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Cryptocurrency
3 men sue Cristiano Ronaldo for $1 billion over Binance promotion
Bolu Abiodun
Bolu Abiodun
·
4 days ago
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Cryptocurrency
$4.3 billion fine and a new CEO, where does Binance go from here?
Binance's customer deposits are backed 1:1 by $69 billion in crypto assets, but the exchange needs more than a massive reserve to survive. Here's why US authorities have kept it alive.
Bolu Abiodun
Bolu Abiodun
·
6 days ago
Cryptocurrency
Police nabs Nigerian politician in connection with a ₦607 million hack on Patricia
Police nabs Nigerian politician in connection with a ₦607 million hack on Patricia
Bolu Abiodun
Bolu Abiodun
·
1 week ago
Cryptocurrency
While some Patricia customers lament unpaid balances as promised, the exchange says the next batch of payments is dependent on fundraising efforts and profitability
Patricia promised to begin the first batch of payments to customers on November 20, 2023. However, many customers said they've not been able to withdraw their funds. The exchange also said the next batch of repayment is dependent on fundraising efforts and profitability...
Bolu Abiodun
Bolu Abiodun
·
2 weeks ago
Cryptocurrency
Why Nigeria has the highest P2P crypto transactions in the world
Nigeria ranks first as the country with the highest crypto P2P exchange volume in 2023; however, sub-Saharan Africa accounts for the least cryptocurrency value received. Here's the truth about crypto adoption in Africa.
Bolu Abiodun
Bolu Abiodun
·
1 month ago
Cryptocurrency
Patricia appoints DLM Capital Group to begin the first batch of customer repayments in November
Patricia has appointed DLM Capital Group to begin the first batch of repayments to customers in November.
Bolu Abiodun
Bolu Abiodun
·
1 month ago
Cryptocurrency
Patricia pleads with customers to turn its alleged ₦2bn debt to shares
"They said they are turning my money into shares, and I have no choice right now,” said Abraham Nelson, recounting his conversation with a representative of the crypto exchange.
Bolu Abiodun
Bolu Abiodun
·
2 months ago
Cryptocurrency
Court orders Worldcoin not to transfer or process data collected from Kenyans
The High Court has ordered Worldcoin to stop collecting data from Kenyans until the outcome of a petition filed by the Data Protection Commissioner's office.
Victoria Fakiya
Victoria Fakiya
·
4 months ago
Cryptocurrency
Kenyan police raid Worldcoin warehouse, confiscate equipment and documents for analysis
Kenyan police have reportedly raided a warehouse in Nairobi belonging to crypto and identity verification company, Worldcoin
Bolu Abiodun
Bolu Abiodun
·
4 months ago
Cryptocurrency
Why are Kenyans scanning their eyes for $50? 11 questions about Worldcoin answered
Worldcoin believes the global economy belongs to everyone, but how will it work, and what is the goal? Here are 10 questions about Worldcoin answered.
Bolu Abiodun
Bolu Abiodun
·
4 months ago
Cryptocurrency
SEC Nigeria confirms its ban on the global crypto exchange, Binance, warns other unregistered exchanges against soliciting Nigerian investors
On June 9, 2023, Nigeria's SEC declared Binance Nigeria Limited illegal. Binance, however, said it's not affiliated with that entity. The SEC has now confirmed it was referring to Binance by including the website, binance.com
Bolu Abiodun
Bolu Abiodun
·
4 months ago
Cryptocurrency
4 Africa-focused crypto exchanges that have shut down since the FTX debacle of 2022
As the bear market lingers, many crypto businesses have had to close up shop. Here's a list of Africa-focused crypto exchanges that have shut down since the FTX debacle.
Bolu Abiodun
Bolu Abiodun
·
4 months ago
Cryptocurrency
African crypto exchange, Bundle Africa shuts down operations to focus on P2P payments
African crypto exchange, Bundle Africa, has shut down its exchange operations to focus on P2P payments.
Bolu Abiodun
Bolu Abiodun
·
4 months ago
Cryptocurrency
SEC ban: Binance says it is not affiliated with Binance Nigeria Limited
Binance is saying it is not affiliated with Binance Nigeria Limited, the entity SEC Nigeria declared illegal in the country.
Bolu Abiodun
Bolu Abiodun
·
6 months ago
Cryptocurrency
Despite the crypto winter, Nigeria ranks 5th among countries leading the meme coin craze
According to crypto tracking platform, CoinGecko, Nigeria is the fifth country out of 10 countries leading the meme coin craze. But are meme coins investment worthy?
Bolu Abiodun
Bolu Abiodun
·
7 months ago
Cryptocurrency
3 African countries that tax crypto and how they do it
Several African countries have made attempts at taxing cryptocurrencies. Kenya is the latest African country to announce its plan to tax cryptocurrencies. Here is a list of African countries that are either planning to or are already taxing cryptocurrencies.
Bolu Abiodun
Bolu Abiodun
·
7 months ago
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