Nigeria’s SEC-Crypto License
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter financial crimes. The rules mandated digital asset exchanges to register, adhere to anti-money laundering (AML) practices, […] Powered by...
Understanding Notcoin: The Token Behind the Click-to-Mine Telegram Game
This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring a distinctive click-to-mine system. The following is a comprehensive overview of what […] Powered by...
David Bailey, CEO of Bitcoin Inc., Reflects on His Company’s Transformational Pivot to Bitcoin and More
David Bailey, CEO of Bitcoin Inc., took time out of running the Bitcoin Asia Conference in Hong Kong to sit down with Bitcoin.com’s COO, Jason Sheman. The conversation delved into the lessons learned from past mistakes, the strategic pivot to Bitcoin, the Bitcoin Conference, Bitcoin Layer twos, and stablecoins on Bitcoin. Bitcoin Asia Conference Highlights: […] Powered by...
NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis
New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The settlement, which requires bankruptcy court approval, will establish a victims’ fund to compensate over 29,000 New Yorkers who invested more than $1.1 billion through the Gemini Earn program. […] Powered by...
WOW Asks Court to Throw Out Filmmakers’ Expanded Piracy Liability Lawsuit
In 2021, Colorado-based Internet provider WOW was sued by a group of movie companies, including Millennium Media and Voltage Pictures. The filmmakers accused the ISP of failing to terminate the accounts of subscribers who were repeatedly flagged for sharing copyrighted material. These type of lawsuits have resulted in multi-million dollar judgments against Cox and Grande; a fate WOW hopes to avoid. The ISP challenged the claims and...