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Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation
25.3.2022
On March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The announcement, posted via Honduras’ central bank official Twitter account, comes after lots...
Colombians Take Legal Action Against Binance for Blocking Their Funds
22.3.2022
An account blockade that happened more than five months ago due to money laundering issues has prompted some Colombian users of Binance to commence legal action against the exchange in the country. According to reports the funds blocked exceed $1 million, and after an investigation from the FIOD...
Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Official Gazette Decree
20.3.2022
The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national cryptocurrency. The law published mentions that the wage will be 130 VES, using the national fiat...
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
15.3.2022
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around...
Report: Africa Fintech Startups Raised $2 Billion in 2021
15.3.2022
Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021...
Wasabi Wallet to Begin Censoring Coinjoin Transactions
15.3.2022
Wasabi Wallet, a privacy-oriented bitcoin-only wallet, has announced it will start introducing censorship methods into its mixing procedures. The announcement was made on social media, where the official account of Wasabi explained that a blacklist will prevent some UTXOs (unspent transaction...
ESPN's baseball reporter's Twitter account hacked by NFT scammers
11.3.2022
The hackers hijacked the popular reporter’s account in an attempt to promote giveaways for the Skulltoons NFT project by duping users into clicking a malicious link
Confessions of a Web Developer XIX
7.3.2022
It’s been a while since I’ve gotten a few things off of my chest and since I’m always full of peeves and annoyances I thought it was time to unleash: Due to the immensely negative response to any tweet about crypto from my blog account, I created a second account just for crypto...
Adult Film Star Lana Rhoades Deletes Twitter Account After NFT Project Was Criticized
26.2.2022
Adult film star Lana Rhoades is being criticized for her non-fungible token (NFT) project called “Cryptosis,” after $1.5 million of ethereum from the mint was withdrawn from the project’s wallet. The crypto withdrawal took place after Rhoades told her fans that the NFTs would...
Canadian Police Begin Unfreezing Accounts Tied to Freedom Convoy as Trudeau Revokes Emergencies Act
24.2.2022
Canada’s prime minister, Justin Trudeau, has ended the use of the Emergencies Act invoked last week to deal with the Freedom Convoy trucker protest. The Canadian police have also instructed financial institutions to unfreeze accounts previously frozen. “The situation is no longer...
ByBit: Exciting Welcome Rewards of up to $20 BTC Await
22.2.2022
Looking to kick start a crypto journey? It’s never too late to sign up for a Bybit account to join a global community of traders. Not only does ByBit offer beginner-friendly products and services, but a person can also earn up to $20 worth of BTC when they register and complete tasks...
Can crypto be used to prove financial independence for travel visas?
21.2.2022
"There could be individual situations where a consulate might also accept other proof of assets, such as crypto-assets," said Laura Bernard of the European Commission
Coinbase partner with OneRiver to roll-out new institutional platform
11.2.2022
The separately managed account will be exclusively available for Coinbase Prime users, and specifically targets the institutional investor
Covesting Token Update: All-New COV-Denominated Accounts Now Live on PrimeXBT
8.2.2022
Utility coins are a dime a dozen, but those that actually provide a plethora of benefits for holders are ultra-rare and worth paying closer attention to. The COV token is a utility token that unlocks a variety of account-level benefits already but continues to evolve in the available ways holders...
Coachella Music and Arts Festival Partners With FTX US to Issue Solana-Based NFTs
3.2.2022
The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted on the Solana blockchain. Coachella Partners With FTX...
Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2
2.2.2022
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows...
Nigerian Users Tell Binance ‘Stop Scamming’ — Exchange Platform Rejects Accusation
29.1.2022
Some disgruntled Nigerian users of the cryptocurrency exchange Binance have launched a campaign to boycott the platform, which they accuse of freezing client accounts without valid reason. Accounts Blocked Cryptocurrency exchange platform Binance recently became the target of a boycott campaign...
Uniswap founder's bank account shut down by JP Morgan Chase, shadow-debanking allegations surface
24.1.2022
Banks do not need to provide an explanation when shut down accounts owned by clients deemed "too risky," according to former CFTC commissioner Brian Quintenz
Twitter Introduces Verified NFT Profile Pics, Sets up Foundation Account
21.1.2022
The social media giant Twitter has taken further tentative steps into the world of Ethereum (ETH) and non-fungible tokens (NFTs) – by moving to allow some users to use verified NFTs as their profile pictures. And the firm has also apparently created an account on the invite-only ethereum-based...
Report: Fintech Firms Received 62% of the $4.9 Billion Raised by African Tech Companies in 2021
11.1.2022
Fintechs account for nearly two-thirds of the $4.9 billion that was raised by African technology firms during the past year. Fintech groups also dominate in terms of funding that exceeds $50 million, with a 40% share of the total number of tech firms. The Covid-19 Factor Out of the $4.9 billion...