Opeyemi is not your average writer. His passion for the cryptocurrency realm is evident in every piece he creates. What started as a casual interest has now turned into a full-blown obsession with unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Unlike many in the
Semilore Faleti is a cryptocurrency writer with a specialized focus on journalism and content creation. Starting out in various writing subjects, Semilore eventually discovered a passion for delving into the complexities and nuances of the blockchain and cryptocurrency world. His interest lies in the efficiency of digital assets for storing and transferring value, leading him
Recent fluctuations in the price of Bitcoin have brought to light the intense volatility that characterizes the cryptocurrency market. While the digital currency has managed to reclaim the $56,000 price level after a sudden drop below $54,000 on July 5, investors remain cautious. In the larger timeframe, Bitcoin has experienced a 7% decline in the
Growing up in Edo State, Nigeria, with my three siblings has been a defining factor in shaping who I am today. My parents have been the pillars of strength in my life, supporting me through thick and thin. Their unwavering love and guidance have provided me with a sense of safety and security that is
Recently, Olubukola Akinwumi, the deputy director of the Central Bank of Nigeria, made serious allegations against Binance. According to local media reports, Akinwumi accused Binance of engaging in transactions that are typically reserved for authorized banks and financial institutions. This accusation was made during his testimony in a lawsuit brought by the Economic and Financial
Former Solicitor General Donald B. Verrilli, who now serves as Grayscale Investments’ senior legal strategist, raised concerns about US regulators intentionally stifling the crypto industry through debanking practices. In a joint amicus brief filed with Paul Clement, Verrilli highlighted bipartisan worries regarding the regulatory environment for digital assets. The brief, filed on behalf of Custodia
Recently, the European Banking Authority (EBA) made significant updates to its Travel Rule guidelines, now including crypto service providers and intermediaries. This move is part of the EU’s ongoing efforts to combat money laundering and terrorist financing. Starting from December 30, 2024, all crypto exchanges operating within the European Union will be required to adhere
Recent on-chain data has revealed alarming activity from a dormant Bitcoin wallet that transferred over $6.8 million worth of Bitcoin after 12 years of inactivity. The sudden movement of funds, with a total of 119 BTC, has sparked concerns within the crypto community about a potential sell-off by a significant whale. The two separate transactions
Taiwan Mobile, the second-largest telecom operator in Taiwan, has recently made a significant move by applying for a license to operate as a Virtual Asset Service Provider (VASP). The company’s General Manager, Lin Zhichen, has been named the person in charge, with Taiwan Mobile itself being listed as the legal representative. This step has allowed
The recent sharp decline in the price of Bitcoin can be attributed to several key factors. One of the significant reasons behind this downfall is the impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox. This distribution represents 0.68% of the total Bitcoin supply and is set to be distributed among the