Nigerian SEC mandates local offices for crypto firms

The cryptocurrency market has far faced an uphill battle for the larger part of 2022 due to global economic headwinds on multiple fronts, along with supply chain constraints, blistering inflation and the ongoing war in Ukraine. Despite the weakness seen in a majority of crypto assets, several decentralized finance (DeFi) protocols have managed to strengthen their…

Bitcoin Cash startup General Protocols has raised more than $1 Million for its DeFi vision. The General Protocols startup is developing its Decentralized Finance (DeFi) vision on Bitcoin Cash after raising more than $1 million in a seed funding round. This round of funding allows the Singapore-based team to develop their flagship product AnyHedge on Bitcoin…

The commissioner warnes that vulnerabilities seen within the crypto markets are similar to those seen during the global financial crisis and calls for the agency to be given additional authority. 194 Total views 3 Total shares Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its…

The crypto market has extremely low barriers to entry, meaning anyone with an internet connection, a smartphone or a computer and a bit of starting capital can theoretically become a trader. Sadly, most of these beginners learn hard lessons and go broke. Here are 10 common mistakes made by beginning traders that you should avoid…

The exchange reports its new Indian engineering hub will be second in size behind its hub in the United States. 165 Total views 9 Total shares Own this piece of history Collect this article as an NFTUnited States-based cryptocurrency exchange Gemini announced the establishment of a new engineering hub in India with plans to tap…

Chinese economist says signs have shown 2020 is an important year for integrating blockchain within all industries. 1442 Total views 26 Total shares The Tencent blockchain accelerator entry contest was held recently in Shenzhen China. Its theme concerned “blockchain industry and ecological co construction".According to the local news on July 2, Professor Zhu Jiaming, former…

Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission. 239 Total views 2 Total shares The European Commissioner for Financial Stability, Financial Services and the Capital Markets Union, Mairead McGuinness, believes there’s no reason to rush the digital euro until after the next European Parliament elections

Binance CEO Changpeng Zhao (CZ) said people should invest in crypto if they're using "cash that you don't need for a long time" as the market sees high volatility amid FTX's fallout. 583 Total views 10 Total shares Binance CEO Changpeng “CZ” Zhao has strongly advised cash-strapped and inexperienced investors to stay away from trading…

Less gullible retail investors and falling asset prices have made scamming a less enticing endeavor, but the tsunami of new DeFi applications has hackers licking their lips. 585 Total views 11 Total shares Fewer people have fallen victim to cryptocurrency scams in 2022 so far due to falling asset prices and the exit of inexperienced…