A federal high court in Nigeria has recently dismissed a human rights lawsuit filed by Binance executive Nadeem Anjarwalla against the country’s National Security Adviser and the Economic and Financial Crimes Commission. This decision was made due to Anjarwalla’s lack of legal representation. Legal experts had predicted this outcome, especially since Anjarwalla had previously escaped
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In a recent incident, renowned crypto exchange Kraken fell victim to the unethical actions of a rogue security research company. The company reportedly discovered a critical bug in Kraken’s funding system, allowing them to exploit the flaw and withdraw nearly $3 million in digital assets from the platform. Kraken’s Chief Security Officer, Nick Percoco, detailed
In the current landscape of the cryptocurrency market, Bitcoin has emerged as a beacon of stability amidst significant turbulence. As investors navigate through market uncertainty, Bitcoin’s dominance has surged to a nine-week high of 57%. This shift in investor behavior towards Bitcoin, which is perceived as a safer asset within the digital currency ecosystem, has
Travis Kling, the Founder and Chief Investment Officer of Ikigai Asset Management, recently provided his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem. Kling noted that Bitcoin is currently trading at approximately 10% below its all-time highs and pointed out that the market appears to be on the verge of cannibalism.
Growing up in Edo State, Nigeria, I had the privilege of being surrounded by a loving family who served as my pillars of strength and guidance. My siblings have always been my role models, shaping my understanding of life and molding me into the person I am today. The unwavering support of my parents has
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in the fields of Forex and cryptocurrency trading. Known for his exceptional skills in technical analysis, Aayush has become a trusted advisor and senior market expert for investors globally. His ability to provide keen insights and
The recent announcement by the SEC regarding the closure of its investigation into Ethereum 2.0 has been met with enthusiasm within the Ethereum community. This decision comes after a letter from Consensys seeking clarity, and it signifies a major win for Ethereum developers, technology providers, and industry participants. The Enforcement Division of the SEC confirmed
Bitcoin price faced significant losses recently, dropping below the $64,500 level. Despite attempting to correct these losses, the bears are still dominant in the market and are pushing for further declines. The negative sentiment surrounding Bitcoin has kept the price below $65,500 and the 100 hourly Simple Moving Average. Additionally, a connecting trend line with
Ethereum has recently shown a strong uptrend, starting from the key support level of $3,350. The price is now trading above $3,450 and the 100-hourly Simple Moving Average, indicating a bullish momentum in the market. Additionally, there was a break above a significant bearish trend line with resistance near $3,460 on the hourly chart of
The US Securities and Exchange Commission (SEC) has expressed concerns regarding Circle’s stablecoin, USDC, as the company moves towards a multi-billion dollar initial public offering (IPO). According to Barron’s, regulatory documents indicate that the SEC’s primary worries revolve around the possibility of USDC and other stablecoins being classified as securities under US law. This is