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Nigerian Crypto Firm Executive: Central Bank Prohibition Led to Growth in Crypto Awareness
31.1.2022
The chief marketing officer (CMO) of a cryptocurrency payments solution company, Rotimi Ogunwede, has insisted that the Central Bank of Nigeria (CBN)’s decision to bar crypto entities from the banking system may be the reason why Nigerians are now more knowledgeable about cryptocurrencies....
Crypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement
31.1.2022
Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are] restricted at the request of international law enforcement.” 281 Nigerian Accounts Restricted...
Altcoin Roundup: Cross-chain bridge tokens moon as crypto shifts toward interoperability
31.1.2022
MULTI, SYN and CELR saw a substantial boost in price as the crypto ecosystem focused on integrating cross-chain interoperability as a new fundamental component in DeFi
Position Exchange: Crypto Bonds Powered by Smart Contracts
30.1.2022
PRESS RELEASE. Position Exchange is pleased to announce the release of its Bonds feature. Dive deeper into this game changing DeFi product. What is a Bond? A bond is a fixed-income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond...
Robinhood to Launch Crypto Trading Internationally — Sees ‘Immense Potential’ in Crypto Economy
30.1.2022
Robinhood has “set aggressive goals to start opening its crypto platform up to customers internationally in 2022,” the popular trading platform revealed during its Q4 earnings call. “The company believes in the immense potential of the crypto economy and sees a big opportunity...
Nigerian Users Tell Binance ‘Stop Scamming’ — Exchange Platform Rejects Accusation
29.1.2022
Some disgruntled Nigerian users of the cryptocurrency exchange Binance have launched a campaign to boycott the platform, which they accuse of freezing client accounts without valid reason. Accounts Blocked Cryptocurrency exchange platform Binance recently became the target of a boycott campaign...
Kyber Network (KNC) bucks the market-wide downtrend with a 57% gain in January
28.1.2022
KNC shook off the current downtrend by posting a 50%+ monthly gain following the launch of Kyber 3.0 and integration across many decentralized exchanges
Crypto.com Inks Multi-Year Deal With LeBron James and His Education-Focused Nonprofit
28.1.2022
On Friday, the digital currency exchange Crypto.com announced the company has inked a multi-year partnership with LeBron James and the LeBron James Family Foundation (LJFF). The crypto trading platform notes that the partnership will bolster things like “educational empowerment,”...
Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence
28.1.2022
The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, money laundering, computer fraud, tampering with records, documents, and other objects, and destruction of records in...
CoinFLEX’s New AMM+ and the Rise of Crypto Yield 2.0
28.1.2022
CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform—making the yield-earning product more accessible to everyday investors. AMM+: Leveling up the AMM model on a CeFi platform AMM+...
Binance Begins Allowing EUR Deposits and Withdrawals via SEPA Payment Network
28.1.2022
Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted. Binance Resuming SEPA Transfers in Phases Cryptocurrency...
First DEX on Internet Computer launches, others coming soon
28.1.2022
Dfinity Foundation’s Internet Computer blockchain has welcomed its first decentralized exchange named Sonic
UAE Based Money Transfer Firm Announces Partnership With Ripplenet
28.1.2022
Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders. Al Fardan’s Reasons for Joining Ripple A United Arab Emirates (UAE)-based money transfer platform, Al Fardan...
Crypto Swap Platform LetsExchange Grew 100x in Less Than a Year
28.1.2022
PRESS RELEASE. LetsExchange.io, an instant cryptocurrency exchange platform, reports the tremendous growth it has achieved since its launch in early 2021. In March 2021, the platform had 6,000 active users from 20 countries. At the time, users could swap 200 digital coins and tokens, accounting...
LBank Exchange Will List Shibnobi (SHINJA) on January 30, 2022
27.1.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 27, 2022 – LBank Exchange, a global digital asset trading platform, will list Shibnobi (SHINJA) on January 30, 2022. For all users of LBank Exchange, the SHINJA/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on January...
Romania, Latvia Mull Changes To Crypto Regulations, Taxes
27.1.2022
Romania and Latvia are among the latest European countries to launch analytical work on updating their respective regulations for the cryptoasset and blockchain industry. In Romania's case, this could potentially mean increasing national taxes on crypto-related operations and transactions....
Co-founder of defunct exchange QuadrigaCX allegedly runs Wonderland
27.1.2022
Recently surfaced allegations suggest the founder of DeFi protocol Wonderland was the co-founder of the now-defunct exchange QuadrigaCX
Bitfinex Announced Support for BitTorrent Token Redenomination and Swap
27.1.2022
BitTorrent’s token redenomination and swap caused quite a stir in the market as every DEX must make changes to support the crypto. Bitfinex recently became one of the exchanges to support the swap on 28th January. During the upgrade, Bitfinex will restrict withdrawals, deposits, and trading of...
Nigerian Lawmakers Urged to Consider Regulating Crypto Industry After Proposal to Jail Ponzi Operators
27.1.2022
The leader of the Nigerian blockchain association, Senator Ihenyen, has implored the country’s lawmakers — currently pushing for the securities law to be revamped — to consider crafting laws that regulate the crypto industry. Proposed Law Does Not Expressly Mention...
Ripple Scores $15 Billion Valuation — CEO Says Financial Position Is Strongest Ever Despite SEC Lawsuit Over XRP
27.1.2022
Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had...