Nathaniel Luz, Flincap’s co-founder and CMO, highlighted that following the ban’s removal, institutional exchanges should prepare for the Nigerian market. In a circular sent to banks on Dec. 22, the Central Bank of Nigeria (CBN) stated that it has now lifted restrictions on Nigerian banks facilitating cryptocurrency transactions. However, the crypto community anticipates competition to...Continue Reading

Bitcoin market gurus hold differing opinions of what will happen to the nearly $100 million in sell-side liquidity at $45,000. Bitcoin (BTC) stuck to a rigid trading range into the Dec. 24 weekly close as one trader predicted a fresh BTC price breakout. Data from Cointelegraph Markets Pro and TradingView followed strictly sideways moves for...Continue Reading

Currently, the Base network achieves a daily transaction speed (TPS) of 3.45, with over 6.97 million transactions completed in the last 30 days. Base Network, a project nurtured by Coinbase, shows consistent growth, although the rate has slowed since its initial surge. As of the latest data from L2Beat, Base’s total value locked (TVL) is...Continue Reading

Michael Khekoian, an executive at Wallet Guard, told Cointelegraph that numerous fraudulent accounts have surfaced after ZachXBT deactivated his account. Social media is circulating with reports of multiple accounts posing as prominent blockchain investigator ZachXBT, known for publicly exposing fraudulent cryptocurrency projects, following the deactivation of his official account. In a post on X (formerly...Continue Reading

Coinbase’s Chief Policy Officer, Faryar Shirzad, states that the claims are simply wrong and misrepresents the exchange’s intention to promoting progress in crypto regulatory matters. Cryptocurrency exchange Coinbase has denied Massachusetts Senator Elizabeth Warren’s allegations that it employed former government officials to impede the progress of regulations for digital assets.  In a letter dated December...Continue Reading

Key industry figures in DeFi predict what trends will dominate the industry in 2024. This last year may have been a quieter year for decentralized finance (DeFi) than most, but all that could change very soon. Next year looks set to be a landmark period for DeFi as crypto winter thaws and several trends reach...Continue Reading