Nigerian fintechs crack down on crypto, users face account blocks

It’s here! The United States tax season officially started on Jan. 27, and this time, crypto tax is in the spotlight.Following developments that culminated in the Internal Revenue Service publishing new guidance in October 2019, the bureau has begun to invest efforts in cryptocurrency tax reporting and investigation and is expecting to see an increase…

Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in part by Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, was created using CoinFLEX assets without their consent. According to a writ of summons filed in the High Court of Hong Kong and seen by Cointelegraph, CoinFLEX

2022 saw the continued advancement of green crypto projects as more industry companies focused on sustainability to reduce carbon emissions. A series of elemental forces drove the paradigm shift, including user demands for faster and more energy-efficient blockchains, growing climate change awareness among investors, and rising government concerns about energy consumption in the crypto sector.Among the…

The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments. 171 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe organization following the launch of the Central African Republic’s Sango Coin has announced a delay of its listing “just for a…

After 3.3 years of inactivity, cryptocurrency wallets linked to the Plus Token Ponzi scheme move $2 billion in Ether (ETH), potentially impacting the market.

The man who claims to have written the Bitcoin (BTC) whitepaper may not have written his own law degree dissertation.That’s the picture painted by “PaintedFrog,” the pseudonymous writer of a Medium post on April 9. This post demonstrates large-scale similarities between Wright’s dissertation and several other publicly available sources. Wright’s dissertation for his LLM in International…

RSI is on route to repeating a trend break, which sparked "massive" BTC price moves twice in the last year, one analyst notes. 367 Total views 31 Total shares Bitcoin (BTC) circled the $38,000 mark into Jan. 30 as a "trappy" weekend still offered the chance of a solid weekly close.BTC/USD 1-hour candle chart (Bitstamp).…

Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns.The exchange announced the decision on Nov. 25, noting that the delisting will take place on Feb. 19, 2020. The exchange explained its decision“Monero (XMR) can selectively utilize anonymity features among projects. This feature of XMR is a subject to end of…

Several decentralized finance (DeFi) protocols running on Binance Smart Chain (BSC) have fallen victim to major exploits in recent months as the sector continues to see substantial growth in 2021.Binance’s very own smart contract blockchain platform has seen a surge in demand since its launch in September 2021, due to its low fees and high…