Nigeria To Recognize Bitcoin And Other Cryptos
One Nigerian news outlet quotes the country's capital market and institutions committee chairman as saying that Bitcoin and similar cryptocurrencies will soon be legalized in Nigeria.
US and Bahamas lawyers spar over FTX bankruptcy jurisdiction
Concerns have been raised that the legal disputes over control of the FTX bankruptcy may affect efforts to extradite Bankman-Fried to the United States to face fraud charges.
CoinDCX has published its complete proof of reserves
The publication of its full proof of reserves (PoR) report includes a comprehensive breakdown of the company's USDT liabilities and reserves.
An Argentina city approves the dollar-pegged stablecoin bill
The Financial Innovation for Investment and Social Economic Development Act, a new piece of legislation adopted by San Luis policymakers, will make stablecoin technology possible.
Senator Hints at U.S. Crypto Ban
The Senate Committee on Banking, Housing, and Urban Affairs chairman has not ruled out a cryptocurrency ban.
ApeCoin Staking Is Live: Here’s Everything You Need to Know
A process that has long been a facet of the crypto industry, if done right, staking has the potential to be a significant win for token holders.
US Financial Regulators Call for Cryptocurrency Spot Markets Legislation
Top US financial regulators have formed a council pleading with Congress to control cryptocurrency spot markets.
The Million Dollar Scandal: Inside the Controversial CryptoZoo Game That Fleeced Players Out of Their Savings
In 2020, Logan Paul, a popular YouTuber, and his team developed a blockchain game called CryptoZoo. Subsequently, @coffeebreak_YT investigation of Logan Paul's blockchain scam inspired this article.
17 Dec 2022
Sam Bankman-Fried Political Donations Returned by Democrats
According to The Washington Post, three Democratic political groups to which FTX founder Sam Bankman-Fried (SBF) donated will seek to return the funds.
17 Dec 2022
BIS Allows 2% Crypto Reserves for Banks
Banks can hold 2% of their reserves in cryptocurrencies thanks to a new rule from the Bank for International Settlements (BIS).
17 Dec 2022
OneCoin co-founder admits to crypto Ponzi scheme
The co-founder of OneCoin and an associate of the Cryptoqueen has pleaded guilty to operating a Ponzi scheme. Millions of people were duped into purchasing a deceptive virtual currency, resulting in billions of dollars in losses.
16 Dec 2022
Binance’s Proof-of-Reserve Report Shows Almost All Customer Funds Backed by Exchange Assets, Despite Criticism
A Proof-of-Reserve (PoR) report was recently carried out by Binance, one of the most significant cryptocurrency exchanges. The report’s purpose was to provide customers with additional transparency and reassure them that their funds were secure.
