Nigeria requests user data from Binance concerning its top 100 local users
In a significant move that underscores the growing scrutiny of cryptocurrency exchanges worldwide, the Nigerian government is reportedly tightening its oversight on Binance, one of the globe’s leading crypto exchanges.…
Binance Announces Delisting of Multiple TrueUSD Trading Pairs
In a strategic move aimed at streamlining its trading offerings and safeguarding its user base, Binance, a leading cryptocurrency exchange, has declared its intention to remove a selection of trading…
Binance Executives Remain Detained in Abuja Despite Firm’s Withdrawal from Nigeria
Following Binance‘s recent announcement to cease operations in Nigeria, reports have emerged of two senior executives from the cryptocurrency exchange still being detained in Abuja, Nigeria’s capital. Tigran Gambaryan, the…
Ethereum’s Dencun Upgrade: A Pivotal Moment Imminent in 48 Hours
The Ethereum network is on the brink of its Dencun upgrade, scheduled for March 13, marking one of the most eagerly awaited hard forks since the landmark Merge event. The…
The Upcoming Bitcoin Halving: A New Chapter Unfolds
The Bitcoin ecosystem is on the cusp of a pivotal moment, with the forthcoming halving event poised to redefine the supply and demand dynamics more favorably than its predecessors in…
Major Entities Set to Amplify Bitcoin Investments: Insights from Bitwise
Bitwise, a leading crypto-native asset management firm, anticipates a significant surge in Bitcoin investments by entities controlling trillions of dollars in assets. According to a recent investment memo from Matt…
Bitcoin Surpasses $71K, Setting a New Record High
Bitcoin marked a significant milestone on March 11 by reaching a new all-time high of $71,415, following a 2.62% increase in the preceding 24 hours, as reported at 08:05 am…
The Ripple Effects of Binance’s Withdrawal on Nigeria’s Cryptocurrency Landscape
The recent cessation of Binance’s operations related to the Nigerian Naira has stirred concerns and speculations within the Nigerian cryptocurrency community. Stakeholders are voicing apprehensions over potential impacts on livelihoods…
UAE’s RAK DAO Collaborates with Tencent Cloud to Propel Crypto Startup Development
In a strategic move to bolster the growth of crypto startups, Tencent Cloud, the cloud computing subsidiary of the Chinese tech giant Tencent, has entered into a Memorandum of Understanding…
Lava Debuts as a Decentralized Lending Market Platform Enhancing Liquidity Across Blockchains
On March 7, Lava, a pioneering decentralized lending market platform, unveiled its operations, setting a new benchmark in the decentralized finance (DeFi) landscape. This innovative platform is designed to revolutionize…
Nigerian Central Bank Partners with Gluwa to Enhance eNaira Adoption via Credit Profiling
The Central Bank of Nigeria (CBN) has embarked on a strategic partnership with Gluwa Nigeria, marking a significant step towards the broad adoption of the eNaira central bank digital currency…
Hut 8 Shuts Down Bitcoin Mining Operation Due to Rising Energy Expenses
Hut 8, a prominent Bitcoin mining entity, has announced the closure of its mining facility in Drumheller, Alberta, Canada. The decision, driven by escalating energy costs and consistent power disruptions,…
Binance Temporarily Halts Withdrawals on Solana Network Due to High Transaction Volume
Binance, the globe’s leading cryptocurrency trading platform, recently announced a temporary halt on withdrawals linked to the Solana network. This decision was influenced by an unprecedented surge in transaction volume.…
Bitcoin’s Ascent May Encounter Headwinds as Order Book Discrepancy Suggests Increased Selling
As Bitcoin (BTC) ascends toward unprecedented heights, a potential roadblock emerges, hinting at a pause driven by profit-taking actions from investors of the preeminent cryptocurrency by market capitalization. Analyzing the…
Bitcoin and Gold Set New Price Milestones Concurrently
On March 5th, Bitcoin (BTC), the preeminent digital currency, soared past expectations, setting a new price record by breaking the $69,200 barrier for the first time in its history. This…
Algorithmic Trading Firms Trigger Binance and Coinbase Outages, Says dYdX Executive
In an enlightening conversation with Cointelegraph, Ivo Crnkovic-Rubsamen, who holds the dual role of Chief Strategy Officer and Technical Lead for Trading at dYdX exchange, sheds light on the recent…
Binance Announces Termination of Nigerian Naira Operations by March 8
Binance, a leading figure in the global cryptocurrency exchange arena, has declared its imminent departure from the Nigerian market. This move involves a complete halt of services related to the…
Unbounded Sentiment: Tether Co-founder Predicts Bitcoin Could Soar to $300,000 in Next Bull Market
Bitcoin‘s current rally could be the most significant we’ve witnessed, with predictions suggesting the possibility of an even higher surge, as highlighted by Tether’s co-founder. Currently, Bitcoin trades around $66,522,…
Pepe, Floki, Bonk, and Additional Memecoins Experience a 3,000% Weekly Volume Increase
The digital currency landscape has once again been captivated by the memecoin phenomenon, witnessing unprecedented rallies among trending tokens such as Pepe, Floki, Bonk, and others. This surge has not…
Bitcoin NFTs Overtake Ethereum in Weekly Sales, Marking a Notable Shift
In a surprising turn of events, sales of Bitcoin non-fungible tokens (NFTs) have outpaced those on Ethereum in the last week. This shift is attributed to a significant increase in…