In a groundbreaking operation, the Economic and Financial Crimes Commission (EFCC) apprehended 792 individuals suspected of perpetrating cryptocurrency investment scams and romance frauds in Lagos. The sting, which occurred on December 10, 2024, also led to the detention of 193 foreign nationals, including Chinese, Filipino, and other nationalities.Further investigation revealed that the suspects were operating…
Bitcoin has achieved a historic milestone, surpassing its previous records to reach an unprecedented high of $103,457.59 USD. This remarkable feat is a testament to the growing confidence in the cryptocurrency’s potential. A favorable regulatory environment and increasing mainstream adoption have contributed to the surge in Bitcoin’s value. The cryptocurrency’s 24-hour trading volume has also…
Here’The Bitcoin halving is a significant event that occurs every four years, where the block reward for mining Bitcoin is reduced by half. This process helps control the supply of new Bitcoins and prevents inflation. Historically, the halving has had a profound impact on the cryptocurrency market, often leading to increased demand and price appreciation….
The community of crypto enthusiast can’t hold back thier anger as they take turn to unleash thier anger on the developers of the Telegram based Mini-app MemeFi. The moderators on discord have been mute and then Twitter handle @memficlub unresponsive in what could arguably be the greatest crypto heist of all time. Surrounded by negative…
Tigran Gambaryan, a Binance executive, is the head of financial crime compliance at Binance. He was arrested during a business trip to Nigeria.He has been in the custody of the Nigerian government and due to his failing health conditions has been granted freedom, he was arrested in February, in line with charges of laundering over…