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The troubled Nigerian digital asset platform Crypto Bridge Exchange (CBEX) recently announced new withdrawal options in an effort to restore investor confidence. Sources revealed that the company made this announcement after facing claims of collapse. Under the new rules, investors with up to $1,000 in the platform must pay a $100 fee to withdraw 50% … Read more
Tether has announced the launch of Tether AI, a fully open-source, modular AI runtime designed to run on any device without API keys or central control. Revealed by CEO Paolo Ardoino on X, the new platform aims to power a peer-to-peer network of AI agents, with built-in support for USDT and bitcoin payments via WDK … Read more
OKX DEX restarted operations on May 5, 2025, introducing a real-time abuse detection system, as announced by OKX founder and CEO Star Xu in an X post. This restart comes following a March 17 suspension due to misuse by the North Korean Lazarus Group, which laundered $100 million in ether after a $1.4 billion Bybit … Read more
Bitcoin pioneer Charlie Shrem announced plans to relaunch a bitcoin faucet on May 4, 2025, aiming to distribute free bitcoin like the original faucet created by Gavin Andresen in 2010, which gave away five bitcoin per claim to promote adoption, according to his X post. Shrem, who served two years in prison in 2014 for … Read more
Davis Sacks, the cryptocurrency and artificial intelligence (AI) czar of the Trump administration, has predicted that AI will evolve by one million times in the next four years. He supports this forecast based on performance jumps in three areas: the models, which he sees improving by 3 to 4 times each year; chips, with performance … Read more
The Nigeria Customs Service (NCS) has successfully piloted its Electronic Currency Declaration Form (E-CDF) at Nnamdi Azikiwe International Airport in Abuja, as part of its digital transformation efforts to enhance border security and financial disclosure transparency. The pilot, which began on April 9, 2025, processed 69 transactions, with outbound declarations ($1,200,281.22) making up 51% and … Read more
Binance has signed a Memorandum of Understanding (MoU) with the National Agency for Investments under the President of Kyrgyzstan to foster collaboration in advancing the digital-asset sector in the country. The signing took place during the inaugural meeting of the Council for the Development of Digital Assets, attended by President Sadyr Japarov. The MoU aims … Read more
Deribit, the world’s largest cryptocurrency options exchange with $1.3 trillion in trades last year, is considering entering the U.S. market, encouraged by President Donald Trump’s promise to make the country the global hub for digital assets like bitcoin, the FT reported. The Dubai-based company joins firms like OKX and Nexo in targeting the US after … Read more
Ethereum co-founder Vitalik Buterin announced on May 3, 2025, a five-year plan to simplify Ethereum’s protocol, calling the Bitcoin network “beautifully simple” in his blog post “Simplifying the L1,” as he aims to make Ethereum easier to understand and more secure for users holding bitcoin and other cryptocurrencies. Buterin proposed a simpler consensus system with … Read more
Spark, a bitcoin L2 platform fully compatible with the Lightning Network, has launched on mainnet. Promoted as “the fastest, cheapest, most UX-friendly way to build financial apps and launch assets on bitcoin,” the network enables a series of use cases destined for monetary applications, such as issuing stablecoins on top of bitcoin or building hybrid … Read more