Joselit Ramirez, head of the Venezuelan cryptocurrency authority Sunacrip, was arrested on March 18, according to reports from local media. Ramirez, who led the institution from its creation in 2018, was arrested for being allegedly involved in corruption schemes, including…
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MetaMask enables direct crypto purchases in Nigeria
Crypto investors in Nigeria no longer need to rely on centralized exchanges for buying cryptocurrencies like Bitcoin. Self-custody cryptocurrency purchases are becoming more accessible in Nigeria as major crypto wallet MetaMask expands direct on-ramps with local banks. On March 21,…
Argentine Tax Authority AFIP Detects Irregularities in 184 Digital Wallet Tax Statements
The Argentine tax authority (AFIP) is increasing its scrutiny when it comes to digital wallets. The institution recently revealed it found irregularities in at least 184 tax statements that include digital wallets and cryptocurrencies. These taxpayers did not include their…
Arbitrum token finds its way to OTC market before the airdrop
Following the Arbitrum airdrop announcement, crypto users who have been eligible for the airdrop are already selling them in OTC markets. The Arbitrum community is speculating and selling off their unreleased ARB tokens in over-the-counter (OTC) markets following the Arbitrum…
SpankPay crypto payment service shutters, citing ‘hostile banking environment
SpankChain was forced to close its crypto payment processor after the hunt for a new adult-industry-friendly service provider yielded no results. Ethereum-based adult entertainment platform SpankChain is shuttering its crypto payment processor, SpankPay, after losing its payment service provider Wyre…
US exploring ways to guarantee the country’s 18T of bank deposits: Report
The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount. U.S. officials are reportedly studying ways to expand the current scope of deposit insurance that would guarantee all U.S.…
Core Scientific to transfer $20M of equipment to settle bankruptcy dispute
Millions of dollars worth of electrical equipment will be transferred to the crypto miners’ exclusive energy negotiator to settle a payments dispute. A $20 million settlement between Bitcoin (BTC) miner Core Scientific and its energy negotiator Priority Power Management has…
Crypto.com customer accused of $7M spending spree granted bail
The judge said that imprisonment wasn’t necessary because Jatinder Singh couldn’t flee Australia without his Indian passport. The Crypto.com customer who was accidentally sent $6.95 million from the exchange in 2021 and then allegedly went on a spending spree has been granted…
Economist David Rosenberg Warns of ‘Crash Landing’ and Recession, Citing Fed Data
Famed economist David Rosenberg has warned of a “crash landing” and an impending recession for the U.S. economy. Referring to the Philadelphia Fed’s manufacturing index chart, he stressed: “Take a good hard look at this chart and tell me we…
DefiLlama resolves internal strife, sends LLAMA token plans alpaca’n
After resolving the issue internally, the forked variant of its analytics platform now redirects to the official website. Decentralized finance analytics platform DefiLlama appears to have resolved the internal conflict within its team that had earlier threatened a “forking” of…
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