KuCoin has suspended its peer-to-peer (P2P) services as well as the feature of fast buy using the Naira currency of Nigeria. The exchange shared on X about the move they had decided to take. “We regret to inform our Nigeria Users On the temporary pause of our P2P services, we are eagerly looking forward to resuming […]
Oklahoma Governor Kevin Stitt recently signed legislation creating a comprehensive legal framework for blockchain technology offering protections for the state’s cryptocurrency miners. State Representative Brian Hill spearheaded the new legislation, known as House Bill 3594, which will go into effect November 1, 2024. This legislation establishes Oklahoma as one of the first states in the […]
Standard Chartered Hong Kong (SCBHK) and Mastercard have successfully launched the first live test of tokenized deposits in Hong Kong’s fintech sandbox. This test, held through Mox Bank and Libeara partnership, denotes an important milestone in terms of trying blockchain technology greater role in banking operations and fund governance. Source: Mastercard An online demonstration was […]
The United States Department of Justice has formally indicted Anton Peraire-Bueno and James Pepaire-Bueno on multiple charges including wire fraud and money laundering. Authorities claim that the brothers orchestrated a sophisticated scheme, manipulating the Ethereum blockchain to illicitly acquire $25 million in cryptocurrency. This operation, completed within a remarkably short span of about 12 seconds, […]
Bitget Wallet has announced the creation of a $10 million ecosystem fund designed to accelerate the development of its Onchain Layer. This initiative reflects Bitget’s strategic effort to expand its on-chain ecosystem, akin to moves previously made by other exchanges like Binance, OKX, and KuCoin. The fund will focus on fostering the growth of native […]
The Worldcoin Foundation has enhanced the security of biometric data by making its Secure Multi-Party Computation (SMPC) system open source. This innovative system encrypts iris codes into secret shares that are held by multiple parties, ensuring enhanced security. Consequently, it enables the permanent deletion of iris codes previously stored under the old uniqueness-checking protocol. 1/ […]
Michael Novogratz, the CEO of Galaxy Digital, believes that the cryptocurrency market is in a “consolidation phase,” which is preventing it from rising higher. He also made some unfavorable predictions for Solana, Ethereum (ETH), and Bitcoin (BTC). Novogratz stated during a conference call on May 14 that since the entire cryptocurrency market has been trapped […]
MicroStrategy Inc., renowned for its Bitcoin holdings, has been announced as a new addition to the MSCI World Index, effective May 31. MSCI’s inclusion highlights the company’s major market value increases, primarily driven by its Bitcoin activities. MicroStrategy Inc. shares have fared better over the past year than even Bitcoin, which has also surged. MicroStrategy […]
In an astonishing financial feat, an anonymous investor has turned a minimal $3,000 investment into an eye-popping $46.3 million profit with cryptocurrency token $PEPE. This remarkable individual bought 4.9 trillion $PEPE on April 14, 2023, when it was worth $56 million in total. Riding the wave of $PEPE’s meteoric rise, he sold 1.41 trillion tokens […]
On Tuesday, HTX’s Hong Kong affiliate withdrew its license application for the second time, casting doubt on the exchange’s ability to operate legally in the region. HBGL Hong Kong Limited (Huobi HK) was included among the applicants who withdrew their applications from the list of those seeking virtual asset trading platforms. However, it was removed […]