Elon Says Tesla Could Buy Back Bitcoin After Selling $936 Million Worth.
Tesla, an electric car company run by Elon Musk, sold the majority of its bitcoin holdings in the second quarter…
Category: Crypto
Premint To Return $500K In Ethereum To NFT Hack Victims
NFT registration platform Premint, which suffered a hack over the weekend that stole more than 300 NFTs from users’ wallets,…
Elon Musk’s Tesla Sells 75% Of Its Bitcoin Holdings
Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report. In its after-market earnings announcement,…
Three Arrows Capital Owes 27 Crypto Companies $3.5 Billion.
Crypto hedge fund, Three Arrows Capital, popularly known as 3AC, according to court documents, owed 27 crypto companies $3.5 billion.…
Crypto Market Reclaims Trillion Dollar Status With Altcoins Leading The Charge.
Despite the increase in the U.S. inflation rate to 9.10%, a multi-year high; the cryptocurrency market capitalization has reclaimed its…
Crypto Custodian BitGo Cleared To Operate In Italy
Digital assets custody provider BitGo has registered to operate in Italy, alongside several other crypto companies. According to documents from Italian…
Mini Revival In The Crypto Market Keeps Ethereum Above $1.5K.
Growing investors’ optimism about the global economy, central bank monetary tightening. And the Ethereum Merge later this summer caused Bitcoin…
Crypto Lender Celsius Defends Bitcoin Mining Plans As Bankruptcy Kicks Off.
Cryptocurrency lender Celsius Network said bitcoin mining is key to the company’s restructuring efforts. New Jersey-based Celsius received approval from…
International Organization Of Securities Commissions Publishes Crypto-Asset Roadmap For 2022-2023.
International Organization of Securities Commissions (IOSCO) has published its Crypto-Asset Roadmap for 2022-2023. Which sets out its regulatory policy agenda…
Major Crypto Lender Celsius Files For Bankruptcy
Crypto lender, Celsius Network said it had filed for bankruptcy in New York, becoming the latest victim in the cryptocurrency…
Crypto Lender Celsius Files For Bankruptcy
U.S. crypto lender Celsius Network said it has filed for bankruptcy; becoming the latest victim in the cryptocurrency sector to…
Forex Flow To Nigeria Rise By $10.75bn.
Nigeria has recorded $10.75bn foreign exchange inflow in two months, figures obtained from the Central Bank of Nigeria have revealed.…
Bitcoin Above $20K For Third Day In A Row As Avalanche Posts Decent Gains.
The price of the most valuable crypto by market value was around $20.5K, as it stayed above the key support…
Debt, Inflation, Forex killing Economy, LCCI Warns FG- Nigeria.
The Lagos Chamber of Commerce and Industry has warned the Federal Government to find urgent solutions to the issues of…
Interpol Arrests South African Steynberg For Biggest Bitcoin Fraud
The U.S. Commodity Futures Trading Commission (CFTC) said it had filed civil charges against South African Cornelius Johannes Steynberg and…
Despite Market Sell-off, These Crypto’s Have Positive YTD Return
It’s not news that the cryptocurrency market is having a very tough year. This is with the market capitalization losing…
Weekly Stock Update: Nigerian Exchange Group Record Gains, Up 0.24%.
The Nigerian equities market closed bullish during the week as the All-Share index gained; 0.24% in the week ended 2nd…
N.Korea May Be Behind New $100 Mln Cryptocurrency Hack, Experts Say.
North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency…
Why Nigeria May Not Adopt Bitcoin As Legal Tender
In April 2022, the Central African Republic became the first African country to adopt Bitcoin as a legal tender. The…
Nigeria’s Bitcoin P2P Surge By 25% In 180 Days Amid Falling Naira
Despite government rules limiting crypto trades within financial institutions to protect citizens and monitor the technology’s growth. Many Nigerians have…
Cristiano Ronaldo Partners With Binance On NFT Deal
Football superstar and six-time Ballon d’Or winner, Cristiano Ronaldo, has signed an exclusive multi-year nonfungible token (NFT) partnership; with the…
Despite Falling Below $20,000, Over 50% Of Bitcoin Addresses Are Still In Profit.
Data from on-chain analytics firm, Glassnode, reveals that more than half of Bitcoin wallet addresses existing are still in profit.…
Airfares Surge By 52% Over Forex, Jet-A1 Crisis
The National Bureau of Statistics data says that in the past 12 months. The average airfare paid by passengers on…
Bitcoin Miners Now Selling Their Holdings As Bearish Market Persists.
It looks like the bearish market is hitting all sectors of the cryptocurrency space. Including those that are charged with…
Venture Capital Crypto Investments Decline By 38% In May 2022.
Due to the bear run the cryptocurrency space has been experiencing throughout the year, not only are retailers losing money.…
Crypto Industry Gripped By Anxiety As Bitcoin Wobbles Near Key $20,000 Level
The cryptocurrency industry is on edge, as investors feared contagion from problems at major crypto players could unleash a major…
Bitcoin On Its Way To $32,000 As On-Chain Data Suggests Net Accumulation
Cryptocurrency bulls took over the market on Monday, with Bitcoin leading the charge, fighting its way through the $30,000 resistance…
Malaysian comms official calls the state to legalize crypto and NFTs
The Malaysian Ministry of Communications and Multimedia is reportedly backing the adoption of cryptocurrencies, with the deputy minister calling the…
How Ukraine embraced cryptocurrencies in response to war
Ukraine’s digital transformation deputy has instructed his officials to set up official government wallets that could accept payments in cryptocurrency.…
Ukraine Raises More Cryptocurrency Donations Amid War
With Russia’s invasion continuing, Ukraine has expanded the types of cryptocurrencies it accepts for donations. According to Elliptic, a blockchain…