CryptoNews

India Mandates Cybersecurity Audits for Crypto Firms Under FIU’s Directive

Crypto Exchanges in India Now Face Bank-Level Compliance Obligations India has reportedly mandated cybersecurity audits for all cryptocurrency exchanges, custodians, and intermediaries, with the Financial Intelligence Unit (FIU) directing that virtual digital asset VDA service providers must hire auditors empanelled with the Indian Computer Emergency Response Team (CERT-In), according to a Sept.
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CryptoNews

Study: Bitcoin Dominates Crypto Purchases in Nigeria, South Africa

Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centralized exchange usage. Nigeria Fuels Sub-Saharan Africa’s Crypto Growth In March, Sub-Saharan Africa (SSA) saw a sharp surge in cryptocurrency usage, with monthly on-chain volume reaching nearly $25 billion, its highest since the beginning of the…
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Franklin XRP ETF Review Extended by SEC Amid Industry Optimism

Anticipation is surging around the Franklin XRP ETF as the SEC extends its review amid mounting institutional demand and XRP’s accelerating push into regulated crypto markets. SEC Extends Timeline for Franklin XRP ETF Amid Rising Investor Demand The U.S. Securities and Exchange Commission (SEC) revealed on Sept. 10 that it will extend its review period for Cboe BZX Exchange Inc.’s proposal to…
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XRP Breaks $3 Barrier Amid Bullish Momentum and Whale Activity

XRP briefly surged past $3 for the first time in nearly two weeks, peaking at $3.03 before settling at $2.96. An analyst believes XRP’s price action signals renewed interest from large investors. XRP’s Price Surges Past $3 On Sept. 9, XRP breached the $3 mark for the…
CryptoNews

BitMEX Research Report Flags BRC-20 as the Real Strain on Bitcoin Nodes

In a newly published report, BitMEX Research and its analysts say BRC-20 activity, not image inscriptions, is the greater strain on many Bitcoin node operators. UTXO Explosion Traced to BRC-20 Transfers, BitMEX Research Finds In the report, the researchers argue that small BRC-20 transfers expand the UTXO set and raise validation load more than large image data does. BitMEX Research frames the…
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