Crypto News
Nigeria Embraces Blockchain: SEC Director General Sees Huge Potential for Capital Market Regulation
The director general of the Nigerian Securities and Exchange Commission (SEC) has praised blockchain technology for its potential to improve efficiency and aid in capital market regulation. Blockchain Solutions for Africa’s Challenges Emomotimi Agama, director general of the Nigerian Securities and Exchange Commission, praised blockchain technology, saying it has the potential to improve efficiency andSource link
Cleanspark Achieves $162 Million in Revenue at $34,000 per Bitcoin Mining Cost
Bitcoin mining firm Cleanspark reported $162.3 million in Q4 2024 revenue, a 120% year-over-year increase. With 10,500 BTC in reserves and a mining cost of $34,000 per bitcoin, the company is expanding operations across the U.S. Cleanspark’s Bitcoin Treasury Grows to 10,500 BTC Cleanspark has announced the release of its Q4 2024 financial results, reportingSource link
FBI Warns: Valentine’s Day to Bring a Surge in Crypto Fraud—Don’t Get Trapped
The FBI warns that scammers are exploiting Valentine’s Day to lure victims into fraudulent cryptocurrency investments, using fake identities and deceptive websites to steal funds. FBI Alert: Crypto Con Artists Are Using Valentine’s Day to Lure in Victims The FBI Philadelphia Field Office is warning the public about a rising trend in crypto-related scams, particularlySource link
Coinbase Quietly Becomes a Banking Giant—Now Bigger Than Most US Banks
Coinbase is transforming into a financial giant, rivaling banks and brokerages with $420 billion in assets. CEO Brian Armstrong envisions a future where crypto dominates financial services. Coinbase Surpasses Banks, Envisions a Unified Crypto-Powered Financial System Coinbase (Nasdaq: COIN), the largest publicly traded cryptocurrency exchange in the U.S., has quietly expanded its role in theSource link
Ripple: Congress Crypto Clarity Push Is ‘100% a Big Deal’—A Shift Like Never Before
Top U.S. lawmakers have pledged to pass crypto legislation, marking an unprecedented shift toward regulatory clarity. Ripple calls it “100% a big deal” amid industry optimism. Ripple Says ‘100% a Big Deal’—Congress Makes Historic Move for Crypto Clarity U.S. lawmakers are advancing efforts to establish clear regulations for the cryptocurrency industry, following directives from PresidentSource link