Nigeria to ban peer-to-peer crypto trading in naira
Nigeria’s SEC is set to launch a new regulatory framework for crypto exchanges, custodians firms “in the coming days.”
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THORChain spikes by 34% after activating synthetic assets
“Trading with synthetics on THORChain has half the swap fees, making swaps cheaper, cheap gas fees, and faster for traders. You can do near-instant trades at a high volume,” said developer Chad Barraford. 413 Total views 24 Total shares The price of the native asset for cross-chain decentralized exchange THORChain (RUNE) has spiked by 34%…
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Trump’s Bitcoin U-turn: How the crypto critic became a pump signal
Republican presidential nominee Donald Trump pitched himself as a pro-Bitcoin candidate, but not too long ago he said it was based on “thin air.”
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Bitcoin Scams Continue to Exploit Covid-19 Chaos in UK
Following a warning from the national watchdog earlier this month, regional authorities across the United Kingdom say Bitcoin scammers are using the coronavirus crisis to hoax citizens. In a series of consumer fraud alerts published throughout March, Manchester city council and the counties of Pembrokeshire and Norfolk echoed the Financial Conduct Authority (FCA)’s caution against “sophisticated”…
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Buckle up, Reddit: Closed APIs cost more than you’d expect
On July 1, the popular discussion website Reddit took a ruinous step: Its application programming interface (API) — the tool that gives developers access to its rich store of data as they build and train applications — ceased providing free, open access. Going forward, it will be closed and, for some developers, too expensive to…
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Russian government prioritizes blockchain development
Russia is supercharging its development of blockchain, quantum computing, AI and 5G. Russian First Deputy Prime Minister Andrey Belousov, addressing the higher chamber of the Russian parliament on Wednesday, named blockchain as one of the technologies that the government will prioritize in the near future.Belousov said that the government will support technologies that facilitate the interactions…
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Kazakhstan shuts down 36 illegal crypto exchanges in 2024 crackdown
Kazakhstan shut down 36 illegal crypto exchanges in 2024, seizing $112 million in assets and advancing Anti-Money Laundering efforts alongside its upcoming digital tenge launch.
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Bitcoin Price Climbs to $11,200, But Three Factors Hint at a Pullback
The price of Bitcoin (BTC) has increased from $10,995 to over $10,200 in the past 12 hours. But while the momentum of BTC also pushed up the price of other top cryptocurrencies, including Ether (ETH), key metrics and technical patterns suggest the chances of a pullback are rising. Cryptocurrency market snapshot July 31. Source: Coin360Three factors…
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Peak fear? Bitcoin funding rates crash to lowest levels in 7 months
The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on April 18. Quant trader and analyst Lex Moskovski says it shows fear has returned to the market.According to the data from Glassnode, the average Bitcoin futures funding rate across all exchange dropped…