Cryptocurrency Trading

Nigeria is tightening crypto regulations to tackle fraud, introducing hefty fines and jail terms while freezing over 1,100 traders’ bank accounts. These measures, though aiming to protect citizens, risk deterring investors and stifling innovation.

A careless cryptocurrency user just lost $25 million after sending Renzo restaked ether tokens to their safe module-a restricted holding account-instead of their safe wallet-a primary wallet that allows full access to funds.

A crypto expert and gang leader was assassinated in broad daylight under the hands of his own man at one of the busiest airports in the country.

A man from China, Jiangsu, accumulated significant debt after losing money in cryptocurrency and gambling. To cover his losses, he committed fraud by borrowing against luxury cars he didn't own, which led to his arrest and a three-year prison sentence for contract fraud.

South Korea's youth are increasingly defaulting on loans, particularly those linked to neobanks like K Bank, which has a default rate of 4.05% among customers under 30. Experts believe these defaults are tied to failed cryptocurrency investments, prompting calls for stricter loan screening to protect young borrowers from financial distress.

Tesla has transferred over $760 million worth of Bitcoin to various wallets, emptying its cryptocurrency holdings. This move comes after a long period of dormancy and raises questions about the company's future plans for Bitcoin, especially as CEO Elon Musk has previously hinted at potentially accepting it as payment again.

HTX has partnered with TradingView to allow users to trade cryptocurrencies directly within the TradingView platform, enhancing the trading experience. This integration provides users with easier access to HTX's services and resources, enabling more efficient and flexible trading strategies.

In an unprecedented move, the FBI has launched its own cryptocurrency, dubbed NexFundAI, as part of its strategy to combat market manipulation in the crypto space.

Justin Sun’s new role as Prime Minister of Liberland adds a political dimension to his crypto cause, although the micro-state founded in 2015 is not currently recognized by other countries.

Dubai, Switzerland, and South Korea have been identified as the top destinations for cryptocurrency businesses in 2024, thanks to their favourable tax policies, regulatory clarity, and growing market presence.