Posted inCyber Security Exchange NEWS
Chelsea FC Sponsor BingX Tries to Hide $52M Hack Under Wallet Maintenance
BingX, a Singapore-based cryptocurrency exchange, has acknowledged the security breach that resulted in users’ asset…
Nigeria’s $1.5B Target for Halal Economic Strategy
The Nigerian government is setting up a plan to position the country as a leader…
Posted inCrypto Economy NEWS Regulations
Understanding the US Fed Rate Cut and Its Effects on the Nigerian Naira and the Crypto Market.
Following the U.S. Federal Reserve’s monetary policy arm, the Federal Open Market Committee (FOMC) meeting…
WalletConnect set to airdrop 185M WCT with native token launch
WalletConnect, a web3 communications protocol that connects crypto wallets to decentralized applications, is set to…
Posted inEconomy NEWS Stablecoins
New Report: Nigeria and Others Top in CBDC Global Adoption
About 134 countries, constituting 98% of the representing 98% of global GDP, are currently exploring…
Explore the Value of CET and the New Trend of Platform Token Development
Platform tokens have gained increased attention from crypto market users, with a market capitalization of…
Nigerian CPI Report Indicates Gradual Decrease In Inflation
The Consumer Price Index (CPI) report published by the National Bureau of Statistics (NBS) highlights…
Posted inEconomy NAIRA RATE NEWS Stocks
Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond
Nigeria’s foreign exchange (FX) reserves increased by $621.2M in 10 days following the recent sale…
Posted inCrypto NEWS Stablecoins
The Issuer of USDC Stablecoin, Circle Moves HQ to New York Ahead of IPO
The company behind the world’s second-largest stablecoin, Circle Internet Financial, is moving its global headquarters…
ECOWAS Suspends Single Currency Plans Sighting Political Challenges
After years of planning and setbacks, the Economic Community of West African States (ECOWAS) has…
MicroStrategy Increases Total Bitcoin Holdings to 244,800
Business Intelligence and Software company, MicroStrategy, publicly declared that it has purchased roughly 18,300 Bitcoin—BTC…
SiBAN Leadership Crisis: Board of Trustees Expells Executives
SiBAN (Stakeholders in Blockchain Association of Nigeria), the group leading the advocacy for the adoption…
Posted inCrypto NEWS Regulations
Around $670,000 Freezed by Nigerian Regulator Over Unregulated Crypto P2P Trades
The Nigerian regulator has reportedly freezed N548.6M (about $670,000), supposedly in the account of users…
Posted inNEWS Regulations
US Diplomats Rally Behind Binance for the Release of Gambaryan
Some personnels, including the US Ambassador to Nigeria, have reportedly rallied behind Behind to request…
Posted inCrypto NEWS Stablecoins
Tether Reports $6.2B In Profit Surpassing BlackRock’s Profit
Tether, the largest issuer of stablecoins, has released a report highlighting its remarkable profit of…
Posted inCrypto NEWS Regulations
FATF Reports: Majority of African Countries Struggle with Crypto Regulations
The Financial Action Task Force (FATF) has released its fifth review on how effectively countries…
Chainalysis Report: Nigeria and India Leads in Global Crypto Adoption
India, Nigeria, and Indonesia top the report released from the highly anticipated 2024 Geography of…
Posted inCrypto NEWS Regulations
BoG: The Draft Guidelines For Crypto Regulation in Ghana
The Central Bank of Ghana—BoG recently released draft rules for crypto regulations in Ghana to…
Posted inCrypto NEWS Stablecoins
Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B
The current Coingecko State of Stablecoins 2024 report shows that fiat-backed stablecoins with $161.2B Markets…
CoinEx Launches Innovative Products and Buyback Strategy to Boost $CET Token Value
CoinEx has recently revamped its $CET introduction page and upgraded its products and services, introducing…
Posted inCrypto NEWS Regulations
SEC Nigeria to Crackdown on Unregulated Crypto Exchanges.
Nigeria's SEC — Securities Exchange Commission will take actions against unregulated crypto businesses, ensuring investors'…
Posted inCrypto NEWS Regulations
South Africa to Tax Crypto Traders in the region
The South African Revenue Service (SARS) is updating its regulations and issuing tax notifications to…
Fidelity and MasterCard Partners to Launch Fidelity Send
Fidelity Bank Plc, a prominent bank in Nigeria, and Mastercard have teamed up to introduce…
Understanding the Nigerian Government FGN Dollar Bond.
The Domestic FGN US Dollar Bond is a new financial instrument introduced by the Federal…
Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000
In compliance with the instructions of the Federal Inland Revenue Service (FIRS), fintech establishments have…