ConsenSys and MoonPay have partnered to allow Nigerians to buy bitcoin (BTC) and other cryptocurrencies from MetaMask and Portfolio dapp using direct bank transfers. The Central Bank of Nigeria (CBN) is yet to lift its ban on crypto transactions. The Ethereum (ETH) software...
On March 20, 2023, the Federal Deposit Insurance Corp. announced that Signature Bank’s related deposits would be returned directly to the customers, contrary to the notion that the New York Community Bancorp would handle them. The Federal Deposit Insurance Corp. said that Signature’s...
Belgium’s fiscal watchdog has updated the country’s crypto rules which mandate that crypto advertisers warn users of the risks associated with investing in crypto. The Financial Services and Market Authority (FSMA) will require notification on all primary commercial crypto campaigns as a survey...
According to Trader Capo of Crypto, the failure of most altcoins to follow bitcoin’s recent surge past $25,000 suggests the possibility of market manipulation or overvaluation of BTC. This, coupled with the fact that most altcoins remain in their resistance zones, leads him...
While concerns over the banking crisis in the United States, following the bankruptcy of Silicon Valley Bank (SVB), have not subsided, distrust in the traditional financial system appears to support crypto assets. On Mar. 15, Galaxy Digital CEO, Mike Novogratz said with the...
Asian financial authorities have begun stepping up on regulatory efforts aimed at effectively overseeing the crypto industry in their respective jurisdictions. Notably, Hong Kong and Taiwan have championed these efforts, as they look to bring crypto under greater scrutiny. Hong Kong to regulate...
A cryptocurrency expert who accurately predicted the price bottom for bitcoin (BTC) in 2022 believes that the dominant cryptocurrency may be one resistance level away from setting a new all-time high for 2023. This comes after BTC set a new ATH at $28,000 for 2023....
Despite growing concerns in the United States banking industry, the crypto industry stands firm, raising over $4m through token sales last week. On Mar. 19, CryptoRank data revealed that despite a contraction, the amount raised had increased significantly; showcasing the resilience and adaptability...
Americans lost $10.3b to online scams in 2022, with crypto investment losses accounting for about 25%. Crypto fraud rose 183% in 2022 The FBI report showed that online scams relating to crypto investments shot up to $2.57b in 2022 from $907m in 2021, a 183%...
Ak Investment, one of Akbank’s wholly owned subsidiaries, has officially applied to partner with Stablex, a crypto exchange. Akbank’s interest in crypto Ak Investment owns 100% of the company shares. Their recent partnership with Binance cemented its exploration and interests in crypto as the duo...