Nigeria’s SEC to crack down on unregulated crypto exchanges
Nigeria’s SEC will enforce regulations on unregulated crypto businesses, protecting investors while encouraging innovation in the growing market.
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Binance, crypto firms optimistic about UAE amid potential US regulatory shift
Binance and other cryptocurrency firms based in the United Arab Emirates are optimistic that the country will remain a hotspot for virtual assets despite a potential shift to the United States should the Western superpower become a more crypto-friendly jurisdiction.The “regulation by enforcement” regime in the U.S. has pushed global crypto firms to move to
Southern China warns investors against illegal token platforms
China’s southern Hainan province is the latest to warn investors against crypto-based fundraising schemes. Following China’s major regulatory crackdown on cryptocurrencies, financial regulators in Hainan, the smallest province in the country, reportedly issued a warning against crypto or blockchain-themed illegal fundraising schemes.According to local reports, the Hainan branch of the People’s Bank of China, the…
Vitalik Buterin responds to criticism that Ethereum ‘doesn’t care’ about DeFi
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I would never invest one cent in Bitcoin, says Ryanair CEO
“Avoid Bitcoin like a plague.” 2137 Total views 32 Total shares Micheal O’Leary — the CEO of major budget airline Ryanair — has come out very bearish on Bitcoin (BTC).Recently speaking to The Times, O’Leary likened Bitcoin to a Ponzi scheme and advised investors to avoid it:“I have never, and would never, invest one cent…
3 key Solana metrics explain exactly why SOL price is down
The past eighty days have been moderately bearish for cryptocurrencies as the altcoin market capitalization declined by 16%. The downside movement can be partially explained by the U.S. Federal Reserve’s quantitative tightening, rising interest rates and the halting of asset purchases. Although they are aimed at curbing inflationary pressure, the policy also increases borrowing costs…
Tim Wu, the ‘father of net neutrality’ reportedly owns over $1M in Bitcoin
Tim Wu, a one-time Bitcoin critic and current technology policy adviser at the White House, reportedly owns between 29 and 146 BTC. 4390 Total views 9 Total shares Cryptocurrencies might be anathema for certain members of United States President Joseph Biden's administration, but that has not stopped one staffer from owning a small fortune in…
Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse
The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022.
Critical bug identified and remedied in Circle’s Noble-CCTP
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.