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Cameroon Separatists Create Cryptocurrency Called AmbaCoin

A separatist government in Cameroon’s semi-autonomous English-speaking southern region of Ambazonia has announced the launch of a new sovereign cryptocurrency called AmbaCoin (AMBA). Operating on the ERC-20 standard, AmbaCoin is being touted as the official currency of the “Federal Republic of Ambazonia,” the currently unrecognised country that separatists are pushing to actualise. QZ Africa reports…

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Crypto VC Funding Deals are Falling Apart Due to Bear Market

According to Barry Silbert, the founder and CEO of Digital Currency Group (DCG), many venture capital funding deals in the crypto sector have fallen apart in the past few months as a result of the 12-month bear market. Silbert, who oversees the operations of one of the largest venture capital firms in crypto with investments…

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Bitcoin Price Driven More by Speculation Than Utility: BitPay CEO

BitPay CEO Stephen Pair has stated that speculation drives a substantial part of bitcoin’s current valuation, while the actual use of the crypto market leader as a currency is responsible for only a relatively small fraction of its price. Speaking on CNBC’s Squawk Box, Pair revealed that BitPay intends to change this situation significantly over…

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Tron DApp Usage Jumps 48% — More Than 1 Million Weekly Transactions

The TRON Foundation launched its TRC20 exchange this week. It is a place for people to exchange tokens issued on the TRON platform. The TRC20 exchange is located at TRX.market. The TRC10 token exchange is still on Tronscan, the primary block explorer and information service for the Tron ecosystem. TRC20 and TRC10 tokens can be…

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AT&T Wants to Create a Blockchain ‘Map’ of Your Social Media History

Telecom giant AT&T has filed a blockchain-oriented patent application to “map” social media histories. Titled “Blockchain-Based Social Media History Maps,” and published on Thursday, it describes a system of tracking social media history “on behalf of” subscribers. Presumably, such a service would be most useful to employers and prospective employers. AT&T Eyes Blockchain for Social…

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