The recent law “On Digital Financial Assets” has not gone far enough in the eyes of Russian crypto industry advocates. Terraform Labs CEO Do Kwon Is Suing the SEC.However, Haugen clarified that… Read More She allegedly possesses numerous confidential research documents, which, according to her, shows that “Facebook prioritizes profit over the well-being of children and all users.” Previously, Facebook has been accused of influencing the 2016 United States presidential election with the help of Russian agencies.In a follow-up interview with The New York Times, Haugen was asked about her financial situation:“For the foreseeable future, I’m fine, because I did buy crypto at the right time.”The whistleblower also received financial help from nonprofit organizations (NPO) backed by Pierre Omidyar, a co-founder of eBay. Frances Haugen, a former Facebook employee turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by an auspiciously timed cryptocurrency investment.Haugen worked as a Facebook product manager before accusing the company of spreading controversial and insensitive misinformation. Crypto investments a financial backup for Facebook whistleblowerįrances Haugen also received financial help from nonprofit organizations backed by Pierre Omidyar, a co-founder of eBay.Rather, the bank emphasized the value of getting things right the first time and how doing so contributes to long-term success for digital currencies. According to the design paper for the eNaira, the CBN now considers itself prepared to implement Nigeria’s CBDC. The CBN is working on a global cryptocurrency that will be used as a means of payment and a store of value in addition to replacing cash.The CBN, in its own statement, downplayed the risks of missing a deadline. Nigerian President Muhammadu Buhari is set to officially introduce the country’s central bank digital currency (CBDC), the eNaira.The Central Bank of Nigeria (CBN) has published a document in which it reaffirmed its intention to introduce the eNaira after previously attempting but failing to do so on Oct. The Nigerian central bank digital currency was originally slated for launch earlier this month, but it has been delayed. Nigerian president to unveil eNaira central bank digital currency.Source: TradingViewAt the same time, the formation of higher highs in ETH/BTC’s daily commodity channel… Read More ETH price charts suggest bullish divergenceThe sentiment raised Ether’s possibility to reenter the falling range as shown in the chart below.ETH/BTC daily price chart featuring bullish divergence. But a selloff on Sunday and the ongoing session had traders test the channel’s resistance trendline as support. As the top altcoin declined, it left behind a trail of lower highs and lower lows, thus forming an ascending channel.Later, ETH/BTC broke the channel to the upside on Saturday, raising anticipations about a strong extended recovery trend. 3.Ether dropped in value against Bitcoin by almost 25% after topping out in September at 0.07955 BTC. Ethereum’s native token, Ether (ETH), has been declining against its top crypto rival, Bitcoin (BTC), since Sept. The second-largest cryptocurrency will see over 8% growth against its top rival should the technical outlook play out. Announcing the HUMAN Grants Program: $10 Million to Fund the Next Wave of HUMAN Protocol Solutions.On the first day of BITO, trading exceeded even… Read More Eight years in the making, the United States Securities and Exchange Commission’s (SEC) silent approval of a Bitcoin (BTC) exchange-traded fund (ETF) last week elicited a wave of exuberance in the crypto space and sent the price of the key digital currency to a new all-time high. Despite some analysts and industry participants having reservations regarding the nature of the approved product - ProShares Bitcoin Strategy ETF (BITO) and Valkyrie Bitcoin Strategy ETF (BTF) being futures-based rather than tracking Bitcoin’s spot price - the development has been overwhelmingly hailed as a breakthrough moment in crypto history.Ahead of BITO’s momentous launches on the New York Stock Exchange, it had been unclear how much interest the new offerings would attract. The SEC has been holding steady for years, but the real-world dynamics of crypto adoption and maturation rendered an ETF approval all but inevitable.