Bitcoin Falls 5% as Crypto Liquidations Top $837m
Bitcoin dropped by 5 per cent on Thursday morning, triggering more than $800 million in cryptocurrency liquidations over the previous 24 hours. Data from Coinglass showed that 166,704 traders had…
Bitcoin Posts Best August Since 2017, Nears $81,000
Bitcoin (BTC) recorded its strongest August performance since 2017, rising about 25 per cent to end the month near $80,000. As of September 4, BTC was trading at $80,681, representing…
FB Trade Wins Endorsement as CEO Visits Journalist Adekunle Adejumo in Port Harcourt
FB Trade is positioning itself for long-term growth after its chief executive, Favour Ife, led his team on a courtesy visit to journalist Adekunle Adejumo in Port Harcourt. The FB…
FBTrade Rebrands and Expands as Crypto, Fintech and Sales Brand Targets Wider Market
FBTrade is stepping up its push into cryptocurrency, fintech and commerce as the digital finance and sales brand enters a new phase of growth. The company says it aims to…
NRS Issues New Virtual Assets Tax Guidelines
The Nigeria Revenue Service (NRS) has introduced new Guidelines on the Taxation of Virtual Assets, confirming that medium and large companies making profits from cryptocurrency and other digital asset activities…
BitMEX to Shut Down Exchange Operations
Cryptocurrency exchange BitMEX has announced that it will shut down its operations on 23 September, following a strategic review of the business. The company assured customers that their assets remain…
Cryptocurrency Ban Makes Nigerians More Vulnerable To Scams, Luno Says
Cryptocurrency trading platform Luno on Tuesday Central Bank of Nigeria’s (CBN) cryptocurrency trading will expose Nigerians to fraud and exploitation. “Any attempt to restrict access to cryptocurrency does not protect…
