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This comes after the Nigerian Securities and Exchange Commission released a circular stating the illegality of Binance Nigeria Limited in the country.
On Sunday, June 18, Zhao took to Twitter to make the announcement. On June 9, the Nigerian Securities and Exchange Commission (SEC) released a circular stating the illegality of B...
1 year ago
“Explain This Bob,“ the popular AI-powered Twitter account also linked to a memecoin, was suspended shortly after Elon Musk called it a “scam.”
The Explain This Bob account reportedly amassed over 400,000 followers before its suspension. The bot was created by Prabhu Biswal from India and used OpenAI’s GPT-4 model to com...
1 year ago
The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase's rulemaking petition.
Coinbase has slammed the United States securities regulator for failing to answer questions asked in the U.S. Court of Appeals as part of its ongoing legal battle with the regulator. I...
1 year ago
Recently, the G7 finance ministers release a joint statement emphasizing the importance of regulation of crypto assets.
The American businessman and investor emphasize how digital giants may assist the government in scanning devices to find and turn over private keys to law enforcement. According to Srinivasan, t...
1 year ago
Trezor doesn’t plan to introduce any private key recovery tools, as it has provided all possible means to help users secure the seed phrase, CEO Matej Zak said.
Amid the expanding trend toward self-custody, the CEO of hardware wallet manufacturer Trezor, Matej Zak, has highlighted the most relevant development vector for the company so fa...
1 year ago
This week, most cryptocurrencies suffered significant price losses. We look at the biggest losers in the crypto market this week.
FLOW (FLOW) The price of FLOW experienced a significant decline of approximately 45% last week, placing it at the top of our list of biggest price losers. FLOW has been in ...
1 year ago
BitMEX co-founder pointed out the irrelevancy of US crypto traders and why the bull market baton will shift from the US to China.
In a recent blog post, the former BitMEX CEO Arthur Hayes said retail investors selling crypto alongside US-domiciled institutions is not wise. He explained that it is completely irrel...
1 year ago
The move-to-earn platform had 2 billion SWEAT tokens locked up in inactive user accounts that the community has voted to return to a governance contract.
Move-to-earn platform Sweat Economy is set to repurpose over 2 billion native Sweatcoin tokens that were locked up in inactive user wallets. The tokens, valued at around $10 million, w...
1 year ago
Abra and its CEO William Barhydt have been issued with an emergency cease and desist order.
Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators. ...
1 year ago
A District Judge ordered a separate trial for the Department of Justice’s charges against Sam Bankman-Fried, which were added following his extradition to the U.S.
The charge split comes as DOJ prosecutors requested a waiver from Bahamian authorities to try Bankman-Fried on the five additional charges they imposed after his extradition from the country.
1 year ago
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