Michael Ndu-Okeke, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Tue, 07 Jan 2025 12:00:59 +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 Michael Ndu-Okeke, Author at Nairametrics 32 32 201037849 CoinSwitch exchange announces recovery program for victims of $230 million WazirX hack  https://nairametrics.com/2025/01/07/coinswitch-exchange-announces-recovery-program-for-victims-of-230-million-wazirx-hack/ https://nairametrics.com/2025/01/07/coinswitch-exchange-announces-recovery-program-for-victims-of-230-million-wazirx-hack/#respond Tue, 07 Jan 2025 12:00:59 +0000 https://nairametrics.com/?p=506021 Ashish Singhal, CEO of Indian exchange Coinswitch announced a recovery program aimed at helping victims of the $230 million WazirX cyberattack.

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]]> https://nairametrics.com/2025/01/07/coinswitch-exchange-announces-recovery-program-for-victims-of-230-million-wazirx-hack/feed/ 0 506021 Bitcoin Mining companies raise over $3.7 billion in funding to counter rising energy costs   https://nairametrics.com/2025/01/07/bitcoin-mining-companies-raise-over-3-7-billion-in-funding-to-counter-rising-energy-costs/ https://nairametrics.com/2025/01/07/bitcoin-mining-companies-raise-over-3-7-billion-in-funding-to-counter-rising-energy-costs/#respond Tue, 07 Jan 2025 10:56:10 +0000 https://nairametrics.com/?p=506022 Bitcoin mining companies are securing billions in fresh funding to deal with challenges posed by high energy costs and increased competition. 

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]]> https://nairametrics.com/2025/01/07/bitcoin-mining-companies-raise-over-3-7-billion-in-funding-to-counter-rising-energy-costs/feed/ 0 506022 New Cannabis $CANA Memecoin surges by 400% in first two days   https://nairametrics.com/2025/01/06/new-cannabis-cana-memecoin-surges-by-400-in-first-two-days/ https://nairametrics.com/2025/01/06/new-cannabis-cana-memecoin-surges-by-400-in-first-two-days/#respond Mon, 06 Jan 2025 13:09:49 +0000 https://nairametrics.com/?p=505958 $CANA, a new memecoin, entered the market just two days ago and has already surged by an astonishing 400% within 24 hours.

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]]> https://nairametrics.com/2025/01/06/new-cannabis-cana-memecoin-surges-by-400-in-first-two-days/feed/ 0 505958 Sui’s 20% surge sparks frenzy in the global crypto community  https://nairametrics.com/2025/01/06/suis-20-surge-sparks-frenzy-in-the-global-crypto-community/ https://nairametrics.com/2025/01/06/suis-20-surge-sparks-frenzy-in-the-global-crypto-community/#respond Mon, 06 Jan 2025 08:25:11 +0000 https://nairametrics.com/?p=505938 Sui, a prominent layer-2 blockchain network, has resumed its strong upward trajectory, surging nearly 20% to trade at approximately $5.13 as of Saturday.  

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]]> https://nairametrics.com/2025/01/06/suis-20-surge-sparks-frenzy-in-the-global-crypto-community/feed/ 0 505938 Do Kwon pleads not guilty to charges following $40 billion Terra USD Collapse  https://nairametrics.com/2025/01/04/do-kwon-pleads-not-guilty-to-charges-following-40-billion-terra-usd-collapse/ https://nairametrics.com/2025/01/04/do-kwon-pleads-not-guilty-to-charges-following-40-billion-terra-usd-collapse/#respond Sat, 04 Jan 2025 12:05:37 +0000 https://nairametrics.com/?p=505881 Do Kwon, the South Korean founder of Terraform Labs, entered a not-guilty plea to a nine-count criminal indictment during a court appearance in the United States.  

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]]> https://nairametrics.com/2025/01/04/do-kwon-pleads-not-guilty-to-charges-following-40-billion-terra-usd-collapse/feed/ 0 505881 United States likely to buy up to 400,000 BTC in 2025 — Devere Group CEO   https://nairametrics.com/2025/01/04/united-states-likely-to-buy-up-to-400000-btc-in-2025-devere-group-ceo/ https://nairametrics.com/2025/01/04/united-states-likely-to-buy-up-to-400000-btc-in-2025-devere-group-ceo/#respond Sat, 04 Jan 2025 09:41:56 +0000 https://nairametrics.com/?p=505875 The United States could potentially acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group.  

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]]> https://nairametrics.com/2025/01/04/united-states-likely-to-buy-up-to-400000-btc-in-2025-devere-group-ceo/feed/ 0 505875 Tether USDT market capitalization drops by $1.4 billion as MICA activates   https://nairametrics.com/2025/01/03/tether-usdt-market-capitalization-drops-by-1-4-billion-as-mica-activates/ https://nairametrics.com/2025/01/03/tether-usdt-market-capitalization-drops-by-1-4-billion-as-mica-activates/#respond Fri, 03 Jan 2025 12:05:01 +0000 https://nairametrics.com/?p=505831 Tether’s U.S. dollar stablecoin experienced its sharpest decline since the FTX collapse during the sluggish crypto market of 2022. 

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]]> https://nairametrics.com/2025/01/03/tether-usdt-market-capitalization-drops-by-1-4-billion-as-mica-activates/feed/ 0 505831 FMDQ Exchange suspends security admission services in the Nigerian commercial paper market  https://nairametrics.com/2025/01/02/fmdq-exchange-suspends-security-admission-services-in-the-nigerian-commercial-paper-market/ https://nairametrics.com/2025/01/02/fmdq-exchange-suspends-security-admission-services-in-the-nigerian-commercial-paper-market/#respond Thu, 02 Jan 2025 21:10:24 +0000 https://nairametrics.com/?p=505796 FMDQ Exchange temporarily suspended security admission Services in the Nigerian Commercial paper Market following new rules by the Nigerian Securities and Exchange Commission.  

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]]> https://nairametrics.com/2025/01/02/fmdq-exchange-suspends-security-admission-services-in-the-nigerian-commercial-paper-market/feed/ 0 505796 Analyst knocks EU MICA laws, says Spat with Tether (USDT) spells doom for the Crypto Industry   https://nairametrics.com/2025/01/02/analyst-knocks-eu-mica-laws-says-spat-with-tether-usdt-spells-doom-for-the-crypto-industry/ https://nairametrics.com/2025/01/02/analyst-knocks-eu-mica-laws-says-spat-with-tether-usdt-spells-doom-for-the-crypto-industry/#respond Thu, 02 Jan 2025 20:34:52 +0000 https://nairametrics.com/?p=505792 Rume Ophi a renowned crypto market analyst shared his opinions on the MICA vs Tether Spat stressing that MICA’s regulatory framework is actually a nightmare for the crypto industry.  

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]]> https://nairametrics.com/2025/01/02/analyst-knocks-eu-mica-laws-says-spat-with-tether-usdt-spells-doom-for-the-crypto-industry/feed/ 0 505792 December records the lowest crypto hacks in 2024 -Report  https://nairametrics.com/2025/01/02/december-records-the-lowest-crypto-hacks-in-2024-report/ https://nairametrics.com/2025/01/02/december-records-the-lowest-crypto-hacks-in-2024-report/#respond Thu, 02 Jan 2025 09:47:37 +0000 https://nairametrics.com/?p=505755 In December 2024, the crypto industry experienced over 25 hacks, resulting in approximately $24.69 million in losses, a 71% decline compared to November, according to blockchain security firm Peckshield. This marks a significant reduction in monthly losses, with December becoming one of the least damaging months of the year. The report was shared by Peckshield […]

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]]> https://nairametrics.com/2025/01/02/december-records-the-lowest-crypto-hacks-in-2024-report/feed/ 0 505755 KEKIUS Memecoin surges by 2,600% following Elon Musk’s X Rebrand   https://nairametrics.com/2025/01/01/kekius-memecoin-surges-by-2600-following-elon-musks-x-rebrand/ https://nairametrics.com/2025/01/01/kekius-memecoin-surges-by-2600-following-elon-musks-x-rebrand/#respond Wed, 01 Jan 2025 12:28:06 +0000 https://nairametrics.com/?p=505724 Pepe-themed meme coins, PEPE and KEKIUS, experienced significant gains after tech billionaire Elon Musk rebranded his X profile, igniting a surge of excitement among meme coin enthusiasts. 

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]]> https://nairametrics.com/2025/01/01/kekius-memecoin-surges-by-2600-following-elon-musks-x-rebrand/feed/ 0 505724 Grayscale adds six new Crypto Tokens to its list of Top 20 coins for 2025  https://nairametrics.com/2024/12/31/grayscale-adds-six-new-crypto-tokens-to-its-list-of-top-20-coins-for-2025/ https://nairametrics.com/2024/12/31/grayscale-adds-six-new-crypto-tokens-to-its-list-of-top-20-coins-for-2025/#respond Tue, 31 Dec 2024 13:41:28 +0000 https://nairametrics.com/?p=505682 Grayscale Investments has announced the addition of six crypto assets to its curated list of top 20 tokens with high potential for Q1 2025.

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]]> https://nairametrics.com/2024/12/31/grayscale-adds-six-new-crypto-tokens-to-its-list-of-top-20-coins-for-2025/feed/ 0 505682 KuCoin Token and Litecoin lead today’s top performers in the crypto market   https://nairametrics.com/2024/12/31/kucoin-token-and-litecoin-lead-todays-top-performers-in-the-crypto-market/ https://nairametrics.com/2024/12/31/kucoin-token-and-litecoin-lead-todays-top-performers-in-the-crypto-market/#respond Tue, 31 Dec 2024 13:14:02 +0000 https://nairametrics.com/?p=505701 KuCoin Token (KCS) and Litecoin (LTC) are getting momentum in the cryptocurrency market, drawing attention from crypto enthusiasts.

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]]> https://nairametrics.com/2024/12/31/kucoin-token-and-litecoin-lead-todays-top-performers-in-the-crypto-market/feed/ 0 505701 XRP drops 5%, leading Crypto losses amid Dollar strength and Bitcoin volatility  https://nairametrics.com/2024/12/30/xrp-drops-5-leading-crypto-losses-amid-dollar-strength-and-bitcoin-volatility/ https://nairametrics.com/2024/12/30/xrp-drops-5-leading-crypto-losses-amid-dollar-strength-and-bitcoin-volatility/#respond Mon, 30 Dec 2024 10:42:48 +0000 https://nairametrics.com/?p=505615 XRP led cryptocurrency losses on Dec. 30, falling over 5% as a strengthening U.S. dollar weighed on global currencies and dollar-denominated assets like Bitcoin and gold.  

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]]> https://nairametrics.com/2024/12/30/xrp-drops-5-leading-crypto-losses-amid-dollar-strength-and-bitcoin-volatility/feed/ 0 505615 New sophisticated scam targets Web3 professionals with fake job interviews  https://nairametrics.com/2024/12/30/new-sophisticated-scam-targets-web3-professionals-with-fake-job-interviews/ https://nairametrics.com/2024/12/30/new-sophisticated-scam-targets-web3-professionals-with-fake-job-interviews/#respond Mon, 30 Dec 2024 10:32:33 +0000 https://nairametrics.com/?p=505613 Web3 professionals are being targeted in a new cyberattack that trick them into running malicious code during fake job interviews.

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]]> https://nairametrics.com/2024/12/30/new-sophisticated-scam-targets-web3-professionals-with-fake-job-interviews/feed/ 0 505613 Dogecoin price prediction: DOGE predicted to hit $1 in 2025 as Cardano struggles   https://nairametrics.com/2024/12/29/dogecoin-price-prediction-doge-predicted-to-hit-1-in-2025-as-cardano-struggles/ https://nairametrics.com/2024/12/29/dogecoin-price-prediction-doge-predicted-to-hit-1-in-2025-as-cardano-struggles/#respond Sun, 29 Dec 2024 09:46:14 +0000 https://nairametrics.com/?p=505548 This article explores Dogecoin’s potential to reach $1 by 2025 while highlighting the recent developments in ADA.  

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]]> https://nairametrics.com/2024/12/29/dogecoin-price-prediction-doge-predicted-to-hit-1-in-2025-as-cardano-struggles/feed/ 0 505548 Tether’s USDT faces possible delisting in Europe ahead of MiCA implementation  https://nairametrics.com/2024/12/29/tethers-usdt-faces-possible-delisting-in-europe-ahead-of-mica-implementation/ https://nairametrics.com/2024/12/29/tethers-usdt-faces-possible-delisting-in-europe-ahead-of-mica-implementation/#respond Sun, 29 Dec 2024 09:21:21 +0000 https://nairametrics.com/?p=505546 Tether’s flagship stablecoin, USDT, is under increased scrutiny in the European Union as the region’s landmark Markets in Crypto-Assets (MiCA) regulation nears full implementation on December 30, 2024.

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]]> https://nairametrics.com/2024/12/29/tethers-usdt-faces-possible-delisting-in-europe-ahead-of-mica-implementation/feed/ 0 505546 Bitcoin stalls below $100K for a week following bearish factors  https://nairametrics.com/2024/12/27/bitcoin-stalls-below-100k-for-a-week-following-bearish-factors/ https://nairametrics.com/2024/12/27/bitcoin-stalls-below-100k-for-a-week-following-bearish-factors/#respond Fri, 27 Dec 2024 10:29:03 +0000 https://nairametrics.com/?p=505473 Bitcoin (BTC), the world’s first and largest cryptocurrency, has hit a roadblock after crossing the $100,000 psychological barrier.

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]]> https://nairametrics.com/2024/12/27/bitcoin-stalls-below-100k-for-a-week-following-bearish-factors/feed/ 0 505473 Price Prediction: XRP to hit potential 23,048% surge rising to $500 by 2050  https://nairametrics.com/2024/12/27/price-prediction-xrp-to-hit-potential-23048-surge-rising-to-500-by-2050/ https://nairametrics.com/2024/12/27/price-prediction-xrp-to-hit-potential-23048-surge-rising-to-500-by-2050/#respond Fri, 27 Dec 2024 08:53:31 +0000 https://nairametrics.com/?p=505467 As XRP continues its recovery, bold predictions envisioning the cryptocurrency’s price reaching $100 or even $500 have sparked widespread debate among crypto enthusiasts.

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]]> https://nairametrics.com/2024/12/27/price-prediction-xrp-to-hit-potential-23048-surge-rising-to-500-by-2050/feed/ 0 505467 Father raises $18 million for Brain Tumour research with MIRA memecoin   https://nairametrics.com/2024/12/26/father-raises-18-million-for-brain-tumour-research-with-mira-memecoin/ https://nairametrics.com/2024/12/26/father-raises-18-million-for-brain-tumour-research-with-mira-memecoin/#respond Thu, 26 Dec 2024 20:28:24 +0000 https://nairametrics.com/?p=505455 Siqi Chen, the father of a four-year-old girl named Mira, who was diagnosed with a brain tumor, has raised an astounding $18 million through a Solana-based memecoin named after his daughter.  

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]]> https://nairametrics.com/2024/12/26/father-raises-18-million-for-brain-tumour-research-with-mira-memecoin/feed/ 0 505455