Venture funding for African crypto startups grew 11x in 2022: Report
While Africa has not yet seen a “blockchain mega-deal,” the report noted that crypto unicorns might emerge from the region in 2-3 years. Go to Source Powered by WPeMatico
Month: May 2022
Near Protocol picks up slack, onboards Tracer following Terra’s downfall
As explained by Near Foundation’s Nicky Chalabi, projects like Tracer seeks alignment with the core values of the ecosystem that can support the company’s roadmap in time to come. Go to Source Powered by WPeMatico
Layer-2 adoption could spur the next crypto turning point
A mysterious Redditor may turn out to be clairvoyant with predictions that layer-2 scaling solutions on Ethereum will take center stage in the coming months. Go to Source Powered by WPeMatico
Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced
Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can Now Connect Bank Accounts to Their Crypto Wallets The Bahrain headquartered cryptocurrency exchange, Coinmena, … Read more
Swiss Watchmaker TAG Heuer Now Accepts Cryptocurrency in US
Luxury watch manufacturer TAG Heuer announced it’s introducing online cryptocurrency payments for customers in the United States. The Swiss company provides the new payment option through a partnership with crypto payment processor Bitpay. Tag Heuer Partners With Bitpay to Offer US Clients Bitcoin Payments Designer and maker of luxury timepieces TAG Heuer is now accepting … Read more
Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account
Links posted to a fake Louis Vuitton non-fungible token (NFT) raffle were made to capitalize on a recent real collaboration between Beeple and the luxury fashion brand. Go to Source Powered by WPeMatico
Interest in Ethereum Name Service reaching ‘critical mass’
The latest metrics on new registrations and renewals of existing domains on ENS show that interest in the digital identity service has shattered previous records. Go to Source Powered by WPeMatico
Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act
Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home detention and two years of probation.” Hayes has agreed to pay a fine of $10 million. Bitmex’s Arthur Hayes Sentenced The U.S. Department of Justice … Read more
Terra Luna Price Up 59% Today, Why Is the Price Rising?
Terra LUNA’s price is up over 59% today, currently trading at $0.0001912, surpassing $1.2 billion in market capitalization. The recent price hike for LUNA is most likely due to Terra’s Founder, Do Kwon’s statements yesterday, responding to accusations and questions from the community, which put the market at ease. Let’s look at Terra LUNA and … Read more
CFTC Chairman Confirms Bitcoin, Ether Are Commodities
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer protections right now in the crypto market.” Bitcoin and Ether … Read more