Nigeria's Central Bank prohibits regulated financial institutions from crypto dealings. Recent directives target platforms like Bybit, KuCoin, OKX, and Binance, leading to confusion and questions about the country's crypto stance.
Summary: Tesla continues to maintain its significant Bitcoin holdings worth $184 million without selling any in Q1 2024, despite a 15.5% drop in total revenue according to their earnings report.
Hong Kong is making strides in the crypto market by introducing spot Bitcoin and Ethereum ETFs, following the success of similar ETFs in the US. This move positions Hong Kong as a key player in the global financial hub for digital assets.
Binance introduces a spot copy trading tool, allowing users to automatically mirror trades of successful traders on the platform, following the success of the futures market.
CyberInteligenciaSV targets El Salvador's Chivo wallet in a series of breaches, leaking user data and wallet code in ongoing cybersecurity incidents.
Worldcoin aims to boost the supply of its WLD token by up to 19% over six months through weekly sales to select trading firms outside the US, facilitated by World Assets Ltd.
Archax, a digital asset platform in London, has extended its tokenization services to BlackRock's money market fund, collaborating with The HBAR Foundation. This move signifies a major advancement in merging traditional finance with blockchain technology, causing a surge in HBAR token price due to misinterpreted announcements, leading to confusion among investors.
Changpeng Zhao, the founder of Binance, could be sentenced to 36 months in prison for violating anti-money laundering laws, as per U.S. prosecutors. He pleaded guilty to causing a financial institution to breach the Bank Secrecy Act, with the sentencing scheduled for April 30.
The SEC is seeking public input on Franklin Templeton's and BlackRock's proposed Ethereum ETFs, underscoring the growing interest and regulatory scrutiny in the crypto market.
Block, led by Jack Dorsey, has developed a cutting-edge 3nm Bitcoin mining chip, signaling a move towards decentralizing mining hardware supply and enhancing mining performance. This advancement aims to unlock innovation and foster the evolution of new mining system form factors and applications.