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The U.S. Treasury Department has announced the addition of 22 individuals and two entities tied to the Russian government to the Office of Foreign Assets Control (OFAC) sanctions list. This development is in response to the ongoing war in Ukraine. According to the OFAC, then entities supported the invasion
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Largest coin by market capitalization Bitcoin has risen by 0.7% reaching $ 21,582. Similarly, Ethereum is up by 1.6% ahead of the Merge which comes up in a few days. At the time of writing, Bitcoin and Ethereum are exchanging hands at $21,582 and $1,762 respectively.
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Popular software company MicroStrategy is looking to buy more Bitcoin despite being the single largest corporate holder of Bitcoin at about 129,000 BTC. This new development comes just a month after its CEO Michael Saylor stepped down and a week after the Washington D.C Attorney-General sued the company
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World’s most popular search engine, Google, is counting down to the activation of the Ethereum Merge as a sign of recognition. The Google ‘’doodle’’ is now counting down to the upgrade. The nod from the search engine comes as Ethereum prepares to transition to a less energy-intensive proof-of-stake method
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As the entire cryptocurrency industry awaits the highly anticipated Ethereum Merge, some companies are beginning to launch projects while others are borrowing funds in preparation of the event. While data firm ConsenSys is launching sustainable Non-Fungible Tokens (NFTs), Bounty hunters are fixing bugs in their codes to celebrate the upgrade.
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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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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