Nigeria Leads Africa in Regulating Digital Asset Space — Securities Regulator

Nigeria Leads Africa in Regulating Digital Asset Space — Securities Regulator

Post Views: 288 Nigeria has taken the lead in regulating digital assets in Africa, and is one of the countries looking keenly into governing the digital asset space, an executive director with the country’s securities regulator has said. The director also made clarifications on the different regulatory roles played by the central bank and the…

Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers

Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers

Post Views: 886 The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify before accepting virtual asset service…

Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs

Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs

Post Views: 293 Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10% of its staff less…

Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside

Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside

Post Views: 335 According to market analysts, the precious metal gold is officially in a bear market and prices could remain suppressed over the next few weeks. Moreover, while the macroeconomic backdrop has been gloomy, the popular safe haven asset has lost 17.50% in value against the U.S. dollar during the last four months. The…

Introducing User-Centric BKEX Exchange

Introducing User-Centric BKEX Exchange

Post Views: 349 PRESS RELEASE. BKEX (Chinese name: 币客) is a global cryptocurrency exchange that offers trading services for over 1,000 cryptocurrencies (such as Bitcoin, Ethereum, etc.). BKEX, founded in 2018 in the British Virgin Islands, is considered to be the best cryptocurrency exchange in terms of service. Its core philosophy is user-first and user-centric….

Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury

Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury

Post Views: 467 On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens the ability to store and stake the coins…

Finder’s Experts Predict Ethereum Falling to $675 — Long-Term ETH Predictions Lowered Considerably

Finder’s Experts Predict Ethereum Falling to $675 — Long-Term ETH Predictions Lowered Considerably

Post Views: 348 A panel of “industry experts” has predicted that ethereum will bottom out at $675 before the year-end. They have “considerably lowered” their ether predictions since the start of 2022 and are now expecting the price of the cryptocurrency to end the year at $1,711 before rising to $5,739 by 2025, and $14,412…

As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago

As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago

Post Views: 314 While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190…