The Nigerian Securities and Exchange Commission (SEC) has issued its first licenses to local crypto exchanges to operate within the country, despite contentious relations between the government and industry at large. Per an SEC press release, both Busha Digital Limited and Quidax Technologies Limited have been granted “approval-in-principle” to operate under its Accelerated Regulatory Incubation Program (ARIP). The agency said…
Parafi Capital, a leading digital asset management firm, has successfully raised $120 million from a diverse group of investors, including Theta Capital Management and Accolade Partners. This significant capital injection comes as the cryptocurrency market shows signs of recovery, reflecting renewed investor confidence in digital assets. As Parafi Capital continues to expand its presence in the crypto space, this latest…
GameStop shares surged on Thursday, shortly after the video game giant announced it would lean into selling retro games via new, dedicated stores. As of publication time, the Texas-based retailer’s stock price is up about 10% over the past 24 hours to a current price of $21.81. The stock surge follows GameStop’s announcement late Tuesday that it would refashion some…
The cryptocurrency market in 2024 has seen remarkable growth, drawing in new users and capital at unprecedented rates. However, this surge has also attracted the attention of malicious actors, leading to a significant increase in the use of the Inferno Drainer tool. This notorious phishing tool, designed to exploit vulnerabilities in decentralized applications, has experienced a threefold increase in usage,…
Stables Money already has a chunk of the $35 billion Philippine remittance market and will upgrade service with the new stablecoin. Source: https://cointelegraph.com/news/coinsph-stables-money-phpc-stablecoin-remittances?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Are you looking forward to the X Empire airdrop? If so, then you’d better log into the Telegram tap-to-earn game, as the creators are about to purge the coins of inactive users. The viral, Elon Musk-themed Telegram crypto game, formerly known as Musk Empire, has a token coming around the end of September or early October. In an announcement Thursday,…
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024. Iris Energy Expands Mining Capacity and AI Cloud Services Iris Energy Limited (Nasdaq: IREN) reported record financial results for […] Source: https://news.bitcoin.com/iris-energy-acquires-39000-bitmain-s21-xp-antminers-eyes-30-eh-s-in-2024/
The ongoing legal battle between the NFL Players Association and DraftKings (NASDAQ:DKNG) has brought to light significant issues surrounding the classification of non-fungible tokens as securities. This dispute, unfolding in the Southern District of New York, centers around a licensing agreement and the potential financial repercussions for both parties. As the case progresses, it underscores the complex and evolving legal…
The proposed suspension of services came amid an ongoing feud between Elon Musk and Judge Alexandre de Moraes. Source: https://cointelegraph.com/news/brazil-supreme-court-threatens-suspend-x?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The move signals the crypto betting market’s growing importance. Source: https://cointelegraph.com/news/bloomberg-adds-polymarket-election-data-terminal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
