Nigeria’s Binance crackdown threatens Web3 industry

According to Uwakwe, the head of Nigeria’s crypto intercommunity working group, investors worry about potential repercussions similar to Binance’s fate when investing in local Web3 companies.

Nigeria’s Binance crackdown threatens Web3 industry

Nigeria is feeling the consequences of actions against Binance executives, with investors withdrawing from deals and partnerships, particularly in the web3 sector. They mention Nigeria’s p...

4 months ago

Near Protocol ‘darkness’ and ‘sovereignty’ X posts raise hack suspicion

The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident.

Near Protocol ‘darkness’ and ‘sovereignty’ X posts raise hack suspicion

Several tweets went out from Near Protocol’s official X handle, asking its nearly two million followers to “reclaim your sovereignty,” among other unusual directives. ...

4 months ago

$20M bridged ETH returns to ZKasino multisig, raising hopes for a refund

The 6,021 wstETH recently moved back equates to around two-thirds of the amount that went missing in the exit scam.

$20M bridged ETH returns to ZKasino multisig, raising hopes for a refund

More than $20 million worth of bridged Ether ETH $2,984  has been mysteriously returned to blockchain-based gambling project ZKasino wallet — almost three weeks af...

4 months ago

SBI Holdings and Chiliz to set up joint venture in Japan for sports fan tokens

SBI Digital Asset Holdings and Chiliz plan to set up a joint venture in Japan.

SBI Holdings and Chiliz to set up joint venture in Japan for sports fan tokens

The collaboration aims to induce Japanese sports fans into the global token-based community. SBI Digital Asset Holdings, the crypto asset arm of Japanese securities and banking giant S...

4 months ago

Trump Mocks ‘Boden’ Memecoin’s $240M Market Cap, BODEN Token Surges 25%

Boden memecoin Jumps 25%

Trump Mocks ‘Boden’ Memecoin’s $240M Market Cap, BODEN Token Surges 25%

2024 US Presidential hopeful Donald Trump isn’t much interested in “Jeo Boden (BODEN)” memecoin, a joke crypto token mimicking the current President Joe Biden. Former...

4 months ago

Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong

A fraudulent crypto exchange platform used AI-generated videos of Elon Musk and misleading information to promote crypto trading services.

Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong

Hong Kong authorities closed in on an unlicensed, fraudulent cryptocurrency exchange that faked affiliation with Tesla CEO and Dogecoin proponent Elon Musk. The Hong Kong Securiti...

4 months ago

Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’

Mango DAO distributed treasury funds to token holders through a buyback program, but critics claim it was done to benefit an FTX estate buyer.

Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’

An April 7 plan to buy back tokens at a premium to market price has led to controversy within the governing body of decentralized finance protocol Mango Markets.  Some community m...

4 months ago

Tom Brady roasted on crypto in Netflix special — ‘How did you fall for that?’

Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX.

Tom Brady roasted on crypto in Netflix special — ‘How did you fall for that?’

Former pro footballer Tom Brady was grilled by comedians and former teammates during a Netflix-streamed roast, and quips about his role in promoting the bankrupt crypto exchange FTX were some of...

4 months ago

LocalMonero exchange shutters due to ‘internal and external factors’

LocalMonero, one of the largest peer-to-peer centralized platforms for trading XMR, is sunsetting its services amid the global crackdown on privacy-focused tokens.

LocalMonero exchange shutters due to ‘internal and external factors’

A centralized peer-to-peer marketplace for trading Monero (XMR), LocalMonero, is closing down its services, citing “internal and external factors” as the reason behind the ...

4 months ago

Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong

How ETF Liquidity Funds Keep Crypto Trading Smooth

Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong

Three Asian-based ventures have joined forces to launch Hong Kong’s first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published W...

4 months ago

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