Breaking : Binance Exchange Accuses The Nigerian Government of Demanding $150 Million Bribe In Crypto

In a new development Binance exchange has accused the Nigerian government of bribery and corruption.  Legal Implications for Binance Exchange and The Nigerian Government  The recent accusation by Binance exchange, a global cryptocurrency exchange, against the Nigerian officials alleging a demand for a $150 million cryptocurrency bribe could lead to significant legal repercussions. The Nigerian officials…

Binance executive, The SEC

Poloniex Hacker Uses Tornado Cash to Launder Millions

The cryptocurrency community is facing renewed scrutiny concerning security as hackers have laundered $7 million through Tornado Cash, a crypto mixer known for its role in clouding the origins of digital assets. The funds in question were siphoned off from two major cryptocurrency platforms, Poloniex and Kronos Research, and subsequently funneled through Tornado Cash in…

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Breaking : SEC Cracks Down On P2P Trading Platforms

The Securities and Exchange Commission (SEC) of Nigeria has made certain decisions  in a bid to control the crypto market, especially P2P trading. SEC’s Focus On P2P Trading  In a meeting with the Blockchain Industry Coordinating Committee of Nigeria (BICCoN), the SEC repeated its promise to protect the capital market’s integrity and investors’ interests by stopping…

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Bitfinex CTO Refutes Hacking Claims, Asserts No Ransom Was Sought

In a recent development that has caught the attention of the cryptocurrency community, Bitfinex’s Chief Technology Officer, Paolo Ardoino, has addressed concerns regarding alleged security breaches. Ardoino firmly dismissed the claims that the exchange’s database had been compromised as ‘pure FUD’ (fear, uncertainty, and doubt), emphasizing that no group has approached the company demanding a…

generative art showing the potential stance of bitfinex

Breaking : Shiba Inu Witnesses A Massive 3 Trillion SHIB Tokens Whale Transaction

The recent movement of 3 trillion Shiba inu tokens in a single transaction has sparked widespread speculation and interest within the cryptocurrency community. This massive transfer, valued at approximately $79.94 million, has significantly impacted the market psychology and investor sentiment surrounding SHIB. The Significance of the 3 Trillion Shiba Inu Whale Transaction Whale Alert, a popular…

TREAT Token

Breaking : 2024 Bitcoin Halving Completed

After the Bitcoin Halving event, Bitcoin miners will have to face challenges to stay profitable. The halving reduced the rewards for mining new blocks to 3.125 Bitcoin per block, making it difficult for miners to make money. Bitcoin Miners’ Profitability Post Bitcoin Halving The Bitcoin halving cuts in half the reward for mining new blocks, which…

Bitcoin ETF inflows