Nigeria restricts fintech onboarding to stop KYC-evading crypto investors
Nigerian fintech firms OPay, Kuda Bank, Moniepoint and PalmPay were directed to pause the creation of new accounts amid an ongoing audit of their KYC processes.
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Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin
Russia needs to move to Bitcoin to provide a “real financial instrument enabling independence in foreign trade settlements,” Deripaska argued. 691 Total views 6 Total shares Russian industrial tycoon Oleg Deripaska is the latest figure to criticize the Bank of Russia’s stance on cryptocurrency regulation in the country.Deripaska took to his official Telegram channel on…
Trader weighs in on possible Bitcoin price drivers for remainder of 2023
A popular name on Twitter, trader Michaël van de Poppe was interviewed for the 10th episode of Cointelegraph’s Crypto Trading Secrets podcast. Cointelegraph’s Crypto Trading Secrets podcast has published its 10th episode, featuring an interview with trader Michaël van de Poppe, who caters to an audience of more than 650,000 on Twitter under the handle…
Dubai to ramp up metaverse efforts with 40,000 new jobs
The emirate launches its Dubai Metaverse Strategy to create more than 40,000 virtual jobs by 2030. 121 Total views 3 Total shares One of the leading crypto hubs in the Middle East, the emirate of Dubai, launches the Dubai Metaverse Strategy that aims to turn it into one of the world’s top 10 metaverse economies.…
Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
Ether's (ETH) performance over the past three months has been less than satisfying for holders and the 50% correction since April 3 caused the altcoin to test the $1,800 support for the first time since July 2021.Ether/USD 1-day chart at Kraken. Source: TradingViewDue to the volatility in stocks, investors had been seeking shelter in the…
Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.
10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’
The “Peter Todd is Satoshi” claim isn’t the first time a misguided theory has appeared in crypto. Here’s 10 more ideas that turned out wrong.
Bitcoin Price Under $12K But Analyst Says Being Bearish ‘Riskier’ Now
Bitcoin (BTC) price was hovering closer to $11,500 on Aug. 7 as analysts brushed off concerns of a fresh downward move.Market visualization. Source: Coin360Bitcoin price experiences another healthy correctionData from Coin360 showed BTC/USD trading at $11,630 as of press time, capping 24-hour losses of 4.5%.The correction follows several days of bullish price action for the…
China’s TON Spin-Off Launches Testnet and Token Airdrop
As the official Telegram Open Network is being prepared to shut down on Aug. 1, global TON technology projects continue progressing. 1472 Total views 14 Total shares TONCommunity.org, one of the multiple spin-offs of Telegram’s unlaunched blockchain network, has announced that its tetsnet is now live.After announcing plans for a separate TON network in late…