Ridwan Ridwan, Author at Cryptotimes Africa

News

Legal experts state that the SEC’s Binance and Coinbase lawsuits cast doubt on the future of listed tokens.

by Ridwan Ridwan June 12, 2023

Legal experts told CoinDesk that the U.S. Security and Exchange Commission (SEC) lawsuits filed last week against the two largest cryptocurrency exchanges by market volume will probably have a chilling effect on the 19 tokens mentioned in the filings, possibly forcing them…

Industry News

The US will determine the “right outcome” for cryptocurrencies, according to the CEO of Coinbase

by Ridwan Ridwan June 11, 2023

According to Brian Armstrong, CEO of Coinbase, when the government comes up with the "right outcome" for legislation, crypto entrepreneurs will only come back to the United States. Brian Armstrong, the CEO of the digital currency exchange Coinbase, highlighted that regulating cryptocurrencies…

Coins News

SEC crackdown prompts $4 billion in deposits to leave Binance, Coinbase, and Binance.US

by Ridwan Ridwan June 10, 2023

Despite a sizable wave of customer withdrawals, the exchanges—targeted by the SEC for breaking federal securities laws—have so far been able to complete transactions in a timely manner. Legal actions brought by the U.S. Securities and Exchange Commission (SEC) against Binance.According…

News NFT

NFT Inspect Unveils New PFP Tool for Twitter

by Ridwan Ridwan June 8, 2023

There is a new tool that can assist you in determining who owns or has shared a popular non-fungible token (NFT) that you have seen on Twitter. A new Chrome browser plugin from NFT Inspect, a well-known NFT analysis and community tool,…

Coins News

Processing of Arbitrum Has Temporarily Stopped Due to a Software Bug

by Ridwan Ridwan June 8, 2023

A flaw in the sequencer caused a backlog of transactions that pressured the network, causing the Ethereum layer 2 network to go out of service for several hours. The network is now processing once more after a repair was deployed. On Wednesday,…

Coins News

Optimism completes the “Bedrock” hard fork successfully, cutting deposit delays and layer-1 fees.

by Ridwan Ridwan June 6, 2023

The upgrade is one of several changes made to the OP Stack to expand its modularity and provide developers the ability to create their own networks using the program. According to a statement from network creator OP Labs, the "Bedrock" upgrade of…

News

Genesis Bankruptcy Judge Extends Mediation Period Between Genesis and Creditors.

by Ridwan Ridwan June 5, 2023

At a bankruptcy hearing on Monday, Judge Sean Lane of the U.S. Bankruptcy Court raised concerns about the part Genesis' parent company Digital Currency Group (DCG) would play in the lender's restructuring and extended a mediation period between the lender and its…