Kraken

The Office of the National Security Adviser (ONSA) on Thursday confirmed that the crypto exchange platform, Binance, is being investigated by Nigerian authorities. In its first official confirmation of the clampdown efforts on the activities of Binance and other crypto platforms, a top official of the ONSA confirmed to PREMIUM TIMES that the security adviser’s office is coordinating an interagency investigation into the operations of Binance. “I am confirming that the office of the national security adviser, as…

The Nigerian government has detained two executives of the Binance crypto exchange platform amid efforts to stabilise the nation’s foreign exchange market and salvage the value of the local currency. Sources familiar with the matter told PREMIUM TIMES that the two executives were detained in Abuja, Nigeria’s capital, a day after they flew into the country as part of moves to negotiate with the Nigerian authorities amid a crackdown on the crypto platform. Last week, PREMIUM TIMES reported how the Nigerian…

Nigeria’s naira has on several occasions in recent weeks tumbled across both the official and unofficial markets amidst an increased forex demand and a significant spike in the prices of goods and services across the country. The local currency traded at an average of N1500 and above mark at the spot market last week, closing the week on a negative note at N1,665.50/$1 last Friday — the lowest the currency has ever recorded at the segment according to data posted by FMDQ. Similarly, amidst speculations and…

Some cryptocurrency exchanges in Nigeria faced accessibility issues for users, prompting speculation of imposed restrictions on crypto sites, the Financial Times reported. On Wednesday, local media reported that Nigeria’s telecom regulator, the Nigerian Communications Commission (NCC), received instructions from the country’s apex bank to suspend access to crypto websites, including Binance, Coinbase and Kraken. This development occurred a day after Binance imposed limits on peer-to-peer transactions trading the…

The Nigerian government has blocked the online platforms of Binance and other crypto firms to avert what it considers continuous manipulation of the forex market and illicit movement of funds. Sources within the major telecommunication companies in the country told PREMIUM TIMES Wednesday evening that the Nigerian Communications Commission (NCC) communicated the directive to telcos and they had started acting on it. Apart from Binance, other platforms such as Forextime, OctaFX, Crypto, FXTM, Coinbase, Kraken,…

Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges — including Binance, Kraken, Kucoin and Mexc — are operating “illegally” in the country without complying with the local anti-money laundering act and asked the IT Ministry to block their websites. FIU said it has issued show cause notices to all nine firms. Global crypto exchanges are required to comply with India’s anti-money laundering rules and cannot…

In what may turn into a massive blow for cryptocurrency sector in India, Centre's Financial Intelligence Unit (FIU), which is under the Finance Ministry, has issued show cause notices to as many as 9 offshore cryptocurrency and virtual digital assets platforms, including Binance and Kucoin. The notifications were issued for non-compliance with anti-money laundering law.Not just the notices, FIU has even taken the next step by writing to the Ministry of Electronics and Information Technology (MeiTY) to block the URLs of…

Digital Trends Cryptocurrency has become the new trend, and many people are investing in virtual currencies. However, with so many cryptocurrencies available, deciding where to invest can be challenging, as well as keeping track of the market’s changes and — most importantly — storing your digital assets securely. Fortunately, you can use your smartphone to stay updated about your investments. You can download many apps to track your coins, use them as a virtual wallet, or even use them as handy tools to stay ahead…

American high school is a shark pit at the best of times. But it’s particularly tough if, like Ruby Gillman (voiced by Lana Condor), you are a member of a family of krakens – blue-skinned, tentacled, invertebrate sea creatures – who have been passing as human for the past 15 years. And while Ruby thought that negotiating prom was her main challenge, it turns out that her mother (Toni Collette) hasn’t been entirely straight with her. Ruby has a monster-size problem.Key to understanding it all is the grandmother she never…

Ruby Gillman: Teenage KrakenU/A: Comedy,DramaCast (voice): Jane Fonda, Lana Condor, Toni Collette, Hailee Steinfeld, Noah Centineo, John BoyegaDirectors: Kirk DeMicco, Faryn PearlRating:3/5 An action packed coming-of-age epic adventure, this film follows the story of Ruby Gillman, a shy teenager who discovers that she has inherited the powers of the legendary Kraken, a mythical sea creature. For the uninitiated, Kraken is a sea monster of enormous size said to appear off the coasts of Norway. One`s who have watched…