cryptocurrency news

  1. Binance Nigeria Wahala: Government Demand Details of Top 100 Users from Detained Executives

    Nigeria Binance Nigeria Wahala: Government Demand Details of Top 100 Users from Detained Executives

    The Nigerian government, led by influential figure Bola Tinubu, has insisted that Binance, the world's largest cryptocurrency platform, disclose the identities and transaction details of its top 100 Nigerian users. This demand, according to reports by the Financial Times, is at the epicenter of...
  2. Bitcoin Surge to $60,000 Leaves Nigerians With Mix Emotions Over Government Clampdown

    Nigeria Bitcoin Surge to $60,000 Leaves Nigerians With Mix Emotions Over Government Clampdown

    Bitcoin soared to a new all-time high of $69,200 on Tuesday, driven by a surge in value since US regulators greenlit spot Bitcoin exchange-traded funds (ETFs) in January. The approval by industry giants like Fidelity and BlackRock led to an influx of more than $7.5 billion into the newly...
  3. Binance's Exit from Nigeria Sparks Diverse Reactions in Crypto Community

    Nigeria Binance's Exit from Nigeria Sparks Diverse Reactions in Crypto Community

    The cryptocurrency landscape in Nigeria is facing a seismic shift as Binance, a global crypto exchange giant, announces its departure from the market, ceasing services in the local currency. This unexpected development has triggered a cascade of reactions within the local crypto community...
  4. Binance Crisis Deepens: Nigerian Lawmakers Mull Arrests Over Alleged Financial Crimes

    Nigeria Binance Crisis Deepens: Nigerian Lawmakers Mull Arrests Over Alleged Financial Crimes

    Cryptocurrency giant Binance is ensnared in a mounting crisis in Nigeria as the nation's parliament deliberates issuing an arrest warrant for the company's executives. During a Monday investigative hearing, the House of Representatives Committee on Financial Crimes issued the threat after...
  5. Crypto Shock: Binance Confirms Collaboration with Tinubu Government to Block Dollar-Naira Exchange

    Nigeria Crypto Shock: Binance Confirms Collaboration with Tinubu Government to Block Dollar-Naira Exchange

    In an unexpected turn of events, Binance, the world's largest cryptocurrency trading platform, has confirmed its collaboration with President Bola Tinubu's administration to block Nigerians from engaging in dollar-naira trade on its platform. The announcement, made in a commitment to P2P users...
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    Business Winklevoss twins’ Gemini cutting 10% of its staff, saying ‘crypto winter’ is here - CNBC

    https://www.cnbc.com/2022/06/02/winklevoss-twins-gemini-citting-10percent-says-crypto-winter-is-here.html
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    Business Crypto firms say thousands of digital currencies will collapse, compare market to early dotcom days - CNBC

    https://www.cnbc.com/2022/06/03/crypto-firms-say-thousands-of-digital-currencies-will-collapse.html
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    World Elon Musk hits back at dogecoin creator over his claim the billionaire struggled with coding: 'My kids wrote better code when they were 12'

    https://www.businessinsider.com/elon-musk-fires-back-at-dogecoin-creator-grifter-coding-claims-2022-5
  9. Nigeria Business News

    Business Five firms abandon Facebook’s ‘Libra’ currency, as Vodafone announces exit – Nairametrics

    Three months after Mastercard and Visa pulled out of Libra, a cryptocurrency owned by Facebook, it seems the exit door is still open as another member of the Libra Association takes a bow. The new member exiting Libra is a telecommunications company, Vodafone.... Read more via Nairametrics...
  10. Nigeria World News

    World France will block development of Facebook Libra cryptocurrency – The Guardian Nigeria News

    France warned Thursday it will block the development of Facebook’s planned Libra cryptocurrency in Europe because it threatens the “monetary sovereignty” of governments..... Read more via The Guardian Nigeria News – https://ift.tt/34FbkZ0 Get more World News
  11. Nigeria World News

    World Here’s why Satoshi Nakamoto set Bitcoin’s supply limit to 21 million – The Next Web

    Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and info to keep you up to date in the cryptocurrency and blockchain world. When Satoshi Nakamoto built Bitcoin, design choices were made that effectively limits the number of Bitcoins that will ever exist … Read more via The...
  12. Nigeria Business News

    Business Nigerians Turn To Cryptocurrencies – Leadership Newspaper

    The need to secure the financial future of families is turning Nigerians and Africans in general towards investing in cryptocurrencies, a new study has shown. Findings from the Luno ‘Future of Money’ survey, which took the views of more than 7000 respondents across Europe, … Read more via...
  13. Nigeria World News

    World China Says Bitcoin Is Wasteful. Now It Wants to Ban Mining – Wired

    China’s bitcoin miners have long embodied a contradiction. Cryptocurrency trading is illegal in the country; initial coin offerings, used to fund new blockchain projects, are banned; and Chinese banks can hardly touch the stuff. And yet somehow the country has remained the epicenter of global...
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    Business Google Cryptocurrency Ad Ban Has Been Relaxed – Ubergizmo

    To prevent people from falling victim to cryptocurrency scams that were reaching a fever pitch during the heights of the cryptocurrency boom just a few months ago, Google decided to ban all sorts of cryptocurrency-related ads on its network. The internet search giant has now decided to relax...
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    How Nigerian SMEs can leverage cryptocurrencies – BusinessDay Newspaper

    On the first week of June, 2018, the volume of transactions in bitcoin rose to more than 1.5 billion (worth N1.4 billion) from 1.3 billion traded the previous week in Nigeria, according to LocalBitcoins. Majority of those transactions were made by individual investors through … Read more via...
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    Bitcoin Rebounds To $8,000 As Cryptocurrency Market Surpasses $320bn – Leadership Nigeria...

    The crypto market momentum remained bullish, closing the market on Friday at $8,000 per coin just as the cryptocurrency market surpassed $320 billion. Bitcoin and other cryptocurrencies made sharp reversal from their lows a day earlier. According to the data on CoinMarketCap, Bitcoin trading...
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    World Ripple’s XRP sinks to its lowest levels since the cryptocurrency ‘bloodbath’ – ripples xrp

    Ripple’s XRP sinks to its lowest levels since the cryptocurrency ‘bloodbath’ Markets Insider Full coverage via ripples xrp – Google News – http://ift.tt/2GxgUke Get more World News
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    Business Can Bitcoin Be Regulated? U.S. Courts Are About to Decide – Bloomberg

    The U.S. is trying to regulate cybercurrency offerings. It’s still unclear whether it has the authority to do so. Federal judges in Brooklyn, New York, are about to rule on the question. In doing so, they could determine whether Bitcoin and other stateless currencies are securities that can be...
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    World The Winklevoss Twins Lost Almost $1 Billion in Recent Bitcoin Price Drop – cryptocurrency...

    The Winklevoss Twins Lost Almost $1 Billion in Recent Bitcoin Price Drop E-Money Chat (blog) Full coverage via cryptocurrency how much lost – Google News – http://ift.tt/2FUjC2C Get more World News
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