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Photos from scene of Osinbajo’s helicopter crash

16Mar

By Emeka OkaforNo Comments

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Photos from scene of Osinbajo’s helicopter crash

https://www.NAIJATAB.ng/news/photos-from-scene-of-osinbajos-helicopter-crash

Cryptocurrencies crash as Binance makes major decision

The largest cryptocurrency exchange globally, Binance, has reversed its stance on acquiring the ailing FTX.COM. Precisely one day after Binance announced a deal to purchase its competitor, this incident occurred. It had earlier suggested that it might still annul the agreement pending further examination, but that decision has now been finalized. When the organization stated that variables beyond their influence were obstructing the FTC acquisition on Wednesday, it nearly affirmed its resolution to withdraw. Binance’s response As per Binance, the choice to withdraw from the arrangement was made after performing corporate due diligence and discovering that regulators were probing allegations of mishandling of investor assets. We have opted not to pursue the prospective acqu...

FTX crash: Nigerian crypto startup, Nestcoin, set to lay off workers

The downfall of FTX, the second-largest digital currency exchange globally, might have led to the loss of all the funds and stablecoin resources maintained by Nigerian firm Nestcoin. Nestcoin mentioned that in light of this occurrence, it will be essential to downsize its workforce as it reorganizes its business strategy. Nevertheless, the company stressed that the event has no fiscal effect on its customers and highlighted that the offerings Nestcoin has introduced so far are Defi protocols and non-custodial in essence. Consequently, it has never held client assets. Yele Bademosi, a co-founder of Nestcoin, labeled the scenario as challenging for the company and the broader crypto sector in a communication to investors. As per the firm, its aspiration to reclaim a significant...