Chainalysis, a Web3 security firm, has recently published a report indicating that crypto-related sanctions imposed by the OFAC in 2023 surged by more than 100%. The...
Senator Cynthia Lummis, known for her support of Bitcoin, is actively working on legislation concerning stablecoins, following her prior criticisms of prominent stablecoin issuer Tether in...
BlackRock has shown interest in investing in a spot Bitcoin exchange-traded fund (ETF) as part of its global allocation fund. The BlackRock Global Allocation Fund would...
A new study by UK researchers found that metaverses could potentially become hubs for the illegal distribution of copyrighted content, including music, movies, and books. The...
Injective has officially released its inEVM Layer 2 on the mainnet, aiming for greater collaboration with Ethereum, Cosmos, and Solana. The company promotes inEVM as the...
The Central Bank of Nigeria has partnered with Gluwa, a blockchain-based credit rating platform, to develop credit profiles for its digital currency, the eNaira. While the...
Despite the ongoing threat of cryptocurrency hacking, there were some notable shifts in 2023. Chainalysis’s report revealed that while the number of hacking incidents increased from...
The Digital Currency Group (DCG) filed a motion to dismiss the $3 billion lawsuit brought by the New York Attorney General’s office, arguing that the case...
Chainalysis reported that illicit addresses facilitated the transfer of $22.2 billion in cryptocurrency in 2023, marking a notable decrease from the $31.5 billion recorded in 2022....
Binance.US stated that its company’s relationship with banks had been “radioactive,” adding that the SEC had dealt “a near-mortal blow” to the crypto industry. During a...
Cryptocurrency companies FTX and BlockFi have made a possible settlement deal worth up to $874 million according to reuters. The deal, which was turned in to...
India has stored over eight million government documents across five different blockchains. The Indian government primarily utilized Hyperledger Fabric, Hyperledger Sawtooth, and Ethereum to develop its...
The United Arab Emirates (UAE) has announced that government entities and authorities will now accept Bitcoin and other cryptocurrencies for donations during the holy month of...
Binance has received a cybersecurity professional award from the Hong Kong Police (HKPF) in acknowledgment of its commitment to cybersecurity. The award shows its dedication and...
The Lena Network’s Candy token witnessed an 87% drop in value following allegations that the team had absconded with $2.9 million from investors in a rug...
Binance, a leading cryptocurrency exchange worldwide, has announced its decision to discontinue all services involving the Nigerian Naira (NGN). This action is a response to actions...
According to Chainalysis’ 2023 cybercrime report, ransomware payments have surged beyond $1 billion, hitting a new all-time high. This number represents a resurgence in ransomware activity...
In the fast-growing crypto industry in Nigeria, the importance of responsible regulation in virtual asset trading is becoming increasingly prominent. In late February, reports emerged, revealing...
FTX Digital Markets Limited, the regulated and licensed entity for the FTX International Platform, has initiated a claim window for creditor distributions. The claim prices for...
