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Paxful shutdown hits Nigeria harder than the rest of the world, here’s why

The shutdown of the peer-to-peer (P2P) cryptocurrency marketplace Paxful has left its worldwide community searching for alternatives, but it appears to have significantly affected the Nigerian crypto community. On April 4th, Paxful declared that it would halt its operations. The reason for this decision, according to the founder and CEO Ray

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Here’s why CFTC suing Binance is a bigger deal than an SEC enforcement

The United States Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance for violations of trading and derivatives laws. The lawsuit, filed on March 27, alleged that the global crypto exchange offered its derivatives trading services to U.S. customers without applying for a derivatives license.The lawsuit from the commodities watchdog

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Here’s Why Crypto Traders Should Be Attentive to ‘De-Inversion’ of Treasury Yield Curve

"Keep an eye on the yield curve ‘de-inverting’. We’re now getting close. The day that happens after an inversion, the countdown to recession starts in earnest: average of 4 months and median of 2 months," David Rosenberg, founder and president of Rosenberg Research & Associates, tweeted. Source

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CFTC’s tech committee gathered in DC to talk DeFi — Here’s what was discussed

The United States commodities regulator received a crash course on decentralized finance (DeFi) on March 22. Crypto executives briefed the regulator on key issues affecting the space, including exploits, decentralization and digital identities.As part of a scheduled first meeting of the CFTC’s Technology Advisory Committee (TAC) in Washington D.C., members

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Fed signals a sharp rate hike in March due to inflation — Here’s how Bitcoin traders can prepare

Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing the cost of capital, the Fed boosts the profitability of fixed-income instruments, but this is detrimental to

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