Market News
Japan to Allow Foreign Stablecoins in 2022
Japanese authorities are reportedly reconsidering their regulations on the use of stablecoins like Tether (USDT) in the cryptocurrency market. According to Japanese…
Author
Karikari Daniel
Crypto News
Nigeria Proposes New Law to Encourage Cryptocurrency Adoption
Nigeria has proposed a new law that could encourage wider adoption of cryptocurrency in the country. If the Investments and Securities Act,…
Crypto News
Sam Bankman-Fried has been granted bail in the amount of $250 million
Sam Bankman-Fried, the founder of FTX, has been granted bail in the amount of $250 million, the highest pretrial bond on record,…
Crypto News
The President of Brazil signs a bill that establishes a regulatory framework for the use and trading of bitcoin in the country
The President of Brazil, Jair Bolsonaro, has signed a bill into law that establishes a regulatory framework for the use and trading…
Crypto News
FTX crypto exchange claims it has over $1B in cash
The new management team of bankrupt cryptocurrency exchange FTX has reportedly claimed it has over $1 billion in cash assets held by…
Crypto News
Israeli government to seize all funds in over 150 crypto wallets that have been blacklisted for allegedly funding terrorist groups
An Israeli court has ruled that the government can seize all funds in over 150 cryptocurrency wallets that have been blacklisted for…
Market News
Nigeria to pass a law legalizing the use of bitcoin and other cryptocurrencies
According to a local Nigerian newspaper, the chairman of the House of Representatives Committee on Capital Market and Institutions of Nigeria, Babangida…
Crypto News
The former co-CEO of FTX Digital Markets informed authorities of potential fraud at FTX days before bankruptcy
Two days before FTX was forced to close, Ryan Salame, the former co-CEO of FTX Digital Markets (FDM), informed the Securities Commission…
Crypto News
Binance crypto exchange resumes USDC stablecoin withdrawals on its platform
Binance, the world’s largest cryptocurrency exchange, has resumed USDC stablecoin withdrawals on its platform. This follows a “temporary pause” on Tuesday while…
Blockchain News
ConsenSys intends to keep MetaMask user data for no more than seven days
ConsenSys, a blockchain software company, clarified that it will only store and retain user IP addresses and wallet data for up to…
Crypto News
Bloomberg reports that Alameda invested $1.15 billion in Genesis Digital
Alameda Research, a trading firm affiliated with the troubled exchange FTX, has invested $1.15 billion in cryptocurrency miner Genesis Digital Assets. According…
Crypto News
Trader Joe decentralized exchange is deploying Avalanche DEX on Arbitrum
Trader Joe, a decentralized exchange, is going live on the Ethereum scaling network Arbitrum. Since the company’s founding in 2021, this is…