Just another News Updates
NoOnes, the peer-to-peer cryptocurrency platform, has emerged as the preferred choice among Nigerian crypto enthusiasts amidst Binance’s departure from the country due to regulatory constraints. In a statement released on Thursday, NoOnes highlighted the growing adoption of its platform among crypto users. Ray Youssef, the CEO of NoOnes, emphasized the platform’s commitment to inclusivity, transparency, […]
Amid efforts to stabilize the naira’s value, the Federal Government is considering demanding a compensation of over $10 billion from Binance. In an interview with the BBC on Friday morning, Bayo Onanuga, Special Adviser to the President on Information and Strategy, disclosed the government’s intention. Onanuga accused Binance of profiting from “illegal transactions” in Nigeria, […]
Reports indicate that the Federal Government has detained two high-ranking executives of Binance, a cryptocurrency exchange platform. As per the Financial Times, the executives arrived in Nigeria last week after their website was banned, only to be apprehended by officials from the National Security Adviser’s office, who also confiscated their passports. Binance operates as an […]
To address concerns over forex market manipulation and illicit fund movements, the Nigerian government has ordered the blocking of several crypto firms’ online platforms, including Binance. The Nigerian Communications Commission (NCC) instructed telecom companies to restrict access to these platforms, which include Forextime, OctaFX, Crypto, FXTM, Coinbase, and Kraken. This action is part of efforts […]
In a surprising development, Binance, the world’s leading cryptocurrency exchange, has acknowledged its cooperation with the administration of President Bola Tinubu to restrict Nigerians from participating in dollar-naira transactions on its platform. The announcement, aimed at P2P users in Nigeria, cautions against manipulative practices, warning of removal from the platform for non-compliance. Binance has implemented […]
Satoshi Core Chain digest – Part 2, written by Blaq50 – a community mod on the official Discord channel. We found this educative and worth publishing. Participants on Satoshi CORE Mining can join the Announcement Section and also the Telegram Chat Forum to be getting up-to-date information ahead of MainNet, and other necessities. 2.1 billion […]
In a bid to diversify the economy which over the years depended solely on crude oil, the Federal Government of Nigeria is currently in talks with the cryptographic giant, Binance to expand it’s economic scope through the Blockchain technology. Bloomberg reports that, Nigerian authorities and cryptocurrencies investment and exchange platform, Binance Holdings Ltd. are in […]