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Cleva Founders 'Uniquely Qualified' Nigerian fintech startup Cleva has secured $1.5 million in pre-seed funding, with support from the U.S. technology startup accelerator Y Combinator. The funding round was led by early-stage venture capital firm 1984 Ventures, along with participation from The Raba Partnership, Byld Ventures, Firstcheck Africa, and several angel investors. According to a […]

ASIC Accused of Neglecting to Follow International Regulators A government official in Australia has raised concerns about the country's securities regulator, accusing it of failing to issue a consumer warning regarding the Hyperverse crypto investment scheme. Stephen Jones, the assistant treasurer in the Australian government, plans to question the Australian Securities and Investments Commission (ASIC)

Brandt Questions Maximalists' Commitment to the Values of Bitcoin Veteran trader Peter Brandt believes that the expected approval of spot Bitcoin exchange-traded funds (ETF) may lead to a classic trading strategy known as "buy the rumor, sell the news." Brandt's observation is based on the enthusiasm of bitcoin maximalists who eagerly await the approval of

Delving into the Bitcoin World My foray into Bitcoin began in late 2022, where I started exploring the world of cryptocurrency investments. To my surprise, Bitcoin emerged as the best performing asset among the options I had been monitoring for 2023. This trend continued as I included Bitcoin once again in my list of 24

A nonprofit organization, Better Markets, has expressed dismay at the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Better Markets argues that the SEC's decision has allowed for the mass marketing of a financial product that is worthless, volatile, and filled with fraud. The organization believes that bitcoin

Coinshares International Limited has announced its acquisition of Valkyrie Funds LLC, a digital asset manager based in the United States. This move comes shortly after Valkyrie's spot bitcoin exchange-traded fund (ETF) received regulatory approval. The acquisition of Valkyrie, which includes their existing exchange-traded products such as the Valkyrie Bitcoin Fund (BRRR), the Bitcoin and Ether

When it comes to safeguarding your bitcoin, multisignature—or multisig for short—is widely acknowledged as one of the most secure methods. It can mitigate risks linked with exchanges and custodians while addressing common issues with self-custody. In this article, we will delve into the reasons why holding your own bitcoin keys is crucial, the basics of

As 2024 unfolds, the excitement in the cryptocurrency community is reaching a peak as the Bitcoin halving event approaches. This event has the potential to reshape the market landscape and has historically had a significant impact on the crypto scene. With insights from past halvings in mind, let's explore what the upcoming 2024 halving might

Introduction The U.S. Securities and Exchange Commission (SEC) has made history by approving 11 spot bitcoin exchange-traded funds (ETFs) for trading on U.S. stock exchanges. This long-awaited move has generated excitement in the cryptocurrency market. However, the response has been lukewarm, with ethereum stealing the spotlight and outperforming bitcoin. Additionally, a mysterious transfer of $1.19

Recent market insights indicate that on January 15, 2024, the stablecoin TUSD deviated from its usual $1 parity, dropping to $0.979 per coin the following day. However, by 10:00 a.m. Eastern Time (ET) on Tuesday, it managed to recover slightly and climbed above the $0.99 mark. TUSD's Fluctuations and Challenges TUSD has experienced fluctuations recently,