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Cryptocurrency

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Nigeria’s cNGN stablecoin in talks for listings on Yellow Card, Roqqu to boost adoption

The Africa Stablecoin Consortium (ASC), developers of Nigeria’s first regulatory-approved stablecoin, cNGN, is in early discussions with major African crypto exchanges Yellow Card and Roqqu to list the naira-backed token. While both parties have acknowledged the discussions, neither has yet pledged to integrate cNGN, a report by TechCabal said. Read also: Busha launches cNGN: Nigeria’s […]

Staff Writer
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cNGN celebrates landmark recognition of digital assets under Nigeria’s new securities law

On April 1, cNGN welcomed the signing of the Investment and Securities Act 2025 by President Tinubu, calling it a key move for Nigeria’s financial market and digital assets, as it officially recognises digital assets like cNGN as securities. “President Tinubu has signed the Investment & Securities Act 2025 into law, bringing stronger investor protection, […]

Staff Writer
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Binance Charity and CZ donate $1.5 million to Myanmar, Thailand quake victims

Binance Charity, in collaboration with Binance founder and former CEO Changpeng Zhao (CZ), has announced a $1.5 million donation in BNB token vouchers to support users affected by the devastating earthquake in Myanmar and Thailand. Read also: Binance suspends employee for insider trading, awards whistleblowers $100,000 Relief efforts for quake victims Binance Charity on Monday […]

Staff Writer
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Elon Musk denies U.S. government plans to adopt Dogecoin

Elon Musk has refuted rumours that the U.S. government is integrating Dogecoin into its operations. Speaking at a town hall event in Green Bay, Wisconsin, on March 30, the Tesla CEO clarified that the Department of Government Efficiency (DOGE) has no ties to the cryptocurrency despite similarities in their names. “There are no plans for […]

Staff Writer
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Ripple partners with Chipper Cash to drive crypto payments in Africa

On Thursday, Ripple, a leading blockchain payments company, announced a partnership with African fintech giant Chipper Cash to transform cross-border transactions across African countries. According to the statement, the collaboration focuses on leveraging Ripple’s blockchain-based solutions to enhance the speed, affordability, and efficiency of remittances in the continent’s rapidly growing digital payments sector. Read also: […]

Staff Writer
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Tether and Quidax collaborate on blockchain education in Africa

On Wednesday, Africa’s top cryptocurrency exchange, Quidax, announced a partnership with Tether, the biggest player in the digital asset market. This collaboration, starting in Nigeria and Ghana, seeks to improve blockchain education in Africa by educating users about stablecoins and Bitcoin. With this partnership, Quidax and Tether hope to equip more than 15,000 individuals and […]

Modupeoluwa Olalere
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Zap Africa and Paystack clash over trademarked name ‘Zap’

A heated naming dispute has erupted between Paystack, one of Africa’s leading fintech companies, and Zap Africa, a cryptocurrency platform, after Paystack launched a new product called Zap. The discussion, which has dominated tech conversations on X, centres on trademark rights, with Zap Africa trying to protect its brand. Zap Africa fights back Zap Africa, […]

Staff Writer
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North Carolina considers adding cryptocurrency to state retirement funds

On Tuesday, North Carolina lawmakers proposed a bill to include cryptocurrencies, such as Bitcoin, in the state’s retirement system. According to a memo from the General Assembly of North Carolina Session 2025, two bills introduced by the state legislature—House Bill 506 and Senate Bill 709—would allow the state treasurer to invest up to five percent […]

Staff Writer
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Binance suspends employee for insider trading, awards whistleblowers $100,000

On Tuesday, Binance, a leading global cryptocurrency exchange, suspended an employee for allegedly engaging in front-running trades using insider information. The company disclosed the findings of an internal investigation following a whistleblower complaint received on March 23. Read also: Scammers impersonating Binance steal cryptocurrency from over 130 Australians Investigation uncovers misconduct According to Binance, the […]

Staff Writer
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Pi network price plummets to $0.90: What’s behind the drop?

The scene of cryptocurrencies is humming with the newest twist involving Pi Network (PI), a project that formerly captivated imaginations with its promise to make crypto mining available via cellphones as of March 24, 2025. Pi’s price dropped steeply from its all-time high of $2.99 earlier this year to $0.90 USD. Investors, miners, and Pi […]

Olanrewaju Adeniyi
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Bitcoin, Ethereum, Solana, others gain as cryptocurrency hits $2.84 trillion in 24 hours

In the last 24 hours, the total market capitalisation of cryptocurrencies rose by 2.94 per cent to $2.84 trillion. Early trading on Monday saw notable increases in Bitcoin and other major cryptocurrencies, with Bitcoin hitting about $87,480. This is an increase of 3.712 per cent Ethereum had a significant increase as well, rising 4.05 per […]

Staff Writer
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South Africa Crypto Regulations: Travel rule compliance to begin in April 2025

South Africa is set to enforce its Crypto Travel Rule regulations starting April 30, 2025, as part of its efforts to align with global anti-money laundering (AML) and counter-terrorist financing (CTF) standards. The Financial Intelligence Centre (FIC) issued Directive 9, which will mandate the Crypto Asset Service Providers (CASPs) to implement the Travel Rule. This […]

Staff Writer
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U.S. Secret Service recovers $7 million from cryptocurrency scam

The United States, under the U.S. Attorney’s Office for the Eastern District of Virginia and the Secret Service, has said it has successfully recovered $7 million in proceeds from a cryptocurrency investment fraud scheme. The funds were reclaimed using civil asset forfeiture, and victims of the fraud will now have the opportunity to petition for […]

Staff Writer
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Pi Network introduces .pi domains with auction, compliance measures

On Friday, Pi Network, the innovative blockchain-based platform, launched its .pi domain auction, which will enable users to bid for unique domain names. The company also released a comprehensive policy document detailing compliance measures, ownership regulations, and dispute resolution frameworks. Read also: Pi network enhances security with two-factor authentication for wallet confirmation According to Pi […]

Staff Writer
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Coinbase in talks to acquire crypto derivatives giant Deribit in $4 billion deal

Coinbase Global Inc. is reportedly negotiating to acquire Deribit, one of the world’s leading cryptocurrency derivatives exchanges, in a deal that could reshape the crypto trading system. According to Bloomberg, the companies have informed regulators in Dubai, where Deribit holds a licence, about the ongoing discussions. No final agreement has been reached for now, but […]

Staff Writer
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SEC crypto task force holds first public roundtable as regulatory overhaul looms

On Friday, the U.S. Securities and Exchange Commission (SEC), a key financial watchdog, took a significant step toward reshaping cryptocurrency regulation with its first public roundtable, organised by the newly constituted Crypto Task Force. The meeting, themed “Spring Sprint Toward Crypto Clarity,” brought together industry leaders, legal experts, and former SEC officials to debate existing […]

Staff Writer
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Open House Group expands cryptocurrency payment options to XRP, SOL, and DOGE

The Open House Group, a leading real estate firm listed on the Tokyo Stock Exchange, on Friday announced the addition of XRP, Solana (SOL), and Dogecoin (DOGE) to its cryptocurrency payment options. The company, which first introduced Bitcoin (BTC) and Ethereum (ETH) payments in January 2025, said the decision aligned with the growing global demand […]

Staff Writer
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South Korea cracks down on unregistered crypto exchanges, targets KuCoin and BitMEX

South Korea’s financial regulators are intensifying efforts to crack down on unregistered cryptocurrency exchanges operating within the country. According to a March 21 report by local media outlet Hankyung, the Financial Intelligence Unit (FIU) is considering blocking access to platforms like BitMEX, KuCoin, CoinW, Bitunix, and KCEX, which allegedly offered services to South Korean users […]

Staff Writer
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Binance Nairobi Meetup 2025: Driving crypto growth and regulation in Africa

Binance, the world’s largest cryptocurrency exchange, reaffirmed its commitment to Africa’s digital economy at the Binance Nairobi Meetup 2025, which attracted over 430 attendees and 12 industry experts. The event, held on Wednesday in Nairobi, focused on the future of cryptocurrency and Web3 in Africa, with discussions on regulatory frameworks, cybersecurity, and financial inclusion. Read […]

Staff Writer
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Trump pledges to make U.S. the world’s crypto capital

U.S. President Donald Trump vowed on Thursday to position America as a global leader in cryptocurrency, promising to make the nation a trailblazer that sets the pace for others in a world that is leaning towards digital assets.. In a video address at the Digital Asset Summit in New York, Trump pledged to make America […]

Staff Writer
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