Recently, German authorities made a decisive move in the fight against unlicensed financial activities in the country’s crypto market. With $28 million in cash and 13 crypto ATMs confiscated, the operation led by the Federal Financial Supervisory Authority (BaFin) aimed to curb the risks posed by unregulated digital assets. Working in collaboration with law enforcement
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Bright Star Studios, the developers behind the anticipated MMORPG Ember Sword caused a stir with their announcement of switching from Immutable X to the Mantle Network. This bold decision aims to elevate the gaming experience by harnessing Mantles technology. What impact will this move have on the game, its players and the future of blockchain
In the ever-evolving world of cryptocurrency, scams and fraud are a harsh reality that users must navigate. Binance, the leading crypto exchange, has taken significant steps to protect its users from potential financial losses. By leveraging a sophisticated internal risk engine that operates around the clock, Binance was able to prevent over $2.4 billion in
The cryptocurrency market recently witnessed a significant surge in cat-themed meme coins, leading to a rally that pushed the sector’s market cap above $40 billion. Popular assets like Popcat (POPCAT), Mog Coin (MOG), and Cat in a Dogs World (MEW) saw impressive gains, with POPCAT climbing nearly 30% to $0.50. This rise in cat-themed meme
Samuel Edyme, known to many as HIM-buktu, is a diverse individual with a passion for writing, journalism, and trading in the web3 space. His introduction to the crypto world was not a smooth one, as he fell victim to a Ponzi scheme that utilized cryptocurrency for transactions. However, instead of being deterred by this experience,
Shaquille O’Neal, the legendary basketball player, is currently facing legal challenges due to his involvement with the Astrals NFT project. The lawsuit accuses Astrals of promoting unregistered securities, putting O’Neal in a precarious position. While the court has ruled that O’Neal can be considered a ‘seller’ of Astral NFTs, they dismissed the claim that he
The rise and fall of ADA, the native token of Cardano, has been a rollercoaster ride for investors and traders alike. At the peak of the 2020 to 2021 bull run, ADA surged to $3 in August, fueled by the activation of smart contracts and the completion of the Alonzo hard fork. However, the euphoria
The current state of the crypto market has not been favorable for Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Despite its position in the market, ETH has been facing significant challenges in recent weeks. One of the key factors contributing to this struggle is the continuous selling pressure from some of the largest Ethereum
The Democratic National Committee recently unveiled its 2024 Party Platform, outlining the party’s future political priorities for the upcoming election. However, what caught the attention of many was the glaring absence of any mention of Bitcoin, cryptocurrency, or blockchain in the ninety-two-page document. This oversight has left many in the crypto community questioning the party’s
The Nigerian Federal Inland Revenue Service (FIRS) is gearing up to implement new legislation aimed at taxing the rapidly expanding crypto sector in the country. This move, as reported by Business Day, comes as a means to boost economic growth and foster innovation within the industry. FIRS Executive Chairman, Zacch Adedeji, highlighted the need for