Cryptocurrency Market

  • Market Cap: $2,685,618,332,204.26
  • 24h Vol: $78,736,483,722.75
  • BTC Dominance: 58.49%

Africa

mara-collapse:-african-crypto-exchange-burns-$16-million-for-salaries-and-bonuses

Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses

Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised capital by paying high salaries to attract talent. CEO Avoids […]

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nigerian-student-returns-90-mistakenly-sent-solana-tokens,-rewarded-for-honesty

Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty

A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto community, impressed by the student’s honesty, began sending tips to his crypto wallet. Influencer: Incident Highlights Hope for Crypto

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nigerian-court-orders-prison-officials-to-release-medical-records-of-jailed-tigran-gambaryan

Nigerian Court Orders Prison Officials to Release Medical Records of Jailed Tigran Gambaryan

Nigerian prison officials have reportedly refused to release Tigran Gambaryan’s medical records. A High Court judge has ordered Kuje Detention Centre prison officials to present Gambaryan’s legal representatives with the records by July 5. Yuki Gambaryan, the wife of the Binance employee, has urged Nigerian authorities to drop charges against her husband. Gambaryan’s Health Deteriorates

Nigerian Court Orders Prison Officials to Release Medical Records of Jailed Tigran Gambaryan Read More »

‘secrecy-of-crypto-usage’-drives-youth-cryptocurrency-adoption,-says-nigerian-regulator

‘Secrecy of Crypto Usage’ Drives Youth Cryptocurrency Adoption, Says Nigerian Regulator

According to a Nigerian regulator, young people who are adopting cryptocurrencies are drawn to their secrecy, and many of them do not have bank accounts. However, the regulator also stated that the Securities and Exchange Commission (SEC) will continue to caution users about the potential risks of investing in this asset class. Crypto Cannot Be

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dozens-killed-in-riots-as-kenya-revolts-against-tax-hikes,-calls-for-presidential-resignation

Dozens Killed in Riots as Kenya Revolts Against Tax Hikes, Calls for Presidential Resignation

Dozens of citizens were killed in Kenya as a result of riots seeking to protest the possible signing of a bill that would approve tax hikes on daily services and items, such as internet and fuel, in a plan to raise an additional $2.7 billion in revenue. The protests, led mostly by young Kenyans who

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blockchain-association-says-tigran-gambaryan’s-detention-harms-nigerian-web3-industry

Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigerian Web3 Industry

Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization representing blockchain and crypto associations has warned. Evidence of this impact includes the decline in foreign investments. The organization also argued that the continued detention of the Binance executive could jeopardize valuable collaborations and associated benefits. Nigeria’s National Interests A

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kenya-concludes-worldcoin-investigation

Kenya Concludes Worldcoin Investigation

Kenyan police have reportedly closed their investigation of Worldcoin, allowing the latter to resume its activities in the East African nation. The chief legal officer at Tools for Humanity confirmed that Worldcoin would soon resume registering Kenyan users. Tools for Humanity Praises ‘Fair’ Investigation The Kenyan police have reportedly concluded their investigation into Worldcoin, which

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us-lawmaker-urges-nigerian-government-to-grant-humanitarian-release-for-jailed-binance-employee

US Lawmaker Urges Nigerian Government to Grant Humanitarian Release for Jailed Binance Employee

Two U.S. lawmakers, French Hill and Chrissy Houlahan, have added their voices to calls for the release of jailed Binance executive Tigran Gambaryan. The lawmakers made this call shortly after visiting Gambaryan at Nigeria’s notorious Kuje Prison. Hill believes that Gambaryan is being wrongfully detained on charges related to money laundering. Prison Officials Accused of

US Lawmaker Urges Nigerian Government to Grant Humanitarian Release for Jailed Binance Employee Read More »

nigerian-court-dismisses-fugitive-binance-exec’s-rights-lawsuit

Nigerian Court Dismisses Fugitive Binance Exec’s Rights Lawsuit

A Nigerian court dismissed a human rights violation lawsuit filed by the fugitive Binance executive, Nadeem Anjarwalla, against law enforcement agencies. In his ruling, Judge Inyang Ekwo reportedly cited Anjarwalla’s lack of legal representation as one of the reasons for dismissing the lawsuit. Binance Exec’s Lack of Representation Leads to Lawsuit Dismissal A Nigerian Court

Nigerian Court Dismisses Fugitive Binance Exec’s Rights Lawsuit Read More »

ethiopia-approves-cbdc-launch-draft-proclamation

Ethiopia Approves CBDC Launch Draft Proclamation

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch

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