Recent findings by TRM Labs have brought attention to the concerning trend of illicit activity at crypto ATMs. The report highlighted that these cash-to-crypto services have processed over $160 million in illicit volumes since 2019, with a sharp increase in 2023. The lack of stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols at
Blockchain
As a passionate writer deeply entrenched in the world of cryptocurrency, Opeyemi’s journey into the digital asset realm was not a deliberate choice but rather a captivating adventure that has consumed his life for over two years now. His dedication to unraveling the intricacies of blockchain technology and staying abreast of the latest trends in
Semilore Faleti stands out as a cryptocurrency writer with a specialization in journalism and content creation. Initially delving into various subjects, Semilore eventually discovered his talent for unraveling the complexities within the realm of blockchains and cryptocurrency. His fascination lies in the efficiency of digital assets for storing and transferring value, making him a vocal
Recent developments within the US Securities and Exchange Commission (SEC) have shed light on the pressing need for retail investors to have more immediate access to fund portfolio data. This issue has sparked discussions on how blockchain technology, specifically oracles like Chainlink, could revolutionize the way data is obtained and utilized in the investment sphere.
The U.S. Securities and Exchange Commission (SEC) recently brought charges against two brothers, Jonathan Adam and Tanner Adam, for allegedly running a $60 million Ponzi scheme. The complaint, filed in the United States District Court for the Northern District of Georgia in Atlanta, accused the brothers of defrauding over 80 individuals. The scheme involved falsely
The Nigerian Securities and Exchange Commission (SEC) has recently granted two local crypto exchanges, Busha Digital Limited and Quidax, “Approval-in-Principle” to commence operations under the Accelerated Regulatory Incubation Program (ARIP). These approvals are part of the SEC’s efforts to promote innovation while ensuring investor protection within the digital asset space. The ARIP was designed to
Blowfish Studios, the esteemed game studio under Animoca Brands, is currently hard at work developing an innovative PvP game known as DarkTimes that is set to revolutionize the gaming industry. Inspired by Nordic mythology, DarkTimes immerses players into a dark and fantastical world filled with fast-paced combat and RPG elements. Unlike traditional battle royale games,
Recently, both Binance and Bybit have dropped hints about launching new products related to Solana. This has led to speculation within the crypto community about the possibility of these exchanges entering the Solana liquid staking market. Binance’s official X account posted a cryptic message with “BNSOL” followed by “coming soon,” while Bybit announced the introduction
The Cardano network is on the verge of one of its most significant upgrades to date, with the Chang hard fork set to be deployed in the coming days. This update will bring new features and mark the blockchain’s transition into a community-run network. Originally scheduled for August 27th, the Chang hard fork launch was
Gameplay Galaxy, a promising player in the blockchain gaming sector, has recently secured an impressive $11.17 million in a seed extension round. This round, co-led by Blockchain Capital and Merit Circle, has propelled the company’s total valuation to $71 million and total funding to $24 million. The primary focus of this funding round is to