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Tag: crypto
Understanding Blockchain Beyond Cryptocurrencies
In recent years, blockchain technology has become synonymous with cryptocurrencies such as Bitcoin and Ethereum. However, blockchain's potential extends far beyond digital currencies. Indeed, it offers a decentralized, secure, and…
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A detained Binance employee in Nigeria is requesting bail due to health concerns
Binance executive Tigran Gambaryan, who has been detained in Nigeria since February, submitted a new bail request on Monday citing medical reasons, though the country's economic crimes agency opposed the…
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US cryptocurrency leaders to host a fundraising event in Washington for Harris
Cryptocurrency investors and industry leaders, urging Vice President Kamala Harris to adopt a more lenient regulatory approach to the sector, are planning to raise at least $100,000 for her at…
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Bitcoin has increased by 5.17%, reaching a value of $59,609
Bitcoin, the world's largest and most widely recognized cryptocurrency, experienced a notable surge, rising by 5.17% to reach $59,609 as of 20:13 GMT on Friday. This increase underscores the ongoing…
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US regulator take legal action against top crypto exchange Binance, CEO for ‘willful evasion’
The world's biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission (CFTC) on Monday for operating what the regulator…
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U.S. regulators issued a fresh warning to banks to be on guard for crypto-related liquidity risks
Top U.S. banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related clients, cautioning some of their deposits could prove volatile. In…
Read MoreIMF laid out a nine-point crypto action plan, recommends against legal tender status
The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as…
Read MoreGenesis Crypto Lender Optimistic it Can Resolve Creditor Disputes After Bankrupt
A lawyer for the bankrupt Genesis Global Capital said on Monday that the cryptocurrency lender had some confidence it could resolve its disputes with creditors this week, with a goal…
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G20 Disclosed Plans to Build Policy Consensus on Crypto Assets
The Group of 20 (G20) countries are striving to build a policy consensus on crypto assets to inform better global regulation, India's federal economic affairs secretary Ajay Seth said on…
Read MoreInvestigators in the Bahamas are Looking at Whether any “Criminal Misconduct Occurred” as the Collapse of FTX is the Subject to Scrutiny
Investigators in the Bahamas, who are looking at whether any “criminal misconduct occurred” as the collapse of FTX is the subject to scrutiny. Said on Saturday by the Royal Bahamas…
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