Bitcoin Mining Firm Faces $100M Bankruptcy Debt
Rhodium Enterprises, a significant player in the sector, has filed for bankruptcy under Chapter 11 in Texas. This follows a series of bankruptcies among Bitcoin miners, as the industry grapples…
Rhodium Enterprises, a significant player in the sector, has filed for bankruptcy under Chapter 11 in Texas. This follows a series of bankruptcies among Bitcoin miners, as the industry grapples…
Binance is sounding the alarm over the ongoing detention of its employee, Tigran Gambaryan, in Nigeria. It’s been six months since Gambaryan’s arrest, and Binance CEO Richard Teng is urging…
Bitcoin is designed to challenge the status quo and provide an alternative to the traditional financial systems that have failed so many. Satoshi Nakamoto, the pseudonymous creator of Bitcoin, envisioned…
Remember the financial crisis of 2008? It was a total mess. Banks were failing, and people were losing their money left and right. That’s when a mysterious guy named Satoshi…
Before you hit “send” on that crypto transaction, ask yourself: Are my crypto transactions secure? The crypto world has incredible opportunities, but you face significant risks if you don’t take…
Earlier in March this year, the Nigerian government tightened crypto regulations, resulting in the removal of P2P trading and Binance. They aimed to crack down on illegal activities, like money…
What would you do if you had one million dollars? In a place where inflation can make managing money difficult, sustaining financial stability looks unrealistic. That is until USDT entered…
Just last month, OKX, a global crypto exchange, shut down operations in Nigeria, leaving users with little time to move assets. This was due to the inability to follow the…
Nigeria’s Federal Inland Revenue Service (FIRS) is gearing up for a major overhaul. The FIRS Chairman, Zacch Adedeji, recently announced plans to simplify tax laws, digitalize crypto revenue collection, and…
Cryptocurrency wasn’t very popular and was tagged as a scam a few years ago. Fast forward to 2024, where we see a digital Nigeria with 6.32 million crypto traders contributing…