Multiple Blue Rings
Multiple Blue Rings

By NewsDesk8

crypto news in short 

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Pepecoin holders could profit from their positions after the most spectacular rally in history!

Pepecoin (PEPE) holders could benefit from their positions after the most spectacular rally in the history of alternative currencies (altcoins) with a rise of almost 5,000,000% in the last few weeks. The tokens fell almost 45% after hitting a high of $0.00000431 on Friday, reaching a market capitalization of $1.8 billion in just three weeks since their issuance in mid-April.

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Multiple Blue Rings
Multiple Blue Rings

Celebrating the adoption of the National Blockchain Policy, the Nigerian crypto community. which is set to impact digital identity management, administration, and e-payments. On 3rd May this year, the Nigerian government approved a national blockchain policy during a meeting. A draft policy states that blockchain and decentralized ledger technology will "facilitate the development of the Nigerian digital economy."

Nigeria's crypto community celebrates the approval of the National Blockchain Policy!

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US sanctions have limited China's access to the latest chip technology for AI development!

China is moving ahead with domestic AI development rather than using cutting-edge US technology due to current sanctions. Chinese companies are studying AI methods to develop AI through weak semiconductors, including combinations of chips to bypass reliance on a single type of hardware. The Wall Street Journal announced.

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Ripple's CEO reveals $200 million spent to defend SEC case!

According to United States SEC (Securities Exchange Commission) CEO Brad Garlinghouse. Ripple spent $200 million.  Garlinghouse said during a fireside chat at the Dubai FinTech Summit on 8th May  that the UAE (United Arab Emirates) Virtual Asset Regulatory Authority and recent European markets in crypto are lagging behind progress with crypto regulation.

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READ MORE NEWS ON BLOCKCHAIN, BTC, and ETH

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