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Latest from Sheldon Reback
Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage 'Surge'
Pan-African crypto exchange Yellow Card has said it will seek licensing in the country.

First Mover Americas: Barry Silbert Resigns as Grayscale Chairman
The latest price moves in crypto markets in context for Dec. 27, 2023.

Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says
The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.

IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero's Technology
The Shimmer bridge, a tool that transfers value between different blockchains that connect to LayerZero, starts operating today.

Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.

Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke
Shifke is the CFO of Silbert's Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing.

Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
Payments through bank accounts are still awaited.

Telcoin Suffers Apparent $1.2M Exploit Related to Wallet Implementation on Polygon; TEL Drops 40%
Affected user balances will be restored as no private keys were stolen in the exploit, the developers said.

Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.

First Mover Americas: Optimism’s OP and Solana Rally
The latest price moves in crypto markets in context for Dec. 22, 2023.
