Coinbase CEO Confirms No Access Block in Nigeria, Platform Operating Normally – Latest Update

Coinbase CEO Confirms No Access Block in Nigeria, Platform Operating Normally – Latest Update

Coinbase CEO Brian Armstrong has denied reports of his cryptocurrency exchange being blocked in Nigeria, stating that their products are fully operational without interruptions. Armstrong confirmed that they have not received any outreach from Nigerian officials. On the other hand, Binance has admitted to facing some issues with users in Nigeria. This article originally appeared … Read more

Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction

Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction

Accounting firm Paxos accidentally overpaid $500,000 in fees for a Bitcoin transfer on September 10. Initial speculation on social media suggested that PayPal was responsible, but Paxos later clarified that the error was its own. The mistaken transaction was discovered shortly after it occurred, with fees of approximately 20 BTC paid to send just 0.07 … Read more