Nigerian House Committee Summons Binance CEO Over Alleged 'Suspicious Flows' On Exchange
A Nigerian House committee has summoned Binance's CEO with an ultimatum to appear before the panel on or before Monday after he allegedly refused to make an appearance in earlier invitations.
SQN Venture Partners Invests Over $300 Million To Date, Without The Use Of Leverage
SQN Venture Partners strives to understand the businesses that it is lending to, including all the nuances and challenges that the companies may face.
Lavrov In Turkey As Erdogan Seeks Ukraine Peace Breakthrough
Russian Foreign Minister Sergei Lavrov on Friday visited Turkey which has sought to revive Russia-Ukraine peace talks and ways to ensure safe navigation in the Black Sea.
Eurozone Inflation Dips Further In February
Eurozone inflation continued to ease in February, data showed Friday, but economists warned it was unlikely to push the European Central Bank to cut interest rates next month.
Gemini Reaches Settlement To Return $1.1B In Digital Assets To Earn Users
Gemini has reached a settlement to pay over $1 billion to users of its defunct Earn program that collapsed after financial services company Genesis, which held Earn users' funds, defaulted on Earn customers' loans.
Binance Nigeria Accused Of Funneling $26B Untraceable Funds; 2 Senior Execs Reportedly Detained
The Nigerian government reportedly blocked Binance, Coinbase, Kraken, and several other crypto trading platforms last week as part of its efforts to curb the Nigerian Naira's downturn.
Bitcoin Tops $60,000, Approaches All-time High
Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency.
Republican Senators Move To Block Federal Reserve From Issuing A CBDC
Sen. Ted Cruz and several other Republican senators are pushing a bill that could prohibit the U.S. central bank from issuing CBDCs, saying a CBDC will only infringe on the American public's financial freedoms.
Foreign CBDCs Could Erode US Dollar's Exchange Medium Role: Fed Analysts
U.S. Federal Reserve analysts have warned of "some potential" for the dollar's role as a medium of exchange to be eroded with the rise of well-designed foreign CBDCs.
OKX Launches In Crypto-Friendly, High Demand Turkey
OKX has launched OKX TR for Turkish crypto users, promising low transaction fees and quick processing of deposits and withdrawals.
Thousands Of Nigerians Protest Soaring Costs
Thousands of Nigerians rallied against soaring living costs on Tuesday as the worst economic crisis in a generation leaves many struggling to afford food.
Economic Pain Casts Dark Shadow As Iranians Go To Vote
As Iranians head to the polls for legislative and other elections on Friday, candidates have promised them on campaign posters to "fight corruption" and "fix the economy".
20 Highest-Grossing Cryptocurrencies Of 2024: Chart-Toppers That Define The Market
Let's delve into the top-performing cryptocurrencies of 2024 and explore the factors driving their success.
Hotels, Flights Booked Out As 'Swift Effect' Hits Singapore
The "Swift effect" is about to hit Southeast Asia but Singapore has left some of its neighbours seeing red while it profits from a Taylor-made tourism boom as the star's only stop in the region.
US-China Economic Flashpoints At A Glance
From a trade imbalance to technological competition, a host of economic flashpoints are boosting tensions between Washington and Beijing -- and these are among areas in which both Republicans and Democrats can agree.
Economy Another Victim Of War In Impoverished Sudan
Before the Sudanese army and paramilitary fighters turned their guns on each other last year, Ahmed used to sell one of Sudan's main exports: gum arabic, a vital ingredient for global industry.
'Emperor's New Clothes': European Central Bank Compares Spot BTC ETFs Approval To Deception Folktale
Despite the SEC's recent approval of 11 spot Bitcoin ETF's the European Central Bank is unconvinced that Bitcoin has lived up to its promises.
Shaping Tomorrow's Workplace: Merging Technology, Sustainability And Value-Driven Careers
It is important for us to use advanced technologies and scalable systems to keep up with market trends, compete effectively against high-volume competitors, and meet customer demands without sacrificing quality.
Argentine Austerity Anger Mounts, But Govt Says Its Working
Argentine trains ground to a halt and hospitals were left running on fumes this week as austerity measures sparked mass walkouts -- even as the country boasted its first budget surplus in 12 years.
Turkey Ends Tightening Cycle, Keeps Interest Rate At 45%
Turkey's central bank maintained its key interest rate at 45 percent on Thursday, marking the end of its monetary tightening cycle after eight consecutive months of hikes.
The Altruistic Mission Vision Of Consumers United: The Social Media Network That Gamifies Life
Consumers United rewards users for their time on the platform, breaking away from the usual model where social networks profit without giving back to users.
Kosovo's Serbs Hit By Lines, Limited Withdrawals After Currency Ban
Long lines snaked around banks in northern Kosovo on Wednesday, as ethnic Serbs waited to receive salaries and pensions in limited tranches following a government regulation targeting Serbia's dinar currency.
US Bans 10 Crypto Addresses Linked To LockBit Ransomware Group
The Treasury's OFAC has blacklisted 10 Bitcoin and Ether addresses that it said were linked to two LockBit-associated individuals.
CoinMarketCap Research Releases Decentralized USD (USDD) Report, Over-Collateralized Stablecoin With Leading Ratio of 204.5%
Dubai, UAE, February 20th, 2024, Chainwire
'This Hunger Is Too Much': Nigerians Protest Economic Hardship
Hundreds of Nigerians demonstrated against the soaring cost of living in the south of the country on Monday after huge protests in the north earlier this month.
Virginia Proposes $17K Yearly Fund For Newly Formed Crypto, Blockchain Commission
Virginia has yet to reach the crypto-friendly levels of Colorado, Wyoming, and other U.S. states considered to have business-centric crypto ecosystems, but it is moving steadily toward embracing the sector.
Asia Stocks Mixed As China Enjoys Lunar New Year Bump
Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts.
Fed Governor Says DeFi Trading Will Strengthen US Dollar's Global Dominance
Fed Governor Christopher Waller has given a different take the DeFi marketplace amid ongoing fears that it could erode the U.S. dollar's dominance.
US Dollar Dominance Not Under Threat, Despite Risks: Fed Official
The status of the US dollar as the world's reserve currency is likely to continue, despite threats posed by China's rise and the growth of cryptocurrencies, a US Federal Reserve official said Thursday.
Cuba Boosts Doctors' Wages In Bid To Halt Mass Exodus
Cuban cardiologist Alexey Lopez, 59, is sleeping a bit better since his salary got a bump -- part of government efforts to stop its renowned health care system from bleeding doctors amid the island's worst economic crisis in decades.