Nigeria’s central bank denies false claims made by crypto media, asserting that it didn’t mandate local banks to freeze accounts associated with unlicensed crypto exchanges. The Central Bank of Nigeria (CBN) says it didn’t order local financial institutions to freeze accounts linked to unlicensed crypto exchanges after reports surfaced alleging such directives. In an X post, the...
Nadeem Anjarwalla, a detained Binance executive in Nigeria, reportedly escaped custody after being taken for prayer. On Mar. 22, Nadeem Anjarwalla, a British-Kenyan who is Binance‘s regional manager for Africa, reportedly fled Nigeria after being detained upon arrival in the country as part of an investigation into the exchange. Anjarwalla, who was detained in Nigeria, reportedly departed from Abuja via...
In anticipation of the forthcoming Bitcoin (BTC) halving event, thousands of outdated Bitcoin mining machines in the U.S. are being prepared for shipment to destinations abroad. According to Bloomberg, SunnySide Digital — a wholesaler in the crypto mining industry — is sending approximately 6,000 older Bitcoin mining machines to a warehouse it operates in Colorado Springs. The company plans...
