Nigeria’s SEC has planned to take legal action against crypto exchanges and investors. Those who fail to abide by their regulatory frameworks. Nairametrics, a local Nigerian media has reported that Dr. Emomotimi Agama, the SEC Director-General is emphasizing that the committee is determined to protect investors. Similarly, in July, the
In the past few weeks, the crypto regulatory division has seen an increase in activity after the recent market lull. Recently, the Nigerian SEC announced that it would be taking action against unlicensed crypto exchanges. Amid the actions and other lawsuits, Binance saw an advancement in terms of regulations. Notably,
Some cryptocurrencies are getting a lot of attention and shaking up the market. BlockDAG, for example, is turning heads with its successful presale, DAG technology, and unique ways to keep users and the community involved. Ripple is changing the finance world with its cryptocurrency, XRP, which is known for its
Somnis: Rumble Rush, a blockchain game developed by Overtake, has made a significant impact in the global gaming market, attracting widespread attention just three weeks after its official launch on August 20. Overtake CEO Oh Seung-hwan announced that the game’s launch has far exceeded expectations, with over 30,000 cumulative registrations
LayerZero, a leading cross-chain protocol, recently made headlines with its successful airdrop of the native ZRO token. Unlike Starknet and ZKsync, LayerZero’s airdrop stood out for its strong anti-bot measures and focus on rewarding real users. Recently at the Korea Blockchain Week, LayerZero’s CEO, Bryan Pellegrino, explained that their airdrop
The cryptocurrency market has been in a bearish trend for the past month, with major cryptocurrencies and altcoins hitting new lows. Last week saw significant declines, with Bitcoin falling to a one-month low of $52,500 and Ethereum to $2,150 on the same day. However, the past 24 hours have shown
Woo X, a prominent Taiwan-based cryptocurrency exchange, has unveiled a groundbreaking copy trading feature. This new offering promises to revolutionize social trading by allowing users to mirror top traders’ strategies with an innovative twist. The new copy trading feature at Woo X stands out due to its unique counter-trading capability.
Japan’s Tokyo Electric Power Company (TEPCO) is exploring green energy management through its subsidiary, Agile Energy X. By utilizing surplus renewable energy for Bitcoin mining, the company aims to tackle energy waste and generate significant revenue. According to a report by local media Asahi Shimbun, Agile Energy X revealed that
Zeebu, a decentralized liquidity protocol revolutionizing payments and settlement, is thrilled to announce its title sponsorship of TOKEN2049 Singapore, Asia’s largest crypto and blockchain conference. Scheduled for September 18-19, 2024, this signature event is expected to attract over 20,000 attendees and more than 7,000 companies, making it the most significant
Trust Wallet, a leading decentralized crypto wallet backed by former Binance CEO Changpeng Zhao (CZ), is experiencing remarkable growth in Africa and South Asia. Users in these regions increasingly seek stablecoins like USDC to secure their financial assets. The rise in adoption highlights the growing trust in on-chain wallets, particularly
