The Federal Government has taken action against the online operations of Binance along with several other digital currency entities…
Binance, the renowned cryptocurrency exchange, has publicly denounced the subsidiary, Binance Nigeria Limited, labeling it a “scammer entity.” Changpeng…
Investors have withdrawn over $6bn from Binance’s BUSD token in the past month amid regulatory scrutiny. New York’s financial regulator halted the issuance of the stablecoin due to unresolved issues with Binance’s relationship with Paxos, leading to BUSD in circulation falling by over a third. Analysts suggest that the outflow could affect Binance’s financial performance as BUSD is a significant part of its business. This comes as US authorities increase their scrutiny of the crypto industry, including stablecoins, which play a vital role in crypto trading. Coinbase also delisted BUSD due to no longer meeting listing standards.
Elon Musk agreed to foreign investment in his buyout of Twitter, which potentially invites the same scrutiny regarding national…
On a mission to further deepen crypto adoption in Africa is Nigerian crypto startup Nestcoin which is building out…
Binance, the world’s largest cryptocurrency exchange by volume, is probing 281 Nigerian personal accounts for possible regulatory breaches. The…
The popular reality tv show, Nigerian Idol which is set to return has revealed that the Nigerian singer, D’banj…
The hacker behind one of the largest cryptocurrency heists to date has returned almost half of the $600m (£433m)…