Lagos Police arraign cryptocurrency marketer over alleged N51.7m fraud
The Lagos State Police have arraigned a cryptocurrency marketer, Temitope Longe, before a Federal High Court sitting in Lagos for ...
Tag: Cryptocurrency
Crypto Scammers Steal $100m From Binance
Scammers have stolen $100 million in cryptocurrency from Binance, the world’s biggest exchange for cryptoassets, the firm said on Friday. ...
Nigerians trade N497bn Bitcoin amid CBN ban
Nigerians traded N497.35bn ($1.16bn) worth of Bitcoin from the beginning of 2021 to June 2022, indicating an increasing prominence of ...
Lagos Crypto Trader Jailed For Stealing N18m
A cryptocurrency trader, Shola Henry, has been sentenced to two years’ imprisonment by the Ikeja Special Offences Court, Lagos State, ...
Why Cryptos are not Allowed in Financial Transactions – CBN
The Central Bank of Nigeria (CBN) has cited reasons why it has not allowed cryptocurrency in the country’s financial system. ...
Naira Falls Big at Black Market as FX Supply Records Significant Decline at I&E Window
The exchange rate between the naira and the US dollar closed at N420.33/$1 at the official Investors and Exporters (I&E) ...
33.4 Million Nigerians Trade Crypto Despite CBN Ban – Report
About 33.4 million Nigerians now trade or own crypto assets despite the Central Bank of Nigeria’s restriction on cryptocurrency-related transactions ...
Binance Refuses Ukraine’s Request To Block Russian Accounts
On Sunday, Mykhailo Fedorov, the vice prime minister of Ukraine asked major exchanges to block the addresses of Russian users. ...
Ukraine’s President Appeals Crypto Exchanges To Block Russian Accounts
The government of Ukraine has continued to solicit that heavier sanctions should be imposed on Russia. Mykhailo Fedorov, Ukraine’s Minister ...
US Crypto Miners Expand Operations Despite Price Volatility
Crypto mining operations based in the United States are committed to increasing their hash power with more hardware despite Bitcoin’s ...
