Superlogic, the company behind blockchain and AI-driven loyalty systems, has successfully completed a funding round, raising $7.6 million from investors. Backers such as Amex Ventures, Sangha Capital, and 10SQ Capital took part in this financing, pushing Superlogic’s total investment to more than $15 million. The newly acquired funds will expedite the rollout of Superlogic’s advanced … Read more
According to a recent report by CertiK, there’s been a significant increase in the use of Tornado Cash, a blockchain mixing service, by criminal elements for cryptocurrency exploits. In the first quarter of 2024 alone, this security firm identified nearly 60% (or 134 instances) of money-laundering activities involving this service. In Q1 2024, out of … Read more
GameFi is an emerging field that combines gaming and finance using blockchain technology, cryptocurrencies, and NFTs. In this realm, players can earn real rewards while playing games. This innovative sector merges with Web3, the decentralized internet concept, to create user-owned platforms and engaging gaming experiences. The popularity of GameFi is on the rise, and experts … Read more
Starting from April 25, Coinbase International Exchange and Coinbase Pro are teaming up to introduce trading for $WIF perpetual futures for customers residing outside the US. This move reflects the escalating demand for crypto derivatives beyond American borders, providing access to the Solana-linked memecoin, dogwifhat. Starting from 25th April, 2024, 9:30 am UTC onwards, Coinbase … Read more
Binance Nigeria’s top compliance officer, Tigran Gambaryan, who is currently detained at Kuje Correctional Centre following his arrest in February, is in discussions with the authorities for his release. The Economic and Financial Crimes Commission (EFCC) has accused him of aiding money laundering activities. The Federal Government, represented by the Federal Inland Revenue Service (FIRS), … Read more