Latest Articles
Pepe Coin’s Price Plummets 20% amidst Significant Wallet Movements and Security Concerns
By Temitope Olatunji
• 3 mins read
In total, more than 16 trillion tokens were moved on Thursday, August 24, which had a noticeable impact on the market. The amount represents 3.8% of the token’s total market supply.
Bitstamp to End Ethereum Staking for United States Customers
By Temitope Olatunji
• 3 mins read
Although the application of the Howey test to staking Ethereum and many other cryptocurrencies can be complex and subject to different legal interpretations, the SEC insists that staking qualifies as an investment contract under the Howey test.
Microsoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory Challenges
By Temitope Olatunji
• 3 mins read
In response to the initial rejection, Microsoft has introduced a new proposal that both companies have mutually accepted. The terms of this agreement have been adjusted to align with the stipulations of the UK Competition and Markets Authority.
China Proposes Its Social Credit System to Regulate the Metaverse
By Temitope Olatunji
• 3 mins read
According to some experts, the idea of providing each person with a digital ID that also contains their social traits and other personal information is more akin to the Chinese social credit system.
Fireblocks Uncovers BitForge: Series of Security Vulnerabilities Affecting Crypto Wallets
By Temitope Olatunji
• 3 mins read
Coinbase, Zengo, and Binance expressed gratitude to Fireblocks for identifying and responsibly disclosing the security issues before any losses occurred.
Binance Becomes Fully Licensed Crypto Exchange in El Salvador
By Temitope Olatunji
• 3 mins read
With its services now fully authorized in El Salvador, Binance has achieved its 18th regulatory approval, solidifying its position as the exchange with the most licenses and registrations worldwide.
Singapore Grants Blockchain.com Major Payment Institution License
By Temitope Olatunji
• 3 mins read
The new MPI license makes it possible for Blockchain.com to offer regulated digital payment token services to institutions and accredited investors.
PayPal Launches Its Native Stablecoin PayPal USD (PYUSD)
By Temitope Olatunji
• 3 mins read
PayPal assures its users that PYUSD is fully backed by USD, reserve with funds supporting the stablecoin, while addressing concerns about issuing unbacked tokens.
Iraq Suspends Telegram Messaging App Due to National Security Concerns
By Temitope Olatunji
• 3 mins read
The Iraqi Ministry of Communication also emphasized its respect for its citizens’ right to freedom of expression and communication, but stated that it cannot be at the expense of national security.
HashKey Becomes First Crypto Exchange to Get Licensed for Retail Services in Hong Kong
By Temitope Olatunji
• 3 mins read
Despite China’s strict ban on cryptocurrency transactions, Hong Kong has taken a different approach, welcoming cryptocurrency firms and even encouraging banks to work with them.