News

      MakerDAO Faces Setback with Sky Rebranding as Token Prices Plummet

      MakerDAO’s rebranding to Sky has seen poor market performance, prompting a reconsideration of the change. The new token, SKY, has declined by nearly 27%, while the USDS stablecoin shows promising on-chain metrics.

      Nigerian Court Convicts Crypto Firm for Unlicensed USDT-Naira Trading, Orders N140 Million Forfeiture

      Federal High Court in Abuja convicts Official Gredo Limited for unauthorized USDT-Naira trading, ordering the forfeiture of N140 million and imposing a N1 million fine for illegal financial activities.

      “…Then Why Crypto?”– Ledger CEO Takes Bold Pro-Self Custody Stance

      Ledger CEO Pascal Gauthier highlights the importance of self-custody in crypto at Blockchain Life Dubai, arguing that without self-custody, the core purpose of cryptocurrency is lost, despite innovations like Bitcoin ETFs.

      Binance and Crypto.com Dethroned as Decentralization Makes Way

      Binance and Crypto.com face declining market share as smaller exchanges like Bybit and OKX gain ground, and decentralized exchanges (DEXs) continue to rise in popularity.

      Death Knell Rings Loud for Gambling Addicts and FOMO Investors in an Eye-Opening Report

      A new study reveals that gambling addiction and Fear of Missing Out (FOMO) drive impulsive behavior in crypto markets, leading to financial and emotional harm for investors.

      4 Infamous Female Crypto Fraudsters Who Shocked the Industry

      These four women gained infamy for their involvement in cryptocurrency fraud schemes, from Ponzi schemes to money laundering, defrauding billions and tarnishing the crypto world.

      Minneapolis Fed President Links Crypto to Drugs in a Shocking Assessment

      Minneapolis Fed President Neel Kashkari claims most cryptocurrency transactions are for drugs or illegal purposes. Crypto proponents counter with facts on crypto's growing legitimacy and usage.

      Crypto Could Provide a Lifeline as EU-Russia Sanctions Strain Italian SMEs

      EU sanctions on Russia have hit Italian SMEs hard, complicating trade routes and payments. As traditional financial systems falter, could cryptocurrencies offer a solution for cross-border transactions?

      India Considers Crypto Ban to Bolster Digital Rupee Adoption

      India weighs a ban on private cryptocurrencies like Bitcoin and Ether, favoring the adoption of its digital rupee. Officials argue that Central Bank Digital Currencies (CBDCs) offer more benefits with fewer risks than crypto assets.

      UK FCA Defends Crypto Regulations Amid Criticism of Stifling Innovation

      The UK Financial Conduct Authority defends its stringent crypto regulations, responding to claims that its tough stance stifles innovation.
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