Nigerian officials proposed secret crypto settlement, claims Binance CEO

As a researcher with experience in investigating financial crimes and regulatory issues, I find the developments regarding Binance’s interactions with Nigerian officials deeply concerning. The allegations that Nigerian authorities attempted to coerce Binance representatives into a secret settlement paid in cryptocurrency during meetings in early 2024 are serious and warrant further investigation. Recent information uncovered … Read more

Nigeria to ban peer-to-peer crypto trading in naira

As an analyst with a background in financial regulation and experience living in West Africa, I find the latest developments in Nigeria’s cryptocurrency landscape both intriguing and concerning. The Nigerian Securities and Exchange Commission (SEC) aiming to ban peer-to-peer (P2P) cryptocurrency exchanges using the local currency seems like a step towards better regulation of the … Read more

Bitcoin trader flags key levels as BTC price attacks $64K liquidity

As a seasoned analyst with extensive experience in the cryptocurrency market, I’ve witnessed firsthand how Bitcoin (BTC) continues to defy expectations and deliver jaw-dropping price swings. The latest surge above $64,000 on May 7 is just another testament to this volatility. On May 7, Bitcoin’s price surpassed $64,000 once more as traders extracted funds from … Read more

Starknet Foundation launches $5 million grants program

As an analyst with a background in blockchain technology and experience in grant programs, I am thrilled about the Starknet Foundation’s new $5 million Seed Grants Program. This initiative comes at an opportune time for the Starknet ecosystem, which has seen a significant increase in developer activity and interest. The Starknet Foundation unveiled a fresh … Read more

Revolut debuts dedicated crypto exchange for UK users

As an experienced financial analyst, I view Revolut’s entry into the cryptocurrency trading market with a positive outlook. The company’s decision to introduce Revolut X, a specialized crypto trading platform for retail customers in the United Kingdom, is a strategic move that could potentially disrupt major cryptocurrency exchanges and attract a large customer base. Revolut, … Read more

Why Bitcoin miners are not selling right now, explained

Bitcoin’s miner revenue has fallen to its lowest in the last year. This is due to the recent decline in network activity. As a researcher with a background in cryptocurrency and blockchain analysis, I find the current state of Bitcoin’s miner revenue concerning. According to recent data from CryptoQuant, Bitcoin’s miner revenue has fallen to … Read more