CryptoNews

Nigerian Crypto Firm Bitmama to Pay $1 Million for Startup That Raised $3 Million in February

December 9, 2023
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $1 million. Reports of Payday’s acquisition come almost a year after the startup raised $3 million in a funding round. Bitmama’s Pivot From Crypto The Nigerian crypto platform Bitmama is set to acquire the cross-border payment startup Payday for a reported sum of $1 million. The…
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CryptoNews

This Week’s Biggest Gainers and Losers: BONK, ORDI, BTT Lead Triple-Digit Growth in Booming Crypto Market

December 9, 2023
In the last week, bitcoin’s value surged by over 14% while ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed substantial gains throughout the seven-day span. Top Coins Thrive as Market Value Hits $1.7 Trillion Currently, the crypto market, featuring over 11,000…
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JPMorgan CEO Jamie Dimon Says He’d Close Crypto Down if He Were the Government – Featured Bitcoin News

December 8, 2023
JPMorgan Chase CEO Jamie Dimon told U.S. senators in a congressional hearing that he would close down crypto if he were the government. Emphasizing that he has always been “deeply opposed” to crypto and bitcoin, the executive stressed that the true use case of crypto is criminals, drug traffickers, money laundering, and tax avoidance. Jamie Dimon Wants to Shut Down Crypto, Bitcoin The chief…
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CryptoNews

US Lawmaker Blasts SEC for Deliberately Obfuscating Crypto Regulations — Questions Chair Gensler's Personal Agenda

December 7, 2023
A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,” said Congressman Tom Emmer as he questioned SEC Chair Gary Gensler’s personal agenda. ‘SEC Has a Deliberate Policy Preference to Provide Less Clarity to…
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