Nigeria to create the stablecoins and ICOs legal framework
The necessity to create a legal framework for stablecoins is marked in the latest Central Bank of Nigeria strategy paper.
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Chiliz Serves Up 16% Weekly Gains, Becomes Most Traded Token Among ETH Whales
Chiliz (CHZ) started off 2023 by putting together a 20% increase in its value during the first five days of the year. This strengthened the hopes of the holders of the crypto that it might have a strong bullish rally this year as opposed to the…
Turkish automaker Togg onboards Metaco for crypto custody and governance
The partnership with Metaco will include using its digital asset custody and orchestration system, Harmonize, to safeguard the custody and governance of Togg’s digital assets.
Terra accidental airdrop leads to smear campaign, community member claims
TFL claimed that the airdrop receiver refused to return the funds, while the user claimed that he was on the verge of settlement with the firm when the former decided to run a smear campaign.
What is ShibaSwap and how does it work?
ShibaSwap is a decentralized exchange platform launched to expand the utility and capabilities of the SHIB token ecosystem.
Solana Moves On From FTX Calamity, Sparkles 46% In Last 7 Days
Solana (SOL) has been included in the top cryptocurrencies to watch out for this week of finance and crypto-focused site Investopedia. This no longer comes as a surprise considering that at one point during the last seven days, the digital asset…
Cointelegraph’s Accelerator Program launches and is seeking Web3 startups
The program aims to help Web3 companies boost their media presence, community growth and brand awareness.
New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs
According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory framework for potential implementations of stablecoins. The document also discusses the regulation of initial coin offerings…
Bitcoin community not happy with Peter Zeihan’s criticisms on Joe Rogan podcast
Joe Rogan podcast guest Peter Zeihan argued that Bitcoin has no intrinsic value and will go down by $17,000 more.
Why Justin Sun’s Stablecoin USDD Is Struggling To Maintain Its Dollar Peg
A stablecoin is a cryptocurrency that is pegged to a certain fiat currency. It provides stability for investors of crypto, making transactions easier. USDD, a stablecoin created by the founder of the Tron Blockchain, Justin Sun, has been losing its…
FTX former lead engineer in talks with federal prosecutors in Bankman-Fried case
A third former FTX-linked executive is reportedly considering providing evidence against Sam Bankman-Fried in an attempt for a more lenient sentence.
Mark Cuban to face questioning under oath over promotion of Voyager
U.S. Magistrate Judge Lisette M. Reid rejected Cuban’s application to delay the deposition, and outlined that his full deposition will be taken on Feb. 2 in Dallas, Texas.
5 sneaky tricks crypto phishing scammers used last year: SlowMist
SlowMist found that across 303 recorded blockchain security incidents in 2022, nearly a third were made up of phishing attacks, rug pulls and scams.
Nepal regulator orders ISPs to block crypto websites or face the law
Nepalese internet and email providers were put on notice by the country’s telco regulator to block crypto-related websites or face legal action.
Prices in Dollars Rose Almost 54% in Venezuela During 2022
Prices in Venezuela have been rising steadily even when denominated in foreign currency. According to data collected by Ecoanalitica, a market research firm, prices marked in dollars have grown close to 54% during 2022, affecting the income and…
BNB Price Gearing For Another Lift-Off to $300: Rally Isn’t Over Yet
BNB price (Binance coin) found support near $240 against the US Dollar. BNB rallied above $260 and might aim more upsides towards the $300 level. Binance coin price started a recovery wave from the $240 support against the US Dollar. The price is…
Ethereum Price Turns Green But Decreasing Volumes Might Be Concerning
Ethereum extended its increase above the $1,300 resistance zone against the US Dollar. ETH tested the $1,350 zone and is currently correcting lower. Ethereum remained in a positive zone and climbed above the $1,300 and $1,320 resistance levels. The…
FTX units on auction block draws 117 interested buyers: Court filing
Four businesses up for sale as part of bankruptcy proceedings include Embed, LedgerX, FTX Japan and FTX Europe.
Sanctions couldn't 'pull the plug' on Tornado Cash: Chainalysis
While it has become harder to access the crypto mixer today, for better or worse, decentralization means it's near impossible to put an end to it.
CoinMarketCap-led token airdrops ‘infected by fraud,’ crypto project claims
A crypto project claims a promotional token airdrop campaign led by CoinMarketCap was riddled with "fraud" that left its token price crumbling.
Bitcoin Price Struggles Above $17K, Why BTC Is Still In Bullish Zone
Bitcoin price extended its rise and traded towards $17,400. BTC is correcting gains, but it remains well supported near the $17,000 zone. Bitcoin extended its increase above the $17,000 and $17,200 resistance levels. The price is trading above…
Hong Kong Reaffirms Commitment to Become Regional Crypto Hub
Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong became a quality standing point for digital…
Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report
The country's central bank will begin studying two possible cross-border CBDC settlement models this quarter.
Bitcoin Can Be Super Collateral If Lenders Understand Its Value
The frequent implosion of crypto lending platforms is rooted in their mismanagement and failure to respect bitcoin’s true value.This is an opinion editorial by Max Keidun, the CEO of peer-to-peer bitcoin exchange Hodl Hodl.The bitcoin lending space…
Layer-1 EVM oracle platform Flare launches to boost interoperable DApps
Layer 1 EVM blockchain Flare goes online, aimed at providing developers a platform to build decentralized interoperability applications.
NY law firm investigates potential 'securities fraud' at Core Scientific
The investigation was prompted by a report from Culper Research, which alleged that Core Scientific had "wildly oversold" its mining and hosting businesses.
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence
Ethereum Reaches New Three-Week High Above $1,300, But Will Rally Last?
Ethereum, just like bitcoin, saw a relief rally that pushed its price to a new three-week high. The digital asset is now trading above $1,300 for the first time since mid-December 2021, and so far, has been able to hold its gains in the market…
Hut 8’s Ontario Bitcoin Mining Operation Halted Amidst Power Disputes
The mining company confirmed the operation is still shuttered after contractual disagreements with their power provider, Validus Power.Hut 8’s bitcoin mining operation in North Bay, Ontario has come to a standstill after a set of disagreements with…
Bitcoin derivatives data suggests a BTC price pump above $18K won’t be easy
The BTC futures premium remains a topic of concern, but it appears that traders are starting to price similar risks for the upside and downside.