Binance provides crypto aid to Libya flood victims amidst controversies over possible PR motives
Critics have labeled the act by the global cryptocurrency company as a publicity stunt to launder its embattled image.
Nigeria
Latest stories and analysis of blockchain and digital assets developments in Nigeria.
Crypto scam alert: Argo Blockchain does not have Nigerian and Kenyan entities
Argo-Coin and Argo Kenya have been taking money from Nigerians and Kenyans to invest in Bitcoin mining equipment and earn outrageous ROIs
Nigeria received nearly $60 billion in crypto value in a year
Overall, Sub-Saharan Africa received $117.1 billion in crypto value between July 2022 and June 2023, according to data from blockchain analytics firm Chainalysis.
Btrust, cofounded by Jack Dorsey and Jay Z, acquires African Bitcoin talent development firm Qala
The acquisition will see Qala rebrand as Btrust Builders with a new focus on providing training in open-source Bitcoin software development.
Patricia’s ‘grand’ plan to refund users is based on its profitability
Users will only be able to access their funds as the company makes profit.
FTX 2.0: Patricia is tampering with user funds without permission
Patricia’s move to convert customer funds mirrors FTX’s 2022 troubles, underscoring the risks of relying on centralized exchanges.
The naira stabilized following NNPC’s $3 billion loan deal with Afreximbank
The funding is expected to be used to support the federal government in its efforts to stabilize the naira.