Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including paying some withheld amounts in digital tokens.In its Guidelines on Taxation of Virtual Assets, the Nigeria Revenue Service (NRS) said…

Crypto’s biggest players are still waiting to gain access to powerful new AI models to strengthen their code from attacks, as only a select few have been able to get it. US crypto exchange Coinbase said in June that it had…

HONG KONGRomance scams in Hong Kong net $9M in a single weekAn insurance agent in Hong Kong was fleeced out of $3.3 million after her fake online boyfriend convinced her to invest in a fraudulent crypto application. There were 25…

Boltz, a non-custodial Bitcoin swap service, says it is disabling its service until further notice after a rise in AI-assisted hacking attempts over the last few months.In a post to X on Monday, Boltz said the decision came after seeing…

FalconX, the digital asset prime brokerage that acquired crypto ETF issuer 21shares last November, has laid off roughly 10% of its global workforce as it prepares for a prolonged downturn in the cryptocurrency market, Bloomberg reported Monday.Citing people familiar with…

Bitcoin could confirm a bear-market bottom in August with a monthly close above $63,000, according to 10x Research.Markus Thielen, founder of 10x Research, said in a Monday report shared with Cointelegraph that Bitcoin closed July below the threshold needed to…

The Centre for the Promotion of Private Enterprise (CPPE) has urged the federal government and the Central Bank of Nigeria (CBN) to overhaul the country’s development finance framework, warning that Nigeria’s productive sectors face a financing shortfall of more than…

South Korean cryptocurrency exchange Bithumb said Monday it plans to apply for a preliminary listing review in 2027 and complete an initial public offering in 2028.Bithumb said it has reorganized its business structure, including spinning off Bithumb Asset, to clarify…

Just when you thought crypto was getting boring, a new phenomenon is lighting up Crypto Twitter — Fake World Assets (FWAs). Yes, really.It’s the latest iteration of the onchain gacha craze, where users receive a random collectible, or collectibles, that…

Hashdex said it will liquidate its eponymous spot-price Bitcoin exchange-traded fund this month, distributing the cash to all remaining shareholders and selling the fund’s roughly 225 BTC holdings.In a filing on Monday, the fund issuer said the decision was made…

The National Insurance Commission (NAICOM) has announced the successful completion of the twelve-month insurance sector recapitalisation exercise involving 43 insurance and reinsurance companies. The completion of the exercise was disclosed on Monday in a statement by NAICOM, which said it…

Bitcoin (BTC) starts the first full week of August circling $63,000 as traders weigh the impact of the ongoing Coldcard wallet hack.Key points:US Treasury Secretary Scott Bessent leverages a Federal Reserve repo facility for a joint intervention as the Japanese…

Strategy sold 1,638 Bitcoin from July 27 through Sunday, marking its second-largest BTC sale of the year.Strategy sold 1,638 Bitcoin at an average price of $63,957 for a total of $104.7 million, according to a Monday 8-K filing with the…

The odds of the Digital Asset Market Clarity Act’s (CLARITY) passage are dwindling as the US Senate is scheduled to begin summer recess at the end of this week, threatening another leg down for cryptocurrency valuations, according to wealth manager…

Ripple announced two new strategic investments as the blockchain-focused fintech seeks to expand access to tokenized financial assets on its blockchain ledger.The company said it made strategic investments in Zilo, which provides global transfer agency asset solutions for wealth managers,…