As confirmed via email from a Binance spokesperson on August 15, Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, will shut down on August 16.
The same day, the decentralized BNB Chain exchange known as Biswap posted a tweet…
The U.S. Federal Reserve is expanding its oversight over digital asset activities for commercial banks as it seeks to promote innovation while protecting the sector’s integrity.
In its announcement, the Fed revealed the new program is geared toward supervising novel activities in the…
PayPal USD becomes first stablecoin by a global payments giant
Company sees a number of ways to monetize stablecoins
PayPal Holdings Inc., which became the first global payments firm to launch a stablecoin on Monday, plans to generate revenue from the product from its use…
The Security and Exchange Commission (SEC) of Nigeria has once again cautioned Nigerians against engaging in investments with the popular cryptocurrency exchange, Binance. In a recent statement released on Friday night, the SEC reiterated its earlier circular dated 9th June 2023, highlighting…
Binance Labs, the venture capital and incubation arm of Binance, has committed $15 million into Xterio, which positions itself as a leading Web3 game platform and publisher, bridging free-to-play and on-chain gaming with in-house and third-party games currently in development. The company…
Binance has taken formal action by issuing a cease and desist notice to the deceptive organization operating under the name Binance Nigeria Limited, CEO, Changpeng Zhao (CZ), has said.
Binance have issued cease & desist notice to the scammer entity "Binance Nigeria…
Two weeks into July and bitcoin has risen to a fourteen-month high, as cryptocurrency markets reacted to the Ripple Labs’ ruling. XRP was partially ruled to not be a security by U.S. judge Analisa Torres, after a lawsuit from the Security and Exchange Commission…
The younger generation in Nigeria is particularly enamored with cryptocurrency. That is old news already. There is no doubting that the emerging blockchain technology in Nigeria is viewed as a liberating tool for financial freedom.
However, it is challenging to accept some…
As a continent with 54 countries, there is natural interest to see which country will have the most cryptocurrency users per population and become the crypto King
For this discussion, a crypto King is a country which positions itself as a primary…
A 21-year-old Frenchman, Thomas Clausi, was convicted Thursday in Morocco of "fraud" and illegal use of cryptocurrency and sentenced to 18 months in prison.
He was also slapped with a fine of about 3.4 million euros.
Clausi, who has been behind bars…