The fine was a consequence of the operator’s unlawful issuance of a margin trading product that included a credit facility to over 1,100 customers. The product allowed users to borrow…
Nigeria’s Economic and Financial Crimes Commission (EFCC) announced on 12 December 2024 that a Federal Capital Territory (FCT) High Court has convicted one Praise Humphrey Igbo (alias Jessica Allen) for…
The proposal focuses on technical design, operational models, and privacy considerations for retail CBDCs, aiming to balance innovation, security, and user-centric functionality. The proposal emphasizes scalability, privacy safeguards, and integration…
Bitcoin halving cycle has long been considered a major driver of price trends in the cryptocurrency market. Historically, ETH tends to underperform BTC in the months following a halving event,…
Andrew Kang, a partner at Mechanism Capital, has likened the current state of DeSci to the early days of Decentralized Finance (DeFi) in 2019. In an opinion shared on X recently,…
The leading blockchain platform reduced its base reserve requirement, a critical operational parameter, from 10 XRP to 1 XRP. Implemented on 2 December 2024, the change has significant implications for…
Ethena launched USDtb in partnership with Securitize, serving as a traditional stablecoin with a distinct risk profile compared to its derivative-based USDe token. Ethena’s Risk Committee approved USDtb as a…
by Jude Ayua
Remote, a leading global human resources platform and payroll provider, has partnered with Stripe to facilitate stablecoin payments for international contract workers. Remote announced the partnership on 17…
by Ndianabasi Tom
Binance, the world’s largest cryptocurrency exchange, has recorded a staggering $23.67 billion in net inflows so far in 2024, according to data from DefiLlama. This massive inflow highlights…
The FSCA said it has received 420 CASP licence applications, of which it approved 248 and declined nine.
While 106 applicants have voluntarily withdrawn their applications after engagements with the FSCA…