Policymakers are constantly faced with the challenge of regulating emerging technologies such as blockchain and AI while trying to strike a balance between innovation and security. However, there is a persistent disconnect between policymakers and technology, resulting in the oversight of crucial aspects of new technologies. This disconnect is evident in the recent actions of
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The news of Tigran Gambaryan, a Binance executive, taking legal action against the Nigerian authorities has sent shockwaves through the cryptocurrency community. The case, involving allegations of wrongful detention by the Office of the National Security Adviser and the Economic and Financial Crimes Commission, has sparked a fierce legal battle unfolding in Nigeria. The Fundamental
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CommEX, a prominent crypto exchange that had taken over Binance’s operations in Russia, shocked the industry when it announced its decision to wind down operations in the country. This move comes on the heels of Binance’s own exit from Russia in September 2023, citing a one-year timeline for the process to be completed. In a
Avalanche has recently joined forces with Alipay+ D-store and its e-wallet partners to introduce a groundbreaking Web3-enabled voucher program in Southeast Asia. This innovative initiative offers users the opportunity to enjoy discounts of up to 50% on milk teas from 10 popular brands at more than 500 participating shops, with plans to expand to over
The ongoing saga surrounding the extradition of Do Kwon, co-founder of Terraform Labs, has taken another twist with the Appellate Court of Montenegro confirming the decision to hand him over to South Korean authorities. This decision comes after a series of legal battles, including multiple appeals that had temporarily halted the extradition process. Previous Extradition
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BitMEX, a popular cryptocurrency exchange, is currently investigating unusual activity that occurred involving a user selling large orders on its Bitcoin spot market. The incident saw more than 400 BTC being unloaded on the platform, causing the price of Bitcoin to crash by 87% to as low as $8900 before correcting back to its actual
The recent surge in Bitcoin mining earnings to a record daily revenue of $78.6 million on March 7 has sparked significant interest in the cryptocurrency community. This increase in revenue comes at a time when Bitcoin’s value has experienced a 70% surge since the beginning of the year, surpassing the $70,000 threshold for the first
Ethereum has been experiencing a rapid price rally in the last few weeks, surpassing multiple resistance levels. However, the current price has reached a significant level that might act as a barrier for further growth. The daily chart shows a consistent upward trend with higher highs and lows, leaving the 200-day moving average far behind,