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Homepage > News > Business > Nigeria: SEC says some VASP applicants don’t meet requirements Nigeria stepped up its digital asset regulations in 2024, requiring that all VASPs obtain a new license from the securities regulator. Now, the watchdog has hinted that it may disqualify some of the applicants as they have not met its standards. The Securities and Exchange Commission (SEC) issued its first two licenses to Busha Digital and Quidax, two local exchanges, in September. Director Emomotimi Agama revealed at the time that the agency was reviewing dozens of other applications. Speaking recently at an industry event, Agama noted that not every applicant…

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Babylon is launching its Phase-2 testnet, named bbn-test-5, on January 8, 2025, at 9 AM UTC. This phase brings exciting upgrades, including an enhanced staking web app designed to test new features in the Babylon Proof-of-Stake chain.  The testnet aims to improve interoperability and foster collaboration among key protocol participants. The Babylon Phase-2 testnet integrates both Bitcoin PoS stakes and Signet Bitcoin stakes, with a focus on supporting developers, stakers, and participants. Source: X It allows users to register their Phase-1 stakes and explore new functionalities using the upgraded staking web app, which goes live at 10 AM UTC on January…

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Pepe has declined by 1.51% over the past 24 hours. A whale has sold 217 billion PEPE tokens worth $4.54 million. Over the past seven days, Pepe [PEPE] has seen significant gains, rising by 13.07%. These gains have boosted profit margins for long-term and large holders. Consequently, investors, particularly whales, have taken this opportunity to take profits.  According to SpotOnChain, a smart whale sold 217 billion Pepe tokens worth $4.54 million through Kraken. After the sale, the whale secured a profit of $767,000. Despite offloading these tokens, the whale still holds 1.21 trillion Pepe tokens worth $25.1 million across two…

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The year 2025 started off with a bang in the world of cryptocurrencies, especially when DTX Exchange revealed their proprietary blockchain known as Layer-1, which seemed like it would quickly dominate any user’s search query entered into Google. While established altcoins like Ripple’s XRP and Dogecoin (DOGE) are consolidating, the spotlight on DTX is growing brighter. Due to its unique offer, DTX Exchange could emerge as a completely new business combining conventional finance with crypto trading. DTX Exchange Is Becoming A Revolutionary Platform DTX Exchange is widely talked about for not only its innovative features but also its excellent presale…

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British multinational clothing and footwear retailer Next was up by more than 3% on Tuesday after it raised guidance following a strong festive period, with pre-tax profits expected to be more than £1bn.  Next’s gain came against the FTSE 100 trading in the red. The firm reported a better-than-expected 5.7% rise in underlying full-price sales for its fourth quarter so far, and upped its full-year pre-tax profit outlook once again, pencilling in a 10% jump to £1.010 billion. This compares with previous guidance for a 9.5% rise to £1.005 billion. To date, only a small number of UK retailers have…

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Este artículo también está disponible en español. Bitcoin (BTC) has surpassed the $100,000 threshold for the first time in two weeks, supported by revived momentum after the expected confirmation of Donald Trump’s US election win by Congress this week.  According to Bloomberg data, the market’s leading cryptocurrency climbed over 4% in the 24-hour time frame to hit $102,500 on Monday, recording a weekly rise of 11%—its highest surge since November 24. Bitcoin Rally Resumes: Surges Past $100,000 BTC’s performance in 2024 encountered a deceleration in late December as investors aimed to secure their gains. Nevertheless, enthusiasm for a pro-crypto government…

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After almost three months into the “reboot” of the C++ team, I would like to give an update about the team itself, what we did and what we plan to do. Team update The so-called C++ team currently consists of Paweł Bylica (@chfast), Greg Colvin (@gcolvin), Liana Husikyan (@LianaHus), Dimitry Khokhlov (@winsvega), Yann Levreau (@yann300), Bob Summerwill (@bobsummerwill), me (@chriseth) and (kindly “donated” by Eris Industries) RJ (@VoR0220). Paweł is the original author of the llvm-based EVM-to-native just-in-time compiler, re-joined in April and will continue improving the JIT. Greg joined in February and already achieved substantial speedups for the C++ implementation…

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Non-fungible tokens (NFTs) have changed the game for digital ownership. They provide a means to verify ownership of various digital items, including art and virtual real estate. However, as NFTs gain popularity, scammers are finding new ways to trick both newbies and seasoned collectors. That’s why knowing NFT scams to avoid is more important than ever. In this article we’ll cover why NFTs are vulnerable to fraud, the most common scams, real world examples and practical tips to keep your digital wallet safe. By the end you’ll have a clear map of red flags, best practices and the confidence to…

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Cryptocurrencies maintain a bullish stance as Bitcoin showcases upside momentum above the $100K mark. BTC changed hands at $101,830 during this publication, and magnified investor optimism suggests more gains. Its upside stance has triggered substantial movements in the altcoins space, with Hedera and Worldcoin stealing the show. Investor optimism drives BTC recovery Increased interest from United States investors drives BTC’s ongoing recovery. For instance, MicroStrategy has added its Bitcoin holdings for nine consecutive weeks. The firm now holds a whopping 447,470 BTC, establishing itself as a top player in the cryptocurrency industry. Bywire News@bywirenews·Follow📈 MicroStrategy boosts its BTC holdings with…

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Spot Bitcoin exchange-traded funds in the United States recorded nearly $1 billion in inflows on Jan. 6 as Bitcoin managed to recover to the $102k level. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded inflows of $987.06 million on Monday, marking their second straight day of inflows. Over these two days, the ETFs saw over $900 million in inflows each day, totaling nearly $1.89 billion. The recent jump in inflows nearly offset the streak of low demand observed in the latter half of December, during which the ETFs experienced approximately $1.9 billion in net outflows between Dec.…

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