Nigeria’s crypto market surged to ₦75 trillion ($50 billion) in transactions between July 2023 and June 2024, far outpacing traditional investments and highlighting waning confidence in the capital market.
Coinbase Invests in India’s CoinDCX at $2.45 Billion Valuation to Boost Global Crypto Expansion
Coinbase makes a new strategic investment in Indian crypto exchange CoinDCX, valuing it at $2.45 billion. The move strengthens Coinbase’s footprint in Asia’s fast-growing digital asset market.
Bitcoin Hits All-Time High Above $125,000 as Institutional Demand Surges
Bitcoin surges to a new record high of $125,245, driven by stronger institutional demand, favorable U.S. regulations, and a weakening dollar amid economic uncertainty.
Binance Founder Warns of North Korean Hackers’ Sophisticated Crypto Exchange Attacks
Binance founder Changpeng Zhao has exposed how North Korean hackers infiltrate crypto exchanges using fake job applications, bribery, and malware, stealing billions in digital assets.
Binance Pay and Zapper Partner to Bring Crypto Payments to 31,000 South African Merchants
Binance Pay has partnered with South Africa’s Zapper, enabling crypto payments at over 31,000 merchants nationwide. Learn how this deal boosts adoption, everyday usage, and cashback rewards.
Gemini Raises IPO Price Range, Targets $3 Billion Valuation Amid Crypto Boom
Crypto exchange Gemini, backed by the Winklevoss twins, lifts IPO price range to $24–$26 per share, targeting a $3.08 billion valuation as investor demand for digital assets surges.
HashKey to Launch $500 Million Digital Asset Treasury Fund in Hong Kong
Hong Kong’s largest licensed crypto exchange, HashKey, announces a $500 million Digital Asset Treasury fund focusing on Bitcoin, Ethereum, and Web3 ecosystem growth.
Nigeria Slips to 6th as India and U.S. Lead in Chainalysis 2025 Global Crypto Adoption Index
Chainalysis’ 2025 Global Crypto Adoption Index ranks India first and the U.S. second, while Nigeria falls to sixth amid growing institutional adoption and regulatory shifts.
SEC warns Nigerians against unregistered trading platform CMTrading
The Securities and Exchange Commission (SEC) has issued a public warning against CMTrading, a cryptocurrency and commodities trading platform, over concerns of fraudulent activities in Nigeria’s capital market.
Despite global distress, over 80 Nigerian web3 startups have raised $130m – report
Nigeria has solidified its position as Africa’s leading hub for Web3 innovation, with over 80 startups collectively raising $130 million and contributing 4% of the world’s new Web3 developers so far.