Coins▪︎Trading▪︎Crypto News

2024-04-24 19:42:42 Nigeria denies freezing over 300 P2P accounts on more crypto exchanges amid forex concerns

Nigerian authorities are gearing up for the next phase of their crackdown on crypto trading, targeting peer-to-peer (P2P) platforms like OKX, Binance, KuCoin, and Bybit, according to a trending circular on social media platform X. Meanwhile, the Central Bank of Nigeria (CBN) said the information contained in the circular did not originate from it, claiming it is “fake content.” People familiar with the matter stated that backtracking on unpopular policies was not uncommon in the region.

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Coin | Trading | News Buka / Bagaimana

2024-04-24 10:56:27 El Salvador bitcoin wallet suffers source code, VPN access leak

El Salvador's bitcoin wallet has suffered a security breach, marking the latest attack on its national crypto program. Cybercriminal group CiberInteligenciaSV leaked on Tuesday snippets of the wallet's source code and VPN access information on an online hacking forum. The exploit marks one of the latest attacks against El Salvador’s official Chivo Wallet for bitcoin, which have plagued the program as the prices of some cryptocurrencies sail to two-year highs.

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Coin | Trading | News Buka / Bagaimana

2024-04-23 20:34:02 Bitcoin transaction fees surge to make up 75% of miner revenue post-halving

Bitcoin’s fourth halving introduced a long-term and a short-term shift in miner revenue composition as it reduced the amount of BTC rewarded to miners for each mined block by 50% — directly impacting miner incentives and, by extension, the broader Bitcoin economy. On April 19, just before the halving, transaction fees constituted 11% of total.

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Coin | Trading | News Buka / Bagaimana

2024-04-23 08:50:47 Bitcoin Layer 2 Tokens Outperform BTC Post-Halving

Bitcoin layer 2 solution tokens have demonstrated superior performance to BTC following the highly anticipated halving of the mining reward on the blockchain. Since the event, these tokens have surged by 5% to 20%, outpacing the top crypto by market cap. According to CoinGecko data, the market cap for Bitcoin layer 2 solutions is $4.3 billion, marking a 5.6% increase in the past 24 hours. Meanwhile, the trading volume is $184 million.

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Coin | Trading | News Buka / Bagaimana

2024-04-22 19:43:03 Thailand plans to block unauthorized crypto platforms from local users

Thailand's Securities and Exchange Commission has announced that it plans to block local access to unauthorized cryptocurrency platforms, and has asked local investors to move out their funds from such platforms. Following a meeting on April 19 with a government committee on preventing technology-related crimes, the SEC was ordered to submit information on locally unauthorized digital asset service providers to the Ministry of Digital Economy and Society.

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Coin | Trading | News Buka / Bagaimana

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2024-04-21 22:43:55 Shiba Inu (SHIB) Torches 392M Tokens As Burn Rate Shoots 57,000%

Shiba Inu’s (SHIB) burn rate, a crucial growth metric, has seen more than 57,000% in the last 24 hours, indicating a major push to boost its deflationary status. This implies that 396,286,654 SHIB have been burned within 24 hours. This burn rate is one of the largest that the dog-themed altcoin has seen in the last few weeks. On April 14, Shiba Inu saw a massive surge in its burn rate metrics that contributed to solidifying its deflationary status.

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Coin | Trading | News Buka / Bagaimana

2024-04-21 12:00:01 Grayscale’s Mini Bitcoin ETF ‘cheap’ fees are ‘hypothetical’ — analysts

Grayscale Investments' has declared its upcoming "mini" version of the Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF) will be almost a tenth cheaper than the current GBTC fees, making it the most cost-effective option among the approved spot Bitcoin ETFs. “This is pro-forma financials and as such hypothetical,” Balchunas explained in an April 20 post on X, arguing that while changes are possible before launch, the fees were intended to catch investors’ attention.

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Coin | Trading | News Buka / Bagaimana

2024-04-20 19:54:57 Binance tax evasion trial moved to May 17 in Nigeria

The tax evasion trial in a Nigerian court involving cryptocurrency exchange Binance and two of its executives has been adjourned to May 17. This delay occurred because the exchange had not yet been formally served with the charges. The FIRS lawyer argued that Gambaryan should represent Binance as the primary defendant, had been served, given that both Binance and its executives were charged together.

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Coin | Trading | News Buka / Bagaimana

2024-04-20 09:36:39 Human Rights Foundation launches Finney Freedom Prize to reward contributions to Bitcoin for 110 years

The Human Rights Foundation (HRF) unveiled the Finney Freedom Prize on Bitcoin’s fourth halving day to celebrate the flagship crypto for enabling greater financial freedom for the world. The award is designed to honor significant global achievements in Bitcoin and human rights, reflecting Finney’s vision of using technology as a tool for liberation. The inaugural Finney Freedom Prize was awarded posthumously to Hal Finney, recognizing his pioneering work during Bitcoin’s first halving era from 2009 to 2012.

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Coin | Trading | News Buka / Bagaimana