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
Grayscale Investments, an asset management business, has launched a new staking fund in addition to its spot Bitcoin ETF. The Grayscale Dynamic Income Fund (GDIF) is a recently established cryptocurrency staking fund that was detailed in a post on twitter. An announcement from Grayscale states that this is their first
The winners of the CMC Crypto Awards 2024 have been revealed by CoinMarketCap after ten days of public voting, in-depth data analysis, and talks with an expert committee. The CMC Crypto Awards are an annual celebration of the remarkable individuals, products, and initiatives influencing Web3 and cryptocurrency. The winners were
A further triumph in the extradition case to the U.S has been achieved by Terra co-founder Do Kwon. An official translation of Tuesday’s announcement states that the highest court in Montenegro reversed a lower court’s decision to extradite Do Kwon to the United States. Do Kwon has now won three
Vitalik Buterin, co-founder of Ethereum, lauded Reddit on Monday for its plan to include contributor ownership in its impending IPO. But he’s bummed out because Reddit’s contributors are subject to restrictions set by American law. Reddit is a prime platform for the cryptocurrency community to connect, debate, and share news,
The Commodity Futures Trading Regulatory Agency (Bappebti) of Indonesia has reportedly requested that the Ministry of Finance evaluate the country’s policy on the taxation of cryptocurrencies. Members of Bappebti’s executive staff have reportedly asked for a review of the 0.11 percent income tax on cryptocurrency and the 0.1 percent value-added
Along with corporations like Elon Musk’s Tesla and Michael Saylor’s MicroStrategy, Reddit is one of the few that has directly bought digital assets, having put some of its surplus income in bitcoin (BTC) and ether (ETH). The social networking platform applied to the U.S SEC to list on the New
The High Court in Podgorica has made a historic ruling, rejecting South Korea’s plea for extradition and ordering the extradition of Do Kwon, the former CEO of Terraform Labs, to the United States. The court’s decision is the result of lengthy discussions about the extradition’s political and legal ramifications. Reports
The world’s most reliable source of cryptocurrency statistics, insights, and community, CoinMarketCap, has announced the first CMC Crypto Awards, which will take place online between February 21 and March 6. This yearly event will pay tribute to the outstanding individuals, products, and initiatives that have shaped Web3 and crypto, highlighting CoinMarketCap’s
Crypto-related VC funding increased to $1.9 billion in the fourth quarter of 2023, a 2.5% rise from the previous quarter. This is the first time since March 2022 crypto-related VC funding has increased. This increased interest in crypto funding is due to the launch of the first spot Bitcoin ETFs
