Fatma Ozkul has been a lecturer at Marmara University in Istanbul since 2012, with an academic focus on accounting, finance, auditing, blockchain and digital assets. Turkey’s President Recep Tayyip Erdoğan has reportedly appointed professor Fatma Ozkul, an expert in crypto assets and blockchain technology, to the central bank’s monetary body. According to Bloomberg, a decree...Continue Reading
The SEC delays its decision on Ethereum ETFs, Binance’s settlement with the CFTC is approved and Sam Bankman-Fried loses again in court. The U.S. Securities and Exchange Commission (SEC) has delayed its decision on several Ethereum exchange-traded funds (ETFs) to May 2024. The agency said it was instituting proceedings that involve gathering further public input...Continue Reading
Crypto exchange MEXC has been enforcing its terms of service to freeze funds and restrict accounts in response to “abnormal trading activities.” Crypto exchange MEXC has allegedly frozen several traders’ accounts and seized their funds, according to multiple reports on X (formerly Twitter). The exchange claims the actions were motivated by “abnormal trading activities.” MEXC’s...Continue Reading
The ETH price has turned bullish, and the move is backed by an increase in DApp activity and protocol revenue. Ether (ETH) last approached the $2,400 resistance on Dec. 9 but failed to break through, resulting in a retest of the $2,120 support level. This time, investors are gaining confidence in surpassing this level, venturing...Continue Reading
Here’s our step-by-step guide on how to use the Polygon Bridge, which facilitates seamless asset transfers between Ethereum and Polygon. The Polygon Bridge facilitates seamless asset transfers between different blockchain networks, enabling users to navigate diverse ecosystems and leverage decentralized finance (DeFi) opportunities. Polygon blockchain is an Ethereum layer-2 scaling solution. The Polygon Bridge is...Continue Reading
Despite tight macroeconomic conditions and headwinds in the crypto industry, Bitcoin is up more than 160% in 2023, fueled by the excitement over ETF proposals. Bitcoin (BTC) is set to wrap up the year outperforming all major traditional assets, data provider Kaiko Research predicts. The cryptocurrency is up more than 160% in 2023 despite tight...Continue Reading
The crypto industry experienced a significant number of security incidents in 2023 but is exploring new approaches to fight back against attackers and protect firms’ public images. The crypto industry has experienced a significant number of security incidents in 2023, though overall losses declined from the previous year. A report by TRM Labs estimates that...Continue Reading
According to Ripple’s legal chief, Stuart Alderoty’s post, in 2020, the SEC requested Ripple to acknowledge publicly that XRP was a security asset and allowed a brief window for crypto compliance. Ripple’s legal chief, Stuart Alderoty, had disclosed the content of the Securities Exchange Commission’s (SEC) settlement proposal before the agency filed the lawsuit in...Continue Reading
The cNGN serves as a complement, not a substitute, for the eNaira. Unlike the eNaira, created by the Central Bank of Nigeria (CBN) with broader capabilities, the cNGN is overseen by a consortium involving Nigerian banks. Principal Nigerian banks are collaborating to create and oversee the cNGN stablecoin, a novel digital currency designed to bring...Continue Reading
The guidelines aim to set minimum standards and requirements for banking relationships and account openings for virtual asset service providers in Nigeria. Nearly two years after enforcing a comprehensive ban on banks engaging with digital currencies, the Central Bank of Nigeria (CBN) has now lifted restrictions on Nigerian banks facilitating cryptocurrency transactions. In a circular...Continue Reading
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