The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal body and misusing his position. Iwuno denied these allegations and accused the SIBAN board of trustees of acting unlawfully. Despite the expulsion, Iwuno claimed to remain SIBAN’s president. The SIBAN board warned others to avoid dealing with […] Source: https://news.bitcoin.com/nigerian-blockchain-group-ousts-president-who-remains-defiant/
Telegram tap-to-earn game Rocky Rabbit has just over a week left before its RabBitcoin (RBTC) token launches on The Open Network, and one of the key stops on the roadmap to the airdrop was just added to the game: the Battle mode. Rocky Rabbit is a game built around imagery of beefy bunnies pumping iron and entering tournaments. But much…
2025 could bring stablecoins into the mainstream, after 2024 introduced a “turning point year in crypto,” according to Circle’s Allaire. Source: https://cointelegraph.com/news/usdc-circle-headquarters-move-new-york-ipo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
First Digital Trust, which provides crypto custody services for institutions, says that Hong Kong is not yet ready to regulate USD-backed stablecoins. Source: https://cointelegraph.com/news/hong-kong-speed-crypto-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Illustration by Mitchell Preffer for Decrypt. Is Bitcoin back? For at least a little while, it feels like it may be. This time last week, it was trading for $53,229. It’s now trading above $60,000, according to CoinGecko. That’s a 12% rise over seven days, and a threshold unseen since last month. The price rise came as traders grew more…
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting or denying violations. 5 States Reach Settlement With GSB Group Over Unregistered […] Source: https://news.bitcoin.com/5-us-states-settle-with-gsb-group-over-unregistered-crypto-sales/
Superfast founder Martin Tromp has launched a Solana validator in one of Teraco’s Johannesburg data centers. Solana is a fast, scalable blockchain platform competing with Ethereum. As a proof-of-stake system, validators like Tromp’s play a crucial role in maintaining network security and verifying transactions. Tromp initially launched the validator in Cape Town but moved to […] Source: https://news.bitcoin.com/network-latency-drives-solana-validator-to-south-africas-commercial-hub/
Ritchie Torres stated he is “more than happy” to work with the CFTC to develop a plan for regulating election betting contracts. Source: https://cointelegraph.com/news/representative-ritchie-torres-cftc-election-betting-markets-united-states?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Uniswap Labs CEO Hayden Abrams has refuted claims that the platform charges $20 million for protocol deployments, calling them “completely false.” Abrams, who said he rarely engages with individuals seeking attention, explained that protocol deployments typically follow a governance vote. He added that deployments are prioritized based on the activity and effort involved, but efforts […] Source: https://news.bitcoin.com/uniswap-labs-ceo-denies-protocol-deployment-extortion-claims/
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated in a memo sent to employees last month. […] Source: https://news.bitcoin.com/ai-powerhouse-openai-reportedly-seeking-to-raise-6-5-billion-at-a-150-billion-valuation/
