Tag Archives: Crypto

Nigeria’s central bank lifts crypto ban, introduces new regulations

Nigeria’s central bank lifts crypto ban, introduces new regulations Maxwell William / Last Updated: Dec 23, 2023   The Central Bank of Nigeria has lifted its ban on cryptocurrency transactions, acknowledging the global trend towards regulating digital assets, according to a recent Reuters report. This move marks a departure from the bank’s February 2021 decision, … Continue reading Nigeria’s central bank lifts crypto ban, introduces new regulations

Crypto drainer hidden in social media and browser ads steals $58 million

Crypto drainer hidden in social media and browser ads steals $58 million Brian-Damien Morgan / Last Updated: Dec 22, 2023   Over $ 58 million has been stolen via fraudulent Google and X ads in nine months. The wallet draining service is named ‘Ms Drainer.’ Scammers use Google Ads to present fake versions of popular … Continue reading Crypto drainer hidden in social media and browser ads steals $58 million

SEC allegations against Kraken spark controversy in crypto world

SEC allegations against Kraken spark controversy in crypto world Maxwell William / Last Updated: Nov 21, 2023   The Securities and Exchange Commission has recently filed a complaint against the cryptocurrency exchange Kraken. According to Protos, the SEC alleges that Kraken has been functioning as an unregistered national securities exchange, broker, and clearing house. Kraken’s … Continue reading SEC allegations against Kraken spark controversy in crypto world

15 Best Bitcoin Gambling Sites in 2023 – Compare Crypto Gambling Sites

15 Best Bitcoin Gambling Sites in 2023 – Compare Crypto Gambling Sites Alan Draper / Aug 31, 2023   Crypto gambling sites are becoming increasingly popular. Some of the offered perks include instant deposits and withdrawals, anonymous accounts, and huge welcome packages for new players. But sifting through the myriad of providers can be both … Continue reading 15 Best Bitcoin Gambling Sites in 2023 – Compare Crypto Gambling Sites

The SEC comes for crypto staking: Coinbase makes its case as Kraken stands down

  By Connie Lin February 10, 2023 Update Friday, 9:49 a.m. ET: On Thursday, the SEC said crypto exchange Kraken would “immediately” end its platform’s crypto staking service, and pay $30 million to settle SEC charges that it was listing unregistered securities. The news confirms rumors that the SEC would target staking as it tightens … Continue reading The SEC comes for crypto staking: Coinbase makes its case as Kraken stands down

Will the SEC come for crypto staking? Coinbase CEO weighs in as the rumor mill churns

  By Connie Lin February 10, 2023 Update Friday, 9:49 a.m. ET: On Thursday, the SEC said crypto exchange Kraken would “immediately” end its platform’s crypto staking service, and pay $30 million to settle SEC charges that it was listing unregistered securities. The news confirms rumors that the SEC would target staking as it tightens … Continue reading Will the SEC come for crypto staking? Coinbase CEO weighs in as the rumor mill churns

The fall of FTX shows just how fragile the crypto economy truly is

  By James Surowiecki November 11, 2022     When you build an empire on funny money, it’s very easy for it to vanish overnight. That’s the simplest way to understand the implosion of former cryptocurrency giant FTX, which declared bankruptcy Friday. When November began, FTX controlled one of the world’s most valuable cryptocurrency exchanges, … Continue reading The fall of FTX shows just how fragile the crypto economy truly is

Mercedes Formula One was skeptical of crypto sponsorships. Now it’s racing to drop FTX

  By Jeff Beer November 11, 2022   The Mercedes Formula One team, home to seven-time world champ Lewis Hamilton, announced it has suspended its partnership agreement with the troubled cryptocurrency exchange FTX. Earlier this year, in an interview for a story on FTX’s rise in sports sponsorship, Mercedes Formula One commercial director Richard Sanders … Continue reading Mercedes Formula One was skeptical of crypto sponsorships. Now it’s racing to drop FTX

Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid

Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid The company saw its rival’s books and decided to walk away. I. Bonifacic @igorbonifacic   Dado Ruvic / reuters FTX won’t be rescued by its biggest rival. One day after announcing a proposed deal to buy the cryptocurrency exchange, Binance said it … Continue reading Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid