In a significant development, Ripple Labs has agreed to pay $50 million to the U.S Securities and Exchange Commission (SEC) to settle a long-standing lawsuit. This move has triggered a…
As reported earlier, Nigeria made a groundbreaking move by officially recognizing virtual assets and investment contracts as securities with the signing of the Investment and Securities Act (ISA) 2024 by…
In a bid to drive global adoption of its USDC stablecoin, Circle paid $60.25 million to Binance to promote and hold the digital asset. This strategic move aims to solidify…
by Edison Irabor
The stablecoin market has witnessed unprecedented growth, with US dollar stablecoins reaching a staggering $230.2 billion, adding $1.83 billion towards the end of March 2025. The immediate drive…
Divest App emerges as a game-changer in this space, offering businesses a seamless way to accept cryptocurrency and instantly convert it to cash. With Divest VIP trades, users are guaranteed…
In a landmark deal, Binance, the world’s largest cryptocurrency platform, has secured a $2 billion investment from Abu Dhabi-based tech investor MGX. This historic investment, announced on Wednesday, marks the…
In a significant move, US Treasury Secretary Scott Bessent announced at the White House Crypto Summit that the US government plans to utilize stablecoins to solidify the dollar’s position as…
In a post on X on Valentine’s Day, February 14, Binance’s Head of Financial Crimes Compliance, Tigran Gambaryan, narrated his experience in detention in Nigeria for approximately 8 months. This…
The cryptocurrency market faced a sharp downturn following a significant security breach at Bybit, one of the world’s leading crypto exchanges. The incident, which saw approximately $1.4 billion in crypto…
The United Arab Emirates (UAE) government has entered into a historic partnership with Shiba Inu, a prominent cryptocurrency project, to accelerate Web3 adoption and digital transformation. This collaboration, facilitated by…