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Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
4.7.2024
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised...
Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty
4.7.2024
A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto community, impressed by the student’s honesty, began...
Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business
4.7.2024
Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market. According to local sources, the company has already tokenized almost $1 million in commercial notes using Liqi, a tokenization platform, and aims to issue over...
Bitcoin falls below $58K for the first time in 2 months
4.7.2024
The price of Bitcoin briefly dropped as low as $57,900 amid a wider sell-off in the crypto market
‘Buy the dip’ mentions on social platforms surge as Bitcoin stumbles
4.7.2024
Mentions of “buy the dip” on Reddit, X, 4chan and Bitcoin Talk doubled over the last two days as Bitcoin has fallen to lows unseen in months
Kamala Harris memecoin surges 250% amid calls for Biden to bow out
4.7.2024
A Joe Biden-themed memecoin tanked nearly 75% since his debate against Donald Trump last week, while his possible replacement’s memecoin has surged
CFTC Wins Case Against Crypto Fund Operators
4.7.2024
The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment...
When Do Secondary Token Sales Violate Howey?
4.7.2024
A federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB
Top crypto analysts bet big on ‘BlockDAG Network’ in 2024 after comparison with Kaspa future, & Uniswap (UNI) price
4.7.2024
As the crypto market continues its rollercoaster ride, discerning investors seek projects with solid foundations and exponential growth potential. Enter BlockDAG, a groundbreaking layer 1 cryptocurrency that’s rapidly capturing investor interest with its cutting-edge technology and ambitious...
DWF Labs launches $20M fund for Web3 projects in China
4.7.2024
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions
4.7.2024
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened...
EU–US Financial Forum Highlights Cooperation on Crypto Regulation
4.7.2024
The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the U.S. Department of the Treasury. During the forum...
BlockDAG gears up to lead the next crypto bull run with 1300% surge amidst Filecoin and Mantle prices climb
4.7.2024
As the market dips, Mantle (MNT) and Filecoin are outperforming trends, with positive short-term prospects. Mantle (MNT) price and Filecoin news are capturing attention amidst market stress. Meanwhile, BlockDAG, a layer-1 project, is becoming the preferred destination for investors, boasting...
From Louisiana to New Hampshire, crypto advocates are winning
4.7.2024
It might come as a surprise if you only follow Congress, but a raft of state measures have shown legislators moving in the right direction on crypto
Binance US Confident in Legal Battle Against SEC as Case Moves Forward
4.7.2024
Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s regulatory approach. “We remain confident in our position that the SEC’s case is unsupported by the facts or the law,...
Basel Committee finalizes crypto exposure rules for banks
3.7.2024
The committee is unveiling the standards later in July, culminating a yearslong process
Basel Committee finalizes crypto exposure rules for banks
3.7.2024
The committee is unveiling the standards later in July, culminating a yearslong process
South African Regulator Investigates 30 Cases of Unlicensed Crypto Operations
3.7.2024
The Enforcement Division within South Africa’s Financial Sector Conduct Authority (FSCA) has formed a team to investigate individuals or entities operating crypto financial services without proper licenses. Currently, 30 cases are under scrutiny. The FSCA aims to protect the public...
BlockDAG network crowned as great pick of 2024 with 1300% ROI; Dominates over XMR and Fantom prices
3.7.2024
BlockDAG is carving new paths with its latest Keynote 2, spotlighting breakthroughs in Directed Acyclic Graph (DAG) technology along with clever marketing moves. At the same time, Monero has made a strong recovery from its February downturn, lifted by market forces and indicators pointing to...
Authy 2FA app leaked phone numbers that may be used for text phishing
3.7.2024
Twilio, the developer of the Authy authenticator app, said user phone numbers were leaked to attackers, but accounts themselves were not compromised