In an effort to better control the operations of cryptocurrency companies, the Nigerian SEC has issued new regulations. Reportedly, this new set of rules is an effort to reduce instances of digital currency fraud and money laundering. The revision of operating standards coincides with the fact that Binance, a leading
March 7, 2024 2 mins read
A $4.5 million fundraising round sponsored by Hashed and Gumi Cryptos has been concluded by Blackwing. The funding will go toward creating the first modular layer 2 blockchain, which will enable liquidation-free leveraged trading of any asset. Users may trade with borrowed funds on the blockchain without having to worry about forced
March 7, 2024 2 mins read
The world’s biggest cryptocurrency exchange by trading volume and leading blockchain ecosystem, Binance, is bringing a new dimension to the world of finance and fragrance with the launch of its premium perfume, CRYPTO. This innovative marketing campaign, which was organized by Binance’s female marketing professionals, is timed to coincide with
March 6, 2024 3 mins read
Very soon after reaching an all-time high (ATH) of $69,170, Bitcoin is already seeing a dramatic decline in its price. Up until recently, the Bitcoin price has maintained a steady upward trajectory this week. BTC’s price has fallen 7.48% in its most dramatic and sudden drop since the beginning of
March 6, 2024 2 mins read
In light of the increased scrutiny that Binance in Nigeria has been receiving, the crypto exchange—recently announced its intention to end all services related to the Nigerian Naira (NGN). Binance seems to have come under further scrutiny due to its past legal troubles on an international level, in the midst
March 5, 2024 1 min read
Investors and market experts are taking notice of the substantial transaction that the Ethereum Foundation has completed, selling off $13.3 million worth of Ethereum (ETH). People are talking about how this action by the foundation, which is highly vital to the cryptocurrency industry, may affect Ethereum’s market position. Ethereum has
March 5, 2024 1 min read
The Worldcoin (WLD) cryptocurrency is now under investigation by the South Korean Personal Information Protection Commission (PIPC), which is based on concerns about user privacy. The project’s data gathering tactics and regulatory compliance have been the subject of concerns in the crypto community and the larger tech sector due to
March 5, 2024 2 mins read
Blocksquare, a leader in the tokenization of real estate, has announced that starting on March 3, its native Blocksquare Token (BST) will be available for trading on the popular crypto exchange Gate.io. With the announcement, investors will be able to take advantage of regional commercial real estate possibilities, marking a significant turning point
March 3, 2024 2 mins read
In the midst of Bitcoin’s (BTC) price movement vying for all-time highs, the cryptocurrency is fleeing exchanges at the fastest pace in years. Research and analytics researcher at crypto insights business CryptoSlate, James Van Straten, highlighted withdrawals of Bitcoin worth billions dollars in a twitter post on March 3. Even
March 3, 2024 2 mins read
Hong Kong will soon force all non-compliant trading platforms to shut down locally, and the region has already ceased accepting licensing applications from cryptocurrency exchanges as of February 29. All Hong Kong cryptocurrency exchanges that have not applied for a license must close their doors by May 31, 2024, according
March 1, 2024 1 min read