The epoch of physical currency transactions has encountered a novel and fashionable adversary – Cryptocurrency, which has been cordially received by the financial market. This digital and unregulated currency employs a decentralized
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The Chief Executive Officer of SFS Capital Nigeria Limited, Patrick Ilodianya, has warned that cryptocurrency investors will lose the bulk of their investments in the coming years. Ilodianya said cryptocurrency is an
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Bahamas authorities have arrested the founder and former chief executive officer (CEO) of Futures Exchange (FTX), Sam Bankman-Fried, after cryptocurrency investors lost billions. Bankman-Fried had operated FTX as a cryptocurrency exchange that
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The founder of Patricia, a Fintech company, Hanu Fejiro, said Nigeria is the fourth country in the world with the most crypto transactions despite the ban placed on digital asset transactions in
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The United States Securities and Exchange Commission (SEC) has fined Reality TV star, Kim Kardashian, for partaking in a cryptocurrency promotion which was later described as a “pump and dump” scheme. Kardashian
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Nigerian artist, Chuma Anagbado, has vowed to hand over 99 per cent of his earnings from a cryptocurrency sale to the Presidential candidate of the Labour Party in the forthcoming 2023 elections,
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Former First Bank of Nigeria (FBN) Holdings chairman, Ibukun Awosika, has joined the Global Advisory Board (GAB) of the largest cryptocurrency exchange, Binance, owned by Changpeng Zhao. Awosika was appointed into the
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The United States government have warned that investment in Bitcoin, Ethereum and other cryptocurrency are risky to investors, as it proceeds with plans to regulate the digital asset market. Recall that between
More Nigeria has been ranked ahead of United Kingdom and United Arab Emirates (UAE) on the top four list of countries most interested in cryptocurrency since it crashed in April 2022. In a
More Cryptocurrency hackers have stolen $1.9 billion worth of cryptocurrency between January and July 2022, indicating stakeholders in the digital asset market have been unable to reduce the risk associated with crypto trading.
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