Semilore Faleti is not your average cryptocurrency writer. With a specialization in journalism and content creation, he has delved deep into the complexities of blockchains and digital assets. His journey in the crypto space began with writing on various subjects, but it was his passion for understanding and explaining the intricacies of cryptocurrencies that set
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Binance US has recently received legal permission from a US court to invest certain customer fiat funds that are currently being held at BitGo. The exchange sought court approval to invest approximately $40 million in increments of $10 million over the course of four weeks. These investments will be directed towards US Treasury Bills, with
In a recent security breach at India-based crypto exchange WazirX, Liminal, a multiparty computation (MPC) wallet provider, stated that its infrastructure was not compromised. The breach, which resulted in an estimated $235 million loss, was attributed to compromised devices within WazirX’s network. The post-mortem report released by Liminal on July 19 clarified that the breach
Recently, a market strategist has made bold claims regarding the future trajectory of Bitcoin (BTC), the leading cryptocurrency in the market. This strategist, known as ‘Rekt Capital,’ has suggested to his substantial following that Bitcoin has finally broken free from its prolonged downtrend. With this positive shift in market value, Rekt Capital is anticipating a
NEAR, the native token of the Layer 1 (L1) blockchain Near Protocol, has recently experienced a significant surge to a one-month high. This comes after breaking out of a previous downtrend that saw the token hit a low of $4 on July 5. Currently trading at $5.93, NEAR has recorded a substantial 20% gain over
The renowned crypto analyst Rekt Capital has recently shared his insights on the future trajectory of Bitcoin. According to his analysis, Bitcoin might not be fully prepared for its next significant price increase. Rekt Capital mentioned in a social media post that the cryptocurrency is not yet ready for a successful retest of the $65,000
The Basel Committee on Banking Supervision has recently introduced a final disclosure framework for banks’ crypto exposures. This framework, known as DIS55, aims to enhance transparency and promote a consistent regulatory approach in the digital asset space. The Committee has been working on this framework for over a year, with the standards set to come
OKX, a prominent crypto exchange, has recently chosen Malta as its Market in Crypto-Assets (MiCA) hub in order to cater to the 450 million residents of the European Union. This strategic decision was announced in a statement on July 18, with OKX emphasizing the importance of being able to offer services in compliance with local
The recent news of the German government selling off all its Bitcoin holdings in just two weeks has raised many eyebrows in the cryptocurrency community. The move was explained in a statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. They announced that approximately 49,858 BTC were sold off starting
Growing up in Edo State, Nigeria, I was fortunate to have a supportive family who always stood by me through thick and thin. My parents, in particular, have been the backbone of my story, providing unwavering support and guidance throughout my life. They instilled in me the values of perseverance and hard work, shaping me