Growing up in Edo State, Nigeria, with my three siblings has been a journey filled with learning and growth. My parents have been the foundation of my existence, providing unwavering support through the highs and lows of life. Their presence has instilled in me a sense of security and belief that has shaped my outlook
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The recent announcement by the Securities and Exchange Commission (SEC) regarding Ethereum 2.0 has brought a sense of relief to the cryptocurrency community. The SEC has officially closed its investigation into Ethereum, determining that sales of ETH are not classified as securities transactions. This decision follows a letter sent by Consensys on June 7, seeking
The US Securities and Exchange Commission (SEC) has expressed worries about Circle’s stablecoin, USDC, as the company prepares for a multi-billion dollar initial public offering (IPO). The regulatory body has raised concerns about the potential classification of USDC and other stablecoins as securities under US law. This is not the first time the SEC has
Recently, Brazil’s Special Department of Federal Revenue has announced its plans to collect information from foreign crypto exchanges operating in the country. This move is aimed at ensuring that these exchanges are in compliance with local regulations set forth in 2019. This is a significant development as it indicates that the Brazilian government is taking
South Korea’s Financial Supervisory Service (FSS) has recently addressed the concerns surrounding the potential removal of various digital assets from local cryptocurrency exchanges. This development comes in light of the Virtual Asset User Protection Act, which aims to enhance compliance and scrutiny of listed tokens on these platforms. Contrary to initial reports, the FSS has
Recently, David Hirsh, who served as the Chief of the Crypto Asset and Cyber Unit at the Securities and Exchange Commission (SEC), announced his resignation. After spending nine years with the agency, Hirsh took to LinkedIn to express his gratitude to his colleagues, mentors, and friends for their support. He mentioned that securities enforcement is
Aavegotchi has recently announced the upcoming Rarity Farming Season 8, which promises to bring a thrilling competitive experience for players. With a generous prize pool of 150,000 GHST, this season will introduce several new features aimed at enhancing the overall gameplay experience. One of the key highlights of this season is the introduction of double-elimination
The recent outflows from crypto funds have raised concerns among investors and analysts alike. After five weeks of consecutive inflows totaling $4.35 billion, the sudden reversal to $600 million in outflows has caught many by surprise. The outflows were primarily concentrated in Bitcoin and Solana funds, signaling a shift in investor sentiment towards these assets.
The Vatican Library has recently announced a groundbreaking initiative to expand its reach into the Web3 space by offering non-transferable NFTs to backers of its esteemed manuscript collections. This project, currently in an experimental phase, is exclusively available to Italian supporters of the Vatican Apostolic Library. Italians have the opportunity to participate in this project
Ripple’s XRP has shown resilience in the face of negative market conditions, with a 1% increase in price in the past 24 hours and a 3% increase over the week. This upward trend stands in contrast to the performance of other major cryptocurrencies such as Bitcoin, Ethereum, and Binance Coin, which have seen a dip