Author: NBTC
Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, expresses gratitude to CoinW for listing SHEboshi (SHEB). In a recent tweet, Kusama called attention to the listing, which occurred on February 23, 2024, while thanking the exchange for adding support for SHEB. ICYMI !!! Thanks to our frens at .@CoinWOfficial 🤩 #SHEB #SHEboshis https://t.co/nFDZZCXbaf — Shytoshi Kusama™ (@ShytoshiKusama) February 27, 2024 Kusama’s tweet comes days after the official Shiba Inu X account celebrated the listing of SHEB on CoinW. Notably, Shiba Inu emphasized that the SHEboshi collection got its first listing less than a day after it sold out. CoinW…
House Majority Whip Tom Emmer’s bill, the CBDC Anti-Surveillance State Act, has surged forward this week, amassing a remarkable 120 cosponsors and garnering support from a diverse coalition of stakeholders. The legislation, which aims to safeguard Americans’ financial privacy amidst concerns of potential surveillance and government overreach, has been hailed as a crucial step in protecting constitutional rights and preserving the integrity of the financial system. Tom Emmer’s CBDC Anti-Surveillance Bill Gets Massive Support The bill introduced by Tom Emmer garnered coalition support and it achieved a significant milestone when. Senator Ted Cruz’s companion was reintroduced. Moreover, key supporters of…
Nearly two decades before the Bitcoin network revolutionized the digital world, Nobel Laureate Milton Friedman foresaw the emergence of digital currencies. His prediction of an electronic currency facilitating anonymous transactions has become a cornerstone in understanding the evolution of digital finance. Ahead of His Time: How Milton Friedman Envisioned Bitcoin Before the conceptualization of Satoshi Nakamoto’s Bitcoin, visionaries like Henry Ford, R. Buckminster Fuller, and Friedrich Hayek imagined monetary systems that resemble today’s digital currencies. Similar to the cypherpunks, their foresight predicted the groundwork for a financial revolution, leading to the eventual creation of cryptocurrencies. The historical narratives highlight the…
Twenty-Four companies have applied for licenses to operate digital asset exchanges in Hong Kong, marking a move in the city’s bid to establish a regulated hub for the industry. Notable applicants include Bybit, OKX, and Crypto.com. Among the list of applicants were Gate.io, HTX, and Bullish, each boasting notable trading volumes in the digital asset sphere. The application process came with a deadline of February 29th, after which platforms failing to submit must cease operations by the end of May. Angela Ang, Senior Policy Adviser at Blockchain Intelligence Firm TRM Labs, Source: LinkedIn Notably absent from the applicant roster were…
In response to Changpeng “CZ” Zhao’s legal entanglements and pending criminal sentencing for AML violations, the United States Department of Justice (DOJ) has filed a motion to bolster the bond conditions for the former Binance CEO. This move comes in the wake of Judge Richard Jones’ December order mandating Zhao’s presence in the continental U.S. until sentencing, thereby denying his appeals to travel to the United Arab Emirates (UAE) to be with his family. Prosecutors have cited the need for stricter conditions in line with the court’s directives, emphasizing the importance of ensuring Zhao’s compliance with legal proceedings and fostering…
In a recent post on the decentralized social network Warpcast, Ethereum Co-Founder Vitalik Buterin discussed his disappointment regarding Reddit’s upcoming IPO and user ownership initiative. However, Buterin appreciated Reddit’s experimentation with “contributor ownership.” Reddit shared the IPO details, inviting eligible users who have contributed to Reddit to take part in their IPO. Interestingly, the letter highlighted that only U.S. residents are allowed to take part in the IPO. The letter stated, We’re offering a Directed Share Program (“DSP”) that invites eligible users and moderators who have contributed to Reddit to participate in our initial public offering (“IPO”). (Including you!) Moreover,…
The Nigerian government has imposed a staggering $10 billion fine on Binance as part of a crackdown on the platform in an effort to stabilize the nation’s local currency. Bayo Onanuga, the special adviser on information and strategy to President Bola Tinubu, revealed the fine in an interview with the BBC, according to a report Premium Times reported on Friday. According to Onanuga, Binance has allegedly profited significantly from “illegal transactions” in Nigeria while the country has suffered substantial losses. Nigeria’s ONSA Confirms Investigation into Binance The Nigerian government’s move comes after the Office of the National Security Adviser (ONSA)…
Nigeria’s fiat currency is experiencing a significant decline in value against major foreign currencies, and the government is blaming cryptocurrency. On Feb. 21, Binance stirred controversy within the Nigerian crypto community by imposing a price cap on the USDT P2P exchange rate as part of its compliance efforts. In response to widespread backlash, the exchange quickly reversed this decision, allowing transactions to resume as usual. While the intention behind this action was to ease tensions, it might have unintentionally worsened the situation for Binance. This occurred as the government moved to block cryptocurrency platforms and specifically targeted the Binance website…
US Presidential Candidate Robert F. Kennedy Jr. has hailed cryptocurrencies as the best hedge against inflation. In a recent discussion with Caitlin Long, founder and CEO of Custodia Bank at ETHDenver, Kennedy said that cryptocurrencies reclaim control from both the government and monopolistic institutions, offering a myriad of freedoms to individuals. “And among the freedoms that we’re concerned about is the freedom to keep the fruits of your labor, which inflation robs you of,” he said. The Presidential Candidate added that cryptocurrencies provide the best hedge against inflation, safeguarding individuals’ financial well-being. There has been a growing interest and acceptance…
Cryptocurrency trading platform Binance has made the decision to remove the Nigerian currency, the naira, from its peer-to-peer (P2P) service, prompting discontent and concern among Binance users in Nigeria. This development coincides with reports that two Binance executives have been detained in Nigeria, with their passports confiscated. The executives had traveled to Nigeria to address the country’s ban on crypto exchange websites. Binance Removes Naira from P2P Market Binance has officially delisted NGN from the P2P market. pic.twitter.com/t13ko4ouXQ — Ade₿ayo (@juwon_adebayo) February 28, 2024 The removal of the naira from Binance’s P2P market follows claims by Nigerian authorities that the…