Nigerian SEC announces new rules, compliance program for digital assets

Japan’s Financial Services Agency (FSA) is reportedly cracking down on crypto exchanges that offer anonymous transactions or have weak identity verification practices in preparation for inspection by the Financial Action Task Force (FATF) this fall. Nikkei Asian Review reported the development on May 22.The FATF will reportedly send its investigatory arm to review the strength…

Bitcoin’s (BTC) price fell by $1,400 within minutes after a crash of United States-based cryptocurrency trading platform Coinbase.Coinbase first reported that it was investigating an issue in which its API and website were not functioning properly at 1:47 p.m. PDT on its status website. According to the daily chart of bitcoin price on Coin360, bitcoin’s price…

Blockchain incubator's CEO says crypto is hot, even given current economic difficulties. Although coronavirus conditions have created global economic difficulties, cryptocurrencies could see growth amid the struggle, according to one blockchain incubator's head."Short-term: digital currencies suddenly look appealing," Polyient Labs CEO Brad Robertson told Cointelegraph in a May 1 email. "If someone only looked back at…

Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal.

On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved.

The United States Federal Reserve began its most aggressive quantitative tightening efforts in March 2022, raising benchmark interest rates in the year since from near-zero to 4.75% to 5% annually. While the central bank has successfully brought down inflation to some degree, the increasing interest rates are starting to cause cracks in the global banking…

Initial coin offerings (ICOs) in Q4 2018 raised 25 percent less than in Q3, while the total amount of completed ICOs increased, according to a report by ICO rating service ICObench shared with Cointelegraph on Feb. 6.The number of ICOs completed in Q4 increased to 594 from 554 in Q3, the report says. With that,…

Crypto is full of odd people who have put some of their eccentricity into the crypto projects they develop.

Cryptocurrency exchange Poloniex has forced a password reset for all customers due to a leaked list of email addresses and passwords on Twitter.On Dec. 30, the exchange emailed its customers to inform them that a list of leaked email addresses and passwords could potentially be used to log in to Poloniex accounts. The exchange forced…