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CATEGORY

Crypto

Bitcoin Price Hit New Record High Above $71,000

Bitcoin price hit a new record high of above $71,000 on Monday. The biggest cryptocurrency hit a fresh high of $71,263.78, as per data...

Nigerian Government Hits Binance With $10bn Fine

The Nigerian government is demanding at least $10 billion as fine from Binance amid crackdown on the crypto exchange platform in desperate moves to salvage...

Two Binance Executives Arrested in Nigeria Following Website Block

The Financial Times has confirmed the arrest of two Binance executives in Nigeria this week. Both executives flew to Nigeria last week following a ban...

Binance Drops Naira From P2P Platform After Manipulation Fears

Crypto exchange Binance has removed Nigeria’s fiat currency, Naira, from the national currencies it supports on its peer-to-peer (P2P) platform. Meanwhile, the Financial Times reported that...

Binance Nigeria Moved $26 billion in Potential Illicit Flows in 1-Year

Crypto exchange Binance helped to facilitate potential illicit flow of $26 billion in funds from Nigeria through its platform in just one year. This was...

Nigeria Blocks Access to Crypto Trading Platforms Binance, Coinbase

Nigeria ordered telecommunications companies and other internet service providers in the West African nation to block access to cryptocurrency trading platforms, including those operated...

Bitcoin Hits $50,000 for the First Time Since 2021

Bitcoin hovered around $50,000 after scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts...

SEC Authorizes Bitcoin-Spot ETFs in Landmark for Crypto

US regulators for the first time approved exchange-traded funds (ETF) that invest directly in Bitcoin, a move heralded as a landmark event for the...

SEC X Account Hijacked to Falsely Say Bitcoin ETFs Approved

The US Securities and Exchange Commission (SEC) said it had not yet granted approval of spot-Bitcoin exchange-traded funds, and that a post that appeared...

Nigeria Naira Backed Stablecoin Set For Launch in February

A consortium of Nigerian financial institutions, fintechs, and blockchain experts, the Africa Stablecoin Consortium (ASC) is set to launch a compliant Nigeria Naira (cNGN) stablecoin...

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