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Nigeria’s Largest Blockchain Innovation Hub Launched in Lagos, NITDA DG Represented at the Event

Yesterday Saturday 9th of March 2024, marked a significant milestone for the crypto and Blockchain sector in Nigeria, as the curtains were lifted on the largest Blockchain hub in Lagos,...
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SEC Delays Decision on Nasdaq and Cboe Exchange Proposals

In a Wednesday filing, the Securities and Exchange Commission (SEC) announced a delay in its decision-making process regarding proposals from both the Nasdaq and Cboe Exchange. The regulatory body cited...
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MicroStrategy Announces $600 Million Private Sale of Convertible Notes to Further Bolster Bitcoin Holdings

MicroStrategy, a leading software firm renowned for its substantial Bitcoin holdings, revealed plans on Monday for a private sale of $600 million worth of convertible senior notes. The purpose behind...
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Terraform Labs Stands Firm Against SEC’s Challenge to $166 Million Retainer Payment

Terraform Labs, a bankrupt crypto firm, has strongly defended its decision to pay a $166 million retainer to law firm Dentons, despite objections from the U.S. Securities and Exchange Commission...
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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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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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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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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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FTX Bankruptcy Lawsuit Alleges Firm Sullivan and Cromwell’s Complicity

Report has it that a class-action lawsuit has been filed against Sullivan and Cromwell (S&C), the law firm responsible for handling the bankruptcy proceedings of FTX, alleging its deep involvement...
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