Recent reports reveal that Nigerian authorities are ramping up their efforts to crack down on crypto trading in the country, specifically targeting peer-to-peer (P2P) platforms such as OKX, Binance, KuCoin, and Bybit. A circulating document on social media platforms has highlighted the Central Bank of Nigeria’s (CBN) directive to financial institutions to identify individuals or
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Meme coins have been taking the cryptocurrency market by storm in recent months, with significant price increases seen across various tokens. While stalwarts like Dogecoin and Shiba Inu have shown more conservative gains, newer players like Bonk Inu and dogwifhat are making waves with impressive price spikes. As of today, meme coins like Bonk Inu,
As the crypto market remains relatively stable with major coins trading sideways, traders are turning their attention towards smaller, lesser-known altcoins that show potential for quick gains. Bitcoin, the dominant cryptocurrency, is trading within a range of $60,000 to $74,000, with limited price movement expected in the near future. With the S&P 500 rebounding on
NuggetRush is not just another game; it is an immersive experience set in a 3D mining metaverse that is filled with resource-rich lands waiting to be explored. Players can venture out on solo expeditions or collaborate with friends in team gameplay, adding a social element to the excitement of mining adventures. Strategic Gameplay with NFT
Venezuela’s state-owned oil and gas company PDVSA has been in the news for its reported plans to accelerate the use of cryptocurrency, particularly USDT, to bypass US sanctions. This strategy, which began in 2023, includes integrating USDT for oil sales and mandating new customers to have a digital wallet holding cryptocurrency. The decision to ramp
The world of blockchain gaming is seeing a significant shift with Charles Hoskinson, the founder of Cardano, making a bold move into this space. His latest venture, Voyager: Ascension, marks a new chapter for the Cardano ecosystem as it ventures into the realm of blockchain gaming. Voyager: Ascension is a fast-paced sci-fi shooter game, similar
In a groundbreaking announcement, Jack Dorsey’s fintech company Block Inc. revealed the completion of its highly anticipated advanced Bitcoin mining chip. This development marks a significant milestone for the firm’s mining project and sets the stage for the future of Bitcoin mining technology. Block’s three nanometre (3mn) Bitcoin mining chip represents a leap forward in
The current state of Cardano (ADA) in the crypto market is not looking too promising as it struggles with its price and market cap rankings. ADA has recently dropped out of the global top 10 crypto rankings, with its price hovering just above $0.50 and experiencing a 3% decline. The market cap of ADA stands
In a bold move, the Blockchain Association and the Crypto Freedom Alliance of Texas have decided to take legal action against the US Securities and Exchange Commission (SEC). Their argument revolves around the SEC sanctioning a rule that redefines the parameters for what constitutes a “dealer” of securities. According to these groups, the SEC’s actions
In a recent statement to CryptoSlate, stablecoin issuer Tether declared its commitment to freezing any addresses associated with sanctioned entities. This decision comes after reports surfaced suggesting that certain state actors were using Tether’s USDT tokens to bypass US sanctions. A spokesperson for the firm emphasized, “Tether respects the Office of Foreign Assets Control (OFAC)
