Patricia, an alternative payment solutions company that is known to offer crypto-trading and gift-card services, has suffered a hack, according to its 27-March-2023 notice to users via its Twitter handle…
Although the value of the broader crypto market has been decreasing in the past few days, memecoins dominate crypto trading on decentralized exchanges (DEX) currently.
Both Silicon Valley Bank and Signature Bank depositors will be made whole. This was the decision of relevant U.S regulators when they issued a joint statement on 12 March 2023.
Following the classic bank run experienced by Silicon Valley Bank last week, Circle has assured users that USD Coin (USDC) stablecoin will remain redeemable 1 for 1 with the US…
With the collapse of both Silvergate Bank and Silicon Valley Bank within a week, we identify the impact on the crypto market and the crypto industry.
Binance-branded BUSD stablecoin issued and managed by Paxos is to be phased out, said CZ, Binance CEO & Co-Founder. CZ made the announcement in a Twitter thread Monday 13 February…
LocalBitcoins announced Thursday its decision to shut down its bitcoin-trading services. Why is the pioneer person-to-person bitcoin trading marketplace closing shop? According to LocalBitcoin, this is due to the ongoing…
Binance, global crypto exchange, announced Monday 6 February that it would temporarily suspend USD bank transfers. The USD withdrawal suspension date is from Wednesday 8 February. Since Binance made the…
Former Flutterwave Managing Director and Founder of Future Africa, Iyinoluwa Aboyeji, popularly known as simply ‘Iyi’ or ‘E’, recently commented on the state of financial inclusion. E identified crypto, particularly…
Within 30–31 January 2023, the story that Nigerians were paying from 60%–100% extra to buy bitcoin on crypto exchanges in Nigeria, including NairaEX and Paxful circulated in social media. Is…