The Nigerian markets regulator has ordered the world’s largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a website was illegal.

The US affiliate of Binance said it was halting dollar deposits and gave customers until Tuesday to withdraw their dollar funds, after the US securities regulator asked a court to freeze its assets. Binance.US, the purportedly independent partner of Binance, said in a tweet on Thursday that its banking partners were preparing to stop dollar withdrawal channels as earl…

The crypto sector is shaded with new-age linguistic trends, since majority people engaging with the space are between the ages of 18 and 35, several research reports claim. Here we see how crypto investors are classified as No Coiner, Bagholder, HOLDer, Bitcoin Maximalist, based on their investment patterns.

The crypto fear and greed index continues to maintain yesterday’s position right in the middle of the scale with 50 points. Bitcoin and Ether continue to trade in losses, alongside Polkadot, Avalanche, and Wrapped Bitcoin. Leo and Uniswap managed to record minor gains. On-chain data also indicates that Asia has surpassed the United States in terms of active capital …

The RBI is considering if existing QR codes must act like a gateway for CBDC transactions. Currently, eRupee worth over Rs. 130 crore are in circulation as part of the going trials. The detail was revealed by Indian Finance Minister Nirmala Sitharaman earlier in March. By the end of June, India aims to onboard a million users to its CBDC ecosystem, Sankar reportedly s…

Britain’s financial regulator on Thursday tightened rules over the promotion and selling of cryptocurrency as it seeks to protect consumers. The Financial Conduct Authority (FCA) unveiled a package of measures for the industry, which has long faced criticism over the lack of oversight — and promises of high returns in a volatile marketplace.

Manish Maheshwari, former head of Twitter India has iterated the need for people to give decentralised apps (dApps) a fair chance after recent reports of YouTube account hacks targeting attacks. In conversation with Gadgets 360, Maheshwari points out that unlike traditional Web2 platforms where data is stored centrally, Web3 platforms via blockchain distribute the st…

The valuation of the crypto market dripped by 2.35 percent in the last 24 hours. Bitcoin and Ether, both recorded losses. Solana, Polygon, and Tron joined BTC and ETH on the loss-making side of the crypto price chart in the backdrop of the US SEC conducting enquiries on Coinbase and Binance over alleged unlawful business practices. Bitcoin Cash and Dogefi, meanwhile, …

British consumers buying cryptoassets will get a 24-hour “cooling-off” period for the first time from October under tougher marketing rules unveiled by the financial regulator on Thursday. The Financial Conduct Authority (FCA) said “refer a friend” bonuses for crypto buyers would also be scrapped and that those promoting such assets would have to put in place clear ri…