Germany Cracks Down on Crypto ATMs, Seizing $28 Million.
On August 20, Germany’s Federal Financial Supervisory Authority (BaFin) seized 13 unlicensed cryptocurrency ATMs from 35 different locations. According to a report from Reuters, this operation was done with help…
SEC rejects filings for Solana ETFs.
SEC rejects filings for Solana ETFsAccording to a well-placed source, the SEC rejected Cboe BZX’s 19b-4 filings for two prospective spot Solana ETFs, leading to their withdrawal from the Cboe…
Nigeria’s SEC to License Cryptocurrency Exchanges.
SEC’s new licensing initiative aims to regulate Nigeria’s fast-growing crypto market, ensuring a secure and transparent environment for digital asset exchanges. Nigeria’s Securities and Exchange Commission (SEC) is getting ready…
Democratic Party Election Platform Didn’t Say “Bitcoin” Even Once
The Democrats still have little to say about cryptocurrencies, which could be either a good or bad sign for Bitcoin voters. The Democratic National Committee published its 2024 Party Platform…
Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being…
Nigeria’s Crypto Surge: A Desperate Gamble.
Nigeria is on the brink. Soaring inflation, a plummeting Naira, and skyrocketing unemployment have ignited widespread protests and pushed millions towards a desperate gamble: cryptocurrency trading. Economic Crisis Fuels Crypto…
How Ethereum’s 5-Year Low Gas Fees Impacts Supply Inflation.
Ethereum network fees have fallen to multi-year lows and while that is good news for users, it has other implications on issuance and supply. On Aug. 19, industry research firm…
Australian Regulator Shuts Down Over 600 Crypto Scams in the Past Year.
ASIC Deputy Chair Sarah Court warns that Australians lose billions yearly to scams, with AI helping fraudsters evolve their tactics. The Australian Securities and Investments Commission (ASIC) announced today that…
Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations.
Bitcoin’s price shot up toward $61K in a sudden move forward. After a choppy price action throughout the past couple of days, the Bitcoin price has taken off, pushing above…
Hamster Kombat and Crypto.com Launch New Payment Card.
Hamster Kombat has partnered with Crypto.com to launch a “metal card” to enhance payment flexibility for business operators. The card can be used both in the Hamster Kombat game and…