Bitcoin has reached a new all-time high, continuing a rally that has seen its price climb over 50% since Donald Trump’s victory in the 5 November election. The world’s leading cryptocurrency briefly surpassed $106,000 (£83,890) before settling around $104,500 during Monday morning trading in Asia. Analysts attribute the surge to optimism over the incoming Trump … Read more
The cryptocurrency market continues to present lucrative opportunities for investors, with December offering a prime window to acquire promising assets at competitive rates. EDITOR’S PICKS PDP Declares Ethiope East Federal Seat Vacant Following Ibori-Suenu’s Defection to APC Retired Principals Call for Recognition and Better Welfare from Government BREAKING: IGP Egbetokun Orders Major Shake-Up, Deploys New … Read more
Bitcoin, the world’s largest cryptocurrency, has reached a monumental milestone, surpassing $100,000 for the first time and setting a new all-time high. EKO HOT BLOG reports that the rally comes on the back of optimism that U.S. President-elect Donald Trump will usher in policies favouring the cryptocurrency sector. EDITOR’S PICKS Electricity Meter Costs Rise Again As … Read more
The highly anticipated airdrop from the crypto-mining app Hamster Kombat has sparked outrage among thousands of Nigerians. After five months of dedicated effort tapping to earn rewards, users were expecting significant payouts, with many dreaming of newfound wealth. However, upon the coin’s launch on Thursday, expectations quickly turned to disillusionment. Instead of the substantial rewards … Read more
Former U.S. President Donald Trump, along with his sons and prominent cryptocurrency entrepreneurs, introduced a new digital finance platform late Monday, marking his entry into the world of decentralized finance (DeFi). The platform, called World Liberty Financial, was unveiled in a two-hour online presentation, despite an alleged assassination attempt on Trump at his West Palm … Read more
Nigeria’s Securities and Exchange Commission (SEC) has granted approval in principle to two cryptocurrency exchanges, Quidax and Busha, officially recognizing them as legal crypto trading platforms in the country. EKO HOT BLOG reports that these approvals were issued under the Commission’s Accelerated Regulatory Incubation Program (ARIP). Additionally, the SEC has admitted four other companies—Trovotech Ltd, … Read more
Eko Hot Blog reports that operatives of the International Criminal Police Organization (INTERPOL) in Nigeria have arrested one Abayomi Segun Oluwasesan, who allegedly hacked his company’s blockchain account and made away with billions of Naira. According to Instablog9ja, the suspect, who was working at Afriq Arbitrage System, a global crypto space, was arrested earlier in … Read more
The Central Bank of Nigeria (CBN) has confirmed that the Bank Verification Number (BVN) issued in collaboration with Nigeria Inter-Bank Settlement System does not expire. BVNs issued in Nigeria remain valid for life once a customer’s biometrics have been captured and enrolled in the database of NIBSS. The CBN implores all bank users across … Read more
As technology continues to evolve and shape the way we live, work, and communicate, many entrepreneurs are looking for opportunities to launch their own tech startups. EDITOR’S PICK: 5 Unhealthy Habits That You Should Discard Right Away 4 Healthy Reasons Why You Should Consume Oranges Frequently Health: The Amazing Benefits Of Consistent Bitter Kola Chewing … Read more
Lagos has made case for blockchain technology EKO HOT BLOG reports that the Lagos State Governor, Mr. Babajide Sanwo-Olu, has stated that Blockchain technology should be institutionalised to enhance financial transactions and economic development. EDITOR’S PICK JUST IN: NLC Petitions Buhari, Demands Immediate Investigation Of State Govs BREAKING: Prominent APC Senatorial Candidate Dies … Read more
Professor Osinbajo commended the initiative of the Central Bank of Nigeria in the area of direct support and easier credit terms Professor Osinbajo noted that the growth rate 0.11 per cent, though marginal, it is very encouraging The Vice President, Professor Yemi Osinbajo has given the Central Bank of Nigeria thumbs up for its doggedness … Read more