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Report: Central African Banking Regulator Says Crypto Ban Still Effective

15.5.2022
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set...

Failed exit? Traders complain Crypto.com reversed profitable LUNA transactions

13.5.2022
Terra’s death spiral resulted in the mispricing of LUNA tokens on the popular cryptocurrency exchange. Traders aren't happy with the compensation

How to protect yourself from the recent spate of 'crypto muggings'

13.5.2022
Cointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the UK successfully stole thousands worth of crypto from everyday holders

Ethereum whales get busy as transactions hit highest point since January

12.5.2022
Ethereum whales have been transacting a huge volume of Ethereum, marking the highest one day whale activity since January

India Considers Imposing 28% GST on All Crypto Transactions: Report

10.5.2022
The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided by crypto exchanges. Subjecting the whole transaction to tax at a higher slab of 28% could give...

Bitcoin network transactions and fees surge amid investor de-risking

10.5.2022
Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral according to Glassnode’s latest report

Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’

9.5.2022
The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startups have dominated the continent in terms of funds raised or the number of transactions performed....

Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions

7.5.2022
Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility...

NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already

6.5.2022
Despite sporadic market conditions NFT collectors are on track to spend more on NFTs in the first half of this year than in all of 2021

Block Misses Q1 Estimates, Posts $1.73B in Bitcoin Transactions

5.5.2022
The payments firm formerly known as Square said it didn’t record any bitcoin impairment charges in the quarter

ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals

5.5.2022
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the document, the monetary authority explores different privacy options for...

Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

5.5.2022
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt...

3 key metrics signal Terra (LUNA) price is preparing for a recovery

4.5.2022
LUNA price is far from its all-time high but three key metrics signal that the altcoin could be preparing to rally

Yuga Labs Refunds Gas Fees for Failed ‘Otherdeed’ Transactions

4.5.2022
The firm behind the Bored Ape Yacht Club NFT collection is looking to make amends for its chaotic virtual land sale with refunds to all users whose transactions failed during minting

Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed

4.5.2022
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available...

Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions

4.5.2022
The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice of converting cryptocurrency into mobile money and vice versa. The central bank warned it will not hesitate to act against entities found to be in breach...