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Blockchain in Nigeria is rapidly gaining traction, with the Nigerian Securities and Exchange Commission (SEC) leading the charge towards its adoption.The SEC’s Director General, Emomotimi Agama, has highlighted the transformative potential of blockchain technology, particularly in enhancing capital market regulation and promoting financial inclusion.
Cleanspark Bitcoin Mining Revenue has seen remarkable growth, reaching $162.3 million in Q4 2024, reflecting a staggering 120% increase from the previous year.This impressive figure highlights the company’s ability to generate substantial income despite the challenges posed by Bitcoin mining costs, which average $34,000 per bitcoin.
Kanye West cryptocurrency scam has become a hot topic in the world of cryptocurrency news after the rapper revealed he turned down a staggering $2 million offer to promote a fraudulent scheme.Allegedly, the scam involved West misleading his 32.6 million followers by endorsing a fake crypto promotion before claiming his account had been hacked.
As Valentine’s Day approaches, the FBI warns about the alarming rise of Valentine’s Day cryptocurrency scams, where fraudsters exploit the season of love to deceive unsuspecting victims.These scams often involve online romance scams, where con artists create fake identities to build trust and lure individuals into fraudulent crypto investment opportunities.
Ethereum ETFs are making headlines as the U.S.Securities and Exchange Commission (SEC) seeks more time to deliberate on options trading linked to these innovative financial products.
Crypto sentiment has recently showcased a stark contrast between the perspectives of retail and professional investors, highlighting a significant divide in the market.According to Bitwise’s Chief Investment Officer, Matt Hougan, the current retail crypto sentiment is at its lowest in years, with the Crypto Fear and Greed Index registering a worrying “Fear” score of 44.
The Coinbase lawsuit has captured the attention of the cryptocurrency community and legal analysts alike, as it marks a significant moment in the ongoing debate over how digital assets should be regulated.A recent ruling from a US federal judge has dismissed Coinbase’s argument that it does not fall under the definition of a “statutory seller,” obligating the exchange to face allegations of selling unregistered securities.
Florida Bitcoin investment is gaining traction as Republican Senator Joe Gruters introduces a groundbreaking bill aimed at safeguarding state funds against rising inflation.This proposal, brought before the Florida Senate on February 7, advocates for allocating a portion of the state’s financial reserves into Bitcoin and other digital assets.
Kanye West crypto has become a hot topic as the iconic rapper seeks to engage with Coinbase CEO Brian Armstrong regarding a direct approach to purchasing digital currencies.In a recent post, West expressed his interest in acquiring cryptocurrencies without relying on a middleman, a move that could revolutionize how high-profile investors interact with the market.
The SafeMoon CEO trial is drawing significant attention as Braden John Karony, the former head of the controversial cryptocurrency firm SafeMoon, seeks to postpone his criminal proceedings.In a recent filing, Karony’s legal team cited potential shifts in cryptocurrency regulation under the Trump administration that could impact the charges against him.