crypto

JUST IN: FBI moves to arrest Nigerian man suspected of stealing ₦460m in crypto meant for Trump's inauguration

The scammer, believed to be based in Lagos, Nigeria, instructed the victims to transfer the funds to a crypto wallet ending in 58c52.

India arrests man accused of running $96 billion crypto exchange at request of US

The arrest caps an intense US-led manhunt for Aleksej Besciokov, that escalated last week with the seizure of the crypto exchange, the freezing of $26 million in assets and the unsealing of an indictment against Besciokov and an alleged accomplice

Binance CEO accuses Nigerian officials of demanding secret crypto bribe

Cryptocurrency platform, Binance, has revealed that Nigerian officials demanded payments in digital currency to resolve issues they claimed the company faced in the country. Richard Teng, the firm's CEO, revealed this on Tuesday, May 7. The incident follows

EFCC and Toronto Police Recover $225,000 from Yahoo Boy in Crypto Fraud Case

The Economic and Financial Crimes Commission (EFCC), in collaboration with Toronto Police Service, has successfully recovered and returned $225,000 to a victim defrauded in a cryptocurrency investment scheme. The victim lost over $355,000 in Canadian funds

Chinese Authorities extradite mastermind behind $14 billion Pyramid scheme 

The Chinese authorities have been very strict with crypto entities fleshing out stringent policies to tackle crypto entities operating in the country.  

Bybit announces listing of Hamster Kombat tokens for pre-market trading

Bybit, the second-largest crypto exchange by market share has announced its listing of Hamster Kombat, a trending Telegram-based crypto project on its platform for pre-market trading.

Fraudsters hijack African billionaire's X account, defraud victims of $1.48 million

Additionally, 53% of crypto firms report encountering video deepfake fraud, solidifying deepfakes as a major concern for the industry.

How To Avoid Crypto Scams?

Protect Your Wallet: This digital wallet holds your crypto. Never share your private keys (like your crypto wallet password) with anyone.

Why the Crypto market is crashing 

This week has been a noteworthy one for the global crypto industry following a severe crash in the prices of various crypto assets.

Gombe hospital bars staff from 'mining' activities during working hours

The management of the Federal Teaching Hospital Gombe (FTH) has prohibited its employees from engaging in  "mining crypto" while on duty.

Binance's Upcoming App Launch: Don't Miss Out on This $10,000+ Airdrop

Crypto enthusiasts and influencers are buzzing with speculation that Binance might be backing a project called TapCat. This app, similar to other popular tapper apps like $NOT and $HMSTR, could be the next big thing in the crypto world.

SEC warns against investing with Binance; says assets at high levels of risk

Nigeria's Security and Exchange Commission, SEC, has again urged Nigerians against investing with crypto exchange Binance.

Robert Kiyosaki says US dollar will lose global dominance as soon as 'BRICS gold crypto' emerges

Watching and listening to rumours of what will happen when BRICS nations, Brazil, Russia, India, China, and South Africa produce BRICS crypto, possibly backed by gold.

Why You Should Not Give Up on Hamster Kombat Airdrop Yet

Hamster Kombat, the addictive Telegram game, has been buzzing in the crypto community. If you're wondering whether to stay in the game or throw in the towel, read on! Here's why you should keep your eyes on the Hamster Kombat airdrop. 1.

Why is Crypto down? Explaining the market crash

Bitcoin purchases and shares went up during the election campaign in the US as it was believed Mr Trump would back crypto, as he promised an overhaul on crypto policy.

Top 10 African countries in the 2024 crypto adoption index

This followed a global concern in crypto usage as several governments had also taken this same position by asking for a regulation of the crypto sector.

India slams $2.25 million fine on Binance amid ongoing trial in Nigeria

The world's largest crypto exchange, Binance, has been hit with a fine of 188.2 million rupees ($2.25 million) by India's Financial Intelligence Unit (FIU) for violating its money laundering law.

Former Binance CEO warns 95% crypto investors won't survive

On March 17, CZ responded to an X post by crypto influencer EmperorBTC, who analyzed market psychology, stating, "The bar to succeed in crypto is very low."