Saturday, October 17

Business

US Marshals Investigate Claims around Stealing M in Seized Crypto

The US Marshals Service confirmed “the matter is under investigation” following claims that millions in government-seized crypto was stolen.US authorities have confirmed that an investigation is underway into claims that the son of a federal contractor tasked with safeguarding seized…

February is BTC’s Most Reliable Bullish Month: Analyst

Bitcoin’s (BTC) monthly gains have been limited to just 2.2%, but February could mark a bullish shift. Since 2016, the week ending Feb. 21 has recorded the highest median return at 8.4%, with Bitcoin closing higher 60% of the time.Key…

Nomura-Backed Laser Digital Reportedly Applies for US Bank Charter

Laser Digital, a full-service digital asset company backed by Japanese financial group Nomura, has reportedly filed for a US national bank trust charter, signaling that crypto-focused companies are seeking deeper integration into the US financial system amid a more permissive…

Nigeria’s national grid fully restored— NISO

The Nigerian Independent System Operator (NISO) has announced that Nigeria’s National grid has been successfully restored following a grid disturbance that occurred at about 10:48 a.m. on Tuesday. The development was disclosed in a statement posted on the official X…

Privacy Blockchains Seek Stablecoin Access as USDC Expands

Circle has introduced a privacy-focused version of its USDC stablecoin on Aleo, highlighting a broader push by privacy-oriented blockchains to gain access to regulated, dollar-backed assets as demand for onchain privacy tools grows.Circle and Aleo announced Tuesday that USDCx on…

Kalshi Expands Political Footprint with DC Office, Democratic Hire

The predictions market platform announced two new hires related to state policy efforts and relations with the federal government.Predictions market platform Kalshi said it will open an office in Washington, D.C., and hire “talent from both sides of the aisle”…

UK Avoids ‘US Malaise’ as FCA Finalizes Rules

The UK’s top financial regulator is finalizing its framework for the crypto industry. The rulemaking process has been long, but industry observers note that the country has avoided the political tit-for-tat that is hampering the US CLARITY Act.On Jan. 23,…

Bitcoin May Dip Below ,000 in This Week’s Volatility

Bitcoin (BTC) saw modest volatility around Tuesday’s Wall Street open as BTC price analysis saw a market bottom by the end of the month.Key points:Bitcoin should be safe from new local lows for the current US session, but the week…

Blackout across Nigeria as national grid collapses

Nigerians were on Tuesday morning thrown into darkness due to the collapse of the national electricity grid. This is the second time in less than five days that Nigeria’s national grid has suffered a disturbance resulting in a nationwide power…

US ‘Crypto Capital’ Claim Meets Developer Pushback

The White House praised President Donald Trump for making the United States the “crypto capital of the world,” and cast the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act as the catalyst in making the country the “global…

Bitcoin EMA Bear Cross Brings 2022 Comparisons

Bitcoin saw two long-term moving averages cross over for the first time since April 2022 in a fresh BTC price bear market warning.Bitcoin (BTC) bear market comparisons are growing as the weekly BTC price chart repeats April 2022.Key points:Two long-term…

Blackout across Nigeria as national grid collapses again

Nigerians were on Tuesday morning thrown into darkness due to the collapse of the national electricity grid. This is the second time in less than five days that Nigeria’s national grid has suffered a disturbance resulting in a nationwide power…

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