cryptocurrency

  1. Binance CEO Shocker: Nigerian Government Officials Under Fire Over Bribe for Freedom Demands Reported by Nairametrics

    Nigeria Binance CEO Shocker: Nigerian Government Officials Under Fire Over Bribe for Freedom Demands Reported by Nairametrics

    Allegations surface as Binance CEO reveals Nigerian officials demanded cryptocurrency bribes to release detained executives. Shocking revelation sparks scrutiny amid rising tensions. Explore implications for Binance's operations and Nigeria's regulatory climate In a development that has sent...
  2. Patricia's CEO Hanu Speaks Out: Clarifies Shutdown Rumors and Hacking Incidents

    Nigeria Patricia's CEO Hanu Speaks Out: Clarifies Shutdown Rumors and Hacking Incidents

    Patricia CEO, Hanu Fejiro Agbodje, addressed rumors surrounding the platform's alleged shutdown and accusations of mismanagement with a candid thread on a social media platform. Hanu began by emphasizing Patricia's pioneering role as Nigeria's first local cryptocurrency exchange, highlighting...
  3. Binance Founder Changpeng Zhao Convicted: Four Months in Prison for Money Laundering Charges

    Nigeria Binance Founder Changpeng Zhao Convicted: Four Months in Prison for Money Laundering Charges

    Changpeng Zhao, the founder and former CEO of Binance, has been sentenced to four months in prison by a United States District Court in Seattle. This ruling follows Zhao's guilty plea in 2023 to charges of money laundering, acknowledging the exploitation of the Binance platform by terrorist...
  4. CBN Imposes Ban on Moniepoint, Opay, Kuda, and Others Over Cryptocurrency Links

    Nigeria CBN Imposes Ban on Moniepoint, Opay, Kuda, and Others Over Cryptocurrency Links

    The Central Bank of Nigeria (CBN) has taken a decisive step to curb alleged cryptocurrency-related activities by imposing a ban on several microfinance banks, including Moniepoint, Opay, and Kuda, preventing them from opening new accounts and accepting new customers. Sources familiar with the...
  5. Nigerian Bitcoin Fans Respond to JP Morgan CEO's Dismissal of Cryptocurrency as a Ponzi Scheme

    Nigeria Nigerian Bitcoin Fans Respond to JP Morgan CEO's Dismissal of Cryptocurrency as a Ponzi Scheme

    Image Credit: Financial Times Jamie Dimon, CEO of JP Morgan Chase, has reignited the debate on cryptocurrency by labeling Bitcoin as a Ponzi scheme, sparking uproar in the financial and crypto communities. Dimon's criticism stems from his belief that Bitcoin lacks intrinsic value and cannot...
  6. Nigerians Stunned as Binance Executive Flees Custody Amid Legal Drama

    Nigeria Nigerians Stunned as Binance Executive Flees Custody Amid Legal Drama

    Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria for alleged tax evasion and other offenses, has reportedly escaped from lawful custody. According to sources familiar with the matter, the 38-year-old British-Kenyan citizen fled on March 22 from the Abuja guest house where...
  7. Bitcoin's Remarkable Surge: Record-Breaking $71,000 High Sparks Investor Excitement

    Nigeria Bitcoin's Remarkable Surge: Record-Breaking $71,000 High Sparks Investor Excitement

    Bitcoin reached a new all-time high, surging past $71,000 on Monday, driven by increasing demand for the cryptocurrency. The rally is fueled by optimism regarding potential interest rate cuts by the Federal Reserve later this year. According to Bloomberg data, Bitcoin hit its peak at $71,432...
  8. Nigeria's Crypto Exodus: Binance Ceases Naira Services, Triggers Market Disruption

    Nigeria Nigeria's Crypto Exodus: Binance Ceases Naira Services, Triggers Market Disruption

    Binance, one of the world's leading cryptocurrency exchanges, has announced the discontinuation of all services for Nigeria's fiat currency, the naira. The move comes amidst a growing regulatory conflict in the country, signaling a significant shake-up in the cryptocurrency landscape within...
  9. Naira Crisis: Nigeria Imposes $10 Billion Fine on Binance for Alleged Currency Manipulation

    Nigeria Naira Crisis: Nigeria Imposes $10 Billion Fine on Binance for Alleged Currency Manipulation

    The Nigerian government has imposed a colossal $10 billion fine on Binance, a prominent cryptocurrency trading platform, citing its alleged role in exacerbating the country's ongoing foreign exchange crisis. Bayo Onanuga, the Special Adviser on Information and Strategy to President Bola Tinubu...
  10. Cryptocurrency Crisis Deepens: Nigerian Government Arrests Binance Executives, Demands User List

    Nigeria Cryptocurrency Crisis Deepens: Nigerian Government Arrests Binance Executives, Demands User List

    Following weeks of speculation, the Financial Times has confirmed the arrest of two high-ranking Binance executives in Nigeria. The arrests occurred after the Nigerian government implemented a ban on the cryptocurrency exchange's website, leading to heightened tensions in the country's crypto...
  11. 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 Breaking News: TokenCoin Rockets to $35 Million in Funding!

    Buckle up, crypto enthusiasts! On October 8, TokenCoin, the American blockchain "mining-as-a-service" powerhouse, dropped a bombshell – they've just scored a whopping $35 million in a fresh funding round. And the best part? This financial rocket was led by none other than renowned Internet...
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    Money Chainlink Crypto News

    When a beginner investor picks among hundreds of cryptocurrencies to invest in, one often faces difficulties. Experienced investors recommend buying large and popular coins and little-known and promising assets. For example, in diversifying your investment portfolio, you can choose BTC, SOL, and...
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    Money What is cryptocurrency, crypto mining, and cryptocurrency trading in nigeria

    Cryptocurrency trading is the most popular investment method in the current market. There are many trading platforms for crypto trading. Such as Binance, Kucoin, Bittrex, Poloniex etc. NairaTrading is a cryptocurrency platform that shows the best crypto trading methods, skills, strategies...
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    Business Beyond crypto jokes: How crypto market crash will affect Nigerians – Nairametrics

    https://nairametrics.com/2021/05/22/beyond-crypto-jokes-how-crypto-market-crash-will-affect-nigerians/
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    Business How to Trade Bitcoin in Nigeria

    Nigeria is the second-largest Bitcoin market in the world, just behind the United States. Nowadays, everyone is aware of cryptocurrency, especially Bitcoin. An unknown individual or a group of people invented Bitcoin in 2008 with the name Satoshi Nakamoto. Whereas the use of the currency started...
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    Business Cryptocurrency ban’s to protect Nigerians, financial system — CBN - Vanguard Newspaper

    https://www.vanguardngr.com/2021/02/cryptocurrency-bans-to-protect-nigerians-financial-system-cbn/
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    Metro BREAKING: CBN bans Nigerians from buying, selling bitcoin, other cryptos - Peoples Gazette

    https://t.co/18LkPTXQuJ
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    Business Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria - Bitcoin.com

    https://news.bitcoin.com/ignorance-greed-sustain-cryptocurrency-scams-nigeria/
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    Money What is Bitcoin Blockchain?

    The blockchain is a public ledger that records all transactions carried out on the Bitcoin network. As the name implies, it is a chain of blocks that builds up relevant transactional details in a time-stamped series. There are different types of blockchain, i.e., public, private, hybrid, etc...
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