WHALEXTRA

Bolivians are increasingly turning to digital assets as a financial lifeline amid rampant inflation, a scarcity of US dollars, and a devaluing national currency. A recent central bank report indicates a significant surge in cryptocurrency adoption nationwide, particularly in cities like Cochabamba. Here, Bitcoin ATMs are becoming more common, businesses are embracing crypto payments, and discounts are often offered for transactions made with digital assets, as reported by Cryptopolitan. With the Bolivian government artificially maintaining the official exchange rate while the black market rate plummets, citizens are using platforms such as Binance to acquire Bitcoin and stablecoins like Tether (USDT). This strategy helps them safeguard their finances against the weakening Bolivian boliviano. The central bank’s latest figures reveal an astounding 530% increase in crypto transactions, climbing from $46 million in the first half of 2024 to $294 million in the same period of 2025. Since t...

The National Agency for Food and Drug Administration and Control, NAFDAC, yesterday uncovered an alleged illegal operation involving fake and expired food-grade chemicals, flavours, fertilisers, and repackaged raw materials valued at over N1 billion in the Alapere area of Ketu, Lagos. The raid led to the arrest of three suspects and the sealing of three warehouses, where the alleged illicit materials were being stored and distributed. Director of Investigation and Enforcement, Dr. Martins Iluyomade, who led the operation, said: “This is one of the many operations we are carrying out to protect the health of Nigerians. We got reliable information that certain individuals, while pretending to run a legitimate business, were involved in activities that are not only illegal but dangerous to lives. “The main offence here is the distribution and sale of expired chemicals. These are raw materials, some of which are precursors for other compounds, while others go directly into the production ...