Trump claimed that Nigerian Christians faced an "existential threat" and publicly threatened to use force! However, the Nigerian president quickly countered, saying the accusation "does not reflect our national reality".
Nigeria's leading fintech company Flutterwave has partnered with Polygon Labs to launch a stablecoin cross-border transfer network covering 34 African countries, which will leverage Polygon's Ethereum-compatible infrastructure to increase transaction speed and reduce settlement costs. Olugbenga Agboola, Flutterwave's chief executive, said that by bypassing the traditional banking system, the move could lead to a "tenfold increase" in the company's current payment transactions. He added that the ...
The Financial Action Task Force (FATF) has removed South Africa and Nigeria from its anti-money laundering grey list.
The Colorado State Attorney's Office announced today that Adetomiwa Seun Akindele, a 37-year-old Nigerian man, has been sentenced to 71 months in prison for running a cryptocurrency "love scam". It is reported that Akindele impersonated Italian-American businessman "Frank Labato" during 2018 to defraud a Colorado widow of about $1.70 million in cryptocurrency through dating websites. FBI Denver Division Special Agent Mark Michalek said that such scammers usually target the trust and emotions of ...
According to @pete_rizzo_, Nigeria's gas minister will hold a meeting on bitcoin mining.
Nigeria's Securities and Exchange Commission (SEC) Director General Emomotimi Agama announced at the Lagos Stablecoin Summit on Thursday that the country is open to compliance stablecoin businesses and has introduced several stablecoin application companies through a regulatory sandbox.
According to News. Bitcoin, the Nigerian terrorist group Boko Haram is increasingly relying on cryptocurrencies, mobile payments and other digital tools to fund its activities, obtaining millions through ransoms, looting and forced "zakat" donations. Experts have called these digital financing methods "blind spots" in the fight against terrorism. Nigeria's vast and largely unregulated crypto market, driven by economic needs, has inadvertently facilitated this threat. Experts such as Oge Sa...
In an interview with Consensus 2025, Caitlin Cook, development director of Moonwalk, a Web3 fitness app, said that the top four markets for the project are currently France, the United States, Nigeria, and Vietnam. Moonwalk Fitness offers users a variety of game options, with varying game lengths, steps, and entry fees. Users need to pay a certain fee (in USDC, BONK, or SOL) to join the game. If users reach the daily step goal, they can receive a full refund and organic...
On April 12, according to News.bitcoin, the Department of Justice (DOJ) announced on April 9 that a Nigerian man has been charged in Massachusetts with orchestrating a sophisticated love scam that defrauded more than $2.50 million and transferred the funds into a cryptocurrency account he secretly managed. According to prosecutors, the man created fake online identities between 2016 and 2019 to establish fake romantic relationships with his victims, targeting people all over the United States. T...
The Nigerian court has adjourned the tax evasion case against Binance until April 30 to allow the tax authorities to respond to Binance's legal motion. The Nigerian Federal Revenue Service has accused Binance of unpaid corporate income taxes and fines for 2022 and 2023, claiming a total of more than $79 billion. Binance has questioned the legality of the court's delivery of legal documents by email, saying it is headquartered in the Cayman Islands and has no entity in Nepal.