BIGCAP COINS:

1. Bitcoin: Market Cap of $1.2 Trillion.
2. Pepe: Market Cap of $4.8 Billion.
3. Solana: Market Cap of $61.3 Billion.

MIDCAP COINS:

1. LayerZero: Market Cap of $773 Million.
2. Super Trump: Market Cap of $23.7 Million.
3. Notcoin: Market Cap of $1.5 Billion.

RISING COINS:

1. MAGA: Market Cap of $371 Million.
2. Biaoqing: Market Cap of $35.6 Million.
3. Mog Coin: Market Cap of $335 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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The Nigerian Securities and Exchange Commission (SEC) has revamped its regulations on digital assets, signaling a progressive shift in its approach to cryptocurrency governance. By updating rules related to the issuance, exchange, and custody of digital assets, the SEC aims to foster a more robust and adaptable regulatory landscape. This includes the launch of the Accelerated Regulatory Incubation Programme (ARIP), designed to help Virtual Assets Service Providers (VASPs) meet new compliance standards efficiently.

Amidst growing global interest, Nigeria’s proactive stance enhances its position in the digital currency market. The SEC’s amendments follow significant crypto adoption in the country, marked by Nigeria ranking highly in global crypto engagement metrics. Such measures underline the SEC’s commitment to not just policing but also promoting the crypto sector.

With a new directive, the SEC establishes a special onboarding window via its ePortal, urging VASPs to register within 30 days to avoid strict penalties. This move underscores the importance of regulatory compliance while supporting the growth and innovation within Nigeria’s burgeoning crypto economy.

Source

When you first start using Bitcoin, you might come across the term “confirmations.” This concept is fundamental to how Bitcoin transactions work, ensuring their security and immutability.

This article explores what confirmations are, and how many confirmations for bitcoin transactions are necessary. Let’s break it down in simple terms.

A confirmation for a transaction occurs when a it is included in a block, and added to the blockchain.

The blockchain is a public ledger where all Bitcoin transactions are recorded. When you make a Bitcoin transaction, it is broadcast to the network and waits to be included in a block by miners.

Miners are participants in the network…

Read more on bitcoinnews

Standard Chartered is set to revolutionize its offerings by launching a new spot trading desk for bitcoin and ether. According to a Bloomberg report, this initiative will place the global bank at the forefront of cryptocurrency trading. Located in London, the trading desk will integrate with the bank’s existing FX trading operations, marking a significant stride towards embracing digital currencies.

This development positions Standard Chartered as one of the first major banks globally to deal directly in the buying and selling of cryptocurrencies. While many institutions have ventured into crypto derivatives, Standard Chartered’s move into spot trading underscores a growing confidence in the stability and future of digital assets.

By stepping into spot cryptocurrency trading, Standard Chartered not only diversifies its financial services but also signals robust support for the mainstream acceptance of cryptocurrencies. This could potentially influence other major banks to consider similar expansions, further bolstering the crypto market’s legitimacy and resilience.

Bloomberg