Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector.
Category: Ethereum News
Gemini reaches settlement with IRA Financial Trust over $36M exploit
The lawsuit, initially filed by IRA in June 2022, alleged that Gemini misrepresented its security protections, resulting in an exploit that removed $36 million in […]
Donald Trump’s crypto platform is missing one thing
President Biden has been ruthless in his quest to eradicate the crypto industry. Trump should commit to pardoning the developers that Biden imprisoned.
Binance gets greenlight to invest customer assets in US Treasury Bills
The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis.
Kazakhstan pays for rail line to China using programmable CBDC
The second phase of the Kazakhstan central bank digital currency pilot focused on control of its many potential uses.
Liminal blames compromised WazirX devices for hack, claims UI not responsible
Compromised WazirX devices provided “legit transaction details” to Liminal’s network, allowing the attacker to drain the exchange’s funds, the MPC provider claimed.
Will UK Labour gov’t follow Germany’s example and liquidate 61,245 BTC?
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country’s Bitcoin […]
EU releases crypto-asset classification tools to help firms comply with MiCA
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come […]
Elon Musk lashes out at EU over ‘illegal’ free speech deal
The European Commission and Elon Musk’s social media site, X, look set to battle over alleged transparency violations.
WazirX breach post-mortem: Dismantling the $230M attack
The WazirX breach highlights vulnerabilities in multisig wallets despite stringent security measures, with hackers exploiting discrepancies in data.