The Nigerian government has raised concerns about the operations of Binance in the country, accusing the exchange of profiting from illegal transactions and causing significant financial losses to the nation. Special adviser to the Nigerian president, Bayo Onanuga, has hinted at imposing fines of up to $10 billion on Binance as a form of retribution
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The year 2024 has been quite promising for AI-related coins, with a combined return of 76% since the beginning of the year. The Artificial Intelligence (AI) coins market has witnessed a significant increase of 7% in just a day, pushing the market cap to a staggering $19.8 billion within the last 24 hours. Renowned entrepreneur
The recent reports of a sharp decrease in the availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks have significant implications for the market dynamics. According to Caitlin Long, the CEO and founder of Custodia Bank, there was a noticeable scarcity of BTC available for sale on the big OTC desks. This scarcity points towards a
MixMob, a groundbreaking gaming platform built on the Solana blockchain, has recently made waves in the industry with its innovative approach to integrating elements of “remix culture” into gaming. One of the most notable partnerships announced by MixMob is with Shepperton Design Studios and Andrew Ainsworth, the original prop maker for “Star Wars.” This collaboration
In a recent development, cryptocurrency exchange Gemini has reached a settlement with New York regulators to return a minimum of $1.1 billion to customers who were affected by the collapse of its Gemini Earn Program. The settlement agreement also includes a $40 million contribution to help cover Genesis Global Capital’s bankruptcy proceedings and a $37
Justin Sun, known as the co-founder of Tron, a smart contracting platform for decentralized applications (dapps), has been making headlines once again for moving and shuffling millions of dollars in the cryptocurrency market. According to Lookonchain data, on February 29, Sun transferred a whopping 100 million USDT to Binance, following several other significant transactions earlier
Hunter Horsley, the Chief Executive Officer (CEO) of Bitwise, a crypto index fund manager, has recently made bold predictions about the future of Bitcoin. In a Twitter post, he confidently forecasted that Bitcoin’s price could surge to $250,000, surpassing its current value of $62,000. Horsley also suggested that Bitcoin could potentially surpass gold as a
The gaming industry has long been dominated by popular trading card games like Hearthstone and Magic: The Gathering. However, Parallel, an NFT trading card game, is stepping into the spotlight with its unique gameplay elements and captivating space opera setting. After a successful closed beta phase, the game is now gearing up for its highly
The partnership between Ripple and the Axelar Foundation signifies a significant step towards enhancing interoperability within the XRP Ledger (XRPL) ecosystem. This collaboration aims to propel the tokenization of real-world assets (RWAs) and strengthen the DeFi landscape by providing liquidity for stablecoins and high-value assets. By integrating the Axelar network with the XRPL, developers will
As Bitcoin’s price continues to surge, reaching over $61,000 for the first time since November 2021, altcoin markets are also experiencing significant growth. With Bitcoin rising by an impressive 18% in just one week, the demand for spot Bitcoin ETFs among US investors is one of the key drivers of this rally. Additionally, the anticipation
