Coinbase Launches Wrapped Bitcoin Token on Top of Solana
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Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with it, we’re excited to bring easy access to BTC.” Coinbase partnered with […]

Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000
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A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer nearly $30,000 to the federal government. The latest court decision came just a few months after other crypto firms, Paparaxy Global Ventures […]

Crypto.com Unveils ‘Level up’ Rewards Program, Integrates New Service Suite
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Singapore-based Crypto.com has unveiled its “Level Up” rewards program, seeking to deliver stocks, banking services, and cards under one roof. The company will integrate these new functionalities, offering 3% on stock deposit transfers, 7.5% rewards on idle cash balances, and 8% in uncapped rewards on card spending. With this move, including these new and improved […]

How Will Trump’s Win Affect the Crypto Market? Why Crypto All Stars Might Benefit?
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Crypto investors are buzzing after yesterday’s election results revealed Trump will return to the White House. His last term saw Bitcoin explode onto the global stage – and now traders are hoping for another bull run. With Trump’s track record of pro-crypto comments, several tokens are emerging as top picks for growth. Crypto Market Surges […]

African Payment System Gets Banker’s Endorsement, but Viability Questions Linger
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The Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion in processing costs. Boosting Local Currencies Africa’s recently launched Pan-African Payments and Settlements System (PAPSS) could potentially bring $50 billion of informal trade into the formal economy, Tunde Macaulay, head of Africa and offshore regions […]