Hong Kong Ceases License Applications for Cryptocurrency Exchanges
In a significant regulatory shift, as of February 29, Hong Kong has announced the cessation of accepting license applications from cryptocurrency exchanges. This development heralds a new era of compliance…
Central Bank of Nigeria Expresses Concerns Over Binance Amidst Regulatory Scrutiny
In a recent development that has caught the attention of both national and international observers, Binance, the world’s largest cryptocurrency exchange, has come under increased scrutiny from Nigerian authorities. The…
HashKey OTC Gains Preliminary License Approval from Singapore’s Monetary Authority
HashKey Technology Services, the distinguished over-the-counter (OTC) trading division of the HashKey Group, marked a significant milestone on February 28 by receiving in-principle approval from the Monetary Authority of Singapore…
Shido Token’s Value Tumbles by 94% Following Ethereum Staking Contract Breach
In a startling turn of events, the Shido blockchain, a layer-1 entity, witnessed a dramatic plunge in its token value, nosediving by up to 94% within a mere half-hour. This…
Uniswap Announces Web Wallet Extension Launch
Decentralized exchange (DEX) Uniswap is set to enhance its ecosystem with the introduction of a web wallet extension for its native wallet, according to a recent announcement on February 27.…
U.S. Miners Less Affected by Bitcoin Halving Due to Energy Efficiency
Recent investigations by Hashlabs Mining reveal that the United States hosts 40% of global Bitcoin mining activities, a significant statistic that highlights the country’s dominant position in the cryptocurrency mining…
Matrixport Signals Caution Amid Market Exuberance Following Bitcoin’s Surge Past $60K
In a recent observation, Daniel Yan, the co-founder of the Singapore-based cryptocurrency service firm Matrixport, has voiced concerns over the potential for a market correction following Bitcoin’s climb to its…
Bitcoin Surpasses $60K Mark for the First Time in Two Years
For the first time in more than two years, Bitcoin has crossed the $60,000 threshold, marking a significant milestone in its price trajectory. As of 1:00 pm UTC, the cryptocurrency…
Crypto.com Forges Alliance with Latin America’s Premier Investment Bank for Stablecoin Initiative
BTG Pactual, a leading banking institution in Latin America, has embarked on a collaborative venture with Crypto.com, aiming to propel the integration of cryptocurrency banking services within the region. This…
NFT Updates: Yuga Labs Phases Out Support for Non-Royalty Platforms, South Korea Engages in NFT Talks with Gary Gensler
Yuga Labs, the powerhouse behind renowned Nonfungible Token (NFT) collections such as the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), is making a significant pivot in…
Spanish Financial Authority Flags 18 Entities for Operating Without Licenses
Spain’s leading financial watchdog, the National Securities Market Commission (CNMV), has disclosed a list of 18 companies providing services within the country sans the requisite licensing. On February 26, the…
Vitalik Buterin Offers Open-Source Alternative to Elon Musk’s Windows OS Dilemma
Ethereum’s co-founder, Vitalik Buterin, has proposed a solution to Elon Musk’s frustrations with Microsoft Windows OS: the transition to the open-source operating system Linux. This suggestion came shortly after Musk…
Bridging the Divide Between Cryptocurrencies and Traditional Finance: A Comprehensive Exploration
The journey towards a harmonious integration of cryptocurrencies with traditional financial systems has seen its share of victories, albeit hard-earned ones. Among these milestones, the authorization of the first spot…
Initia Secures $7.5 Million in Seed Funding to Streamline Blockchain Development
In the rapidly evolving world of cryptocurrency, keeping abreast of technical advancements is a formidable challenge. Amidst this complexity, a constant remains: the daunting task of blockchain application development. The…
Ethereum’s Recent Performance Against Bitcoin: Analysis and Implications
Ethereum’s native cryptocurrency, Ether (ETH), has exhibited significant momentum against Bitcoin (BTC) in recent weeks, marking a notable gain of over 20% since Feb. 12. This surge has been largely…
Pyth Network Debuts Real-Time Market Data Services on Hedera
In a significant development for the blockchain and decentralized finance (DeFi) ecosystems, Pyth Network, renowned for providing real-time market data for blockchain applications, has announced its strategic expansion onto Hedera,…
Dechat Unwittingly Disseminates ‘Honeypot’ Scam Link in Token Launch Notification
In an unfortunate oversight, Dechat, a pioneer in Web3 communication protocols aimed at decentralizing user interactions, found itself in the midst of controversy. The protocol mistakenly shared a link to…
Is a ‘Pre-Halving Peak’ Imminent? Key Insights into Bitcoin’s Market This Week
As February draws to a close, Bitcoin‘s price action finds itself at a pivotal junction, hovering just above the $50,000 mark. Despite the cryptocurrency’s robust start to the month, its…
BitForex Crypto Exchange Suspends Withdrawals Amid User Concerns
The Hong Kong-based cryptocurrency exchange BitForex recently announced a suspension of withdrawal services for an unspecified period, leaving many in the dark regarding the sudden halt. This decision came on…
Navigating the Crypto Regulatory Landscape: Insights and Challenges in Nigeria
Nathaniel Luz, co-founder and Chief Marketing Officer of Flincap, a local crypto over-the-counter (OTC) platform, is urging the Nigerian government to address the licensing hurdles faced by local exchanges, rather…