Cryptocurrency

No Crypto Mining During Work Hours, Federal Teaching Hospital Warns Staff

The management of the Federal Teaching Hospital, Gombe, has issued a firm directive to its staff, prohibiting cryptocurrency mining and trading activities during work hours. In a circular dated September 18, Adamu Usman Teld, the hospital’s Deputy Director of Administration, emphasized that such activities are strictly forbidden while on duty. The statement read: “I am […]

News

JUST IN: FG Blocks Binance, Coinbase, OctaFX, Others Amidst Naira Decline

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 […]

International

Turkish Cryptocurrency Founder Sentenced To 11,196 Jail Terms

A disgraced Turkish cryptocurrency founder, who had fled to Albania, along with his two brothers, has each received a staggering sentence of 11,196 years in jail, as reported by the Anadolu state news agency on Friday. Faruk Fatih Ozer, 29, the former head of Thodex, faced charges of money laundering, fraud, and establishing a criminal […]

Technology

Nigeria Begins Talks With Binance; Planning Economic Diversity Through Blockchain Technology

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 […]