A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Losses from cryptocurrency crime surged to 4.52 billion dollars in 2019, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace. Last year’s losses were up nearly 160 per cent from 2018’s total of 1.74 billion dollars. Blockchain, which first emerged as the system powering bitcoin, is
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United States authorities arrested three men in an alleged fraud that raised $722 million from investors lured by fake bitcoin mining earnings, the Justice Department announced Tuesday. Prosecutors described the scam as a “high-tech Ponzi scheme” run by the “BitClub Network,” which took money from investors and rewarded them for recruiting new shareholders. From April
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Speaker of the House of Representatives, Femi Gbajabiamila, has called for appropriate regulatory framework to guide the use of cryptocurrency in the country.
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To think that decentralised digital currencies like Bitcoin and Ethereum won’t fundamentally change how the world views and uses money would be rather absurd.
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France is creating a G7 task force to ensure that transnational crypto currencies like Facebook’s Libra are regulated to protect the economy and the consumer.
Read More European financial leaders on Tuesday vowed vigilance after Facebook announced it was diving into the cryptocurrency market, as analysts warned the social media giant could face major regulatory questions.
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Dutch investigators said Wednesday they have busted one of the biggest online money laundering services for cryptocurrencies worth hundreds of millions of euros a year.
Read More As the cryptocurrency market makes a dramatic comeback, Luno is not taking its foot off the pedal in its efforts to educate Nigerians about cryptocurrencies. Last week at the University of Lagos, the company kicked-off the first leg of what is to be a six-university literacy tour before the end of 2019.
Read More In its quest to promote literacy in cryptocurrency in Nigeria and empower users to not only make informed decisions but also feel safer, Luno Nigeria is organising the second edition of its meetup in Abuja on Saturday, March 30, 2019.
Read More The world’s largest maker of cryptocurrency mining chips has shelved plans for an ambitious initial public offering in Hong Kong, becoming the latest victim of bitcoin’s price plunge.
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