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Nigeria must fully regulate crypto activities if it wants to curb financial crimes associated with digital assets, a forensic expert has said. The co-founder of A&D Forensics also called on Nigeria to enact laws that would mandate banks to vet service providers before granting them account access. Curbing Crypto-Related Financial Crimes According to a blockchain … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Nayib Bukele wins the presidential elections in El Salvador, the Brazilian tax authority finds over 25,000 irregularities in crypto tax statements, and Argentine President Javier Milei warns there will be no dollarization this … Read more
Disney, one of the biggest entertainment companies, has decided to acquire a $1.5 billion stake in Epic Games, makers of the known persistent metaverse platform Fortnite. The companies will collaborate to develop a metaverse featuring Disney-owned intellectual properties (IPs) which will benefit from interaction and coexistence with Fortnite. The Disney Metaverse Is Coming Disney is … Read more
Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been removed from the network since the adoption of EIP-1559, which changed how fees are calculated. EIP-1559 Burns … Read more
Since the conclusion of the spot bitcoin exchange-traded fund (ETF) trading sessions on Feb. 9, 2024, the nine freshly launched ETFs have amassed 6,009.49 bitcoin, valued at approximately $288 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC), which evolved into a publicly-traded exchange-traded product, has sold off about 2,252.2 bitcoin, amounting to roughly $108 million. New Bitcoin … Read more
Playdapp, a Web3 gaming platform, recently confirmed that it was a victim of a hacking incident which saw criminals mint tokens worth approximately $31 million. Playdapp said it has offered to reward the hackers if they agree to return the stolen assets and contracts. Crypto Exchanges Urged to Block Compromised PLA Tokens Playdapp, a Web3 … Read more
As Toncoin (TON) faces challenges, Avalanche (AVAX) shows potential, and the market witnesses over $100 million flowing into presales, DeeStream (DST) emerges as a standout performer. While TON struggles, AVAX shines, and DeeStream (DST) promises to revolutionize online video streaming with its fresh approach and dedication to decentralization. Investors find DeeStream’s vision compelling amidst the … Read more
2024 Spring starts in March and ends in June and analysts believe that as soon as Pushd (PUSHD) launches, the token will have a 30x boost. In the fifth stage of pre-sales and trading for $0.094, Pushd (PUSHD) requires 2-minute setups for vendors to list their products and sell, auction and swap depending on what … Read more
The crypto world is maturing. The tech is moving away from innovation for its own sake into leading real-world solutions. Several tokens are now considered “utility tokens”, coins with actual use and intrinsic value. Hedera (HBAR) and Binance Coin (BNB) are two of the more exciting utility tokens, while DeeStream (DST) is bringing blockchain technology … Read more
OM – MANTRAchain, the pioneering Cosmos chain designed to adapt to global blockchain regulations, has been on a remarkable upward trajectory in recent times. Over the past 90 days, it has surged by an impressive 1,227%, followed by a 370% increase in the last 30 days and a 169% gain in the previous week. Today, … Read more