Nigerian central bank head criticizes Binance, execs reportedly arrested

Crypto exchanges have been suspected of destabilizing the Nigerian naira fiat, but the country’s top central banker said Binance moved billions from unidentified users in 2023. Read more »

Mt. Gox has reportedly paid some creditors twice due to ‘system issue’

Users of the r/mtgoxinsolvency Reddit board complained that they received double payments from Mt. Gox Trust and were now being asked to send the extra payment back. Read more »

Instagram to reportedly launch text-based app to rival Twitter

The upcoming app will maintain a Twitter-like centralized feed, allowing users to view content such as text, images and videos shared by followers and recommended accounts. Read more »

Spotify reportedly deletes thousands of AI-generated songs

The music streaming platform has removed tens of thousands of AI-generated songs from the platform created on the AI music-making platform Boomy. Read more »

Tencent Cloud to reportedly offer deepfake creation tool at $145

Tencent Cloud’s deepfake creation service can analyze and train itself on three-minute videos and 100 voice clips to produce a convincing deepfake video within 24 hours. Read more »

Microsoft reportedly testing Edge browser web3 wallet integration

The supposed screenshots show a non-custodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge. Read more »

Breaking: Paxos reportedly ordered to stop issuing Binance USD

A New York regulator ordered Paxos to stop issuing BUSD, the third-largest stablecoin by market cap. Read more »

FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong

The Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services. Read more »

Downfall of Canada's Lambo driving ‘Crypto King’ reportedly sees $35M in losses

Founder of fraud recovery law firm says the only other avenue available for investors would be to make reports to the Ontario Securities Commission or the police. Read more »