Author: Press Room

U.S. President Donald Trump has pardoned Changpeng “CZ” Zhao, the co-founder and former CEO of Binance. CZ had pleaded guilty to money laundering in 2024 and was imprisoned for four months.According to The Wall Street Journal, people familiar with the matter said President Trump signed the pardon today. “Trump recently indicated to advisers that he was sympathetic to arguments of political persecution related to Zhao and others,” the report said.Binance’s token BNB has seen a sharp spike after the news broke out, surging to the level of $1,150 before calibrating to the current $1,128, marking a 4.5% increase over the…

The world of cricket betting is becoming more innovative every year. And today, IPL bet game is one of the most popular ways to combine excitement, knowledge, and analytics. The Indian Premier League is not just a sporting event, but an entire economic ecosystem where the results of each over can affect the balance of thousands of users’ accounts. In 2024, the tournament attracted over 120 million online views, and almost 30% of players placed at least one live bet.To start playing effectively, it is important to understand how this format is structured. Each bet is not just a risk,…

The Governor of Ondo State, Lucky Aiyedatiwa, has urged British investors to tap into the state’s abundant natural and economic resources, emphasising his administration’s readiness to deepen development ties with the United Kingdom. While describing Ondo as a land of vast opportunities, the governor maintained that the state remains Nigeria’s largest cocoa producer, contributing about 40 per cent of the country’s total output. The governor stated this while receiving the British Deputy High Commissioner to Nigeria, Mr Jonny Baxter, and his team at the Governor’s Office in Akure, the state capital, on Wednesday. Aiyedatiwa emphasised that the state is endowed…

Binance received $5.56 billion in whale transactions exceeding 1,000 BTC over the past 30 days, with $1.07 billion arriving on October 21 alone as Bitcoin surged from $108,000 to $113,000 before retracing. The massive inflows have raised questions about whether these participants are accumulating positions or depositing coins for liquidation.Source: CryptoQuantAt the same time, allegations emerged accusing Binance of coordinating with market maker Wintermute to manipulate crypto prices and cause $19 billion in retail liquidations during the October 10 crash.October 21 saw concentrated bursts, including $336.95 million at 18:00, $323.43 million at 10:00, and $162.24 million at 08:00. Bitcoin currently…

Amid mounting uncertainty ahead of the Peoples Democratic Party’s (PDP) national convention slated for November 15 and 16 in Ibadan, Oyo State, northern leaders of the party have endorsed former Minister of Special Duties, Kabiru Tanimu Turaki (SAN), as their consensus candidate for the position of National Chairman. The announcement was made late Wednesday night in Abuja by Adamawa State Governor, Ahmadu Umaru Fintiri, who also serves as Chairman of the PDP National Convention Organising Committee (NCOC). Fintiri disclosed that Turaki emerged following extensive consultations with leaders from the 19 northern states and the Federal Capital Territory, adding that the…

Abba Yusuf, governor of Kano, says his relationship with Rabiu Kwankwaso, presidential candidate of the New Nigeria Peoples Party (NNPP) in the 2023 elections, remains strong and without rift. Yusuf spoke on Wednesday at a lecture organised to mark Kwankwaso’s 69th birthday in Madobi LGA of Kano. In a statement by Mustapha Muhammad, his press secretary, the governor reaffirmed that he is committed to sustaining the ideals of the Kwankwasiyya movement, which, according to him, has continued to drive development in Kano. “I assure the Kwankwasiyya followers that we will sustain the movement’s ideology, and various initiatives are already underway,”…

The recent spate of joint appearances by the leader of the Lagos4Lagos movement, Olajide Adediran, popularly known as Jandor, and Lagos State Governor Babajide Sanwo-Olu has sent a signal in the state’s political atmosphere. The duo has been spotted together at various events, including the commissioning of the state-of-the-art Babajide Sanwo-Olu Library Complex at the Lagos State University and a road project in Ekiti State. This closeness has been welcomed by many, who see it as a boost to Jandor’s image as a key player in Lagos politics. By aligning himself with the governor, Jandor is likely to benefit from…

Nigeria’s leading financial technology company, OPay, has hosted the grand finale of the ‘My OPay Security Vote Challenge’ at its headquarters in Lagos. The event attracted Nigerian entertainers, creators, and users, including Funke Akindele, Layi Wasabi, Broda Shaggi, and Brain Jotter, who performed the viral track he created for the campaign live on stage. The nationwide campaign, which ran across TikTok, Instagram, Facebook, and X (formerly Twitter), recorded a reach of over 200 million users, with thousands of creative entries submitted, ranging from comedy skits and short educational videos to animated clips and music, each offering a unique perspective on…

Decentralized exchange Bunni has officially announced that it will shut down operations following an $8.4 million exploit in early September, becoming the second crypto project to fold this week amid a wave of setbacks across the decentralized finance (DeFi) sector. Key Takeaways: Bunni DEX is shutting down after a $8.4 million exploit drained funds across Ethereum and Unichain. The team cited a lack of capital to cover relaunch and security costs, halting all future development. Bunni’s v2 smart contracts have been open-sourced under the MIT License, allowing developers to reuse its technology in new DeFi projects. In an X post…

Nigeria’s Senate has advanced a significant proposal to repeal the Electoral Act 2022 and replace it with a new Electoral Bill 2025, signaling what many lawmakers describe as a crucial step toward restoring public confidence in the nation’s electoral system. The bill passed its second reading on Wednesday after a voice vote in which most senators supported its general principles. The Senate President, Godswill Akpabio, who announced the passage, noted that while progress had been made since 2022, more reforms were needed to ensure full transparency. “INEC must be made responsible because they are the ones in possession of electoral…