Tag: Digital Assets
LayerZero Crypto Gains Momentum Towards All-Time Highs
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...
Securing Tokenization: Rethinking Public Blockchains for the Future
Tokenization has become a significant trend in Web3, attracting attention and investment from major players like BlackRock and JPMorgan. Analysts predict that the asset tokenization market will reach $2 trillion by 2030, showcasing its...
Bitcoin ETF Investors Show Confidence as Inflows Exceed $140M
Following the July 4 break, U.S. traders were met with a significant drop in bitcoin (BTC) prices as it fell over 10% from its pre-holiday levels. Despite this, investors in Bitcoin ETFs showed confidence...
Fusing Digital Assets with Mainstream Services: Taiwan Mobile’s VASP License Bid
Taiwan Mobile, one of the major telecom operators in Taiwan, has taken a significant step in the crypto regulatory landscape by applying for a license to operate as a Virtual Asset Service Provider (VASP)....
Nigerian Kucoin Users Subjected to 7.5% VAT on All Transactions
Kucoin, a popular cryptocurrency exchange, recently announced that Nigerian users will now be subjected to a 7.5% value-added tax (VAT) on all transactions starting July 8th. This decision was made following a regulatory update...
Bitcoin Price Plummets After FTX Collapse and Mt. Gox Panic
Bitcoin's price recently took a hit, dropping to around $54,000, resulting in the fifth largest realized loss since the FTX collapse. The panic selling that ensued was primarily fueled by concerns related to Mt....
Repaying Mt. Gox Creditors with Bitcoin and Bitcoin Cash: A Guide
Mt. Gox, the once-dominant cryptocurrency exchange, has finally begun repaying its customers after almost a decade of waiting. This news brings closure to many users who have been eagerly anticipating the return of their...
Nigeria’s New Crypto Regulations: Local Offices and Leadership Requirements for Licensing
The Securities and Exchange Commission (SEC) of Nigeria has recently introduced new regulations for Virtual Asset Service Providers (VASPs) operating in the country. These regulations aim to ensure closer regulatory supervision and support for...
Private Jet Brandization: The Protocol That Burnt Cash
June was a tough month for the crypto markets, with prices dropping significantly. However, there were some interesting stories in the blockchain tech world. One topic that caught the attention of many on crypto...
Court Approves Accelerating Consensys vs. SEC Lawsuit for Quick Resolution
A federal judge has approved a timeline for the court to consider the lawsuit filed by software firm Consensys against the US Securities and Exchange Commission (SEC) and its commissioners. In a filing on...
