SEC is scaling back its crypto enforcement unit: Report

Nigeria's central bank has prohibited commercial banks from providing account services to crypto exchanges. 4121 Total views 21 Total shares The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country.The prohibition was contained in a circular issued by the CBN on Friday.…

To put things into perspective, since November 2021, the total market capitalization of the digital asset industry has plummeted from it’s all-time high of $3 trillion to its current levels of approx. $1.27 trillion, thus showcasing a loss ratio of over 55%.While this massive monetary downturn can be attributed to a range of factors, including…

The Web3 individuality mechanism will require a unique, algorithmically generated tattoo to prove digital citizenship.

Ethereum co-founder Vitalik Buterin said that the blockchain’s initial layer-two scaling deployment is nearly complete. 1189 Total views 72 Total shares Ethereum co-founder Vitalik Buterin said that the blockchain’s layer-two scaling initial deployment has “basically” succeeded.In a June 1 tweet, Buterin claimed that most of the initial work on Ethereum’s second-level scalability solutions is nearly…

Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees.

Changpeng Zhao says the crypto faithful are in it for tech compared to gain chasers looking for the next “moon-shot gem.” 2989 Total views 16 Total shares Binance CEO Changpeng Zhao has commented on the volatility of Bitcoin (BTC), stating that the largest crypto by market capitalization is probably less volatile than the stock prices…

Another crypto merger targets tax reporting. European experts in cryptocurrency tax reporting are joining forces to enter markets in the United States and Canada.Blockpit, an Austria-based crypto compliance expert, has completed a merger with its German competitor CryptoTax, the firm announced on Sept. 8.Both focused on providing crypto tax reporting tools, Blockpit and CryptoTax will…

It's reported the U.S.-based crypto exchange is planning to quickly launch a derivatives exchange based in the island nation. 153 Total views 1 Total shares Own this piece of history Collect this article as an NFTUnited States-based cryptocurrency exchange Coinbase has received a license to operate in Bermuda and it's reportedly set to launch a…

Since Dec. 2022, the two malicious files — MortalKombat ransomware and Laplas Clipper malware threats — have been actively scouting the Internet for stealing cryptocurrencies from unwary investors. 584 Total views 17 Total shares Own this piece of history Collect this article as an NFTAnti-malware software Malwarebytes highlighted two new forms of malicious computer programs…