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Bitcoin has continued to struggle below $20,000 as a particular whale sent 5000 coins to Kraken exchange. Blockchain data shows that the wallet was created and some coins were added as far back as 2013. At the time of writing, Bitcoin traded at $19.7k - 0.08% higher
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World’s largest crypto exchange, Binance, has partnered with the Nigerian government to develop the Nigeria Export Processing Zone Authority (NEPZA) to promote a digital economic zone just like the UAE. This collaboration with Binance comes after similar strides were achieved in Busan and South Korea. Blomberg reports that Nigerian
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Cryptocurrency loaning protocol Nexo has committed extra funds to its buyback agenda, allowing the firm a more tactful capacity to acquire back its native crypto assets for better interest output or calculated ventures in the long run. On August 30th, the protocol announced that the central management board had agreed
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The United States Securities and Exchange Commission (SEC) released a crypto/investment shareholder notice tagged “Social Media Marketing and Investment Fraud.” According to the content of the publication, the SEC’s Investment, Education, and Advocacy Department underlined a caution against the ever-increasing cyber criminals that track shareholders online to scam
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According to a recent report by REUTERS, Indonesia's giant tech company PT GoTo Gojek Tokopedia Tbk has stepped into the digital currency space by buying local trading protocol Kripto Maksima Koin GoTo highlighted to the stock exchange regulator that the total of 124.84 rupiahs ($8.38 million)
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A public service announcement published by the Federal Bureau of Investigation (FBI) summarized a caution addressing decentralized finance protocols to double up their protection standards and shareholders to be mindful of the susceptibility of these protocols. The investigation authority’s warning has followed the series of recorded cyber criminal activities
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There has been a commendable increase in the adoption of cryptocurrency options for tax and other obligatory payments by the government across different regions. Mendoza, the heart of Argentina’s wine nation, has been reported to be the first amongst other neighboring provinces to enforce a virtual method that encourages
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Crypto exchanges are digital marketplaces where users buy, sell and trade cryptocurrencies. In February 2021, the Central Bank of Nigeria, once more effected stricter measures to forestall the trading of cryptocurrencies. A year later, Nigeria still poses as a growing market for Bitcoin and other crypto transactions as Nigerians quickly
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Trading protocol Binance published on Friday its recent Memorandum of Understanding (MOU) agreement with the second largest port city Busan. According to the trading platform, this contract authorizes Busan to “receive technological and infrastructure support from Binance for the development of the city’s blockchain ecosystem and promotion of the
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Prominent India-based digital currency exchange, CoinSwitch has highlighted that the protocol is cooperating with the nation's financial investigatory unit which opted to search its five offices on Thursday. According to the protocols chief executive officer Ashish Singhal, the search into its operation models is not connected to any
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…The trading protocol highlights its aim to maintain equilibrium as the merge proceeds with the staker's network conductor –Beacon Chain– by introducing certain momentary actions. Prominent crypto trading platform Binance has noted that it will place a halt on incoming and outgoing payment transactions of the Ethereum coin
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Philippine regulatory officials were reported to have held a congress hearing, headed by Congressman Mark Villar, to debate crypto directives on Wednesday. Present in the hearing were executive bodies like the Securities and Exchange Commission (SEC), Cagayan Economic Zone Authority (CEZA), and the Bangko Sentral ng Pilipinas (BSP). Other administrators