The Metaverse is an ever-expanding pool of digital information exchanged at light speed, containing sensitive information on millions of users.
The social construct...
The Nigerian Securities and Exchange Commission (SEC) released a circular on June 9, declaring Binance Nigeria Limited (BNL) illegal in the country.
Binance...
Integrating cryptocurrencies with conventional financial systems becomes increasingly essential as they become more commonplace. This presents several obstacles to overcome before cryptocurrencies can realise their full potential. For instance, traditional institutions may be hesitant to work with cryptocurrencies due to concerns about money laundering and other illicit activities. Moreover, the technical difficulty of integrating cryptocurrencies with existing banking systems can prove intimidating.
The growth in the crypto markets has attracted players from other industries, including insurance. Cryptocurrency companies need insurance to shield against the risk of digital assets loss through theft, fraud or scams. Crypto insurance is particularly crucial for exchanges and other entities holding significant amounts of assets on behalf of their customers. This creates an opportunity for insurers so long as they can mitigate risks.
HSBC, Hong Kong's largest bank, has reportedly introduced local cryptocurrency services, allowing customers to buy and sell
The bank offers cryptocurrency ETFs listed...
Regulatory uncertainty is a critical obstacle to the widespread adoption of cryptocurrencies in Africa
To address these risk concerns and foster greater adoption,...
The SEC named ADA, SOL, and MATIC in lawsuits filed against Coinbase and Binance. The SEC referred to the three crypto-assets targeted for delisting from Robinhood as unregistered securities in the lawsuits. The lawsuits are part of a broader SEC endeavour to regulate the crypto industry.
Wash trading is a form of illicit market manipulation where an entity buys and sells the same financial asset to create a false impression of market activity. This practice gained traction with the rise of electronic trading in the early 2010s, as algorithmic trading programs began churning trades at unprecedented speeds. This old illegal financial market trick has unfortunately found its way into the crypto industry.
At its core, World Mobile intends to build last-mile digital connectivity globally.
World Mobile also introduced a native NFT associated with EarthNode...