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Crypto
Are stablecoins securities? Well, its not so simple, say lawyers
Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD (BUSD) has many in the community…
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Bitcoin BTC Price Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings
“Startups were able to raise uncharacteristically sized rounds for their stage, commonly acquiring multiple years of runway pre-product, while over the course of the last six…
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Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
The price of Bitcoin (BTC) in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into digitalized cash.At the time…
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Binance Says Signature Bank Won’t Support Transactions for Crypto Exchange Customers of Less Than…
Nearly a quarter of the New York-based bank’s $103 billion in total deposits, or roughly 23.5%, came from the crypto industry as of September 2022. But given the recent “issues” in…
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Bitcoin steps out of ‘Fear’ for the first time in nine months
The highly-referenced Bitcoin Fear and Greed Index moved into neutral territory over the weekend following several months of fear.On Jan. 15, the index reached a neutral level of…
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First Mover Asia: Bitcoin Eclipses $17K, Breaking Out of Three-Week Trading Range
Since mid-December, bitcoin had failed to finish a trading day (universal coordinated time or UTC basis) over $17,000, and now analysts wonder if the largest cryptocurrency has…
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Bitcoin core developer claims to have lost 200+ BTC in hack
One of the original core developers behind Bitcoin (BTC), Luke Dashjr, claims to have lost “basically” all his BTC as a result of a hack that occurred just before the new year. In…
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Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull
In a tweet thread posted Dec. 25, the Defrost team said a first attack used a flash loan to drain funds out of its V2 product. A second larger attack used the owner key to exploit…
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Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
The Nigerian government will reportedly soon pass a law that will recognize the usage of Bitcoin (BTC) and other cryptocurrencies as a means to keep up to date with “global…
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Maple Finance’s $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project's MPL token has plunged, and…
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