Category: CryptoCurrency

Funding Roundup: Innovative Projects Attract Bigger Sums from Global VCs and Angel Investors

Amidst the stratospheric rise of defi and heightened demand for unique and innovative solutions, the global community of angel investors and VC firms is continuously engaging in private funding rounds and token sales. The resulting flood of capital demonstrates that entrepreneurs and startups play their part in developing a new generation of blockchain technology. Balancer…

South Korean Financial Supervisory Service Tasked With Crypto Market Oversight

The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. Financial Supervisory Service Takes Responsibility for Crypto Sector in Korea It took the government months to…

Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets

Allow Cryptocurrency Withdrawals to Third-Party Wallets: Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers to Third-Party Wallets Jose Fernandez da Ponte, Paypal’s head…

Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), predicts digital currency “will come to life even in Nigeria,” just months after the CBN ordered banks to stop supplying the crypto industry. While acknowledging his country’s status as one of the world’s biggest crypto markets, Emefiele claims his team is still investigating and will…

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