Cryptocurrency Analysis and News Portal
A stakeholder in the blockchain and fintech ecosystem has called on the Federal Government of Nigeria to implement regulations that will foster the widespread integration of the approved blockchain policy in the country. The National Blockchain Policy offers economic growth, job creation, and financial inclusion potential. The President of the Stakeholders
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A popular YouTube crypto analyst who goes by CoinsKid believes there is a possibility that XRP has bottomed out after its recent sharp decline, but he is urging his followers to remain patient and wait for more confirming price action before jumping in. In his latest video update on Friday, CoinsKid
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U.S. prosecutors are trying to prevent Changpeng Zhao from returning to the United Arab Emirates before his sentencing. The Department of Justice (DOJ) has pressed a Seattle federal judge on Nov. 22 to require Binance founder Changpeng Zhao to stay in the U.S. before his sentencing, Reuters has reported, citing a
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Trader Joe has swiftly addressed a vulnerability in its analytics plugin, advising users to revoke access to a suspicious contract and restore safety. The popular decentralized exchange (DEX) Trader Joe, on Nov. 17 announced a security breach in its frontend interface. The breach, identified in a third-party analytics plugin, potentially put numerous
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As Gary Gensler reiterates the United States Securities and Exchange Commission’s (SEC) mandate through a speech, Ripple’s lawyer and various crypto community members responded, criticizing the SEC chair and arguing that the commissioner’s words contradict his actions. On Nov. 16, SEC chairperson Gary Gensler shared a video of him conducting a
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Mobile MetaMask users on the app’s v7.9.0 briefly experienced issues with transactions but the company said normalcy resumed with a recent patch shipped by developers. Following the bug fix, MetaMask advised its mobile users to update their apps to the latest version 7.10.0 as soon as possible. The problem with the
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The tax, a form of income tax known as TDS, has prompted as many as 5 million crypto traders to move their transactions offshore, and has cost the government a potential $420 million in revenue since it was introduced in July, 2022, according to the study by the Esya Centre. Source
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Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements (BIS), believes.In his opening remarks at a conference in Basel, Switzerland, on Nov. 8, Carstens called central bank digital currencies (CBDCs) the “central element” of
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On the 15th anniversary of Bitcoin white paper release, Canadian Member of Parliament (MP) Joël Lightbound took the opportunity to thank the pseudo-anonymous creator Satoshi Nakamoto on the floor of the Canadian parliament while advocating for people to study Bitcoin.During his speech on the parliament floor, Lightbound disclosed that he
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During her opening speech at the International Monetary Fund’s (IMF) seminar on financial inclusion in Marrakesh, Morocco, IMF Managing Director Kristalina Georgieva said digitalization is “the most important way” to scale up financial inclusion. “It is digital that moves help to people, investment and ability of the economy to accelerate,” Georgieva
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