OKX's exit From Nigeria sparks criticism from crypto analysts
OKX stopped Naira withdrawals in May 2024 due to regulatory issues after Binance was accused of manipulating Nigeria’s currency and laundering money.
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Ensuring trust in crypto is tough, but audits and transparency go a long way
On Dec. 9, the total market capitalization of cryptocurrencies soared past $535 billion. This is a significant increase from last year, when the cumulative market capitalization of cryptocurrencies was just over $199 billion. With such impressive growth underway, it shouldn’t come as a surprise that companies operating in the cryptocurrency sector are taking additional measures to…
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Singapore plans joint crypto pilots with Japan, Switzerland and UK
Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project. 146 Total views 4 Total shares The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, is planning to start crypto-related cooperation with some European countries and Japan.The MAS officially announced on Oct. 30 that it
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Michael Saylor’s Strategy bags first Bitcoin purchase under new name
Strategy’s fresh 7,633 Bitcoin purchase came days after the firm rebranded from “MicroStrategy” last week.
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US senators target cryptocurrency use in child abuse trade
Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material.
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Ronin to secure cross-chain bridge with Chainlink CCIP
Ronin said the Chainlink CCIP integration would reinforce its bridge’s security and free up resources to accelerate Its adoption.
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Ethereum derivatives lean bullish even as ETH price sits at a key support
Ether (ETH) lost the $1,750 support on March 22, which marked a 7% loss and $230 million worth of futures contract liquidations. It has been holding near the strong support at $1,670, although investors are unwilling to open new long positions despite the price being 11% below the previous week's high.Ether price on Coinbase, USD.…
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Bank of America Applies for Blockchain-Based Encrypted Crypto Storage System Patent
The U.S.’s second-largest bank, Bank of America (BofA), has applied for another blockchain patent on the development of a secure crypto storage system, according to a patent document published by the U.S. Patent and Trademarks Office (USPTO) August 23. The patent, entitled “Block Chain Encryption Tags,” describes a system of recording and storing cryptocurrency-related transactions…
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Crooked police chief sentenced to 8 years for dark web shenanigans
The charges are reminiscent of events that took place during the "Silk Road" saga. Former police chief Yuri Zaitsev was recently sentenced to eight years in prison for acting as a bounty hunter for a dark web marketplace. In December 2018, Zaitsev was working as the leader of his unit within the Main Directorate for Drugs…