Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by the size of the trade imbalance between Nigeria and China Easing Pressure on the Naira According to experts on the Nigerian economy, the country’s…
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legisl… Source: https://cointelegraph.com/public/index.php/news/circle-exec-to-join-us-congressional-committee-hearing-on-stablecoin-payments-legislation
The Moskowitz law firm has been standing outside NBA superstar Shaquille O’Neal’s studio all week to “hand deliver” their legal complaint with no success, accor… Source: https://cointelegraph.com/public/index.php/news/ftx-victims-lawyers-struggle-to-serve-shaq
On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ attorney Damian Williams stated that…
The United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a hearing on April 19 to discuss stablecoins’ position as a means of payment and whether or not the ecosystem needs supporting legislation. The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for…
Digital art auction house Sotheby’s has altered its latest art sale significantly after receiving community feedback regarding a lack of diversity, meanwhile a novice player in Illivium: Beyond has made a staggering profit of 140,525% by finding the most elusive character in the game yet. Sotheby’s reboot Glitch Digital Art Sale after addressing diversity concerns Digital art house Sotheby’s have…
The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the G20 finance chiefs’ discussion on crypto was “very substantive.” G20 Finance Chiefs on Crypto Regulation Indian Finance Minister Nirmala…
While tech giants across the world work on materializing the idea of having a generative artificial intelligence (AI) to aid humans in their daily lives, the risk of the nascent technology going rogue remains imminent. Considering this possibility, Tesla and Twitter chief Elon Musk reminded the people of AI’s potential to destroy civilization. On March 15, Musk’s plan of creating…
Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing that “this trend is irreversible.” The official added: “The path of sanctions is the path to nowhere. Serious countries and sober-minded politicians are drawing relevant conclusions and these conclusions are definitely in favor of terminating dependence on the West.” Russian Official on De-Dollarization Trend Accelerating…
Russian cybersecurity and anti-virus provider Kaspersky detected over 5 million crypto phishing attacks in the year, compared with just over 3.5 million in 2021… Source: https://cointelegraph.com/public/index.php/news/crypto-phishing-attacks-up-by-40-in-one-year-kaspersky
