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0 CommentsThe price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000. The price of Bitcoin in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into digitalized cash. At the time of writing, the price of 1 BTC on Nigerian crypto exchange NairaEX is…
Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents. Australia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as much as eight months before the exchange met its untimely end in November. According to documents obtained by Guardian Australia, officers of the Australian Securities…
Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin’s best January in ten years. Bitcoin spiked into key liquidity for a third time on Jan. 29 as the weekly and monthly closes loomed. Trader on Bitcoin: $25,000 “in sight” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498…
The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance. The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and recover funds linked to criminal activities. The “Virtual…
Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets. Sam Bankman-Fried’s legal team is seeking to remove a bail condition that prevented him from accessing FTX’s funds, according to court filings from Jan. 28. A letter from Bankman-Fried’s lawyer, Mark Cohen, to United States District Court Judge…
TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts. Is crypto lending dead, or does it just need better execution? That’s a question asked with more urgency in the wake of Genesis Global Capital Jan. 19 bankruptcy filing. That, in turn, followed…
