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Weekly overview

Nigerian Payments System Vision: Framework for Stablecoins & ICOs

  • Post author:admin
  • Post published:January 13, 2023
  • Post category:Weekly overview

A new report sheds light on the potential use of a stablecoin in Nigeria, in addition to regulations on ICOs and its national CBDC – eNaira. By the end of…

Continue ReadingNigerian Payments System Vision: Framework for Stablecoins & ICOs

US Prosecutors Probe Binance Hedge Fund Connections

  • Post author:admin
  • Post published:January 13, 2023
  • Post category:Weekly overview

Though the cryptocurrency market took a shift to the new year, CZ’s empire has been continually tested. Following Reuters, the Washington Post was the next top publication to set its…

Continue ReadingUS Prosecutors Probe Binance Hedge Fund Connections

SEC Raises Concerns Over Binance’s Latest Acquisition

  • Post author:admin
  • Post published:January 13, 2023
  • Post category:Weekly overview

The acquisition of Voyager Digital leads Binance.US to more regulatory scrutiny, and possible review by US regulators. In a filing sent to the court, the United States Securities and Exchange…

Continue ReadingSEC Raises Concerns Over Binance’s Latest Acquisition

New York Attorney General Sues Celsius Co-Founder Alex Mashinsky

  • Post author:admin
  • Post published:January 13, 2023
  • Post category:Weekly overview

Alex Mashinsky, co-founder and former CEO of Celsius, now faces a lawsuit over its false advertisements. According to a press release published on Jan. 6, New York Attorney General Letitia…

Continue ReadingNew York Attorney General Sues Celsius Co-Founder Alex Mashinsky

800 victims of ‘massive’ Bitconnect fraud to receive $17M restitution

  • Post author:admin
  • Post published:January 13, 2023
  • Post category:Weekly overview

The millions will be distributed among the select number of victims, but thousands more were impacted by the $2.4 billion fraudulent scheme. A group of crypto fraud victims of the…

Continue Reading800 victims of ‘massive’ Bitconnect fraud to receive $17M restitution

Crypto.com CEO announces 20% staff cut, ‘did not account’ for FTX collapse

  • Post author:admin
  • Post published:January 13, 2023
  • Post category:Weekly overview

"While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds and unforeseeable industry…

Continue ReadingCrypto.com CEO announces 20% staff cut, ‘did not account’ for FTX collapse

Crypto payments platform Wyre lifts 90% withdrawal cap

  • Post author:admin
  • Post published:January 13, 2023
  • Post category:Weekly overview

Just five days after it imposed them, Wyre has removed all limits on account withdrawals. Crypto payment platform Wyre has lifted the 90% withdrawal limit it placed on its users…

Continue ReadingCrypto payments platform Wyre lifts 90% withdrawal cap
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