$40 million Crypto heist: FBI warns crypto firms over hackers’ plot
abokimallamfx Plans by hackers to cash out over $40 million in stolen funds through six Bitcoin addresses have been exposed by the United States Federal Bureau of Investigation (FBI). In an…
Cryptocurrency
Nigerians turn to cryptocurrency amid falling naira, as Bitcoin P2P trading rises
Against the backdrop of falling Naira, Nigerians are now massively hedging against the local currency by amassing dollar-denominated digital assets, in particular stablecoins and bitcoins. There are several different exchange…
Ukraine commences airdrop of WORLD Token
Ukraine has started to airdrop the WORLD token to eligible recipients in the country amidst the on-going conflict with Russia. WORLD will be distributed to those who donated cryptocurrencies to…
No single country can stop cryptocurrency, warns IMF
No individual country can stop cryptocurrency on its own, International Monetary Fund (IMF) has warned. Gita Gopinath, the IMF’s senior economist disclosed this while speaking during a lecture for the…
Why Bitcoin ‘founder’ is to keep 1 million Bitcoin
Craig Wright, a computer scientist who claims he is Satoshi Nakamoto that invented Bitcoin is to keep 1 million Bitcoin collection. This is after a Miami jury rejected claims that…
Cryptocurrency: How Nigerians are profiting from it
Nigeria is ranked 6th in the global crypto adoption index, according to a Chainalysis research paper on ‘The 2021 Geography of Cryptocurrency Report,’ released in October 2021. According to a…
Visa to launch an NFT program to support digital artists
American financial services corporation, Visa, is to launch an NFT program to support digital artists. The corporation announced in a press release that it was partnering with Micah Johnson, a…
U.S Federal Reserve has no plans to ban bitcoin or other cryptocurrencies
The United States Federal Reserve Chairman, Jerome Powell said regulation of the cryptocurrency market is critical, but the bank has no intention to outrightly ban bitcoin (BTC) or other digital…