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Nigerian Agency Gets Nod to Freeze $330,000 in Crypto Users’ Bank Accounts


A Nigerian anti-corruption agency froze bank accounts (over $330,000) belonging to suspected cryptocurrency users on global platforms like Kucoin and Bybit. The agency believes these users manipulated the Nigerian currency (naira) through their trading activity. The exchanges are also accused...

Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks


Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although Worldcoin does not perform a payment service under...

Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account


Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported our banking license into the UK. This means we are allowed to offer our banking services...

Bungie Devs React To More Mass Layoffs: ‘My Whole Team Is Gone'


Today, Bungie announced that it was laying off 220 employees, or approximately 17 percent of its workforce. The news, which comes on the heels of a successful expansion launch with Destiny 2: The Final Shape in June and another round of layoffs late last year, has prompted former employees...

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