Day: May 4, 2023

OKX Exchange Faces Technical Issue With SUI Token, Compensates Affected Traders

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On May 3 at 18:40, the OKX exchange opened the spot selling of the SUI/USDT pair. Unfortunately, traders experienced a technical issue with canceling orders to buy SUI. This was announced on Twitter by the founder of OKX, Star Xu. The platform could not rectify the problem immediately, causing inconvenience to traders who were affected. Following the technical issue with the SUI token trading on the OKX exchange, customers who had placed orders to buy SUI tokens at a price exceeding 1.3 USDT could not cancel their trades. In response,…

Nigerian national blockchain policy gets government approval

The government of Nigeria — one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC) — has approved the National Blockchain Policy for Nigeria during its meeting on May 3, 2023. The approval was in response to a memo presented by Isa Ali Ibrahim, the Minister of Communications and Digital Economy. In the announcement, The Federal Ministry of Communications and Digital Economy (FMCDE) cited a report from PricewaterhouseCoopers (PwC) predicting the widespread adoption of blockchain technology across various industries could potentially contribute $1.76 trillion to the global gross domestic…

U.S. State Regulators Target Supposed AI-Crypto Tokens Using Images of Musk, CZ and Buterin.

The scheme operated by Horatiu Caragaceanu, The Shark of Wall Street and Hedge4.ai markets coins known as TruthGPT Coin (TRUTH). The token is using images of Elon Musk, Binance Chief Executive Officer Changpeng “CZ” Zhao and Ethereum founder Vitalik Buterin, said the Texas State Securities Board, which is joined by counterparts in New Jersey, Alabama, Montana and Kentucky. Source

Ukraine, US Shut Down 9 Cryptocurrency Exchanges – Bitcoin News

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Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from ransomware attacks and various fraud schemes. Cyberpolice, US Investigators Bust Crypto Exchanges in Ukraine Officers from Ukraine’s Cyberpolice unit and Main Investigative Department, working with the Prosecutor General’s Office, have seized nine cryptocurrency exchanges, the National Police of Ukraine announced. Representatives of the U.S. Federal Bureau of Investigation (FBI) also took part in what Ukrainian authorities described as a “multi-level…

Bitcoin eyes liquidity above $30K as gold hits new all-time high

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Bitcoin (BTC) reclaimed $29,000 overnight into May 4 as the United States banking crisis risked spawning new victims. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gold, Bitcoin benefit from U.S. banking mayhem Data from Cointelegraph Markets Pro and TradingView tracked a swift change of mood for BTC/USD, which hit $29,242 on Bitstamp. The pair had sunk to daily lows at the previous day’s Wall Street open as markets awaited a decision on interest rates from the Federal Reserve. At the same time, more U.S. regional bank stocks were suffering, the…

LeBron James wears rare NFT-driven Nike sneakers, attends NBA match

On May 3, basketball sensation LeBron James was recently spotted wearing a pair of limited-edition RTFKT x Nike Air Force 1 Genesis sneakers before the Los Angeles Lakers’ triumph in Game 1 against the Golden State Warriors during the NBA Western Conference Semifinals. These one-of-a-kind sneakers can only be acquired by purchasing an Ethereum non-fungible token (NFT) crafted by Nike-owned subsidiary, RTFKT. The image, which also includes Lakers’ athlete Anthony Davis, quickly caught the attention of RTFKT NFT admirers and was subsequently shared by the brand on various social media…