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CATEGORY

Crypto

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...

Nigeria Lifts Ban on Crypto as Banks Can Now facilitate Transactions

The Central Bank of Nigeria (CBN) has lifted the restriction on banks from facilitating crypto transactions. The CBN has also released guidelines for banks and...

Bitcoin Soars Past $42,000 for First Time Since April 2022

The price of Bitcoin has surpassed $42,000 for the first time since April 2022, bolstered by industry-wide enthusiasm around potential upcoming ETF or exchange-traded...

Bitcoin Climbs Above $38,000 on Rate Cut Expectations

Bitcoin climbed back above $38,000 on Tuesday amid optimism the US central bank may be closer to lowering borrowing costs if inflation continues to...

Binance Aided Hamas Transactions Agrees to Pay $4.3bn in Fines

Binance Holdings Ltd and its Chief Executive Officer Changpeng Zhao pleaded guilty to criminal charges for anti-money laundering and US sanctions violations, including allowing...

US Seeks $4 billion From Binance to End Criminal Case

The U.S. Justice Department is seeking more than $4 billion from Binance Holdings as part of a proposed resolution of a years-long investigation, Bloomberg...

Binance Founder CZ Loses $12 Billion on Crypto-Trading Slump

The Bloomberg Billionaires Index slashed its estimate of revenues at crypto exchange Binance by 38% after data showed volumes at the firm declined this year. That wiped...

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