FTX Will Purchase The Assets of Insolvent Voyager.
Crypto exchange FTX, whose bailout proposal the bankrupt institution had earlier this year been rejected,…
Category: Crypto
4 Coins That Might Become Bullish if The Price of Bitcoin Stabilizes.
In the previous six weeks, the major U.S. stock market indices had their fifth weekly…
US Fed Sends The Cryptocurrency Market Into Turmoil.
Due to the increase in US interest rates, the value of the bitcoin market has…
Jamie Dimon, CEO Of Morgan Chase, Refers To Cryptocurrencies As “Ponzi schemes.”
Stablecoins, which are digital assets linked to the value of the US dollar or other…
A Rate Hike Possibility Causes Cryptos To Squeak As Bitcoin Drops Below $19,000.
By market value, Bitcoin, the most valuable cryptocurrency, dropped almost 5% to a three-month low…
With The ‘Merge’ Software Upgrade, The Ethereum Blockchain Uses Less Energy.
According to its co-founder, the Ethereum blockchain has undergone a significant software upgrade; that significantly lowers…
Values of Bitcoin and Other Cryptocurrencies Sharply Declined.
Due to the loss of about $89 billion in cryptocurrency, the market value of cryptocurrencies…
According To Polls, Nigeria Is Africa’s Top User Of Bitcoin.
The value of worldwide Bitcoin trade has surpassed $3 trillion. Farida Nabourema, the organizer of…
Binance Teams Up With Nigerian Authorities to Launch A Digital Economy.
Binance, a major cryptocurrency exchange, is growing its influence in Africa by partnering with Nigerian…
21.co, A Cryptocurrency Company, Raises $25 Million And Is Valued At $2 Billion.
The parent company of 21Shares and provider of cryptocurrency investment products, 21.co, announced that it…
USDC, USDP, And TUSD Will Be Delisted By Binance And Converted Into Its Own Stablecoin.
Binance stated that it would stop trading spot pairs like as USDC, USDP, and TUSD…
Bitcoin Struggles To Remain Above $20,000 As Crypto Investor Loses $2 Million On OKex.
The narrowest range for Bitcoin trading since October 2020 occurred, with a range of just…
Nigeria Is Africa’s Largest Cryptocurrency Market, Despite The Restriction On Bank Transactions.
The largest economy in Africa and one of the world’s top adopters of cryptocurrencies is…
OpenSea Trading Volume Plunges By 99% In 90 Days.
OpenSea, the world’s largest nonfungible token (NFT) marketplace, has witnessed a substantial drop in its…
Forex Supply Falls Further To $54 Million As Exchange Rate Remains Stable.
Monday, 29th August 2022: The exchange rate between the naira and the US dollar closed at…
Bitcoin Dips Below $20,000.
Bitcoin dipped below $20,000, continuing a drop that has taken it down nearly 60% from…
Bitcoin Drops To Lowest Level, Crypto Market Loses $70 Billion.
As a result of Federal Reserve Chair, Jerome Powell’s comments that the U.S. central bank…
Bitcoin Depot To List In The U.S. Through $885mln SPAC Deal.
Fintech Bitcoin Depot plans to list in the United States by merging with blank check…
Forex Inflows Drop 17% To $6.6bn.
Aggregate foreign exchange inflows into the economy fell by 17.3 per cent to $6.58bn in…
Hackers Stole $44billion From Cryptocurrencies Since June 2021.
Latest report from Acronis, a global leader in cyber protection, has revealed that cybercriminals are now…
Bitcoin Struggles At $21.5K Amid Weak Volatility.
The anticipation of Federal Reserve Chair, Jerome Powell’s upcoming remarks about inflation; and the economy…
Why Chiliz The Sports-Based Crypto Is Defying The Bearish Market.
The price of Chiliz (CHZ) had increased by around 35% week-to-date (WTD), reaching $0.26 per…
Nike, Gucci, Others Have Made $260 Million From NFT Sales In 2022.
Leading brands including Nike, Gucci, Dolce & Gabbana, Adidas and Tiffany have amassed a combined…
Aggregate FX Inflow Down 17.3% to $6.58bn On Decrease In Non-Oil Components.
The aggregate foreign exchange inflow into the Nigerian economy dropped by 17.3% to $6.58 billion in April 2022; compared with…
FTX Reportedly Grew Its Revenue By Over 1,000% In 2021.
FTX, one of the largest cryptocurrency exchanges by transaction volume, has seen its revenue grow…
Ethereum Drops Below $1,600, Posts Weekly Loss Of Over 20%.
The majority of popular digital assets declined during the course of the week, and by the weekend,…
Bitcoin Up From Mid-August Lows Amid Growing Economic Uncertainty.
As investors continued to mull over the most recent inflation figures and lingering macroeconomic uncertainties;…
Bitcoin Drops For Fourth Straight Day On US Fed’s Hawkish Stance.
Bitcoin and many crypto assets fell for a fourth straight day as investors continued to…
Asset-Backed Stablecoin, HUSD, Loses Peg, Drops To $0.92.
The HUSD stablecoin, which touts to be a “secure, reliable, and fiat-collateralized stablecoin, that combines the…
Memecoins Rally As Crypto Market Cools Off.
Its “meme” rally in the cryptocurrency space as investors seem to be hungry to take…