Search Results for: initially linked

Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework

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The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and…

Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes

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After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super…

Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges

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On jaan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current…

Eunoia – a Knowledge Community DAO Platform for Professionals

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PRESSITEADE. DemandCircle is delighted to announce the official launch of Eunoia, Web 3.0’s very own decentralized business knowledge platform. With the goal of bringing industry professionals together in expertise-centric communities, Eunoia incentivises meaningful participation with rewards in the platform’s native…

Aruanne: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations

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A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had…

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

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The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, teatas kohalik meedia. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese…

Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% kõrval 2030

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The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. Teiselt poolt, a…

Aruanne: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

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The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed…

Kenyans Lose Millions of Dollars to yet Another Cryptocurrency Scam: Bitstream Circle

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The masterminds behind the alleged cryptocurrency Ponzi scheme called Bitstream Circle are believed to have stolen more than $10 million in investor funds. The alleged theft became apparent on March 13, 2022, when some of the scheme’s investors encountered problems making…