News at its Zenith
News at its Zenith
Bitcoin. Image: GETTY IMAGES Cryptocurrency fluctuates as X account gets ‘compromised’. Bitcoin rose temporarily on Tuesday after a post on the US markets regulator’s X account (previously Twitter) stated it had approved new bitcoin exchange-traded funds (ETFs). Later, the Securities and Exchange Commission (SEC) erased the tweet and stated that its account had been […]
By Akinsuroju Olubunmi Crypto Hamsters Go viral and launched on Coinmarket cap Hamster Kombat, a popular tap-to-earn game on Telegram, has been making waves in both the gaming and crypto worlds. The game, which lets players manage a virtual crypto exchange as a hamster CEO, claims to have amassed over 250 million players in just […]
By Akinsuroju Olubunmi Police arrest Anambra young billionaire, B-LORD, over alleged sponsorship of terrorism Popular Anambra billionaire, Linus Williams Ifejika, widely known as B-LORD, was arrested by Nigeria Police Force operatives in Abuja on July 16. B-LORD, the Managing Director of BLord Group, BLord Real Estate Ltd., BLord Jetpaye Ltd., and Billpoint Technology, faces allegations […]
By Akinsuroju Olubunmi Crypto leader’s lavish birthday gift. Julius Elum, a prominent Nigerian cryptocurrency trading expert and founder of the influential community Crypto Hood, has made waves again with his recent act of generosity. Having established a significant presence in the crypto world on platforms like X and Facebook, Elum has mentored others to become millionaires […]
By Akinsuroju Olubunmi KuCoin halts Naira trading KuCoin, a leading cryptocurrency exchange, has temporarily suspended its peer-to-peer naira services and fast-buy service using naira cards. This decision was announced on Wednesday, following a recent meeting between the Nigerian Securities and Exchange Commission and major crypto stakeholders, where the unstable state of the naira was discussed. […]
By Akinsuroju Olubunmi Traders traceable, says Crypto expert in response to CBN Governor’s claims Obinna Iwuno, the President of the Stakeholders in Blockchain Technology Association of Nigeria, has countered claims by the Governor of the Central Bank of Nigeria, Olayemi Cardoso, regarding the anonymity of traders on the cryptocurrency platform Binance. In a statement made […]
By Akinsuroju Olubunmi Binance executives in NSA custody, unable to attend National Assembly hearing – Lawyer The House of Representatives convened on Monday to address the allegations of fraud leveled against Binance Holdings Limited, a prominent cryptocurrency exchange platform accused of exploiting the Nigerian currency, Naira, resulting in its depreciation. In addition to accusations of […]
By Akinsuroju Olubunm Ethereum L2 innovation: Blast testnet launch attracts $1.3 Billion as developers eye airdrop bonanza In a significant development for Ethereum’s layer-2 scaling, the Blast testnet has debuted amid a surge of enthusiasm, drawing over $1.3 billion from users eager for yield and airdrop rewards. Despite initial controversy surrounding Blast’s launch, the project […]
By Akinsuroju Olubunmi Cybercrime : Crypto trader Lawrence Success Karinate convicted for cybercrimes A Federal High Court in Ikoyi, Lagos, on October 6, 2023, handed down a conviction to Lawrence Success Karinate, a Peer-to-Peer crypto trader, for computer-related fraud. The Economic and Financial Crimes Commission (EFCC) released an official statement on its website, efcc.gov.ng, […]
Stock Exchange Commission bans Binance operation in Nigeria. It has come to the attention of the Commission that Binance Nigeria Limited, a cryptocurrency exchange platform, is currently operating in Nigeria without being registered or regulated by the Commission. This is a matter of concern as the Commission is responsible for ensuring the protection of investors […]
