Crypto Losses has fallen to $452m in first Quarter of 2023, reports says Cryptocurrency losses resulting from hacks and scams fell by $452m in the first quarter of 2023, De.Fi, an antivirus and app provider firm, has disclosed. In its latest report, titled ‘Report: $452m Lost in Crypto in Q1 2023. New Trends of Hacks…
Cryptocurrency trading platform, Crypto.com, has announced plans to reduce its global workforce by 20%. The company said the decision was made to be able to “navigate the ongoing economic headwinds and unforeseeable industry events.” The number of staff constituting the 20% is yet to be ascertained, this will be the second time in less than a…
Binance, the world’s biggest cryptocurrency platform, has agreed to buy its financially-troubled rival FTX.com, according to an announcement Tuesday on Twitter. In a tweet, Binance chief executive Changpeng Zhao said the group had signed a non-binding letter of intent “to fully acquire FTX.com”, which is suffering from “a significant liquidity crunch”. No financial terms were…
The presidential candidate of the Social Democratic Party (SDP) Adebayo Adewole has declared that if elected in 2023, his administration would leverage technological opportunities such as blockchain and crypto to provide up to 30 million jobs for Nigerians. He boasted that he would be relying on time-tested strategies that have worked in other countries to…
Binance, the world’s biggest exchange for crypto-assets, has today disclosed that the firm has lost $100 million in cryptocurrency to scammers. The Company’s Chief, Changpeng Zhao said on his Twitter that “an exploit” in the system led to extra production of the exchange’s dedicated currency, adding the current impact estimate is around $100million. He said that the…
The Economic and Financial Crimes Commission (EFCC) on Wednesday disclosed that it can not stop Nigerians from using cryptocurrency in the country. The Director of Operations in the commission, Abdulkareem Chukkol disclosed this while answering questions on the agency’s Twitter space session on Wednesday evening. He, however, warned that the anti-graft agency will go after…
The flagship crypto is recording a significant buying spree as Bitcoin bounced above the $60,500 price level once again. The global crypto market value at press time stood at $2.05 trillion, a 3.85% increase over the last day, with Bitcoin having a market value of $1.123 trillion and a circulating supply of 18,678,481 BTCs Bitcoin’s…
Cristiano Ronaldo Has Become First Footballer To Earn Crypto As He Collects 770 JUV Tokens For Each Senior Career Goal Scored. Truetells Nigeria reports that the world’s highly respected footballer, Cristiano Ronaldo collected about 770 Fan Tokens JUV ahead of Juventus’ match against Benevento on Sunday as a way of marking his record-breaking goal milestone….
Bitcoin Has Hit Record High Above $43,000. Truetells Nigeria reports that Bitoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency. Bitcoin hit $43,725.51 around 1300 GMT, before cooling slightly to $42,352. The cryptocurrency is up around 50 percent since the start of…
