Day: August 30, 2022

Elon Musk Sends Second Letter Terminating Twitter Acquisition

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BTC price top warnings emerge as 10K BTC leaves wallet after 9 years

Bitcoin (BTC) hodlers are asking questions after 10,000 BTC dormant since 2013 suddenly left its wallet. On-chain data flagged on Aug. 28-29 confirmed a large tranche of Bitcoin had become liquid again after nearly a decade. “Lawless era” Bitcoin hit the road Analysts first began to notice curiously high transaction volumes this weekend as 5,000 BTC was included in a block. Having stayed in the same wallet since 2013, the funds, the owner of which remains unknown, were soon joined by a near identical 5,000 BTC a day later. In total,…

The Federal Reserve Just NUKED Crypto Markets! Selling Everything And Running..

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ICO acting against eight individuals over alleged theft of road traffic accident data from garages

The Information Commissioner’s Office (ICO) has commenced criminal proceedings against eight individuals over the alleged unlawful accessing and obtaining of people’s personal information from vehicle repair garages to generate potential leads for personal injury claims. The alleged activity took place across the UK between 1 December 2014 and 30 November 2017. The defendants are alleged to have conspired together to access and obtain the personal data of hundreds of thousands of individuals without the consent of the companies concerned. The defendants will now face prosecution for conspiring to commit an…

Nigerian Central Bank Slashes CBDC Transaction Fees by 50% – Africa Bitcoin News

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The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital currency (CBDC) platform. The central bank also believes that wider adoption of the CBDC will bolster Nigeria’s cross-border trade volumes. Boosting E-Commerce Transaction Volumes In yet another move aimed at boosting the embrace and adoption of the e-naira central bank digital currency (CBDC), the Central bank of Nigeria (CBN) reportedly said it will slash…

Binance Pay partnership allows UAE entrepreneurs to repay loans using crypto

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Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other regions. Targeting efforts in United Arab Emirate’s (UAE) mainstream corporate sector, Binance partnered with business lender Virtuzone, allowing new entrepreneurs to repay loans using cryptocurrencies. Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies after integrating Binance Pay into its payment gateway. In addition, by providing businesses the option to repay seed and other forms of…

Indonesia’s Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report

Kripto Maksima is one of 25 crypto exchanges registered with Indonesia’s Commodity Futures Trading Regulatory Agency, known as Bappebti. The regulator stopped issuing new registration certificates for crypto firms earlier this month, with the aim of making trading activities “transparent, efficient and effective,” Tech in Asia reported, referencing a Bappebti statement. Source

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Hodlnaut now placed under creditor protection after freezing withdrawals

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Singapore-based crypto lending firm Hodlnaut was placed under interim judicial management, a form of creditor protection program, by the Singapore court on Aug. 29. The court orders came three weeks after Hodlnaut froze all trading activities and withdrawals on its platform citing a liquidity crisis. In an official blog post on Aug. 30, the crypto lending platform notified its users that Ee Meng Yen Angela and Aaron Loh Cheng Lee, care of EY Corporate Advisors, were appointed as interim judicial managers. The blog post read: “The Court has delivered judgment…