Weekend Wrap: Bitcoiners troll German govt, CoinStats blames Lazarus and more
Bitcoiners sent crude messages to the German government as they dusted it with small donations; CoinStats says North Korea’s Lazarus Group may be behind the recent $2.2 million exploit and more.
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More harm than good? Nigerian crypto users in disbelief over CBN ban
The Central Bank of Nigeria has banned banks from servicing crypto exchanges in the country in a move that echoes actions taken by its Indian counterpart back in 2018. Reactions to the news among the political class have been divided among ethnic and geopolitical lines, with the more progressive elements calling for a nuanced approach…

Great buy? Bitcoin trades at record 59% below stock-to-flow BTC price model target
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Deribit Releases Specifics of New KYC Policy Following Move to Panama
Deribit, a crypto futures and options exchange that is moving from the Netherlands to Panama to avoid Europe’s new Anti-Money Laundering law has released its newly updated Know Your Customer (KYC) policy.In a Jan. 17 blog post, Deribit clearly said that its relocation to Panama has been mainly caused by the new Anti-Money Laundering Directive…

Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations
In the past seven days, Bitcoin (BTC) experienced a whopping 14.5% surge, hitting a 20-month high at $41,130 by Dec. 4. Traders and analysts have been abuzz with speculation, especially in the wake of the $100 million liquidation of short (bearish) Bitcoin futures within just 24 hours. However, when we dive into BTC derivatives data

Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients
Nordic private banking institution Nordea is expanding its offering of the blockchain-based trading platform we.trade to its small and middle-sized business customers (SMEs), according to a press release on May 9.The platform will purportedly help address trust deficits extant in current cross-border trades made by SMEs. Patrik Zekkar, Global Head of Trade Finance and Working…

Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena
The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9. 261 Total views 2 Total shares A United States judge has approved an order requiring Genesis Global entities to produce certain documents in accordance with a subpoena requested by Terraform

Crypto PR exec relishes 'skepticism' around crypto marketing
Serotonin CEO Amanda Cassatt pointed out that marketing is “a mechanism for perpetrating the fakery and the scams.”

BlackRock Bitcoin ETF options see ‘unheard of’ $1.9B traded on first day
Bloomberg’s senior ETF analyst Eric Balchunas said that “$1.9 billion is unheard of for day one” as the debut day for options on BlackRock’s spot Bitcoin ETF saw huge volumes.