Nigeria

Boko Haram Uses Cryptocurrency to Evade Nigeria’s Terrorism Crackdown

Boko Haram has increasingly used cryptocurrencies and digital finance to transfer millions in illicit funds.About one-third of Nigerians rely on digital currencies for daily...

Nigerians Weigh Cryptocurrency Investments Against Traditional Savings

Nigerians are weighing cryptocurrency investment against traditional savings options amid a changing financial landscape. Many view digital currencies as a potential hedge against...

Nigeria Remains Open to Crypto Firms Despite $80bn Binance Lawsuit

Nigeria's government maintains openness to crypto companies despite pursuing an $80 billion lawsuit against Binance.Information Minister Mohammed Idris clarified the lawsuit aims to strengthen...

Nigeria Unveils Tax Framework for Crypto Markets, Pursues $81.5 Billion from Binance

Nigeria pursues $81.5 billion from Binance in damages and back taxes amid increased cryptocurrency regulation efforts. The Securities and Exchange Commission is developing new frameworks...

Bitcoin Soars in Nigeria as National Currency Plunges to Historic Lows

Nigerian Naira hits new low at ₦1,711.774 against USD as dollar liquidity drops 72% to $81M Bitcoin approaches global ATH of $73,737, already reaching N121M...

Binance Executive’s Health Crisis in Nigerian Prison

Tigran Gambaryan, a top executive at Binance, is seriously ill in Kuje Correctional Centre.Lawyers request his transfer to Nizamiye Hospital for better medical care.The...

Nigeria Revisits Crypto Clampdown Amid Currency Crisis

The Nigerian government is cracking down on cryptocurrency and unregistered forex traders.New regulations aim to ban peer-to-peer (P2P) crypto exchanges using the naira.Despite previous...

Binance Requests Nigerians to Withdraw Naira Assets as Services Cease in Nigeria

Binance advises Nigerian traders to withdraw all NGN assets as it discontinues services in the country following alleged currency manipulation accusations.The Nigerian government has...

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Colorado Pastor Faces Judgment Over “Divine Wealth” Crypto Scam

A Colorado pastor and his wife are facing civil allegations of securities fraud for promoting a religious-themed cryptocurrency. State regulators...

Theta EdgeCloud Hybrid Beta Launches, Ushering in Decentralized AI

THETA Network will launch its Theta EdgeCloud Hybrid Beta on June 25, 2025. Theta EdgeCloud is a decentralized platform that...

Bitcoin Surges 10% as Middle East Tensions Ease, Hits $108,200

Bitcoin prices increased by about 10% since Sunday, following calming geopolitical tensions in the Middle East. The value of Bitcoin...

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