Nigeria’s Securities and Exchange Commission (SEC) is moving to bring more of the country’s rapidly expanding digital asset market under formal regulatory oversight. But the growing scale of crypto activity means the regulator now faces a bigger challenge, that is, turning a largely market-driven ecosystem into a compliant and investor-protected financial market. The SEC recently …
MEXC, a digital asset exchange and a pioneer of true zero-fee trading, has released its February Proof of Reserve report, confirming that all major assets maintained reserve ratios above 100%. It said BTC reserve coverage rose to 267%, demonstrating the platform's continued commitment to transparency and user asset protection. The February report shows reserve ratios …
Celebrity Nigerian crypto entrepreneur Linus Williams Ifejirika, popularly known as Blord, has officially trademarked the name “Ratel” and issued a cease and desist to social media critic VeryDarkMan (VDM), barring him from using it without permission. Blord announced the move in a viral Instagram post, stating that VDM can only use the name after obtaining …
For 15 years, Americans have been forced to chase crypto dreams offshore on exchanges with no real protections, where billions vanished in collapses like FTX. That era just ended. The U.S. Commodity Futures Trading Commission (CFTC) announced on Thursday, December 4, 2025, that spot cryptocurrency trading is now approved on federally regulated exchanges for the …
If you’ve ever joked, “Wen Lambo?” while staring at your Bitcoin gains, Lamborghini just made it real without the six-figure price tag. The Italian supercar icon teamed up with hardware wallet leader "Ledger" to launch a custom-branded version of the Stak device, complete with an E Ink touchscreen, support for over 15,000 coins, and a …
Bitcoin, the world’s largest cryptocurrency by market value, fell by 1.59% to $93,684 as of 4:21 p.m. ET (2121 GMT) on Sunday, reflecting ongoing volatility in global crypto markets. The decline comes after a period of sharp fluctuations in the digital asset space, driven by investor concerns over potential interest rate hikes, regulatory scrutiny, and …
The U.S. cryptocurrency market is bracing for a surge of new exchange-traded funds (ETFs) after regulators streamlined approval standards, reducing hurdles for issuers. The U.S. Securities and Exchange Commission (SEC) last week approved new listing standards that allow crypto ETFs meeting predetermined requirements to launch without lengthy, case-by-case reviews. Approval timelines have decreased to as …
The crypto market has come under intense pressure after Bitcoin (BTC), the undisputed king of digital assets, crashed below $113,000 on Sunday. It also dragged Ethereum (ETH) down by over 7 per cent to $4,100 and Solana (SOL) to a grim $221. The fallout? A staggering $220 billion vaporised from the total crypto market cap, …
Fidelity Investments, a financial services firm, recently bought 34,187 ETH, worth about $154 million at $4,500 per token, marking a significant step in the adoption of cryptocurrency in the mainstream financial system. According to an on-chain data report, "The world of digital assets is evolving, with institutional crypto adoption accelerating. Fidelity Investments, a firm managing …
Nigeria’s push into digital finance is under scrutiny as doubts grow about the credibility of the country’s flagship stablecoin, the cNGN. Promoted as Africa’s gateway to global crypto adoption, the project now faces tough questions about reserves, adoption, and sovereignty. cNGN’s last attested report showed about 298 million tokens in circulation as of June. By …
