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Tag: Nigerian

Binance’s $10 Billion Venture Capital Unit Goes Independent

The top cryptocurrency exchange Binance has spun off its venture capital arm, Binance Labs, with a valuation of $10 billion. This move, orchestrated under the leadership...

Nigeria Presses Binance and Detains Executives

Amidst Nigeria's economic struggles, marked by currency devaluation, a tense confrontation has arisen between the government and cryptocurrency platform Binance. The situation escalated with the detention...

Nigerian National Pleads Guilty of Conspiracy in BEC Operation

Henry Onyedikachi Echefu, one of the three Nigerian men who were involved in an elaborate business email compromise (BEC) scheme, has pleaded guilty to...

Nigerian Politician Calls Terror Financing and Money Laundering Allegations Against Binance ‘Damning’: Report – The Daily Hodl

A Nigerian lawmaker is accusing Binance of violating the law, according to a report by the Punch newspaper. The Punch report quotes the chairman of...

Binance Ends Services for Nigerian Naira

Binance announces the discontinuation of all services tied to the Nigerian Naira (NGN) as it navigates the evolving regulatory landscape. Binance, the world's leading...

Nigerian Parliamentary Committee Summons Binance CEO Teng: Report

“You cannot run a company with over 10 million Nigerians on your platform without paying tax and having a physical office where Nigerians can...

🔴 Bitcoin Makes the Top 10 | This Week in Crypto – Mar 4, 2024

ETF volumes are soaring, Bitcoin makes a top 10 list, and Binance faces a $10Bn fine in Nigeria, or are they? These stories and...

Binance CEO Richard Teng asked to appear before Nigerian committee

Binance is in hot water in Nigeria in the aftermath of its settlement with the U.S. Department of Justice (DOJ). Nigeria’s House of Representatives...

Request for Binance CEO Richard Teng’s Presence at Nigerian Committee Hearing

Request for Binance CEO Richard Teng's Presence at Nigerian Committee Hearing The cryptocurrency industry has been gaining significant traction in recent years, with platforms like...

Nigeria Denies Report Of $10B Binance Fine

Against the earlier report, Bayo Onanuga, an adviser to the Nigerian president, said no decision had been made by Nigeria about a fine on...

Price Analysis: Solana (SOL) Price Surged More Than 30%

On March 1, the price of Solana’s native token, SOL, surged to its highest point in 23 months and is now trading at $129.68,...

Binance Recovers $4.4 Billion in Digital Assets for Users Amid Deposit Errors

Binance has successfully retrieved $4.4 billion worth of digital assets for its users who made errors in their deposits over the past two years. Various...

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