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Diligence News

Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000

A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited,... Read more

Posted by bitcoin.com a week ago

Nigeria’s Currency Plunges as Dollar Liquidity Dries Up: Will a Naira-for-Crude Oil Swap Revive It?

The Nigerian naira recently hit a new low against the U.S. dollar, ranking among the three worst-performing currencies globally. Dollar... Read more

Posted by bitcoin.com 2 weeks ago

What Singapore should do for Token Regulation: My Suggestions for Proposed DTSPs Framework

Singapore has consistently positioned itself as a forward-thinking jurisdiction, balancing innovation with robust regulatory oversight. As a fellow Singaporean, I am very... Read more

Posted by financemagnates.com 3 weeks ago

DEXs Face Profitability Challenges: Astrovault Proposes an Approach

Most people spend their lives striving for financial freedom, yet many find themselves constrained by institutions designed to safeguard money.When we place... Read more

Posted by financemagnates.com 3 weeks ago

World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years

The World Bank reports that Nigeria lost over $8 billion due to the Central Bank of Nigeria’s (CBN) refusal to... Read more

Posted by bitcoin.com 3 weeks ago

South Korea Plans to Regulate Cross-Border Crypto Transactions

The South Korean government plans to regulate cross-border transactions of virtual assets, such as cryptocurrencies, The Korea Times reported. The... Read more

Posted by financemagnates.com 3 weeks ago

Binance Executive's Trial Delayed to October 25 Due to Health Concerns

A Nigerian court has adjourned the trial of Binance executive Tigran Gambaryan, who is currently detained in Nigeria. The trial was delayed... Read more

Posted by financemagnates.com 4 weeks ago

Nigerian Currency ‘Most Competitive in 20 Years,’ Says World Bank

Nigeria’s currency reforms under Bola Tinubu’s government have made the naira one of the most competitive in 20 years, according... Read more

Posted by bitcoin.com 4 weeks ago

Nigeria Receives Nearly $100,000 From Unlicensed Crypto Firms

The Nigerian government received nearly $100,000 from two cryptocurrency firms accused of conducting unlicensed conversions of tether (USDT) to naira... Read more

Posted by bitcoin.com a month ago

Cuba Officially Asks Russian President Vladimir Putin to Join BRICS Coalition

The Republic of Cuba has reportedly asked Russia if it can join the BRICS alliance, the coalition that’s competing against... Read more

Posted by dailyhodl.com a month ago

Nigeria Injects $543.5M to Shore up Naira

The Central Bank of Nigeria (CBN) injected $543.5 million into the Nigerian foreign exchange market between September 6th and 30th... Read more

Posted by bitcoin.com a month ago

Nigeria Central Bank Governor Defends Naira Float Decision

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the importance of the decision to float the... Read more

Posted by bitcoin.com a month ago

Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review

Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening... Read more

Posted by bitcoin.com a month ago

Nigeria Unveils Oil-for-Naira Program to Stabilize Local Currency

Nigeria began selling crude oil to billionaire Aliko Dangote’s new refinery in naira on October 1st. This “oil for naira”... Read more

Posted by bitcoin.com 2 months ago

Championship Double Winnings: Bet Big with Alex Pereira

Alex Pereira returns to face Khalil Rountree, and Stake has an exciting betting promotion!The postChampionship Double Winnings: Bet Big with... Read more

Posted by bitcoinchaser.com 2 months ago

Restaking is growing like crazy… but it could crash and burn

Users are flocking to yield farm restaking protocols, but poor risk management and due diligence is a ticking time bomb.... Read more

Posted by cointelegraph.com 2 months ago

AI pioneer Mira Murati leaves OpenAI amid high-stakes leadership shifts

Mira Murati, Chief Technology Officer at OpenAI, has announced her departure from the company after six and a half years.... Read more

Posted by cryptoslate.com 2 months ago

Nigerian Currency Plunges After Central Bank Rate Hike

The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest... Read more

Posted by bitcoin.com 2 months ago

From Niche to Mainstream: How Crypto Can Strengthen Its Derivatives Market

One advantage that traders have in the traditional financial markets over cryptocurrency ones is the option to trade derivatives. Financial contracts for... Read more

Posted by financemagnates.com 2 months ago

Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles

Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes.... Read more

Posted by bitcoin.com 2 months ago

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