Leading crypto exchange OKX has announced the discontinuation of its services in Nigeria, citing recent regulatory changes. According to emails sent to OKX’s Nigerian users, customers have until August 30 to withdraw their assets from the exchange, as any remaining balances on the platform will become subject to restrictions afterward. OKX Ends Services in Nigeria […]
BitMEX co-founder Arthur Hayes’ crypto investment fund Maelstrom announced the launch of the Bitcoin Grant Program that aims to help with the technical development of the largest blockchain network. The focus will also be to improve its resilience, scalability, censorship resistance, and privacy characteristics. On its official website, Maelstrom said that it can support Bitcoin […]
Why are Silicon Valley venture capitalists suddenly supporting Donald Trump? Billionaire Mark Cuban – one of the politician’s staunchest critics – says “It’s a Bitcoin play.” The businessman’s analysis follows several Trump endorsements from wealthy crypto leaders who explicitly favor him because he promises to protect their industry. Silicon Valley, Trump, and Bitcoin According to […]
Australian computer scientist Craig Wright’s claims to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, could lead British prosecutors to charge him with perjury and forgery of documents. A new ruling in the Crypto Open Patent Alliance (COPA) vs. Wright case revealed that High Court Justice James Mellor has referred Wright’s misconduct to the Crown Prosecution Service […]
According to a Reuters report, three industry sources indicate that spot Ether exchange-traded funds (ETFs) are expected to begin trading on July 23. The sources also mention that the U.S. Securities and Exchange Commission (SEC) has granted preliminary approval for at least three of eight asset managers to release the spot Ether ETFs. Will Spot […]
Former President Donald Trump has announced that he has chosen crypto-friendly Sen. J.D. Vance (R-Ohio) as his vice presidential candidate. According to his latest federal financial disclosure, Vance, a venture capitalist turned politician, owns between $100,001 and $250,000 in Bitcoin. Trump and Vance’s United Front on Crypto Earlier this year, former President Trump’s stance on […]
Ripple has contributed $1 million to back XRP advocate John Deaton in his campaign against Senator Elizabeth Warren in the Massachusetts Senate race. The funds are being channeled to the Commonwealth Unity Fund, a new super PAC created by attorney James Murphy, who contributed $50,000 on April 15 to the cause. Ripple’s Support For XRP […]
Bitfinex analysts have warned crypto investors to be cautious as bitcoin’s (BTC) recovery over the weekend is not a sign that its correction is over; the asset could witness more bloodshed in the near term. In the latest Bitfinex Alpha report, experts deemed the market’s reaction this week critical, especially as supply alleviated over the […]
Scroll, a ZK rollup Layer 2 network, is up 23% over the past seven days to reach a TVL of $1.03 billion, according to L2Beat data. Meanwhile, the total value locked for all Ethereum Layer 2s is up 12.04% over the last week to reach $42.04 billion. Scroll Hits $1 Billion TVL Scroll has become […]
Just as Bitcoin reclaimed the $63,000 level at the start of this week, Whale Alert has identified the activation of a dormant address containing 1,000 BTC, worth approximately $60 million, on July 15th, after more than a decade of inactivity. This wallet initially received the stash around 11 years and 9 months ago, on September […]