In a recent event held in Seoul, South Korean regulators engaged in discussions with officials from ASEAN and the OECD regarding crypto policy. The event, hosted by the Financial Services Commission (FSC) of South Korea, aimed to address the risks associated with cryptocurrencies and other related matters while sharing progress on digital finance policies in
A recent ruling by a Federal High Court in Nigeria has commanded Binance, a prominent cryptocurrency exchange, to provide detailed information on all its Nigerian users to the Economic and Financial Crimes Commission (EFCC). This order comes in the midst of escalated tensions between Binance and Nigerian authorities, fueled by the country’s economic instability and
AI technology has undoubtedly revolutionized various industries, including the financial sector. However, with great innovation comes the potential for abuse. Recently, US SEC chair Gary Gensler has raised concerns about the practice of “AI washing” and its implications on securities laws. This article delves into the issue of AI washing, the SEC’s response to such
As XRP (XRP) struggles to keep up with the overall rally of the cryptocurrency market in 2024, investors are turning their attention to a new Initial Coin Offering (ICO) called 5thScape in hopes of achieving a potential 1,000% return on investment (ROI). While XRP is currently trading at $0.65, it has remained relatively flat since
Solana’s SHARK token has seen a significant surge in price, reaching above $200 in recent trading. The token, which is just 2 days old, gained immense traction upon its listing on Solana DEX markets. However, despite the initial pump of +9,400% in the first hour, the price has since retraced, currently trading at $0.0055 with
When it comes to the world of cryptocurrency, there is always a buzz surrounding new tokens and projects that promise to revolutionize the industry. One such token that has been generating a lot of excitement is Scotty the AI, also known as $SCOTTY. This token, which combines the popular meme coin trend with the promising
Crypto exchange OKX recently made headlines by announcing the delisting of Tether (USDT) pairs in the EU. This decision came shortly after the release of draft technical standards related to stablecoins by the EU, which are expected to be implemented by June. As a result, OKX informed customers that only USDC and euro-based pairs would
In recent days, meme coin prices have experienced a significant downturn, with popular tokens such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) all seeing declines ranging from 15% to 20%. This downward trend comes after a period of bullish growth driven in large part by increased volumes of Bitcoin ETFs. While many tokens
When looking at the current market cap of Solana’s decentralized exchange Jupiter (JUP), which has surged beyond $2 billion with a fully diluted market cap approaching $15 billion, many crypto investors are left wondering if it is too late to buy into Jupiter. Just a month ago, Jupiter’s token price was trading under $0.50, but
Bitcoin (BTC) recently experienced a significant price correction, dropping from its all-time high above $73,000 to an intraday low of $64,620 on March 17th. This sudden pullback has left investors questioning whether this is just a temporary setback or a sign of a more bearish future. Analysts have pointed to declining profitability and a decrease