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How to Buy Ethereum in Nigeria (2026 Update) If you are looking to invest in digital assets, learning how to buy Ethereum in Nigeria in 2026 is often the best next step after Bitcoin. Ethereum (ETH) is far more than just a digital coin; it is the backbone of decentralised finance (DeFi), smart contracts, and…
Authorities have seized the domain of BG Wealth Sharing, a suspected $150 million cryptocurrency Ponzi scheme, after the investment group allegedly conducted a rug pull that left thousands of retail investors devastated. In a coordinated effort, law enforcement agencies working alongside major crypto exchanges successfully froze more than $41 million in illicit funds that fraudsters…
The stablecoins landscape is undergoing a fundamental shift, with the real advantage no longer lying in token issuance or technical infrastructure, but rather in direct user relationships and distribution networks, according to Christian Catalini, co-creator of Meta’s failed Diem stablecoin and current MIT professor. The stablecoin market has exploded in recent weeks, with new offerings…
Nicholas Hammer, co-founder and CEO of crypto lender Blockfills, has stepped down from his leadership position following significant financial losses, according to a person with direct knowledge of the matter. The Chicago-based firm suffered approximately $75 million in losses and suspended client deposits and withdrawals earlier this month due to recent market and financial conditions….
Japan’s Crypto-Friendly Takaichi Wins Landslide Victory A prominent crypto-friendly politician has secured a decisive electoral victory in Japan, signaling potential shifts in the country’s approach to digital assets and blockchain regulation. The landslide win comes at a time when Japan is reassessing its position in the global crypto landscape, with increased scrutiny on how the…
ARK Invest offloaded $17.4 million worth of Coinbase (COIN) stock while simultaneously purchasing $17.8 million in Bullish (BLSH) shares on Thursday as cryptocurrency equities faced significant losses. Cathie Wood’s investment management firm sold 119,236 COIN shares valued at $17.4 million at Thursday’s close, according to regulatory disclosures. Coinbase stock declined 13.3% on the day, closing…
Michael Burry, the investor famous for predicting the 2008 financial crisis in “The Big Short,” has drawn parallels between Bitcoin’s current market decline and the cryptocurrency’s 2021-2022 bear market, suggesting further downside risk. In an X post on Thursday, Burry compared Bitcoin’s drop from its October high of $126,000 to current levels around $70,000 with…
U.S. spot Bitcoin exchange-traded fund (ETF) investors are demonstrating unexpected resilience amid a four-month cryptocurrency downturn that has wiped out significant gains since the products launched in January 2024. Bitcoin ETF holders are currently sitting on paper losses of approximately 42%, with the world’s largest cryptocurrency trading below $73,000. Despite these substantial losses, ETF analyst…
Epstein Was an Early Coinbase Investor, Report Reveals Jeffrey Epstein, the convicted financier who died in prison in 2019, was an early investor in Coinbase, according to newly surfaced information. The revelation raises questions about the cryptocurrency exchange’s early funding sources and its vetting processes during its formative years. Epstein’s involvement with Coinbase dates back…
Nomura Reduces Crypto Exposure After Q3 Profit Decline, Cites Market Turbulence Japanese banking giant Nomura will temporarily reduce its exposure to cryptocurrency following a significant drop in profits during the third quarter, the company announced Friday. Chief Financial Officer Hiroyuki Moriuchi stated that Nomura would lower its risk exposure at Laser Digital Holdings, its Switzerland-based…
Australia’s Federal Court has ordered financial services company BPS Financial Pty Ltd to pay 14 million Australian dollars ($9.3 million) in penalties for operating an unlicensed financial services business and making misleading claims about its Qoin Wallet product. The ruling follows years of legal action brought by the Australian Securities and Investments Commission (ASIC), the…
CZ Rules Out Binance Return Despite Trump Pardon, Predicts Bitcoin Supercycle in 2026 Binance co-founder Changpeng Zhao has definitively ruled out returning to lead the cryptocurrency exchange, even though a presidential pardon from Donald Trump has technically lifted restrictions that previously barred him from the role. Speaking on CNBC’s Squawk Box on Sunday, Zhao confirmed…
GameStop has moved its entire Bitcoin holdings to Coinbase Prime, the institutional trading platform owned by the major cryptocurrency exchange. The video game retailer transferred all 4,710 Bitcoin, worth approximately $422 million at current prices, on Friday, according to blockchain intelligence firm CryptoQuant. The transfer sparked immediate speculation about GameStop’s intentions with its digital asset…
Galaxy Digital, the digital asset investment firm led by Mike Novogratz, is launching a $100 million hedge fund designed to capitalize on market volatility in the cryptocurrency and fintech sectors. The fund will begin operations in the first quarter of 2026, according to reporting from Coindesk. The new hedge fund will employ both long and…
