Nigerian crypto wallets tied to protests evade government freeze efforts
The discrepancies between the government’s claims and the blockchain data highlight a tense dynamic between digital finance and state authorities.
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US Representative Soto: Most Cryptos Need CFTC’s Light Touch, Not SEC Oversight
United States congressman Darren Soto has said that most cryptocurrencies should not be regulated under the country’s securities regulator. Soto made his comments in an interview with financial news channel Cheddar on Jan. 10.According to Soto, crypto should be overseen by the Commodities and Futures Trading Commission (CFTC) and Federal Trade Commission (FTC) — rather…
Major crypto firm expects Polkadot (DOT) to become a top 3 blockchain
Spartan Black, a major cryptocurrency fund based in Asia, believes Polkadot (DOT) has more fuel left in the tank and could soar into the top-3 list of biggest cryptocurrencies by market capitalization.Currently, the popular protocol is listed as the sixth largest cryptocurrency by market capitalization at CoinGecko.Since listing on Binance eight days ago, the price…
Binance partners with Indonesian telco to develop new crypto exchange
Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country. 434 Total views 10 Total shares Major cryptocurrency exchange Binance has partnered with MDI Ventures, PT Telkom Indonesia’s venture capital arm, to establish a crypto exchange platform.According to a joint announcement on Wednesday, the agreement will also seek…
As Deutsche Bank Axes 18,000 Jobs, Bitcoin Offers a Powerful ‘Plan ฿’
Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto.As reported by Reuters on July 7, Deutsche Bank’s momentous decision will entail the bank exiting its equities sales and trading business — which had reportedly…
OmiseGO’s Parent Company SYNQA Raised $80 Million in Series C
According to Thailand-based company SYNQA, the firm will use the $80M investment to ‘deepen its footprint’ in cashless societies in Asia. 438 Total views 28 Total shares SYNQA, the parent company of OmiseGo formerly known as Omise Holdings, raised $80 million in a fundraising round for new cashless payment ventures.In a June 22 announcement, Thailand-based…
5 sneaky tricks crypto phishing scammers used last year: SlowMist
Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and trojan malware spread on messaging app Discord.It comes after the security firm recorded a total of 303 blockchain security incidents in the year, with 31.6% of these incidents caused by…
Bitcoin hits record in Japan, Argentina and Philippines’ local currency
For the first time in history, the price of one Bitcoin exceeded 11 million yen in Japan, while prices also peaked in Argentina and the Phillippines.
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain. 337 Total views 15 Total shares Matter Labs, the developer behind the Ethereum Virtual Machine (EVM)-compatible zkSync, has received major industry backing as it pledges to fully open source its platform — marking the first such initiative…