Crypto

Crypto crash wipes out $400bn as bitcoin falls to lowest level since April

The global cryptocurrency market has suffered one of its biggest drops this year, losing...

Nigeria sues Binance for $81.5 billion in economic losses

Nigeria has filed a lawsuit against cryptocurrency exchange Binance, demanding $79.5 billion in damages...

Bitcoin crosses $100k for the first time

Bitcoin has reached a historic milestone by surpassing the $100,000 mark for the first...

Nigeria imposes 7.5% VAT on crypto transactions

Cryptocurrency traders in Nigeria will be subject to a 7.5% value-added tax (VAT), starting...

U.S. pressure mounts on Nigeria over Binance executive’s detention

A group of 108 former United State federal prosecutors and agents have signed a...

Nigerian court adjourns trial of Binance executives to June

The Federal High Court in Abuja has postponed the tax evasion case against cryptocurrency...

Binance says Nigerian officials demanded $150 million bribe

Binance says Nigerian government officials demanded a bribe to resolve a feud between the...

Former Binance CEO Changpeng Zhao jailed for money laundering

Former Binance CEO, Changpeng Zhao, has been sentenced to four months in jail for...

Nigerian govt confirms “escape” of Binance executive

The Nigerian government says an executive of the cryptocurrency exchange company Binance who had...

Nigerian court orders Binance to release users’ data to govt

A federal high court in Abuja has ordered cryptocurrency exchange Binance to provide the...

Binance trade volume questions effectiveness of Nigeria ban over naira

Nigerians flocked to virtual private networks (VPNs) to gain access to cryptocurrency platforms after...

Man jailed in Lagos for $5,000 crypto fraud

An Ikeja Special Offences Court, on Wednesday, sentenced a 25-year-old man, Babatunde Shittu, to one...

Weak naira driving Nigerians to crypto, report says

Nigerians are embracing cryptocurrencies more as the naira continues to weaken, a new report...

Yellow Card, MoonPay partner on crypto accessibility in Nigeria

Yellow Card, an African fintech company, has joined forces with MoonPay, a global leader...

Nigeria to allow asset-backed tokens, not crypto

The Nigerian government says it is processing applications for digital exchanges that will allow...