According to a report on ZeroHedge, the Central Bank of Nigeria’s (CBN), efforts to move the country towards replacing physical currency with eNaira faced significant resistance, leading to protests nationwide. With a continuous struggle to gain public acceptance and increased scrutiny of the government’s “forceful measures,” the CBDC test run in Nigeria appears to have The post Nigeria CBDC experiment stumbles amid public resistance: Report appeared first on CryptoSlate.

“Make War Expensive Again” is a Bitcoin slogan proposed in a recent tweet by Adam Ortolf from Upstream Data. He maintained that war has become “100% free (+ insanely profitable)” due to governments’ ability to create billions of dollars at will for military spending. Yet, could a transition to Bitcoin—a form of hard money—truly render The post Would the Bitcoin Standard make war unaffordable? appeared first on CryptoSlate.

Michael Saylor, MicroStrategy CEO, has recently voiced his support for developing the Ordinals protocol as a critical component in scaling the cryptocurrency to a broader audience. Saylor believes that Ordinals inscriptions are crucial for Bitcoin and gave two primary reasons in a video shared by the CEO of Ninja Alerts, Trevor Owens. Firstly, for Bitcoin The post Saylor advocates Ordinals Protocol, eyes global Bitcoin adoption appeared first on CryptoSlate.

Worldcoin, the high-profile cryptocurrency venture spearheaded by OpenAI CEO Sam Altman, is facing privacy concerns as a black market has emerged for the biometric information that is required for the project’s verification process. A Gizmodo report states that individuals in China have been acquiring detailed iris scans to gain access to the Worldcoin beta network. The post Worldcoin faces privacy concerns as iris scan black market emerges for biometric verification appeared first on CryptoSlate.

The world’s largest DAO by treasury size, BitDAO, has joined forces with Mantle, a high-performance modular L2 blockchain built on Ethereum, to establish a DAO-led web3 ecosystem called the Mantle Ecosystem. The merger combines BitDAO’s existing ecosystem, products, governance, and BIT tokenomics, all under a single brand, Mantle.xyz. The announcement was made following the success The post BitDAO-Mantle merger creates $2.5B DAO-led web3 ecosystem appeared first on CryptoSlate.