The UK has introduced new legislation aimed at confiscating and eliminating illicit cryptocurrencies.
Kindly share this to othersNew UK laws now empower law enforcement to seize and destroy illegal cryptocurrencies without the need for prior arrests. These measures target the growing use of…
The US Department of Justice is pursuing a three-year prison term for the former CEO of Binance, CZ.
Kindly share this to othersThe U.S. Department of Justice (DoJ) is urging a three-year prison sentence for former Binance CEO Changpeng ‘CZ’ Zhao on money laundering charges. The recommendation, outlined…
As regulations tighten and competition intensifies, Binance experiences a decline in its global market share of crypto trading.
Kindly share this to othersBinance is witnessing a gradual decline in its global trading market share, attributed to various regulatory challenges and heightened competition from other exchanges. The cryptocurrency exchange…
The unstoppable ascent of Shiba Inu (SHIB): Transforming from a memecoin to a millionaire maker.
Kindly share this to othersShiba Inu, the well-known memecoin project, has recently grabbed headlines with a series of developments drawing attention from the cryptocurrency community. The project has successfully secured…
Founder of FTX Exchange Receives 25-Year Sentence for Fraud
Kindly share this to othersIn a dramatic turn of events, Sam Bankman-Fried, the founder of the now-defunct FTX cryptocurrency exchange, has been sentenced to 25 years in prison by U.S.…
The Future of Stablecoins: Could They Be the Key to Mass Adoption?
Kindly share this to othersThe rise of cryptocurrencies has ignited a global debate about the future of money, finance, and digital economies. Among the various digital assets, stablecoins have emerged…
“Wike challenges PDP governors, warning he could ignite trouble in their states.”
Kindly share this to othersNyesom Wike, the Minister of the Federal Capital Territory (FCT), has vowed to resist any attempt to take control of his People’s Democratic Party (PDP) structure…
Nigeria’s struggling naira could see some relief if the Federal Reserve cuts interest rates.
Kindly share this to othersA potential rate cut in the United States could offer much-needed relief to the naira, one of the worst-performing currencies this year. Nigeria’s naira has faced…
The SEC charges two brothers in a $60 million Ponzi scheme.
Kindly share this to othersThe Securities and Exchange Commission (SEC) has filed charges against Jonathan Adam and Tanner Adam for orchestrating a $60 million Ponzi scheme that defrauded over 80…
Binance CEO Richard Teng denies the $26 billion revenue allegation in the Nigeria lawsuit.
Kindly share this to othersOn Tuesday, Binance CEO Richard Teng emphasized the company’s history of resolving regulatory issues worldwide without involving employees, as executive Tigran Gambaryan, who heads Binance’s financial…
NYSC introduces redeployment option for married female corps members
Kindly share this to othersThe National Youth Service Corps has urged married female prospective corps members posted to states where their husbands are not located to seek redeployment. This directive…
Breaking: WAEC releases 2024 WASSCE results; 215,267 withheld
Kindly share this to others Table of Contents The West African Examinations Council (WAEC) has announced the release of the 2024 West African Senior School Certificate Examination (WASSCE) results for…
How long will the recession last?
Kindly share this to othersHow long will the recession last? Key factors and market impact The world economy has currently plunged into recession, which has caused a sector-wide effect, engulfing…
Bitcoin Miners Struggle With Low Profits and Rising Operational Costs
Kindly share this to othersBitcoin miners are facing tough times as they encounter new challenges. Last Wednesday, mining difficulty surged dramatically, and Bitcoin’s value dropped by $10,000 in one day.…
Bitcoin ETFs See $45M Inflows as Ethereum Funds See $24M Outflows
Kindly share this to othersDespite recent inflows signaling renewed confidence in Bitcoin ETFs, Grayscale’s GBTC continues to struggle with significant outflows, highlighting ongoing investor hesitation. A glimmer of hope emerges…