Scams

The landscape of cryptocurrency is rapidly evolving, and Nigeria stands at the forefront of this digital revolution, as highlighted by the 2024 Global Crypto Adoption Index published by Chainalysis. Securing a notable position just behind India, Nigeria has adopted cryptocurrency fervently for various purposes, including transactions, investments, and remittances. But with this remarkable leap in adoption comes a complex web of challenges and risks, casting a shadow over its promising future. With decentralized…

Snapshot of Global Scam Losses: Who Tops the List? In today’s interconnected world, scams have taken on sophisticated digital dimensions, targeting unsuspecting victims with increasingly cunning tactics. But who bears the brunt of these malicious acts? Let’s delve deeper into the global landscape of scam-related losses. Rank Country Average Loss (USD) 1 United States $3,500…