Cryptocurrency

The House of Representatives has stated that it will soon enact legislation allowing digital currencies in Nigeria. This is despite President Muhammadu Buhari’s regime’s continuous prohibition of cryptocurrency transactions. The…

African web3 startup Nestcoin has laid off some of its workforce following the financial woes that befell the famous digital exchange platform FTX Group last week. In a statement seen on Monday, CEO Yele Bademosi explained that FTX’s…

Binance Smart Chain was on Thursday shut down after hackers stole Binance-linked token BNB worth over $600 million. Following reports of hackers' attack on BNB, the BSC paused operations due to “irregular activities”, disrupting activity…

American reality TV star, Kim Kardashian, had been fined $1.26 million for sharing a cryptocurrency advert on her Instagram page, without disclosing the amount she was paid for the promotion. The United States Security and Exchange…

The UN Conference on Trade and Development (UNCTAD) has called for action to curb cryptocurrencies in Nigeria and other developing nations. The UN trade and development agency made the call in three policy briefs entitled ‘All that…