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, a little more than a year after its launch in October 2021. The Nigerian…
Nigeria Begins Process To Legalize Cryptocurrency Use
Nigeria is looking to change its stance around private cryptocurrencies. According to a local publication, the chairman of the House of Representatives Committee on Capital Go to Source
Argentina Fan Token Tanks Despite World Cup Victory – What Went Wrong?
Argentina won the 2022 FIFA World Cup event in Qatar after defeating France during the penalty shootout. However, despite being the first time Argentina has Go to Source
Magic Price Considers A 350% Move As $33 Million In Trading Volume Comes In
Magic (MAGIC) price is among the few cryptocurrencies in the green on Monday following widespread declines in the crypto market during the weekend. Bitcoin price Go to Source
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. Tel Aviv’s…
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 do so because activity “would go offshore.” United States Banking Committee chairman Sherrod Brown…
Shark Tank Star Kevin O’Leary Defends Support of Crypto Exchange FTX and Sam Bankman-Fried
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has defended his support of the collapsed crypto exchange FTX and its former CEO Sam Bankman-Fried (SBF). “This is America. The justice…
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…
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…
Financial Security Oversight Committee (FSOC) Calls On Congress To Regulate Spot Crypto Trading
After witnessing repeated mishaps in the cryptocurrency market, the US financial regulators have once again started to urge congress to regulate spot crypto trading. And Go to Source
SBF U-Turns on Extradition to US
The tale of FTX’s collapse is something that has been making headlines for a while now, and crypto enthusiasts have been following the case religiously. Go to Source
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. More than 350 fraudulent cryptocurrency tokens were created per…
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. The Federal Reserve’s strategy to hike interest rates may continue, making it difficult…
The massive cryptocurrency crisis is here
The turmoil that is currently engulfing the cryptocurrency world is bitterly ironic. As a reaction to the flaws of the traditional financial system, with its Go to Source
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. Users of the crypto exchange Gate.io are facing slow deposits and withdrawals on transactions…