Nigeria files $81.5B lawsuit against Binance, Coinbase execs in legal trouble: Law Decoded
The Nigerian government alleged that Binance caused economic damages after crashing the country’s fiat currency.
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Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflow.
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Nigeria’s SEC says central bank’s crypto ban disrupted the market
The Securities and Exchange Commission of Nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets. 3756 Total views 20 Total shares Lamido Yuguda, the director-general of Nigeria’s Securities and Exchange Commission has said the central bank’s crypto ban has caused significant disruptions to the market.According…
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Jack Dorsey’s Square Inc. to invest $5M in Blockstream Bitcoin mining facility
Blockstream is a leading blockchain development company founded by Adam Back in 2014. 2033 Total views 6 Total shares Square Inc., a crypto-friendly mobile payments company, is planning to invest $5 million in a solar-powered Bitcoin (BTC) mining facility for Blockstream Mining, offering further insight into Jack Dorsey’s continued support for blockchain infrastructure. Chris Cook, Blockstream’s…
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Ethereum to launch first $2M protocol-wide ‘Attackathon’
Ethereum’s security team is planning a four-week hackathon to test the blockchain’s security and wants to do one for every future hard fork.
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Bitcoin on track for $85K, breaks record $82.4K ‘uncharted territory’
Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory. 1026 Total views 1 Total shares Bitcoin is trading in uncharted territory, potentially approaching the six-figure price tag for the first time in history following Donald Trump’s victory in the United
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Vitalik Buterin reveals why a 51% attack on ETH 2.0 ‘would not be fatal’
A 51% attack on Ethereum 2 would not be fatal according to Vitalik Buterin, amid concerns the yETH vault could amass enough Ether to launch an attack Ethereum co-founder Vitalik Buterin has dismissed concerns that a 51% attack on Ethereum 2.0 would be ‘fatal’. The scenario emerged as a result of the burgeoning popularity of Yearn.finance’s…
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US lawmakers under pressure following FTX collapse: Report
In response to FTX's fall, United States lawmakers are reevaluating the crypto industry's regulatory needs for 2023. 13 Total views 13 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTLegislators in the United States seem to be reevaluating the crypto industry and its regulatory needs in light of FTX's collapse. According to…
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Partly cloudy: How blockchain can become a force of nature
On Jan. 3, 2009, Satoshi Nakamoto mined the Bitcoin genesis block and launched the largest technological gold rush of the century. Bitcoin (BTC) was at once a software, a “protocol,” a network, a development team and a new thing called cryptocurrency. Simultaneously, cloud technology proved that abstractions and application programming interfaces could facilitate explosive scalability…