In the latest episode of the Hashing It Out podcast, host Elisha Owusu Akyaw sat down with Tom Trowbridge, co-founder and CEO of Fluence Labs, to discuss the evolving concept of Decentralized Physical Infrastructure Networks (DePIN). Trowbridge offers insights into this emerging sector, which he said is poised to disrupt traditional infrastructure models in the next year and…
The Nigerian Securities and Exchange Commission (SEC) has updated its crypto rules, adding requirements on crypto-related marketing promotions from virtual asset service providers (VASPs) and social media influencers. In its revised Digital Asset Rules, the SEC said that VASPs engaging third-party service providers to promote their crypto products must “obtain prior approval from the Commission.” The rules…
More than $1 billion was liquidated in the crypto market over the past 24 hours as participants were caught off guard by the strong momentum of crypto over the past 30 days. Still, one analyst suggested the market downturn may be short-lived. “We’ve had such a bullish narrative over the last month that the market…