Nigeria’s central bank denies reports on crypto account freezing

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...

Blockchain sleuth uncovers identity of PrismaFi’s hacker, who stole $11m

Crypto detective ZachXBT has identified the alleged PrismaFi hacker, exposing their involvement in the $11.1 million theft and subsequent demands. Blockchain sleuth ZachXBT uncovered an alleged attacker behind the PrismaFi hack, which left the protocol without $11.1 million worth of crypto. In a series of X posts, ZachXBT revealed that the exploiter, known as 0x77 (or Trung)...