Cryptocurrency – Page 2 of 7 – Prime Business Africa

US Court Drops $258bn Lawsuit Against Elon Musk Over Alleged ‘Crypto Pyramid Scheme’

Elon Musk Cleared in $258 Billion Dogecoin Lawsuit A United States court has dismissed a $258 billion class action lawsuit filed against Elon Musk, Tesla, and SpaceX, which claimed they promoted a

Emmanuel Ochayi

August 31, 2024

Business·News·Tech News·World News

Australians Lose $122m To Crypto Scams In 1 Year

Crypto Scams Surge in Australia: $122 Million Lost Australians have lost over $122 million to crypto investment scams in the past 12 months, with those under 50 being the primary targets. The

Emmanuel Ochayi

August 29, 2024

News·Technology·World News

Crypto Millionaires Surge By 95% Amidst Rising Popularity Of Exchange-Traded Funds

Global Increase in Crypto Millionaires The global population of crypto millionaires has surged by 95% over the past year, according to a recent report by New World Wealth and Henley & Partners.

Emmanuel Ochayi

August 28, 2024

United States Seizes $5 Million In Tether From Pig Butchering Scams, FBI Warns Of Rising Cybercrime

News·World News

United States Seizes $5m In Tether From Pig Butchering Scams, FBI Warns Of Rising Cybercrime

United States Authorities Crack Down on Pig Butchering Scams United States authorities have successfully seized over $5 million worth of Tether, a popular cryptocurrency, in the latest effort to curb cybercrime. This

Emmanuel Ochayi

August 25, 2024

Business·News·World News

Bitcoin Reacts To U.S. Inflation Data: What’s Next For The Cryptocurrency?

Bitcoin and Inflation: A Volatile Week Bitcoin’s price saw significant swings this week as the U.S. Consumer Price Index (CPI) report was released. The cryptocurrency’s value surged ahead of the report, reflecting

Emmanuel Ochayi

August 17, 2024

Tether's Market Capitalisation Reaches $115 Billion, Solidifying Its Dominance In The Crypto Industry

Business·Markets·News

Tether’s Market Capitalisation Reaches $115 Billion, Solidifying Dominance In Crypto Industry

Tether’s Market Capitalisation Surpasses $115 Billion Tether’s USDT has achieved a milestone, with its market capitalisation crossing the $115 billion mark. This achievement solidifies Tether as the third-largest cryptocurrency by market capitalisation

Emmanuel Ochayi

August 12, 2024

News·World News

Cryptocurrency: Ethereum ETFs Set To Launch On July 23 with US SEC’s Preliminary Approval

SEC Approves Ethereum ETFs for July 23 Launch The long-awaited spot Ethereum Exchange Traded Funds (ETFs) are set to begin trading by July 23 after the United States Securities and Exchange Commission

Emmanuel Ochayi

July 17, 2024

Business·News

Minister Urges SEC To Tighten Cryptocurrency Oversight, Ensure Market Integrity

Minister of Finance Calls for Stringent Oversight On Cryptocurrency The newly inaugurated board of the Securities and Exchange Commission (SEC) has been called upon to tackle the complexities of regulating cryptocurrencies and

Emmanuel Ochayi

July 9, 2024

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transaction In Nigeria

Business·News

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

KuCoin Implements VAT on Transactions KuCoin, a cryptocurrency exchange operating in Nigeria, announced on Wednesday that it would begin charging a 7.5% Value-Added Tax (VAT) on transaction fees starting July 8, 2024.

Emmanuel Ochayi

July 4, 2024

Crypto industry loss to hacks reduced by 54.2% in June, only $176 million lost

Business·News·World News

Crypto Hacks In June Drop By 54.2% As Industry Sees $176m In Losses

Crypto Losses Decline in June The month of June witnessed a notable decline in crypto hacks and exploits, with net losses dropping by 54.2% compared to May. The industry recorded a net

Emmanuel Ochayi

July 2, 2024

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Cryptocurrency - Page 2

US Court Drops $258bn Lawsuit Against Elon Musk Over Alleged ‘Crypto Pyramid Scheme’

Australians Lose $122m To Crypto Scams In 1 Year

Crypto Millionaires Surge By 95% Amidst Rising Popularity Of Exchange-Traded Funds

United States Seizes $5m In Tether From Pig Butchering Scams, FBI Warns Of Rising Cybercrime

Bitcoin Reacts To U.S. Inflation Data: What’s Next For The Cryptocurrency?

Tether’s Market Capitalisation Reaches $115 Billion, Solidifying Dominance In Crypto Industry

Cryptocurrency: Ethereum ETFs Set To Launch On July 23 with US SEC’s Preliminary Approval

Minister Urges SEC To Tighten Cryptocurrency Oversight, Ensure Market Integrity

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

Crypto Hacks In June Drop By 54.2% As Industry Sees $176m In Losses

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