Tag
CRYPTO
Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank has responded to a rising demand by its clients for digital assets by planning to offer crypto custody services.
Ethereum surges 8% in price marking largest ever increase in over a month
The US and the UK are probing Garantex, a Russian crypto exchange after it facilitated $20bn worth of tether transfers.
Sam Bankman-Fried, co-founder of FTX, has been handed a 25-year prison sentence for his role in the collapse of the cryptocurrency exchange, culminating a high-profile case that has rocked the crypto industry.
As part of the sentencing, Judge Kaplan ordered Bankman-Fried to forfeit more than $11 billion, showing the magnitude of the financial damage caused by his actions.
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In the ever-evolving landscape of cryptocurrency, security is paramount. With significant cyber threats looming and scams becoming increasingly sophisticated, users seek platforms they can trust with their digital assets.
SEC has proposed an amendment to the registration fee of platforms offering Crypto Exchange services, raising it from 30 million naira.
Over $47 million was stolen from approximately 57,000 crypto users in February by criminals using phishing scams to lure their victims.
Crypto trading platform, Binance, has issued a further clarification to its earlier statement where it announced the discontinuation of NGN services in Nigeria.
Last week, it was reported that the government instructed the NCC to block some crypto website platforms.
The price of bitcoin surged past $57,000 during the opening trading session of the week after a week of lackluster trading, as of this writing, the widely accepted crypto asset slightly decreased to $56,100, although it had still increased by more than 9% in the previous day.
Crypto trading platform, Binance, it has taken some actions to adjust trading on its platform by Nigerians to address what it described as an unusual currency movement.