In an official communication dated March 13 the government of Nigeria has taken decisive action to probe the operation of
Category: Cryptocurrency Exchanges
Backpack Yields $20 Million in Funding Round Led by Placeholder VC
The renowned crypto exchange Backpack has yielded $17 million in a series A funding round. The successful funding round propelled
BitForex Suspend Operation Following $57M Transaction
The Hong Kong-based crypto exchange BitForex has ceased operations. News concerning the closure of business elicited mixed feelings among the
Kraken Rollouts New Division for Institutional Investors
In an official communication, the US-based crypto exchange Kraken was pleased to announce the official launching of a new division
IRS Recruits Two Professions to Support Tax Compliance in Crypto Industry
An official announcement from the US Internal Revenue Service (IRS) demonstrated that the agency will recruit new talents. The tax
Hackers Exploit MicroStrategy X Account to Promote Fake Airdrop
On Monday, the American-based business intelligence firm MicroStrategy suffered a malicious attack exposing the customers to the inherent risk of
Analyst Project Bitcoin Halving’ Blood Bath’ Might Compel Miners to Exit US Market
The 2024 Bitcoin halving and the growing adoption of blockchain has renewed the hype for crypto assets among retail and
Riot Platforms Says Bitcoin Halving Might Not Favor Miners
As the world awaits 2024 Bitcoin halving key industry players have demonstrated divided opinions concerning its impact on the crypto
South Korean Gyeonggi Province Implementing Digital Tracking System to Address Tax Cheats
As investors seek to explore new ways to evade paying taxes, the South Korean authorities have stepped up their game
Moonbeam Collaborates with Animo to Develop New Blockchain Game
The desire to offer an impressive gaming experience challenged tech companies to enter strategic partnerships. In a February 15 update,