Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate 12 months after its launch in Oct. 2021.
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$4B OneCoin scam co-founder pleads guilty, faces 60 years jail
The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering.
Litecoin Price Bleeds, Why The Bulls Could Stay On Sidelines
Litecoin price started a fresh decline from the $80 resistance against the US Dollar. LTC is struggling and remains at a risk of more losses towards the $55 support. Litecoin started a fresh decline from the $85 resistance against the US Dollar…
SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries
Ethereum Price Suffers Setback, This Triangle Could Start Another Decline
Ethereum started a fresh decline from the $1,320 resistance against the US Dollar. ETH is struggling and remains at a risk of a move below $1,150. Ethereum started another decline and traded below the $1,200 support. The price is now trading below…
Israeli court rules authorities can seize crypto in 150 blacklisted wallets
Over 150 crypto wallets blacklisted for alleged links to the funding of terror groups can now be drained of all funds following a ruling by an Israeli court.
Shark Tank Star Kevin O’Leary Defends Support of Crypto Exchange FTX and Sam Bankman-Fried
US Senate banking chair floats possibility of banning crypto
Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to implement because activity “would go offshore.”
Bitcoin Price Prints Bearish Technical Pattern, Why It Could Continue Lower
Bitcoin price declined heavily and traded below $17,000. BTC is consolidating losses and remains at a risk of more losses below the $16,500 support. Bitcoin started a fresh decline below the $17,200 and $17,000 support levels. The price is trading…
350 new 'scam tokens' were created every day this year: Solidus Labs
From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year.
Federal Prosecutors Probe Democrats Over Donations From Sam Bankman-Fried
Several members of the U.S. Democratic Party and campaign committees are reportedly being probed by federal prosecutors over donations from former FTX CEO Sam Bankman-Fried (SBF) and another executive of the collapsed cryptocurrency exchange…
The Federal Reserve's pursuit of a 'reverse wealth effect' is undermining crypto
The Federal Reserve is seeking to push investors into reevaluating their portfolios by injecting chaos into markets.
New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business
According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with…
Nigeria Looking To Legalize Bitcoin Usage: Report
If passed, the reported amendments would regulate bitcoin and cryptocurrency usage in the African nation.A local Nigerian newspaper has reported that Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Market and…
Gate.io experiences slowdown in deposits and withdrawals due to node maintenance
The crypto exchange says that user funds are safe and that transactions are still being processed.
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher
Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues
Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting to recover the funds by creating a creditors…
Amazon's new series 'NFTMe' explores NFT culture and disruption worldwide
The show features artists, collectors, and industry professionals across the world.
Donald Trump Trading Card NFTs Skyrocket in Value Despite Being Mocked for His ‘Major Announcement’
After the former 45th president of the United States, Donald Trump revealed his non-fungible token (NFT) trading card collection, Trump’s NFTs sold out within hours after the announcement. Statistics from Opensea, three days after the sale…
Onecoin Co-Founder Pleads Guilty to Fraud Charges in US
Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in…
Crypto Twitter Speaks Up for Hal Finney’s Account, SBF Was Reportedly Told by Binance CEO: Stop Causing ‘More Damage’ — Bitcoin.com News Week in Review
Bitcoiners on Twitter recently pleaded with the CEO of the social media platform, Elon Musk, to preserve the account of late computer scientist and bitcoin pioneer Hal Finney. The outcry came after Musk announced that a mass of inactive accounts…
Whales Accumulate $726 Million In Bitcoin, Report Shows
Bitcoin and the crypto market have been of late seeing most prices of crypto in red, with little hope for an uptrend, at least based on charts. The past few weeks have seen growing fear and doubt about the asset class. However, despite the recent…
Binance to Help Azerbaijan With Crypto Regulations
Cryptocurrency exchange Binance has offered to support Azerbaijan in efforts to establish regulations for digital assets. The leading coin trading platform has been active in the region this year, seeking to expand market presence and increase…
OKX cites intermittent outage amid Alibaba Cloud equipment anomaly
Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting.
Ghanaian Cedi Appreciates by More Than 30% in 4 Days — Currency Recovery Follows IMF Loan Announcement
Kazakhstan central bank recommends a phased CBDC rollout between 2023-25
Kazakhstan’s central bank recommended making the in-house CBDC available as early as 2023 with a phased expansion of functionality and introduction into commercial operation until the end of 2025.
Bahrain Telecom Operator Starts Accepting Crypto Payments
Stc Bahrain, a subsidiary of the Bahrain telecoms operator Stc Group, recently said its partnership arrangement with payment service provider Eazy Financial Services has created an opening that allows clients to pay bills using crypto. According to…
CoinEx: To Embrace a New Crypto Future by Making Crypto Trading Easier in the Next Five Years
PRESS RELEASE. In December 2022, CoinEx will celebrate its fifth birthday. Since its inception, the crypto exchange has gone through bulls and bears and attracted over four million users across more than 200 countries and regions worldwide. For…
SBF prosecutors reportedly dig into donations made to top US Democrats
Democratic members from the DNC, the DCCC and Congressman Hakeem Jeffries were contacted by SBF prosecutors for information to aid their ongoing investigations.
National Bank of Kazakhstan Publishes Whitepaper for Digital Tenge
The central bank of Kazakhstan has completed the second phase of testing for its digital currency and published a whitepaper. The studies carried out by the regulator on its introduction did not identify significant risks for the country’s…