The prevailing high volatility at the crypto market led to heavy losses of crypto investors’ funds at the wrong side of the present trade, when roughly $1.6 billion worth of crypto positions evaporated into thin air within a day.
Unilever Nigeria Plc a leading consumer goods company in Nigeria declares in its unaudited annual financial report that it made a loss amounting to N1.59 billion in the year 2020.
Ripple, a leading crypto fintech company, is going forward to bring the XRP Ledger to central banks. Recently, Ripple announced via a job listing site that it was looking to hire three central bank technical partner managers – one for each of its offices in London, San Francisco, and New York.
On Monday Nigeria’s first micro-investing platform, Trove, announced that it has added cryptocurrencies to its platform. This means Trove users will be able to buy and sell major cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, Tron, and Dash directly via the Trove app, in addition to its existing local and foreign stocks, ETFs, and bonds already on the Trove platform.
Bitcoin climbed to a record, taking less than three years to replicate the euphoric ascent that catapulted the cryptocurrency into the mainstream consciousness.
The #EndSARS peaceful protests against police brutality degenerated into vandalisation and looting of malls, shops, private and public properties by hoodlums.