Binance exec’s trial brought forward despite no access to legal counsel
Amidst multiple alleged money laundering charges, the Nigerian government claims that Binance was responsible for the decline of its Naira currency.
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Korean investigation finds $1.48B in illegal overseas crypto transactions
More than 30 people are facing fines and prosecution in South Korea for allegedly contravening the country’s ban on overseas crypto transactions. 584 Total views 5 Total shares An interagency investigation into suspected crypto fraud and money laundering in South Korea has led to the discovery of 1.69 trillion won (about $1.48 billion) in illegal…

Congress Proposal to Give Everyone $2000/mo ‘Strengthens Case for Bitcoin’
Democrat congresswoman Maxine Waters has proposed giving $2000 a month to every adult, and $1000 a month to every child in America, to help see them through the COVID-19 financial crisis.Waters — the Chair of the U.S. House Financial Services Committee — made a series of other extraordinary legislative proposals to help the economy in…

Bitcoin and S&P 500 No Longer Correlated: Mati Greenspan
The Quantum Economics founder says there was only ever a ‘loose correlation’ between crypto markets and the S&P 500 during the pandemic. Crypto analyst Mati Greenspan says the correlation between crypto assets and the S&P 500 has fallen significantly since the dramatic sell-offs in tandem early in the pandemic.In the Aug. 5 Quantum Economics newsletter,…

ApeCoin (APE) price jumps 100% on ApeChain launch
Apechain mainnet launch and LayerZero's integration have translated into a 100% price upside for APE in recent days.

Nigeria’s Union Bank Reportedly Warns Against Crypto Transactions
The Union Bank of Nigeria has reportedly cautioned against transactions in cryptocurrencies, according to a letter allegedly sent to its users and published Nov. 26 by Nairaland, an online community targeted at Nigerians.Nairaland, the largest Nigerian online community with over 55 million Internet users, has published a letter reportedly from the Union Bank, which cited…

DeGods and Y00ts NFTs are bridging off Solana. Here’s why
Nonfungible token (NFT) firm Dust Labs is migrating its two top-performing Solana NFT projects — DeGods and y00ts — onto Ethereum and Polygon in a bid to expand their adoption. The news was announced on DeGods and y00ts Twitter page on Dec. 25, with both NFT projects expected to be officially bridged onto Ethereum and Polygon…

Breaking: Telegram CEO Pavel Durov arrested in France
Reports are trickling in via social media and mainstream news outlets, but so far, there hasn’t been any official confirmation.

Japanese port city wants to become the Web3 hub for the country
Through a new collaboration with Astar Japan Labs, the city of Fukuoka aims to become the Web3 hub of the country, akin to Silicon Valley. 344 Total views 12 Total shares In Japan, the city of Fukuoka is looking towards the future of Web3 in its latest partnership with Astar Japan Labs - the company…