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FTX files for bankruptcy as CEO resigns

    FTX files for bankruptcy as CEO resigns

FTX, a cryptocurrency exchange platform, has filed for bankruptcy amid its liquidity crisis. In a statement shared on Twitter on Friday, the company said Sam Bankman-Fried has resigned from his

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Bitcoin hits two-year low as Binance abandons FTX acquisition

    Bitcoin hits two-year low as Binance abandons FTX acquisition

Bitcoin, world’s largest cryptocurrency by market capitalisation, has dropped to about $16,300— its lowest level since November 2020. The cryptocurrency price traded 7.5 percent lower on Thursday afternoon, dropping to

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Ibukun Awosika appointed to Binance global advisory board

    Ibukun Awosika appointed to Binance global advisory board

Ibukun Awosika, former chairman of First Bank of Nigeria, has been appointed to Binance’s global board of advisers. Binance, a crypto exchange platform, said this in a statement on Thursday

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NEPZA to partner with Binance, Talent City for first virtual free zone in West Africa

    NEPZA to partner with Binance, Talent City for first virtual free zone in West Africa

The Nigeria Export Processing Zones Authority (NEPZA) says it would partner Binance and Talent City to establish the first virtual free zone in West Africa. NEPZA disclosed this in a

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Elon Musk gets $7bn backing from Binance, Oracle for Twitter takeover

  Elon Musk gets $7bn backing from Binance, Oracle for Twitter takeover

Elon Musk, the billionaire founder of Tesla Inc., has raised over $7.1 billion from friends and investors to help acquire

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Binance restricts 281 Nigerian crypto accounts to ‘prevent fraud’

  Binance restricts 281 Nigerian crypto accounts to ‘prevent fraud’

Binance, one of the largest cryptocurrency exchanges in the world, says it restricted the accounts of 281 Nigerian users to

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UK bans Binance cryptocurrency exchange

  UK bans Binance cryptocurrency exchange

The United Kingdom’s Financial Conduct Authority (FCA) has banned Binance, the world’s largest cryptocurrency exchange by trading volume, from operating

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‘Customer funds are completely safe’ — Crypto platforms assure traders

  ‘Customer funds are completely safe’ — Crypto platforms assure traders

Cryptocurrency trading platforms have assured Nigerian traders that their funds are safe despite the new directive from the Central Bank

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