Nigerian court green lights arrest for six CBEX promoters — Report

A high court in Nigeria has reportedly granted the country’s Economic and Financial Crimes Commission (EFCC) the authority to arrest six individuals who were allegedly involved in investment fraud at a cryptocurrency exchange. According to an April 24 report from Nigerian news outlet The Cable, the Federal High Court in Abuja approved the arrest and … Read more

Trade War Watch: China and the US Contradict on State of Negotiations

While there have been positive developments regarding the loosening of the U.S. tariffs on Chinese imports, the state of negotiations to finally solve this trade war is still uncertain. President Trump stated that there were meetings addressing the issue, but China has outright denied that these ever happened. China Denies Having Trade War Negotiation Meetings, … Read more

Ethical finance must guide crypto’s evolution

Opinion by: Daniel Ahmed, co-founder of Fasset and founding member of the Own Foundation Crypto was born from a vision to decentralize power, democratize finance and build systems where equity prevails over exploitation. Somewhere along the way, however, the movement lost its moral compass. As speculation surged, purpose dwindled. We must return crypto to its … Read more

What is a flash crash in Bitcoin, and why does it matter?

What is a Bitcoin flash crash? A Bitcoin flash crash is a sudden, sharp plunge in the market price of BTC that only lasts a short period of time before prices start to normalize.  The appearance of unique market conditions causes a jolt in the leading cryptocurrency’s market price. Typically, the reason behind a flash … Read more

12 Legacy Bitcoin Wallets Move 1,200 BTC After 9 Years of Silence

With bitcoin gliding above the $94,000 mark, long-slumbering hoards have begun to stir with growing regularity. On Friday, 12 distinct legacy wallets—dormant for nine years and five months—dispatched 1,200 BTC, their inaugural move since creation. 1,200 Sleeping Bitcoins From 2015 Wallets Migrated Into New Structures Bitcoin.com News chronicled the revival of inactive coins two days … Read more

Swiss National Bank chief dismisses Bitcoin reserve calls

An official of the Swiss National Bank dismissed calls for the institution to add Bitcoin to its reserves as a hedge against the ongoing macroeconomic turmoil. According to an April 25 Reuters report, Swiss National Bank Chairman Martin Schlegel said that “cryptocurrency cannot currently fulfil the requirements for our currency reserves” during a shareholder meeting … Read more

Atkins SEC era sparks massive industry optimism, crypto execs speak out

The crypto industry is bracing for a significant shift in regulatory tone following Paul Atkins’ swearing-in as chair of the US Securities and Exchange Commission on April 21. A former SEC commissioner with deep roots in deregulatory philosophy, Atkins replaces Gary Gensler, whose combative stance toward crypto defined much of the agency’s recent legacy. In … Read more