Unlock the potential of Bitcoin, Ethereum, XRP, USDC, and USDT on Blockchainafricah. Stay updated with the latest news, price movements, and future prospects of these cryptocurrencies
According to the Financial Times, the European Banking Authority (EBA), the body in charge of conducting stress tests on banks inside the European Union, would go above and beyond in attempting to forecast the effects of strains on non-bank financial institutions (NBFIs), especially those associated with cryptocurrencies, on lenders. José Manuel Campa, the chair of
As traders reportedly trickled to the network in expectation of it spearheading the next wave of increases in the cryptocurrency market, Arbitrum’s ARB token approached $2 on Wednesday to hit a new high and total value locked (TVL) surpassed $2.5 billion. Around 10% more has been added to the price in the last day, outpacing
The cryptocurrency asset manager Grayscale has submitted a revised application for a Bitcoin exchange-traded fund (ETF) but has left out the information on allowed participants.The company underlined that approved participants in its proposed ETF could only pay and receive cash for shares, according to a report by Eric Balchunas, senior ETF analyst at Bloomberg, who noticed the modified filing on X (previously Twitter). In the modified documentation that Grayscale filed with the US Securities and Exchange Commission (SEC), Balchunas further draws attention to the fact that Grayscale omitted the names of its authorized participants. “Not sure why since SEC wants to see it and they have been pretty cocksure about having one. Also, nothing on fee (that I could see). That’s big open q too.” Seven firms hoping to introduce the first Bitcoin ETF products in the United States filed their most recent Form S-1 applications on December 29, according to a story published by Cointelegraph on the same day. The approved participants of Fidelity, WisdomTree, and Invesco Galaxy were disclosed in the recent filings.While WisdomTree and Fidelity listed Jane Street Capital, Invesco Galaxy chose Virtu and JPMorgan.Financial institutions or businesses that are able to issue and redeem shares of an ETF are known as authorized participants.In June 2022, Grayscale said that it planned to list Virtu Financial and Jane Street as authorized partners in its effort to turn the Grayscale Bitcoin Trust into an exchange-traded fund (ETF). Balchunas went on to say that he didn’t know why Grayscale had purposefully left out its approved participants while other companies had provided clarification on these points. “Yes, and they even tweeted that of course they have one, but alls I know (in philly accent) it
A hacker exploiting Orbit Chain’s cross-chain bridge caused the platform, which connects and transacts with many blockchains, to lose $81 million. In a post on X, the group acknowledged the compromise, stating that before targeting Orbit Chain’s ethereum (ETH) vault, a hacker funded a wallet utilising the forbidden Tornado Cash privacy protocol. Afterwards, a number
Pre-market trading saw a rise in shares of well-known businesses that are close to the bitcoin as the largest cryptocurrency in the world began 2024 by breaking $45,000 for the first time in 21 months. With almost 7% gain in the last day, Bitcoin (BTC) is now at its highest level since early April 2022,
Tellor’s TRB token price surged over 250% in a single day on Saturday due to a particularly illiquid market and maybe overleveraged trading positions. However, on Sunday, the cryptocurrency experienced a 70% decline from its peak. Tellor is an oracle protocol that shares and retrieves data between various networks using tools based on blockchain technology.
According to VanEck advisor Gabor Gurbacs, the introduction of spot Bitcoin exchange-traded funds (ETFs) might someday generate trillions of dollars for the cryptocurrency industry but won’t likely have much of an impact on Bitcoin itself.Gurbacs stated that the “initial impact” of a Bitcoin ETF is being greatly overstated in a post on January 1 on X (previously Twitter). He projected that at launch, the fund may only experience net inflows of about $100 million from “mostly recycled” money from large institutional investors. Gurbacs, however, was significantly more optimistic about the ETFs’ long-term effects on Bitcoin, citing the rise in gold prices that followed the introduction of gold ETFs.The first gold ETF was introduced by international investment advising firm State Street on November 18, 2004.According to Gurbacs, the price of gold more than doubled from $400 to $1,800 in the eight years after the introduction.The market capitalization of gold increased from $2 trillion to $10 trillion in the same period due to this disproportionate increase.With a current market valuation of $834 billion, bitcoin is worth around 41% of what gold was worth in 2004. According to Gurbacs, Bitcoin’s price trend may resemble that of gold when a spot Bitcoin ETF is approved in the US, but it will probably happen “much faster” because of the cryptocurrency’s limited supply and events that make it more scarce, such as the halving.He went on to say that one of the most important advantages of a spot Bitcoin ETF is its capacity to normalize and decriminalize Bitcoin in the eyes of nation-states and institutional investors.Gurbacs was supported by analysts Eric Balchunas and James Seyffart of Bloomberg ETFs. Though many people are fixated on the short-term metrics, such as the ETF’s first inflows, Seyffart concurred that people aren’t really understanding the product’s long-term worth.TradingView data shows that the price of bitcoin is currently $42,525, up 1.1% over the previous day.Others contend that the anticipated approval would be a “sell the news” event, with some arguing that it would cause a large and sustained price increase right after the decision.
US people have been suffering major financial losses as a result of pig slaughtering scams, a fast expanding criminal activity including online romance, phony cryptocurrency investments, and human trafficking.The issue is getting worse, according to Erin West, a deputy district attorney in Santa Clara, California, who stated in a recent interview that she gets five to six letters a day on average from people who have been victims of pig slaughtering. “We are receiving 5-6 emails a day from people who are victims of pig butchering. The most recent victim lost $5 million dollars and that’s not even the biggest amount one victim has lost to this scam.” To make matters worse, the money that has been stolen is being transferred to international criminal groups operating in Cambodia and Myanmar, where they are utilizing enslaved people as a kind of virtual labor force to carry out false promises of pig butchering.Over 4,300 complaints about pig slaughtering have been received by the FBI’s Internet Crime Complaint Center (IC3), with a total of losses exceeding $400 million, according to TRM Labs, a recognized blockchain intelligence business.There’s no indication that the spike in pig slaughtering will stop, according to reports from FBI field offices. In spite of losing around $2 billion to bitcoin thefts, there was a minor decrease in hacking activities that targeted the cryptocurrency sector in 2023.Hackers were able to steal $2 billion in digital assets over the course of the year, according to a recent analysis from De.FI, a well-known web3 security company best known for its REKT database.Although that quantity is still concerning, there hasn’t been a crypto hacking incident since 2021.From the historic theft of the Ronin network in 2022, where hackers stole over $600 million in cryptocurrency, to the most recent attack on Mixin Network, which netted almost $200 million, the REKT database lists the most destructive cryptocurrency hacks. “This cumulative amount of stolen funds, spread across multiple incidents, highlights the ongoing vulnerabilities and
According to GPT-4, the most recent iteration of ChatGPT, an AI chatbot, artificial intelligence (AI) may come into play if Bitcoin’s price hits $100,000 in 2024. The AI chatbot was questioned by Cointelegraph on January 1st about whether Bitcoin would reach $100,000 in value this year and how AI might contribute to this outcome.It’s “theoretically possible,” per ChatGPT, for Bitcoin to hit $100,000 in 2024 should a number of favorable factors come together.It did, however, add that this “remains highly speculative.”Following this, ChatGPT also offered several broad elements—such as favorable regulatory developments, heightened acceptance among retailers and institutions, and inflation or devaluation of the currency—that might support such a scenario. Additionally, according to ChatGPT, the introduction of a spot Bitcoin exchange-traded fund (ETF) might have a favorable effect on the price because it would increase the asset’s accessibility and liquidity.Because the permission could be interpreted as a signal of governmental acceptance, it might also inspire institutional investors to join the market. Then, Cointelegraph questioned ChatGPT about how AI might help Bitcoin hit $100,000 by 2024.The chatbot clarified that artificial intelligence (AI) might be involved via influencing trading tactics, market analysis, and more general blockchain technology breakthroughs.AI systems, according to ChatGPT, can analyze vast volumes of market data and spot patterns and trends that human analysts might overlook.It was mentioned that, depending on the state of the market, AI-driven trading bots might also execute deals at the best times. It was also mentioned that, in a fast-paced market, the bots can react far faster than humans. Although utilizing AI in trading has advantages, there are also major hazards associated with it, like hacking and cyberattacks, according to ChatGPT.Through an arbitrage trading opportunity, a trading bot made $1 million in 2022. However, a hacker misled the bot into accepting a malicious transaction, which resulted in the loss of all the funds.
With well-publicized criminal cases, the Department of Justice (DOJ) became a dominant player in 2023 in establishing the parameters of the bitcoin business. The Department of Justice (DOJ) attracted notice for its prompt resolutions even while the Securities and Exchange Commission (SEC) brought civil litigation against significant participants in the industry. The former head of
Phishing sites can post sponsored ads on Google and X, according to security platform Scam Sniffer, circumventing their policies. In 2023, over 324,000 cryptocurrency users became victims of phishing schemes, and wallet drainers stole almost $295 million worth of digital assets. Blockchain security platform Scam Sniffer examined the patterns surrounding drainers used in cryptocurrency phishing
Orbit Chain disclosed that there had been an illegal entry into its ecosystem, compromising cryptocurrency worth millions of dollars and leading to an influx of fraudulent settlement offers. Chain-crossing bridge Orbit Chain has acknowledged that on December 31 at 8:52 p.m. UTC, there was an illegal breach of access to its ecosystem. Orbit Chain said
This month has seen a massive increase in the number of new coins added to the Solana blockchain network, well exceeding all prior records.Solscan data shows that a whopping 72,202 additional tokens have been created on Solana utilizing the SPL token standard in just the last two weeks alone.This figure exceeds by about 71 times the total tokens generated in a same time frame in October.Since the network’s introduction in 2020, the daily statistics for the generation of new tokens on Solana have continuously increased by four times. The Solana ecosystem has had a spectacular renaissance over the last two months, which has increased the demand for the Solana smartphone, the value of SOL, Solana NFTs, and meme currencies. However, this extraordinary resurrection cannot be entirely credited to the rapid spike in token generation.Slorg, the project lead for Sol Incinerator and a blockchain investigator, expressed worries on the exponential increase in token creation. Tracking the on-chain transactions of a fraudulent token for Sol Incinerator on Solana, Slorg made this discovery.The fraudster produced numerous SOL coins on the same day, quickly pumping and discarding each one in a matter of minutes before switching to the subsequent token, which included PUZZ, RUN, BABY DINO, and DEGEN BOT.Slorg disclosed that a significant portion of the roughly 7,000 tokens that are introduced on Solana every day are churn-style tokens, designed to draw attention and take advantage of users who keep an eye on the “recent” tab on websites like Birdeye, a well-known aggregator of cryptocurrency trading data.In less than a week, Slorg discovered wallet tracks demonstrating that a single person had independently issued 300 tokens. It is crucial to remember that not every highly anticipated Solana meme coin is a passing fad.Certain tokens, such as BONK, have acquired popularity after introducing features like the BonkBot automated trading bot and sticking to their roadmap.BONK has strong ecosystem support and was created by a group of well-known Solana builders.In a similar vein, Dogwifhat’s market capitalization has been constant since its introduction.But the popularity of a few tokens in the larger Solana revival appears to have drawn many token deployers to oversaturate the ecosystem with fake money. These people, who are driven by the possibility of making quick money, issue tokens in the hopes of generating enormous returns while ignoring any potential drawbacks. “A lot of people tell me, ‘This is the entire point of crypto,’” Slorg said. “And it’s kind of demoralizing, because I think we can be so much more.” As previously mentioned, Solana’s NFTs have seen trade volumes that are far larger than Ethereum’s.The cost of projects like Mad Lads and Tensorians has significantly increased in recent weeks, doubling multiple times over.Additionally, the total trading volume of Solana NFTs has overtaken Ethereum’s, which has historically led in trading volume and is home to the most valuable projects.
The spot Bitcoin exchange-traded fund (ETF) that Greeks.live, a website for trading cryptocurrency options, helped to approve has dashed expectations of a big price jump. Greeks.live gets its data from this platform.Greeks.Live tweeted that recent market data from their trading platform shows that there hasn’t been much volatility in significant term implied volatilities (IVs) and prices, despite rumors that the SEC will approve the Bitcoin Spot ETF application next Tuesday.The market’s anticipation of future price changes in options contracts is gauged by Term IV.The U.S. SEC may get in touch with the Bitcoin ETF applicants early next week, per a report from Reuters.With this breakthrough, investors will be able to trade Bitcoin-backed ETFs on regulated exchanges, which is expected to be critical for the cryptocurrency sector.But the tweet According to the options data, the implied volatility for Jan12 options—which are closely associated with the ETF—declined as opposed to increasing.Furthermore, these options saw very little trading activity—only 2% of the day’s total turnover—and very little volume. Greeks.live claimed, based on these observations, that the market has already given the possible approval of the spot Bitcoin ETF some thought.To put it another way, market players might have anticipated the event and adjusted their positions accordingly, meaning that the approval itself had little effect on prices or fluctuations.On December 29, the last day for the SEC to review the updated S-1 forms before January 2024, asset managers BlackRock, Valkyrie, and Van Eck submitted them to the SEC.Bitwise, Invesco Galaxy, WisdomTree, and FidelityApplications on Form S-1 will follow. Jane Street and JPMorgan Securities were listed as “authorized participants” in BlackRock’s revised application for a potential spot Bitcoin ETF.BlackRock has made clear that it will only accept cash.using October 11, it was the first user to settle a trade using JPMorgan’s Tokenized Collateral Network service.
Chimpzee ($CHMPZ), a hot new meme coin, just finished its $2.7 million presale a few weeks ago.The token is currently gearing up for its first-ever exchange listing, having completed its 30-day vesting period.January 11th is the date, according to the most recent notice.In addition to Bitmart, more platforms will follow the eagerly awaited launch on P2B centralized exchange.A further announcement from the project states that 2 billion more tokens will be burned in gratitude for the early investors’ enthusiastic engagement. Since the beginning of the $CHMPZ presale, Chimpzee has become more and more of a crypto sensation.Remarkably, within days of coming live, the initiative attracted the interest of regular investors as well as cryptocurrency whales.By the end, it was pronounced a huge success.The project took a novel approach by launching multiple burn plans throughout the presale as part of executing its deflationary tokenomics. The objective is to gradually decrease the total token supply through the token burning.The initiative will reduce the total supply to 25 billion tokens and set the initial market cap below 50 million in yet another burn plan. For the group of early investors, a smaller starting market cap means a higher possible return on investment.Investors will benefit handsomely from the project’s growth and success once the burn schedule is put into action.On the fifteenth day of the vesting period, the first 1 billion tokens will be burnt, and then another batch at the conclusion of the time.Furthermore, as $CHMPZ hits exchanges, a larger burn event is scheduled to occur.The $CHMPZ presale was well received, which is evidence of its significant market relevance and growth potential.Due to its distinctive design, the project has the potential to become as well-known as Pepe in the meme coin industry. One criticism leveled at the meme coin market is its lack of uniqueness. With good cause, too.Through a crypto-passive income concept, Chimpzee transforms the narrative and advocates for global wildlife conservation.For initial momentum, it adopts the meme coin persona; its long-term price action is based on use cases that are relevant to the market. The token will be available for low entry points before its value increases, allowing early investors to purchase it before its initial exchange listing on P2B occurs.
According to Nigerian cryptocurrency expert Rume Ophi, the recent lifting of the CBN restriction will also boost foreign investment in cryptocurrency in Nigeria and make it easier for locals to get jobs in Web3 and the cryptocurrency sector. Rume Ophi, a Nigerian cryptocurrency analyst, claims that even though the Central Bank of Nigeria (CBN) has
According to reports, US authorities don’t think Sam Bankman-Fried, the former CEO of the now-closed cryptocurrency exchange FTX, will face a second trial. Many parties involved in the trial want it to end as soon as possible, according to a Reuters story that was published on December 29.Prosecutors said, citing a court document, that the public interest “weighs particularly heavy here,” given that victims are anxious to learn how much money they will receive for their FTX accounts when the company collapsed in November 2022. The majority of the evidence had already been made public at the first trial, so there wouldn’t be any more to offer, it added.After four hours of deliberations, a jury in Bankman-criminal Fried Fried’s trial found him guilty of all seven counts of fraud on Nov. 3. Bankman-Fried was convicted on two charges of wire fraud, two counts of conspiracy to commit wire fraud, one count each of securities fraud, commodities fraud, and money laundering. The request made by Bankman-Fried to postpone his sentencing hearing for four to six weeks was denied in the interim.The schedule was not subject to modification by Judge Lewis Kaplan.The defense, he pointed out, had not objected when the sentence date was set.Furthermore mentioned was the fact that Bankman-Fried had already been granted one extension to provide her sentencing information.March 28, 2024 is Bankman-Fried’s planned sentencing date.
Following BlackRock’s announcement on December 29 that it has canceled its amended Form S-1 filing, JPMorgan CEO Jamie Dimon has come under fire from the cryptocurrency community on X, formerly Twitter. Eric Balchunas, an analyst for Bloomberg ETFs, commented on the BlackRock amendment, saying, “BlackRock just dropped its updated S-1, and it DOES name the APs: Jane Street and JPMorgan (which is kind of ironic).”An organization having the authority to issue and redeem shares of an exchange-traded fund (ETF) is known as an authorized participant.In its proposed spot Bitcoin ETF application, BlackRock designated Jane Street and JPMorgan Securities as “authorized participants” in an updated filing.Dimon hasn’t, however, backed Bitcoin publically. During a hearing held on December 6 by the US Senate Banking Committee regarding Wall Street company governance, Dimon informed multiple US politicians that if he were in charge of the government, he would attempt to shut down cryptocurrency, asserting that Bitcoin and other cryptocurrencies’ “only true use case” is to help commit crimes.The hypocrisy of JPMorgan being an approved participant in BlackRock’s spot Bitcoin ETF has been swiftly exposed by cryptocurrency pundits.Crypto phile Silver Zimmermann stated on X that “perhaps money laundering, tax evasion, criminal participation, and drug trafficking is their business as well.” “If BlackRock wants to do all that, then fine, but how can JP Morgan do all that after telling Congress and Elizabeth Warren that this is what it’s used for?” another user, Sunny Po, asked on X. Pro-XRP attorney John Deaton also questioned Senator Elizabeth Warren’s position on Bitcoin, pointing out that JPMorgan, owned by Dimon, is prepared to work with the cryptocurrency despite its “negative associations with criminals.”Deaton asked whether this was an attempt at gaslighting or to mislead the people.JPMorgan just introduced its cryptocurrency token, JPM Coin, for its institutional clientele on a private Ethereum blockchain, despite the company’s “deep opposition” to the digital asset market.BlackRock was one of the bank’s clients when it launched a tokenization platform based on blockchain technology in October.Additionally, it helped Ethereum infrastructure startup Consensys raise $65 million in funding in April 2021.
Vice president of legal, business, and product at Yellow Card and chief data protection officer Lasbery Oludimu stressed that the central bank rules might promote cooperation with conventional financial institutions to investigate prospects in the cryptocurrency market. Nigerian cryptocurrency platform With the latest recommendations from the Central Bank of Nigeria (CBN) easing the prohibition on
Around $1 million worth of electricity was purportedly stolen, and as a result, Indonesian law officials seized 1,134 Bitcoin machines, according to a local report. Ten Bitcoin mining facilities are said to have been shut down by Indonesian police, who accused the operators of stealing electricity worth close to $1 million US. An extensive Bitcoin
On the day of the deadline, seven out of the thirteen applicants for spot BTC ETFs submitted updated S-1s to the SEC. Those vying to become the first spot Bitcoin exchange-traded fund (ETF) applicants left it to the last minute to turn in their final S-1 form submissions on December 29. Over the course of
Following an official request for the same from the advocacy organization of the Indian crypto and Web3 association, the Indian government decided to block the URLs of nine offshore exchanges and send show cause notices on Thursday, as revealed in a letter seen by CoinDesk.The letter, dated December 16, was submitted to Sanjay Malhotra, the Department of Revenue Secretary in the Indian Finance Ministry by Dilip Chenoy, the Chairman of the Bharat Web3 Association (BWA). According to a source who spoke on condition of anonymity because they were not authorized to comment on the topic, the offshore exchanges have been given two weeks to answer to the show cause notice, which asks why actions against them shouldn’t be brought.However, the BWA letter requested a grace period of one month for offshore exchanges to register with the Finance Ministry of India’s Financial Intelligence Unit (FIU).The government might have taken the measure unilaterally as well, but it wasn’t immediately apparent if the BWA letter was the only factor in the decision. The Finance Ministry of India issued a mandate in March requiring cryptocurrency businesses to register with the FIU, the nation’s anti-money laundering body, and adhere to additional procedures under the Prevention of Money Laundering Act (PMLA).Since then, 31 domestic entities have created accounts with the FIU. The nine exchanges include MEXC Global, Bitfinex, Bittrex, Bitstamp, Huobi, Kraken, Gate.io, Binance, KuCoin, and Huobi. During the year-end holiday season, CoinDesk reached out to all of the entities but received no response. As long as local exchanges haven’t requested that the government take action against offshore exchanges, the action taken by local crypto-related companies against international exchanges is uncommon, if not wholly unusual.This is a reaction to crippling levies the country imposed on the cryptocurrency business, which included a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions. Since then, Indian cryptocurrency exchanges have been operating in survival mode and attempting to expand. According to a think tank, the TDS caused up to 5 million Indian cryptocurrency dealers to shift their transactions overseas and may have cost the government $420 million in income since it went into effect in July 2022.The survey also showed that following the announcement of the contentious crypto regulations, Indian traders shifted more than $3.8 billion in trading activity from domestic to foreign cryptocurrency exchanges. In addition, the BWA letter requested that the government require the offshore exchanges to create an Indian subsidiary or entity, that they deposit the applicable TDS starting on July 1, 2022, and that, in the event that they fail to comply, that access to these platforms be blocked from mobile app stores and their IP addresses be restricted.If every request from the BWA feature in the show cause notices is fulfilled, it is unclear.The letter was crucial in that it requested that before any limitations be put in place, the government give Indian shops 30 days to remove their assets. “All we are asking for is a level playing field,” said Rajagopal Menon, Vice President of prominent Indian crypto exchange WazirX which has also been embattled in a dispute with Binance over ownership. “We are focusing on the 1% TDS issue because that is what is affecting
According to statistics from CryptoQuant, after a wave of withdrawals this week, bitcoin miners’ reserves fell to the lowest level since May, indicating growing selling pressure as the biggest cryptocurrency reports a gain of more than 13% in December.The quantity of coins kept in the wallets of associated miners is measured by their miner reserves.As the coins are transferred to cryptocurrency exchanges, the quantity decreases, maybe in anticipation of a sale. In late October, miners started to balance their books, and this month has seen an acceleration of the fall in reserves.Miners currently own 1.832 million BTC in reserves, which is less than the 1.845 million peak they had in October. AliCharts noted that miners had sold 3,000 bitcoin (BTC) in the last 24 hours, which is equivalent to almost $129 million, in a post on the social media site X.The price of the cryptocurrency is at $42,891, down from its peak of $43,710 yesterday. According to data, on December 28, the net flow of bitcoin was minus 1,524 BTC, indicating that withdrawals outweighed coin issuance.April will witness a halving of Bitcoin, bringing the block rewards for miners down from 6.25 BTC to 3.125 BTC.Experts believe that the halving will result in a supply shock, with bitcoin perhaps rising to $160,000.
Privacy tokens ZCash (ZCH), Monero (XMR), and Dash (DASH) saw a 10% decline after major cryptocurrency exchange OKX announced on Friday that it would remove its trading pairs on January 5. On its website, OKX stated, “We will be delisting several trading pairs that do not fulfil our listing criteria, based on feedback from users
During the Christmas holiday, authorities in Indonesia raided ten locations that they believed were mining bitcoin using electricity that had been stolen from the national grid. Despite its rapid adoption of cryptocurrencies, Indonesia is not particularly recognised as a mining hub. But in Indonesia, stealing electricity is illegal and can result in fines of up
Recently, a federal judge in the United States declared that Terraform Labs, the company behind the unsuccessful cryptocurrency brands Terra and Luna, had broken federal securities laws when it offered its products for sale to the general public. In a summary judgement, U.S. District Court for the Southern District of New York Judge Jed Rakoff
Cryptocurrency is listed among assets a taxpayer could legalise without supplying any “additional documentation” on their origins in the Law of Bases and Starting Points for the Freedom of Argentines. Under the leadership of self-described libertarian Javier Milei, the newly established government of Argentina claims it will expedite the legalisation of cryptocurrency holdings, even if
Following an investigation, Zhao Dong, the “OTC King” and founder of RenrenBit, was given a seven-year prison sentence, according to China. Zhao Dong, the creator of the over-the-counter (OTC) cryptocurrency trading desk RenrenBit, which allowed trading in both cryptocurrencies and local currencies, was sentenced to seven years in prison. According to reports, the Supreme Procuratorate
The goal of the central bank, according to Nigerian finance expert Olumide Adesina, is to allow digital securities that have been authorised by the regional regulator to enter the nation’s financial system. The best people to lead the cryptocurrency space in the future will be those who collaborated with the Central Bank of Nigeria (CBN)
The majority of voters on PancakeSwap, a decentralised cryptocurrency exchange, embraced the company’s proposal on Thursday to cut the number of CAKE tokens in circulation by 300 million. There was a vote proposal put forth by PancakeSwap’s decentralised autonomous organisation (DAO) to lower the maximum supply of CAKE from 750 million to 450 million. Early
