Cryptocurrency

Elon Musk, Tesla lose $65.4m after betting on bitcoin, sell off over 29,000 BTC

Elon Musk has sold Tesla’s bitcoin holdings amid slump in the cryptocurrency market. The sell off reduces the automaker’s exposure to volatility risk associated...

Cryptoqueen joins most wanted fugitives list, after duping investors of $4bn

The United States Department of Justice has issued a $100,000 reward in a bid to arrest one of the ten most wanted fugitives in...

eNaira fails to entice merchants, banks

eNaira, Africa’s foremost central bank digital currency (CBDC), is not getting the love it should deserve from Nigerians, including merchants and deposit money banks. A...

Are NFTs the new way to collect art?

The digital world is vastly expanding, and so is the crypto world. With the mega growth we have seen in the use of cryptocurrencies...

The crackdown on crypto has crippled foreign direct investments in Nigeria’s fintech sector

Technology is changing our everyday lives at a faster rate. In developed markets, fintech, blockchain, and cryptocurrencies are shaking the financial market to the...

Bank of Uganda says cryptocurrency has no place in domestic market

The Bank of Uganda (BoU) has issued a prohibition on the use of crypto in the nation – warning its citizens about what it...
Exit mobile version