Author: Ana Jesus

The EFCC’s fight against illegal financial activities in Nigeria is taking a tech-forward approach as the agency’s Secretary, Olanipekun Olukoyede, underscores the potential of blockchain and AI in combatting crime. Nigeria and the broader African continent grapple with an annual loss of $88.6 billion due to illicit financial flows, a sum that could otherwise fortify […]

The United States Treasury Department has established a new regulation to enhance the accuracy of tax reporting among cryptocurrency owners and traders. This recent advancement obliges crypto exchanges and payment services to disclose customer transactions to the IRS, reinforcing tax compliance and aiming to minimize evasion. The implementation of the regulation builds on the IRS’s […]

In a recent judgment, Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia dealt a significant blow to the cryptocurrency exchange Binance. The company’s request to dismiss a lawsuit, alleging violations of securities laws, was rejected. Binance’s founding CEO, Changpeng Zhao, is directly implicated in the case for reportedly engaging […]

Crypto market speculation suggests a positive trajectory for Polkadot (DOT), as informed by a high-profile crypto analyst. With an audience of over 720,000 on a popular social media platform, the expert’s projections place DOT on a potential uptrend, mirroring Ethereum’s recent market performance. According to this viewpoint, the current market value of Polkadot seems to […]

Hamster Kombat Elevates Play-to-Earn Gaming Prospects With the play-to-earn (P2E) crypto games rising in the digital ecosystem, one game has swiftly caught the interest of enthusiasts: Hamster Kombat. This highly interactive tap-to-earn game operates through Telegram, an already popular messaging platform, which has helped it amass a sizable following in record time due to its […]

The U.S. Securities and Exchange Commission (SEC) has issued requests for amendments on the documents submitted for the anticipated spot Ethereum Exchange-Traded Fund (ETF) offerings. This development has shifted the expected launch window to the latter part of July. Industry speculations from experts, such as Bloomberg ETF analysts Eric Balchunas and James Seyffart, hinted at […]

Hong Kong embraces a new era of financial technology by establishing a comprehensive regulatory framework for cryptocurrency and security token exchanges. Distinct from the regulatory patterns of the United States and Singapore, Hong Kong’s authorities have implemented a license that encapsulates the entire spectrum of digital assets, including cryptocurrencies and security tokens, positioning the city […]

Resilient XRP Sustains Position in Volatile Market Despite the overall downturn in the cryptocurrency sphere, XRP has proven its resilience, managing to hold its ground better than many of its counterparts. Currently trapped within a years-long symmetrical triangle formation, the asset captures attention with its potential for price escalation. Anticipated Breakout of XRP Could Spur […]

PancakeSwap Elevates Crypto Betting with AI Insights PancakeSwap, the popular decentralized exchange, has initiated an exclusive prediction market on the Arbitrum network, formulated in collaboration with Allora, a pioneer in AI and machine learning. PancakeSwap now enables enthusiasts to wager on cryptocurrency prices with enhanced precision, courtesy of Allora’s innovative AI technology. Enhancing Predictive Accuracy […]

A significant shift in regulatory power from federal agencies to the judiciary has unfolded in the wake of the Supreme Court overturning the Chevron v. Natural Resources Defense Council decision of 1984. The recent judgment in Loper Bright Enterprises v. Raimondo marks a pivotal change, potentially altering the landscape of American health, safety, and economic […]