Central Bank of Nigeria crypto ban now removed
In a notable policy shift, the bank officially revoked the Central Bank of Nigeria crypto ban, as disclosed in a circular on December 22, 2023.
The decision comes with stringent regulations for crypto companies, including compliance with the Money Laundering Act of 2022 and guidelines from the Nigerian Securities Exchange Commission.
NFPrompt (NFP) grew by 5,392% after listing
NFP witnessed a rapid growth of 5,392% and peaked at 46,911 VNDC after being listed on the ONUS application at 10:00 UTC on December 27, 2023.
Russia mulls cross-border settlements in crypto in H2 2024
Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, unveiled plans to legalize cross-border transactions with cryptocurrencies by the second half of 2024.
The initiative aims to leverage the St. Petersburg Exchange platform, with discussions currently underway.
Whale accumulated 500 BTC
According to Whale Alert, in the last 24 hours, 500 BTC was transferred from Coinbase to an unknown wallet. This amount of BTC is worth $21,210,566.
Whale accumulated 126,016 SOL
According to Whale Alert, in the last 14 hours, 126,016 SOL was transferred from Coinbase to an unknown wallet. This amount of SOL is worth $14,285,506.
Whale accumulated 4,470 BTC
According to Whale Alert, in the last 12 hours, 4,470 BTC was transferred from Coinbase to an unknown wallet. This amount of BTC is worth $189,963,609.
Tether mints another billion USDT
Since January, Tether’s market value has increased by nearly 38%, surging from $66 billion to $91 billion.
Cardano maintains dominance in developer activity charts
Cardano topped the chart for developer activity over the past 30 days. The network continues to eclipse prominent projects such as Polkadot, Kusama, Avalanche and Hedera.
BAKE rises 395.8% after 1 month, hits the highest in 20 months
In the past 24 hours, BAKE has skyrocketed to 22,579 VNDC, the highest level since April 25, 2022.
With the ATH of 216,830 VNDC, many investors still have high expectations for the potential breakthrough of this token.
Crypto investment products saw $103 million in weekly inflows
Cryptocurrency investment products saw inflows totalling $103 million in the week ending Dec. 22, according to CoinShares.
Bitcoin funds saw the largest inflows for any cryptocurrency, with over $87.6 million, representing 85% of the total.