In this post: The Nigerian government’s treatment of crypto is causing confusion and frustration among investors. The country’s Senate Committee on Capital Markets has called for cryptocurrency regulation to protect investors and strengthen the local economy. Despite the government’s attempts to control cryptocurrency trading, Nigerians remain enthusiastic about cryptocurrencies. The Senate Committee on Capital Markets […]
In this post: Hong Kong securities regulators are on the verge of officially licensing 11 cryptocurrency exchanges. This comes a year after the country’s Securities and Futures Commission (SFC) issued a proposed regulatory requirement. The expected licensing approval aligns with Hong Kong’s broader plan to be a global hub for digital assets. Crypto.Com and Bullish […]
TL;DR Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur. Creator royalties program and its controversies. Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted […]
In this post: Bitcoin ETFs have not gained favor among financial advisors. The excitement around their launch has fizzled out. The main issues are market timing and regulatory compliance. Clients want stability and long-term growth. Bitcoin, with its infamous volatility, apparently doesn’t fit the bill for most investors. Some broker-dealers have allowed the purchase of […]
In this post: Singapore’s largest bank, DBS, is an Ethereum (ETH) whale, with more than $650 million worth of the cryptocurrency, according to blockchain analytics firm Nansen. On-chain data suggests the bank holds 173,753 Ether. Nansen has claimed the Ethereum is held in the crypto wallet address – 0x9e927c02c9eadae63f5efb0dd818943c7262fb8e – believed to be owned by DBS. The analysts also revealed that […]
Two cryptocurrencies are having a marvelous day, while the majority of the crypto market is in a bearish 24 hours. Notcoin and Mollars Token, which is in presale, are both defying the odds by having a day so successful they’ve depegged from Bitcoin and Ethereum charts. $NOT is up nearly +40% while $MOLLARS daily […]
In this post: Beacon Chain will close in June and probably reshuffle some tokens in the Binance ecosystem. In early 2024, Binance announced the closure of Beacon Chain, but the immediate news may also attract more attention to BNB Coin (BNB). Beacon Chain was a temporary solution for orchestrating consensus. Binance directly monitored its other decentralized networks […]
TL;DR Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur. Creator royalties program and its controversies. Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted […]
Ledger, a French startup has finally commenced shipping its new-generation device, the Ledger Stax to pre-order customers, almost 18 months after the initial announcement. First pre-orders, according to the firm will be made in the coming weeks, while new orders will be available in the summer of 2024. The company indicated it has sold over […]
In this post: Kroo Bank, a London-based challenger bank has barred its customers from carrying out cryptocurrency transactions amid fraud concerns. Kroo says the decision results from the growing number of online fraud cases and cryptocurrency scams, with fraudsters taking advantage of digital assets to dupe unsuspecting individuals. The ban is with effect from May […]
