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Forex Strapped Nigeria Designates Crypto Assets as Securities


The Securities and Exchange Commission (SEC) of Nigeria has designated crypto assets as securities as the authorities step up efforts to regulate Africa’s largest cryptocurrency market. The SEC says the classification of crypto assets for regulation is consistent with the country’s...

Investors Make ‘Dutch Auction’ Complaint against Crypto Exchange Upbit


Investors have made an official complaint to a South Korean financial regulator about crypto exchange Upbit’s so-called “Dutch auction” listing strategy, claiming that recent listings amount to “back-door” initial coin offerings (ICOs). Per media outlet Paxnet, a group of crypto investors...

Rapper TI Cryptocurrency Fraud: Charged and Fined $75,000 by SEC


Rapper TI and four other people, including film producer Ryan Felton, have been charged by the U.S. Securities and Exchange Commission (SEC) over fraudulent token sales. TI, or Tip as the rapper is also known, is also fined $75,000 by the securities regulator. Rapper TI and Film Producer Charged...

Apple Censors Some Cryptocurrency and Defi Features of Coinbase App


Apple Inc. has censored some cryptocurrency features of the Coinbase app. Specifically, Apple has blocked Coinbase from adding to its iOS app the ability to earn money using cryptocurrency and access to decentralized finance (Defi) apps. Apple vs. Coinbase Cryptocurrency exchange Coinbase has been...

European Crypto Exchange Hacked for $5.4 Million in Bitcoin


Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected...

Crypto Exchange Coincheck Speaks About NFT Marketplace and IEO Plans


Japanese crypto exchange Coincheck has reaffirmed its initial exchange offering (IEO) and non-fungible token (NFT) marketplace plans and unveiled its first commercial blockchain-powered online shareholders’ meeting offering. The firm also announced that it would start working with Singapore’s Enjin...

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