Nigerian trader’s integrity restores trust in crypto

The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem. A number of losses have been recorded from these events. Blockchain analytics firm Chainalysis released a report in December of last year, which noted…

Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will expand its services from Asia to Europe through its new Zurich office.Registered under the name of Chaintech in Switzerland, Matrixport will begin offering its trading, lending and custody services in the country, Swiss-centred publication swissinfo.ch reports on Nov. 26.The European expansion news…

Hash rate refers to the overall computing power involved in validating transactions on the Bitcoin (BTC) blockchain. As reported by Cointelegraph, more power suggests greater network security and interest in the profitability potential of mining Bitcoin.Hash rate a function of Bitcoin's valueA hash rate increase is often associated with the expectation of BTC price appreciation.…

Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy. Thailand’s Securities and Exchange Commission (SEC) has issued new rules for digital asset service providers focused on investor protection.The new guidelines require digital asset service providers to offer adequate warnings highlighting…

Many who aren’t crypto industry insiders may view “Bitcoin” and “crypto” as basically synonymous. While members of the traditional finance industry know that there’s much more to crypto than Bitcoin, they also know that Bitcoin’s performance and health serve as a bellwether for the acceptance and growth of the overall crypto industry.  Monitoring select blockchain

Ether (ETH) has more than doubled in value so far this year, with strong fundamentals and increasing numbers of projects being built on the network. Here are five signs from this week that Ethereum’s time may have finally come.Institutional investors are now paying a 220% premiumAccredited investors are currently paying a 220% premium to buy…

Self-custodial crypto wallet provider Tangem has developed a new wallet integrating direct payments through Visa.

Central bank head Roberto Campos Neto recognizes the demand for greater crypto regulation as the country evolves in the market. 791 Total views 4 Total shares Speaking at an online event organized by the Council of the Americas, Roberto Campos Neto, president of the Central Bank of Brazil, shared his views on transparent payments networks, the country’s central…

With little comfort on the daily chart, analysts once more zoom out to explain the lack of momentum on the market. 901 Total views 41 Total shares Bitcoin (BTC) fooled no one with its criss-crossing of $40,000 on April 15 as traders remained firmly risk-off on BTC.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin returns to…