Tag: Cryptocurrency
Bitcoin hits record $72,000
Bitcoin, on Monday, March 11, 2024, hit a record high above $72,000, as the biggest cryptocurrency's surge showed no signs of slowing down.
Bitcoin was...
FG targets cryptocurrency to end naira freefall
The Federal Government has resolved to target cryptocurrency to end the continued depreciation of naira in the foreign exchange market.
The world’s biggest cryptocurrency exchange...
Reps to probe cryptocurrency, digital asset transactions
The House of Representatives has resolved to investigate the national security implications of the current status of cryptocurrency, blockchain, and other digital asset transactions...
Binance removes naira transactions from platform
Binance, a cryptocurrency trading platform, has announced the discontinuation of all its naira services commencing from March 8, 2024.
Effective March 5, Binance will cease...
FG slams $10bn fine on Binance over illegal transactions
The Federal Government has imposed a $10 billion fine on cryptocurrency trading platform, Binance, over alleged illegal transactions in the country.
The Special Adviser to...
2 Binance executives arrested in Abuja
Two senior executives at Binance have been arrested by security operatives in Abuja as the Federal Government cracks down on cryptocurrency exchanges in the...
Bitcoin nears $60,000 for first time in over 3 years
The world's largest cryptocurrency, bitcoin, surged for a fifth day on Wednesday, February 28, 2024, to near $60,000, which would mark its largest monthly...
Bitcoin rises above $57,000 for first time in 2 years
Bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday, February 27, on signs of heavy institutional buying, while smaller rival ether...
Fraudster jailed five years for $1.6m cryptocurrency fraud
The Economic and Financial Crimes Commission (EFCC) has secured the conviction and sentencing of Benjamin Ikaa to five years imprisonment for his involvement in...
CBN lifts ban on cryptocurrency transactions
The Central Bank of Nigeria (CBN) has lifted the ban earlier placed on cryptocurrency transactions in the country.
The CBN made this known via a...
