Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use
The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances inflows as recipients opt for non-traditional corridors such as cryptocurrencies. Declining Remittances … Read more
Bitcoin whales ‘bought the dip’ as orders for $100K or more hit all-time highs
There’s no shortage of demand for Bitcoin, even at $50,000, as big buyers dwarf smallholders in the latest stage of the bull run. Go to Source Powered by WPeMatico
Major Swiss retailers set to debut Bitcoin gift cards
Manor and Valora are leveraging the current crypto hype to sell Bitcoin gift cards in their stores across Switzerland. Go to Source Powered by WPeMatico
Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures
The operator of South Korean cryptocurrency exchange Bithumb has placed restrictions on trading accounts registered in jurisdictions that are deemed to be too lax in curbing money laundering. Go to Source Powered by WPeMatico
Coinbase reportedly hits pre-IPO valuation of $100 billion in private auction
The major exchange is inching closer to a public offering. Go to Source Powered by WPeMatico
Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit
Hacked DeFi service Furucombo will issue “iou” tokens as part of its compensation plan to repay 22 affected users. Go to Source Powered by WPeMatico
Bitcoin price cracks major resistance as analyst eyes $70K ‘destiny’
An overnight move higher sees local highs of $54,500 and fresh hope that support levels will now focus on $50,000. Go to Source Powered by WPeMatico
South African crypto firms warn opaque regulations are harming the industry
South African crypto firms are threatening to move operations abroad if lawmakers don’t provide clear regulatory guidelines. Go to Source Powered by WPeMatico
NuCypher and Keep Network propose ‘world’s first decentralized protocol merger’
Data encryption and protection protocols Keep Network and NuCyper have announced plans to integrate around a new network dubbed “Keanu.” Go to Source Powered by WPeMatico
