The US Treasury Department has continued to issue sanctions against Russia following the invasion of Ukraine. The department has now announced that 22 individuals and two firms were added to the sanctions lists under the Office of Foreign Assets Control (OFAC). The sanctioned entities have been link...
The Thailand Securities and Exchange Commission (SEC) has barred domestic cryptocurrency companies from providing staking and lending services to clients. The ban aims to protect traders and the public from the risks related to cryptocurrency activities. Thai SEC bars local exchanges from staking...
The Ethereum Merge happened successfully on September 15. However, Bitcoin maximalists, including Jack Dorsey, believe that PoS is bad news for most of the cryptocurrency market in terms of regulations. Dorsey’s remarks did not bode well with the founder of Cardano, Charles Hoskinson. Charles H...
The Ethereum network completed the Merge on September 15. The Merge faced some opposition from a section of Ethereum miners. These miners decided to fork the Ethereum blockchain and release a new network dubbed ETHPoW. The fork is aimed at preserving the Ethereum proof-of-work version. The fork went...
Crypto exchange Binance said it identified two suspects who may be behind the hacking incidents from decentralized exchange (DEX) protocol KyberSwap earlier this week. This comes less than 48 hours after the hackers stole $265,000 worth of assets from the protocol. Chief Executive Officer of Bina...
A recent analysis of 150 exchanges by Forbes revealed that Bitcoin trading volume may not be equivalent to what the companies claim. The report noted that there was a disparity between the Bitcoin (BTC) trading data reported by crypto exchanges and the real numbers. Javier Pax of the digital asse...
The Thailand Securities and Exchange Commission (SEC) has requested cryptocurrency firms operating within the country to be clear about the risks of investing in cryptocurrency assets. Thai SEC published guidelines on crypto ads The Thai SEC has urged crypto firms operating in Thailand to have...
The world's largest exchange, Binance, has unveiled a partnership with Nigeria. The exchange will work with the country to create an Export Processing Zone Authority (NEPZA). The objective is to create a digital economic zone that will operate similarly to the one based in Dubai. Binance partners...
Binance has been performing quite well despite the ongoing crypto winter that has affected the operations of most crypto companies. The exchange announced that it was hiring for 2000 open positions at the onset of the crypto winter, as its main rival, Coinbase, announced it would be laying off staff...
Reddit is set to allow users to buy Ether on the social platform following a partnership with the FTX cryptocurrency exchange. FTX announced that Reddit users would access the firm’s payment system known as FTX Pay when managing blockchain-based community points. Reddit partners with FTX FTX...
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