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Crypto

Delta Prime Hacked: Over $6 Million Stolen in Latest Crypto Cyberattack

In a recent report, the decentralized finance (DeFi) platform Delta Prime fell victim to a hack, losing nearly $6 million in digital assets. This incident marks another significant blow to...
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EFCC Secures Court Order to Freeze Over N548 Million ( $342500 ) from Crypto Users on ByBit, KuCoin Amid Naira Devaluation Concerns

According to nairametrics report, Nigeria’s Economic and Financial Crimes Commission (EFCC) has obtained a Federal High Court order to freeze N548.6 million held in bank accounts linked to suspected crypto...
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Crypto Community Reacts as Elon Musk’s X Removes Cryptocurrency Emojis

Elon Musk’s X is once again making waves in the cryptocurrency community by removing cryptocurrency emojis, which had been in use for over four years. The crypto community on X...
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South Korea’s Right-Wing Party Proposes Three-Year Delay in Crypto Gains Tax

South Korea’s right-wing People Power Party has introduced a bill to postpone the taxation of cryptocurrency gains by three years. If the bill passes, the implementation of the country’s crypto...
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Crypto Investor Falls Victim to $245,000 Scam After Fake a16z Podcast Offer

In a startling turn of events, a pseudonymous crypto investor known as Zaiken recently lost $245,000 to a sophisticated scam. The ordeal began when Zaiken received an unsolicited message from...
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IMF Calls for Stricter Regulation of Crypto Trading Platforms in Nigeria

The International Monetary Fund (IMF) has recently issued recommendations for the regulation of global crypto trading platforms operating in Nigeria. The swift rise of foreign exchange (FX) trading platforms in...
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Federal High Court Discharges Foreign Nationals in FIRS vs Binance Tax Evasion Case Amid Growing Crypto Scrutiny in Nigeria

According to recent reports, the Federal High Court has discharged Tigran Gambaryan, a 39-year-old American, and Nadeem Anjarwalla from the tax evasion case involving the cryptocurrency exchange giant, Binance. The...
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New York Man Pleads Guilty to $1.3 Million Crypto and Real Estate Fraud Scheme

Last week, a New York man admitted to defrauding investors out of more than $1.3 million through a series of elaborate fake cryptocurrency and real estate schemes report says. Thomas...
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U.S. Authorities Arrest Two in $73 Million Crypto Money Laundering Scheme

United States authorities have arrested two individuals accused of orchestrating a money laundering operation that funneled over $73 million through U.S. financial institutions and converted the funds into Tether (USDT)...
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Nigerian Fintech Giants Clamp Down on Crypto Transactions Amid Regulatory Pressure

In a move signaling a significant shift in Nigeria’s fintech landscape, major players like Moniepoint, PalmPay, and Paga have issued stern warnings to their users against conducting cryptocurrency transactions through...
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