Solana has impacted Africa’s crypto market maturity — Exchange exec
Adopting any technology is based on the strength of its community, and Solana has proven that with its African community.
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BTC price frustration may find some relief as Bitcoin traders’ hopes increase of the Fed cementing interest rate cuts at the Jackson Hole summit.

Ex-Mt. Gox CEO Karpeles Denies Embezzlement as Prosecutors Call for Ten Year Jail Term
The former CEO of defunct Japanese Bitcoin exchange Mt. Gox, Mark Karpeles, could spend ten years in jail over alleged embezzlement, Japanese daily news outlet Nikkei reported Dec. 12.Karpeles, who presided over the major hack of Mt. Gox in 2014 that resulted in the loss of 850,000 BTC ($2.87 billion), has repeatedly denied any wrongdoing.In…

Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners
Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024. 253 Total views 1 Total shares Blockchain technology firm Blockstream is looking to raise up to $50 million to purchase and store mining equipment that it perceives to be undervalued on secondary markets.Speaking exclusively to Cointelegraph, Blockstream mining sales head…

Signum Digital scores approval to offer security tokens in Hong Kong
Hong Kong’s Security and Futures Commission greenlights Signum Digital to offer security tokens in the city after inviting applications for virtual asset trading licenses. 155 Total views 2 Total shares Own this piece of history Collect this article as an NFTSignum Digital, a joint venture of Coinstreet and Somerley, has announced that it has received…

Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack
CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit. Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3…

TeraBlock exchange raises $2.4M to develop crypto newbie-friendly interface
The platform can reportedly execute trades automatically based on up to four risk-reward profiles that crypto users choose themselves. 1317 Total views 11 Total shares U.K.-based crypto exchange TeraBlock announced the completion of a funding round which would reportedly provide an on-ramp for new crypto users.In an announcement today, TeraBlock said it had secured $2.4…

Kazakhstan Won’t Tax Cryptocurrency Mining: Report
Kazakhstan’s lawmakers won’t be taxing cryptocurrency mining until the mined crypto is exchanged for fiat money. According to a legislative analyst at a local blockchain association, cryptocurrency mining will not be treated as entrepreneurial activity but rather a “purely technological progress,” local business publication Kursiv reports Dec. 4.Madi Saken, legislative analyst at the National Association…

Bitcoin no longer asset of choice for criminals – former Elliptic crypto advisor
Criminals have moved away from using Bitcoin for money laundering, with stablecoins emerging as an alternative due to accessibility. 340 Total views 2 Total shares Crime in Web3 is shifting away from Bitcoin (BTC) to stablecoins while ponzi schemes remain prevalent, according to Elliptic’s former head of technical crypto advisory.Tara Annison shared the latest insights from…