Beyond the direct payments for s£*ua| services, Lagos men reportedly spent an additional N332 billion on associated costs, with entertainment, food, and hospitality accounting for a...
A court ordered the forfeiture of $222,000 in crypto fraud proceeds. The EFCC arrested 792 suspects linked to the scam. A hearing is set for March...
Trump launched a meme coin just before his inauguration, raising ethical concerns. Experts worry his policies could inflate the coin’s value, creating conflicts of interest. While...
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...