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The highly anticipated airdrop from the crypto-mining app Hamster Kombat has sparked outrage among thousands of Nigerians. After five months of dedicated effort tapping to earn...
Fintechs, including Opay and PalmPay, are discouraging crypto trading on their platforms. Their actions follow a CBN directive to the digital banks to stop onboarding new...
Sam Bankman-Fried ran FTX, a crypto exchange company, which collapsed in November 2022. The collapse left customers, investors and lenders short over $11 billion. The crypto...
EKO HOT BLOG reports that Crypto experts and enthusiasts have expressed concerns over the recent ban on Binance naira operations in Nigeria, warning that it could exacerbate...
The Nigerian government has been unfriendly towards cryptocurrency trading in the past. It had always warned that crypto assets are risky investments. The government took its...
IThe crypto winter is apparently not over yet. Coinbase announced Tuesday that it was laying off 950 people, about 20% of its staff. The job cuts...
Disgraced crypto boss Sam Bankman-Fried says he hopes to start a new business to make enough money to pay back victims of the FTX collapse. Eko...
FTX cannot find at least N1 billion of customer funds after filing for bankruptcy. Eko Hot Blog reports that at least $1 billion of customer funds...
Crypto giant FTX has filed for bankruptcy after suffering a stunning downfall from grace. Eko Hot Blog reports that cryptocurrency exchange FTX has filed for Chapter...
Naira has crashed massively at the official investors’ and exporters’ window. Eko Hot Blog reports that the exchange rate between the naira and the US dollar closed at N416.67/$1...