Financial

Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports

Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.

The latest price moves in crypto markets in context for Aug. 16, 2024.

Recent flows show GBTC experiencing outflows, while BlackRock’s ETHA saw inflows, contributing to this shift.

Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale.

The fees represent a more than 95% drop from the 83.1 gwei levels in March, when the network saw a spike in activity.

Memecoins have become a key component of the recent crypto bull market.

NPS also holds over $45 million worth of Coinbase shares.

Filings show he has over $1 million in Ether.

Other exchanges have also withdrawn their applications, but some have re-filed.

Investment advisors held more than $4.7 billion worth of U.S.-based spot bitcoin exchange-traded funds as of the end of the second quarter.