Tag: Crypto
Nigerian Central Bank Accuses Binance of Unauthorized Transactions
The Central Bank of Nigeria (CBN) has intensified its scrutiny of cryptocurrency exchange Binance, accusing the platform of engaging in unlicensed financial ...Bitcoin Price Falls Below $54,000 as Crypto Liquidations Reach $665 Million
The cryptocurrency market experienced a significant downturn on July 5th, with Bitcoin taking the brunt of the bearish sentiment. The price of ...Venezuelans turn to Crypto as Economy Falters
Crypto Remittances Become a Lifeline for Venezuelans Amid Economic Turmoil Venezuela’s economic crisis has reached a critical juncture, forcing residents to grapple ...Major Taiwanese Telecom Company Receives Approval to Offer Virtual Asset Services
Taiwan’s telecommunications landscape is experiencing a shakeup with the news that Taiwan Mobile, the country’s second-largest provider, has been granted a virtual ...Mt. Gox Shakes Up Crypto World with Massive Bitcoin Transfer
Mt. Gox Stirs Market Jitters with Massive Bitcoin Transfer The defunct Japanese cryptocurrency exchange Mt. Gox has reignited market concerns with a ...South Korea to Introduce Crypto Transaction Monitoring System
South Korea Tightens Grip on Crypto with Real-Time Transaction Monitoring South Korea’s financial regulator, the Financial Supervisory Service (FSS), is taking a ...Viral Hamster Kombat Game Takes Over: 239M Users in 81 Days
The gaming world is witnessing a phenomenon unlike any other. Hamster Kombat, a viral clicker game accessible through the Telegram messaging app, ...Riot Platforms Achieves 50% Increase in Bitcoin Hash Rate in June
Riot Platforms Makes Significant Strides in Bitcoin Mining, Hash Rate Up 50% Bitcoin mining company Riot Platforms (RIOT) has reported a significant ...Big Tech’s Energy Consumption Outpaces Bitcoin Mining
The ever-growing realm of generative artificial intelligence (AI) and associated services is fueling concerns about the environmental impact of Big Tech. A ...Basel Committee Cracks Down: Banks Face New Crypto Rules
The recent Basel Committee meeting (July 2-3) focused on key policy decisions related to banks’ exposure to crypto assets. These decisions are ...