Tag: Ethereum News

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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.

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.

Michael Saylor Under Fire as Bitcoin-ers Fume Over ‘Crypto-Anarchists’ and Self-Custody Criticism

In the crypto world, few names resonate as powerfully as Michael Saylor’s. The Microstrategy co-founder and Executive Chairman has long been hailed as a...

Top Crypto Analyst Reveals Strategy to Make Millions by March 2025 Amid Bull Run

Discover crypto analyst Miles Deutscher's foolproof strategy to capitalize on the ongoing crypto bull run. From Bitcoin insights to top altcoin picks, learn how to navigate the market and potentially make millions by 2025.

ApeCoin Price Skyrockets 100%: How Yuga Labs’ ApeChain Launch is Transforming the Crypto Landscape

ApeCoin (APE), the cryptocurrency closely associated with the Bored Ape Yacht Club (BAYC), has witnessed a staggering 100% surge over the weekend

Crypto Influencer Jaypeg Faces Scandal– Accused of Promotional Scam Amid Uptober Controversy

Popular crypto influencer Jaypeg faces accusations of a promotional scam involving the Uptober memecoin. Onchain sleuth ZackXBT uncovers evidence linking Jaypeg to the token dump, as the influencer issues a public apology.
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