Nigerian SEC mandates local offices for crypto firms

The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage. 1374 Total views 10 Total shares Decentralized storage protocol Filecoin (FIL) came to a standstill on Dec. 19 as a bug caused instability on the network. According to a project status report issued by the Filecoin team: “The…

The high-risk environment around the decentralized finance space and hype for one of its latest offerings, SushiSwap, raises an analogy with a Japanese delicacy called fugu, or pufferfish, which is said to be more deadly than cyanide.Highly trained chefs have been serving up fugu in Japan’s top restaurants for decades, balancing the lives of their…

In a recent interview with Cointelegraph, Binance CEO Changpeng Zhao, aka CZ, has lended his expertise on how to set up a global cryptocurrency exchange and outlined four key criteria to follow in order to ensure success.. ‘Global mindset’ is a mustCZ stressed that having a “global mindset” is a must, as cryptocurrency exchanges who claim…

Phishing scammers have been spreading fake news of a $37 million dollar Uniswap exploit using a convincing fake Blockworks website. 530 Total views 3 Total shares Phishing scammers have cloned the websites of crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan to trick unsuspecting readers into connecting their wallets to a crypto drainer.A fake

Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum. 127 Total views 2 Total shares Decentralized finance (DeFi) protocol Aave has launched its algorithmic United States-dollar pegged stablecoin GHO on the Ethereum mainnet, with $2.19 million worth of GHO minted so far.Aave announced the launch of the new stablecoin…

The metaverse space is moving rapidly in terms of hype and the volume of new projects being launched — so much so that the industry market size is projected to grow from $100.27 billion in 2022 to $1,527.55 billion by 2029. But how many of these new projects are even remotely capable of realizing the…

Miners have sold less Bitcoin (BTC) over the past seven days as the highly anticipated block reward halving approaches. This means that miners expect the price of Bitcoin to increase substantially over time after the halving occurs.The Bitcoin halving, which is set to occur on Tuesday, occurs approximately every four years. When triggered, it decreases…

The price of Bitcoin surpassed its all-time high on Christmas, reaching $24,681 on Binance. Following BTC’s strong rally, traders and analysts are exploring short-term bear and bull cases. The market sentiment around Bitcoin remains overwhelmingly positive, but there are some concerns put forth by analysts in the foreseeable future and as a result, the next move is…

501(3)(c) status boosts the project's legitimacy as well as its efficiency in using donations. 2366 Total views 11 Total shares A new non-profit aiming to fund Bitcoin development education and research has been approved for special tax status, conferring benefits on donors.Brink, which launched in the fall, has been approved as a 503(c)(3) organization according…