Olubukola Akinwumi, the deputy director of the Central Bank of Nigeria (CBN), recently made allegations against cryptocurrency exchange Binance. According to Akinwumi’s testimony in a legal case brought by the Economic and Financial Crimes Commission (EFCC), Binance and its executive, Tigran Gambaryan, are being accused of conducting transactions that are typically reserved for authorized banks
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Cardano (ADA) has witnessed a significant 3.4% price increase in the past 24 hours, marking a notable rally in its value. This uptrend comes amidst a broader recovery in the cryptocurrency market, with both Bitcoin and Ethereum also showing slight gains of 2.5% and 2.2%, respectively. Technical analysis on TradingView suggests that Cardano might be
The recent downturn in the crypto markets, resulting in a 15% decrease with over $350 million exiting the space, has sparked discussions among industry experts. Cryptographer Adam Back highlighted that market corrections, such as the current 28% dip, are common occurrences during market cycles. He emphasized that previous bull runs had experienced similar drawdowns, suggesting
Semilore Faleti is a name that has become synonymous with excellence in cryptocurrency writing. Specializing in journalism and content creation, Semilore has established himself as a trusted source of information in the field of blockchain and digital assets. His journey into the world of crypto writing began with a general focus on various subjects, but
Meme coins have been gaining significant popularity in the cryptocurrency market, especially during the recent bull cycle. With the likes of Shiba Inu, Dogecoin, and Solana-based tokens making substantial gains, investors are now turning their attention to lesser-known meme coins that have the potential to perform well if Bitcoin reaches $100K. According to ChatGPT, two
PancakeSwap, a well-known multi-chain DEX, recently made an announcement about a community reward program set to run from July 5 to August 5. This program is aimed at distributing over 2.45 million zkSync (ZK) tokens to community members as a token of appreciation for their support of the zkSync PancakeSwap deployment since July 2023. The
The former Solicitor General Donald B. Verrilli has raised serious accusations against US regulators, accusing them of intentionally stifling the crypto industry through debanking practices. These allegations were made in a joint amicus brief filed on July 3 with Paul Clement, another former Solicitor General, pointing to bipartisan concerns about the regulatory environment for digital
In a recent statement on July 4th, the European Banking Authority (EBA) announced updates to their Travel Rule guidelines. This update now includes regulations for crypto service providers and intermediaries in the European Union. Starting on December 30, 2024, all crypto exchanges operating within the EU will be required to adhere to the Travel Rule
Taiwan Mobile, the second-largest telecom operator in Taiwan, has taken a significant step by applying for a license to operate as a Virtual Asset Service Provider (VASP). This move reflects the company’s efforts to break into the crypto market and integrate digital assets with mainstream services. The Financial Supervisory Commission’s latest report now lists Taiwan
RETROBLOCK is setting the stage for a new era in gaming with its ambitious GameFi platform. This platform aims to completely revolutionize the retro gaming scene by incorporating elements of competition, interaction, and rewards. Offering players a unique gaming experience unlike any other, RETROBLOCK is making waves in the industry. One of the standout features