Lido Finance Implements Staking Rate Limits in Response to Massive ETH Influx

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Following a massive influx of staking requests in a single day, Lido Finance, the popular liquid staking protocol, has implemented a safety feature to limit staking rates. Looking Out for the Users The… Continue reading Lido Finance Implements Staking Rate Limits in Response to Massive ETH Influx

Central Bank of Nigeria (CBN) Seeks to Develop a Cashless Society Through CBDC eNaira

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Nigeria, the most populous country and largest economy in Africa, has been facing a financial crisis that has underscored the importance of cryptocurrencies for its over 219 million residents. Interestingly, despite the recent… Continue reading Central Bank of Nigeria (CBN) Seeks to Develop a Cashless Society Through CBDC eNaira

Custodia Bank Loses Appeal to Overturn Rejection of Federal Reserve System Application

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The United States Federal Reserve has denied the request from the cryptocurrency-friendly Custodia Bank to reconsider its application to become a member of the Federal Reserve System.  Crypto Isn’t Safe, Says Fed The… Continue reading Custodia Bank Loses Appeal to Overturn Rejection of Federal Reserve System Application

Major Hedge Fund Galois Forced to Close Doors as 50% of Assets Remain Trapped at Crypto Exchange FTX

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Galois co-founder Kevin Zhou has stated that the fund is no longer operational and has halted all trading since it is no longer sustainable after the FTX incident. Galois Capital, one of the… Continue reading Major Hedge Fund Galois Forced to Close Doors as 50% of Assets Remain Trapped at Crypto Exchange FTX

New York Regulators Announce Upgrade to Crypto Tracking and Compliance Suite

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The New York Department of Financial Services (NYDFS) has announced a new set of upgrades designed to help improve its ability to track and curb illegal activities among the entities it regulates.  Better… Continue reading New York Regulators Announce Upgrade to Crypto Tracking and Compliance Suite