Cryptos Archives - Nairametrics https://nairametrics.com/category/market-news/cryptocurrency-news/ Destination for Business news and analysis from Africa's largest economy Wed, 09 Jul 2025 16:20:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Cryptos Archives - Nairametrics https://nairametrics.com/category/market-news/cryptocurrency-news/ 32 32 201037849 IMF flags cross-border crypto risks for Nigeria as global market surges 1,511% in five years  https://nairametrics.com/2025/07/09/imf-flags-cross-border-crypto-risks-for-nigeria-as-global-market-surges-1511-in-five-years/ https://nairametrics.com/2025/07/09/imf-flags-cross-border-crypto-risks-for-nigeria-as-global-market-surges-1511-in-five-years/#respond Wed, 09 Jul 2025 16:20:37 +0000 https://nairametrics.com/?p=518801 The International Monetary Fund (IMF) has raised red flags over Nigeria’s growing use of crypto assets for cross-border transactions, citing substantial risks to capital flow management, monetary stability, and regulatory effectiveness—especially in emerging markets. 

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]]> https://nairametrics.com/2025/07/09/imf-flags-cross-border-crypto-risks-for-nigeria-as-global-market-surges-1511-in-five-years/feed/ 0 518801 Bitcoin shows buyers’ exhaustion, struggles under $108K https://nairametrics.com/2025/06/27/bitcoin-shows-buyers-exhaustion-struggles-under-108k/ https://nairametrics.com/2025/06/27/bitcoin-shows-buyers-exhaustion-struggles-under-108k/#respond Fri, 27 Jun 2025 06:23:59 +0000 https://nairametrics.com/?p=517945 Bitcoin has, multiple times in the last 72 hours, attempted to stay above $108K.

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]]> https://nairametrics.com/2025/06/27/bitcoin-shows-buyers-exhaustion-struggles-under-108k/feed/ 0 517945 Crypto worth $2.1 billion stolen in half-year 2025—Report   https://nairametrics.com/2025/06/27/crypto-worth-2-1-billion-stolen-in-half-year-2025-report/ https://nairametrics.com/2025/06/27/crypto-worth-2-1-billion-stolen-in-half-year-2025-report/#respond Fri, 27 Jun 2025 04:46:47 +0000 https://nairametrics.com/?p=517933  A new report by blockchain intelligence firm TRM Labs has revealed that a staggering $2.1 billion worth of cryptocurrency has been stolen in the first half of 2025 across at least 75 hacks and exploits. 

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]]> https://nairametrics.com/2025/06/27/crypto-worth-2-1-billion-stolen-in-half-year-2025-report/feed/ 0 517933 FATF raises alarm over rising illicit crypto use globally, urges stronger regulation   https://nairametrics.com/2025/06/26/fatf-raises-alarm-over-rising-illicit-crypto-use-globally-urges-stronger-regulation/ https://nairametrics.com/2025/06/26/fatf-raises-alarm-over-rising-illicit-crypto-use-globally-urges-stronger-regulation/#comments Thu, 26 Jun 2025 16:34:17 +0000 https://nairametrics.com/?p=517912 Financial crime watchdog, the Financial Action Task Force (FATF), has raised an alarm over the rise of illicit finance through cryptocurrencies, warning that this could have dire consequences for the global financial market.  

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]]> https://nairametrics.com/2025/06/26/fatf-raises-alarm-over-rising-illicit-crypto-use-globally-urges-stronger-regulation/feed/ 1 517912 SEC warns Nigerians against unregistered trading platform CMTrading  https://nairametrics.com/2025/06/21/sec-warns-nigerians-against-unregistered-trading-platform-cmtrading/ https://nairametrics.com/2025/06/21/sec-warns-nigerians-against-unregistered-trading-platform-cmtrading/#respond Sat, 21 Jun 2025 05:04:25 +0000 https://nairametrics.com/?p=517572 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. 

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]]> https://nairametrics.com/2025/06/21/sec-warns-nigerians-against-unregistered-trading-platform-cmtrading/feed/ 0 517572 Hawkish Fed, Israel–Iran conflict cage Bitcoin https://nairametrics.com/2025/06/19/hawkish-fed-israel-iran-conflict-cage-bitcoin/ https://nairametrics.com/2025/06/19/hawkish-fed-israel-iran-conflict-cage-bitcoin/#respond Thu, 19 Jun 2025 11:46:56 +0000 https://nairametrics.com/?p=517485 Bitcoin consolidated on Thursday, while the wider crypto market remained subdued amid heightened tensions in the Middle East and a hawkish U.S Central Bank.

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]]> https://nairametrics.com/2025/06/19/hawkish-fed-israel-iran-conflict-cage-bitcoin/feed/ 0 517485 SEC to launch ‘Crypto Smart, Nigeria Strong’ initiative for stablecoin regulation  https://nairametrics.com/2025/06/16/sec-to-launch-crypto-smart-nigeria-strong-initiative-for-stablecoin-regulation/ https://nairametrics.com/2025/06/16/sec-to-launch-crypto-smart-nigeria-strong-initiative-for-stablecoin-regulation/#respond Mon, 16 Jun 2025 20:21:41 +0000 https://nairametrics.com/?p=517313 The Securities and Exchange Commission (SEC) in Nigeria is set to launch the 'Crypto Smart, Nigeria Strong' initiative, aimed at engaging developers in co-creating a framework for stablecoin regulations.  

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]]> https://nairametrics.com/2025/06/16/sec-to-launch-crypto-smart-nigeria-strong-initiative-for-stablecoin-regulation/feed/ 0 517313 Binance financial crime chief Tigran Gambaryan exits firm months after Nigeria detention  https://nairametrics.com/2025/06/06/binance-financial-crime-chief-tigran-gambaryan-exits-firm-months-after-nigeria-detention/ https://nairametrics.com/2025/06/06/binance-financial-crime-chief-tigran-gambaryan-exits-firm-months-after-nigeria-detention/#respond Fri, 06 Jun 2025 09:08:16 +0000 https://nairametrics.com/?p=516804 Binance’s Head of Financial Crime Compliance, Tigran Gambaryan, who was detained in Nigeria for nearly eight months last year, is leaving the crypto exchange.  

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]]> https://nairametrics.com/2025/06/06/binance-financial-crime-chief-tigran-gambaryan-exits-firm-months-after-nigeria-detention/feed/ 0 516804 Uber considers stablecoins to reduce cost and streamline global cross-border money transfers  https://nairametrics.com/2025/06/06/uber-considers-stablecoins-to-reduce-cost-and-streamline-global-cross-border-money-transfers/ https://nairametrics.com/2025/06/06/uber-considers-stablecoins-to-reduce-cost-and-streamline-global-cross-border-money-transfers/#respond Fri, 06 Jun 2025 08:54:40 +0000 https://nairametrics.com/?p=516800 Uber Technologies is actively considering the integration of stablecoins into its financial operations to streamline cross-border money transfers and reduce costs.  

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]]> https://nairametrics.com/2025/06/06/uber-considers-stablecoins-to-reduce-cost-and-streamline-global-cross-border-money-transfers/feed/ 0 516800 JPMorgan Chase, Strategy boost Bitcoin, Standard Chartered warns of market correction https://nairametrics.com/2025/06/05/jpmorgan-chase-strategy-boost-bitcoin-standard-chartered-warns-of-market-correction/ https://nairametrics.com/2025/06/05/jpmorgan-chase-strategy-boost-bitcoin-standard-chartered-warns-of-market-correction/#respond Thu, 05 Jun 2025 08:00:54 +0000 https://nairametrics.com/?p=516717 Bitcoin's futures market is displaying bullish signals despite a recent price cooling, indicating that the top cryptocurrency may be preparing for another leg upward, even as leveraged traders are being wiped out in liquidation.

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]]> https://nairametrics.com/2025/06/05/jpmorgan-chase-strategy-boost-bitcoin-standard-chartered-warns-of-market-correction/feed/ 0 516717 JPMorgan to accept crypto-linked ETFs as loan collateral as digital assets gain institutional support  https://nairametrics.com/2025/06/05/jpmorgan-to-accept-crypto-linked-etfs-as-loan-collateral-as-digital-assets-gain-institutional-support/ https://nairametrics.com/2025/06/05/jpmorgan-to-accept-crypto-linked-etfs-as-loan-collateral-as-digital-assets-gain-institutional-support/#respond Thu, 05 Jun 2025 05:56:47 +0000 https://nairametrics.com/?p=516703 JPMorgan Chase & Co. is taking a major step toward deeper integration of cryptocurrency-linked assets into its financial ecosystem. The largest U.S. bank has announced plans to allow trading and wealth-management clients to use certain cryptocurrency-backed assets as collateral for loans, reflecting a growing institutional acceptance of digital currencies. This move aligns with a broader […]

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]]> https://nairametrics.com/2025/06/05/jpmorgan-to-accept-crypto-linked-etfs-as-loan-collateral-as-digital-assets-gain-institutional-support/feed/ 0 516703 Paris Saint-Germain becomes first elite football club to hold Bitcoin in treasury  https://nairametrics.com/2025/05/30/paris-saint-germain-becomes-first-elite-football-club-to-hold-bitcoin-in-treasury/ https://nairametrics.com/2025/05/30/paris-saint-germain-becomes-first-elite-football-club-to-hold-bitcoin-in-treasury/#respond Fri, 30 May 2025 12:17:13 +0000 https://nairametrics.com/?p=516395 Paris Saint-Germain (PSG), one of the world’s most prominent football clubs, has made a historic move by incorporating Bitcoin into its financial strategy, allocating a substantial portion of its fiat reserves to the cryptocurrency.  

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]]> https://nairametrics.com/2025/05/30/paris-saint-germain-becomes-first-elite-football-club-to-hold-bitcoin-in-treasury/feed/ 0 516395 UK’s Blockchain.com targets crypto exchange licence in Nigeria as it expands to Africa   https://nairametrics.com/2025/05/27/uks-blockchain-com-targets-crypto-exchange-licence-in-nigeria-as-it-expands-to-africa/ https://nairametrics.com/2025/05/27/uks-blockchain-com-targets-crypto-exchange-licence-in-nigeria-as-it-expands-to-africa/#respond Tue, 27 May 2025 17:23:29 +0000 https://nairametrics.com/?p=516144 UK-based crypto exchange, Blockchain.com, is seeking to acquire a crypto exchange licence in Nigeria as part of its expansion plans into African nations that have started to institute rules to regulate the industry. 

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]]> https://nairametrics.com/2025/05/27/uks-blockchain-com-targets-crypto-exchange-licence-in-nigeria-as-it-expands-to-africa/feed/ 0 516144 Bitcoin trades at $109k as liquidations reshape market dynamics  https://nairametrics.com/2025/05/27/bitcoin-trades-at-109k-as-liquidations-reshape-market-dynamics/ https://nairametrics.com/2025/05/27/bitcoin-trades-at-109k-as-liquidations-reshape-market-dynamics/#respond Tue, 27 May 2025 09:16:34 +0000 https://nairametrics.com/?p=516114 Bitcoin has been trading at $109,000 as of Tuesday morning, navigating a volatile market amid widespread liquidations that have triggered a wave of forced selling among over-leveraged traders.  

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]]> https://nairametrics.com/2025/05/27/bitcoin-trades-at-109k-as-liquidations-reshape-market-dynamics/feed/ 0 516114 EFCC has recovered part of N1.3 trillion lost to CBEX—Ola Olukoyede  https://nairametrics.com/2025/05/26/efcc-has-recovered-part-of-n1-3-trillion-lost-to-cbex-ola-olukoyede/ https://nairametrics.com/2025/05/26/efcc-has-recovered-part-of-n1-3-trillion-lost-to-cbex-ola-olukoyede/#respond Mon, 26 May 2025 13:11:19 +0000 https://nairametrics.com/?p=516045 The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that the Commission has recovered part of the money invested by Nigerians in the recently collapsed Ponzi scheme, Crypto Bridge Exchange (CBEX). 

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]]> https://nairametrics.com/2025/05/26/efcc-has-recovered-part-of-n1-3-trillion-lost-to-cbex-ola-olukoyede/feed/ 0 516045 Crypto investor charged with kidnapping and torturing man for Bitcoin wallet passwords  https://nairametrics.com/2025/05/25/crypto-investor-charged-with-kidnapping-and-torturing-man-for-bitcoin-wallet-passwords/ https://nairametrics.com/2025/05/25/crypto-investor-charged-with-kidnapping-and-torturing-man-for-bitcoin-wallet-passwords/#respond Sun, 25 May 2025 09:16:25 +0000 https://nairametrics.com/?p=515970 A cryptocurrency investor has been charged with kidnapping and torturing an Italian man in an attempt to extract cryptocurrency passwords, according to authorities.  

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]]> https://nairametrics.com/2025/05/25/crypto-investor-charged-with-kidnapping-and-torturing-man-for-bitcoin-wallet-passwords/feed/ 0 515970 Trump hosts exclusive dinner for top meme coin investors amid controversy  https://nairametrics.com/2025/05/23/trump-hosts-exclusive-dinner-for-top-meme-coin-investors-amid-controversy/ https://nairametrics.com/2025/05/23/trump-hosts-exclusive-dinner-for-top-meme-coin-investors-amid-controversy/#respond Fri, 23 May 2025 13:43:36 +0000 https://nairametrics.com/?p=515912 Buyers of President Donald Trump’s meme coin, $TRUMP, gathered from around the world on Thursday night for an exclusive dinner at his private country club, overlooking the Potomac River just outside Washington, D.C. 

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]]> https://nairametrics.com/2025/05/23/trump-hosts-exclusive-dinner-for-top-meme-coin-investors-amid-controversy/feed/ 0 515912 Why Bitcoin keeps breaking new highs https://nairametrics.com/2025/05/23/why-bitcoin-keeps-breaking-new-highs/ https://nairametrics.com/2025/05/23/why-bitcoin-keeps-breaking-new-highs/#respond Fri, 23 May 2025 08:11:55 +0000 https://nairametrics.com/?p=515889 The pioneer digital asset hit an all-time high of around $112,000 on Thursday, May 22.

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]]> https://nairametrics.com/2025/05/23/why-bitcoin-keeps-breaking-new-highs/feed/ 0 515889 Uganda crypto founder forced to transfer $500,000 in crypto at gunpoint amid growing wave of abductions  https://nairametrics.com/2025/05/22/uganda-crypto-founder-forced-to-transfer-500000-in-crypto-at-gunpoint-amid-growing-wave-of-abductions/ https://nairametrics.com/2025/05/22/uganda-crypto-founder-forced-to-transfer-500000-in-crypto-at-gunpoint-amid-growing-wave-of-abductions/#respond Thu, 22 May 2025 05:56:52 +0000 https://nairametrics.com/?p=515806 The alarming trend of crypto-related abductions continues, with the latest victim being Festo Ivaibi, founder of the cryptocurrency education hub Mitroplus Labs.  

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]]> https://nairametrics.com/2025/05/22/uganda-crypto-founder-forced-to-transfer-500000-in-crypto-at-gunpoint-amid-growing-wave-of-abductions/feed/ 0 515806 Bitcoin hits all-time high, surges past $109,000 as market risk sentiment improves   https://nairametrics.com/2025/05/22/bitcoin-hits-all-time-high-surges-past-109000-as-market-risk-sentiment-improves/ https://nairametrics.com/2025/05/22/bitcoin-hits-all-time-high-surges-past-109000-as-market-risk-sentiment-improves/#respond Thu, 22 May 2025 05:44:51 +0000 https://nairametrics.com/?p=515804 Bitcoin soared to a record high on Wednesday, surpassing its previous peak from January, as global investor sentiment continues to rebound following last month’s tariff-related market jitters. 

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]]> https://nairametrics.com/2025/05/22/bitcoin-hits-all-time-high-surges-past-109000-as-market-risk-sentiment-improves/feed/ 0 515804