UAE Central Bank Approves Custodial Risk Insurance for Digital Assets
OneDegree executive suggested that the insurance protects Web3 asset managers from the risk of losing customer funds.
Fhumulani Lukoto
Cryptocurrency Journalist
Fhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.
All posts by Fhumulani Lukoto
Sky Mulls Dropping Wrapped Bitcoin Amid Concerns Over Justin Sun Ties
The team behind Sky, plans to drop WBTC due to alleged recent changes in ownership as they believe may involve Justin Sun or his affiliates.
UK Government Introduces Bill to Clarify Crypto’s Legal Status
The proposed legislation would establish a new category of property under UK law, defining digital assets as "things."
Australian Crypto Investors Await Clearer Regulations: Insights from Swyftx CEO
Swyftx, a crypto exchange, estimates that if regulations are established, two to six million Australians could enter the crypto market.
North Carolina Senate Overrides Governor’s Veto to Pass Federal CBDC Ban Bill
In a Senate vote to override the veto, 12 Democrats who initially supported North Carolina's bill to ban CBDCs switched their stance.
Japanese Power Giant TEPCO Explores ‘Green’ Bitcoin Mining
The company aims to prevent the waste of renewable energy caused by curtailment and encourage the broader adoption of Bitcoin mining.
Fractal Bitcoin: The Impact on Mining Revenues — A Boon or a Bane?
In August 2024, Bitcoin mining revenue hit its lowest point since September 2023, generating $827.56 million in fees.
Federal Reserve Issues Cease and Desist Order to Texas Bank Over Crypto Servicing
The US Federal Reserve reported finding "significant deficiencies" in the bank's handling of crypto clients and its risk management...
Bitcoin ATM Scams Spike 1,000% Since 2020: FTC Issues Warning
With the rise in BTC ATM scams, especially against older adults, the FTC and industry leaders emphasise the need for vigilance.