Nigeria restricts fintech onboarding to stop KYC-evading crypto investors
Nigerian fintech firms OPay, Kuda Bank, Moniepoint and PalmPay were directed to pause the creation of new accounts amid an ongoing audit of their KYC processes.
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Ethereum bears have the upper hand according to derivatives data, but for how long?
Ether (ETH) price experienced an 11.9% decline from Nov. 20 to Nov. 22, bottoming at $1,074 — the lowest level seen since July. Currently, investors have reason to be concerned after crypto lending company Genesis reportedly faced difficulties raising money, triggering rumors of insolvency on Nov. 21. However, a spokesperson for Genesis told Cointelegraph that there…

Payments in a flash: Strip club in Las Vegas now accepts Lightning
Guests at the Crazy Horse 3 will soon be able to tip their favorite dancers using BTC. 300 Total views 3 Total shares The Crazy Horse 3 gentlemen's club has announced it has become the first major entertainment venue in Las Vegas to accept Bitcoin using the Lightning Network.The nightspot will implement the layer two…

Snoop Dogg and Billy Ray Cyrus to launch hit song backed by massive Animal Concerts NFT drop
Recording artists Snoop Dogg and Billy Ray Cyrus have teamed up to release a new smash single, “A Hard Working Man.” The hip hop-country mashup, produced by the legendary Avila Brothers, will debut on April 2 during Grammy weekend in Las Vegas.Cyrus’ 2019 hit remix of “Old Town Road” with rapper Lil Nas X made…

Bitcoin Price Back Above $9.5K as Fundamentals Reach Record Strength
Bitcoin (BTC) price climbed back above $9,500 on Aug. 30 as the largest cryptocurrency continued to grapple with the fallout of this week’s sudden losses.Market visualization. Source: Coin360Bitcoin traders brace for return to $8KsData from Coin360 showed BTC/USD staging a modest recovery on Friday, reaching daily highs of $9,590. Markets had slid dramatically a day previously,…

Bitcoin corrects on Fed rate hike, but bulls are prepared for Friday’s $1.2B options expiry
Bitcoin’s (BTC) 17.5% rally between March 16 and 22 surprised options traders betting on price levels below $26,000. The movement resulted from investors seeking protection against persistent inflation and the ongoing banking crisis.Bitcoin bulls have been paying close attention to the negative effects of near-zero interest rates between April 2020 and April 2022, and some…

Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX
"In the end, ultimately, I failed to deliver because of my compounding failures and will incorporate this knowledge into my next project," said Delong. 293 Total views 20 Total shares On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure.Delong unilaterally resigned…

Price analysis 6/13: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The United States equities markets extended their decline to start the week on June 13. The S&P 500 hit a new year-to-date low and dipped into bear market territory, falling more than 20% from its all-time high made on Jan. 4. The cryptocurrency markets are tracking the equities markets lower and the selling pressure further intensified…

Surprise ETH price drop below $2.5K raises questions about Ethereum fundamentals
Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.