By

Yusuf

Nigeria Hits Binance with $10 Billion Penalty Amid Forex Crisis Allegations

The Nigerian federal government has wielded its regulatory hammer, imposing a staggering $10 billion fine on the cryptocurrency trading giant Binance according to reports. The punitive measure comes amidst allegations...
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Binance Excludes Nigerian Naira from P2P Feature Amid Concerns Over CBN Clampdown

On Wednesday, the cryptocurrency trading giant Binance made a significant move by excluding the Nigerian Naira from its peer-to-peer (P2P) trading platform. This decision has sparked concerns among Nigerian users...
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Bitcoin Surges Above $60,000 Mark Amidst Bullish Momentum

Bitcoin, the leading cryptocurrency, continued its remarkable rally on Wednesday, breaching the $60,000 mark for the first time since November 2021. According to data from Coin Metrics, the price of...
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Nigerian Central Bank Governor Reveals $26 Billion Flow Through Binance

In a recent report, Olayemi Cardoso, Governor of the Central Bank of Nigeria, revealed staggering figures indicating that over $26 billion has been channeled through the popular cryptocurrency platform, Binance,...
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MicroStrategy Doubles Down on Bitcoin: Acquires Additional 3,000 BTC Amidst Crypto Rally

MicroStrategy, the business intelligence firm led by staunch Bitcoin maximalist Michael Saylor, has once again reinforced its commitment to the leading cryptocurrency by purchasing an additional 3,000 BTC for approximately...
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Nigeria Fintech Week 2024: Driving Inclusive Growth Through Fintech Innovation

The Fintech Association of Nigeria (FintechNGR) is proud to announce the theme for this year’s Nigeria Fintech Week (NFW 24), “Positioning FinTechs to Accelerate Inclusive Growth”. Which aims to highlight...
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Nathaniel Luz Comments on Nigerian Authorities’ Crackdown on Crypto Traders and OTC Exchanges Amid Naira Depreciation

In the midst of Nigeria’s government crackdown on crypto OTC traders, Nathaniel Luz, CEO of Flincap, has expressed strong opposition to the move, attributing the falling value of the naira...
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Binance Implements Price Cap on USDT Trading in Nigeria Amid Regulatory Pressure

In response to regulatory pressure from Nigerian authorities, Binance, one of the world’s leading cryptocurrency exchanges, has enforced a limit on the selling price of Tether (USDT) tokens on its...
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Circle Ceases Support for USDC on Tron Blockchain

In a recent announcement, Circle, the issuer of the popular U.S. dollar-pegged stablecoin USD Coin (USDC), revealed its decision to discontinue support for the token on the Tron blockchain. This...
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U.S. and U.K. Law Enforcement Unveil Major Takedown of Russian Cybercriminals Behind LockBit Ransomware Attacks

In a significant development targeting cybercrime, the U.S. Department of Justice (DOJ), in collaboration with U.K. law enforcement agencies, has unsealed an indictment against two Russian nationals, Artur Sungatov and...
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