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HomeCryptocurrency

Cryptocurrency

Cryptocurrency
Business

Osinbajo’s intervention working as CBN decides to launch own digital currency

The Daily Leaks

The February 26, 2021 intervention of Vice President Yemi Osinbajo on the row created with the ban of cryptocurrency in Nigeria, by the apex bank is yielding results with the resolve of the Central Bank […]

Cryptocurrency
Business

$600 billion wiped out amid China’s crackdown on cryptocurrency

The Daily Leaks

Virtual currencies are retreating so broadly and sharply, it’s testing the durability of the cryptocurrency boom. The value of more than 7,000 tokens tracked by CoinGecko has shrunk more than $600 billion in the past week […]

Billionaire
Business

German teenager among 10 world’s youngest billionaires 2021

The Daily Leaks

Billionaire Austin Russell spent his teens doing research at the University of California at Irvine’s Beckman Laser Institute. The lanky 6-foot-4 entrepreneur dropped out of Stanford in 2012 to found laser lidar (an acronym for […]

Osinbajo
Business

Nigeria: Osinbajo redes CBN on cryptocurrency prohibition, calls for robust regulation

The Daily Leaks

Nigeria’s Vice President Yemi Osinbajo has called for a “robust regulation” of digital currency in the country’s financial system, against the prohibition of this cryptocurrency by the Central Bank of Nigeria (CBN). Prof. Osinbajo, speaking […]

Cryptocurrency
Business

Central Bank of Nigeria orders closure of cryptocurrency accounts

The Daily Leaks

The Central Bank of Nigeria (CBN) has warned commercial banks and other financial institutions to desist from dealing in cryptocurrency, declaring it illegal. It thereby ordered the closure of such accounts in commercial banks with […]

Bitcoin
Business

Bitcoin leaps above $20,000 for first time

The Daily Leaks

Bitcoin smashed through $20,000 for the first time on Wednesday, its highest ever. The cryptocurrency jumped 4.5% to move as high as $20,440. It has gained more than 170% this year, buoyed by demand from […]

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