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Nigeria’s June P2P Bitcoin Trade Volumes Surged Again Despite Central Bank’s Crypto Restrictions
12.7.2021
Nigeria’s peer-to-peer bitcoin trade volumes went up to just under $38 million in June 2021, the latest data shows. This surge becomes only the second time Nigerian P2P traded volumes have breached the $35 million mark in 2021. March 2021 is the only other period when P2P bitcoin traded...
BTC sinks to $40K, Bitcoin inflows to centralized exchanges surge
19.5.2021
High Bitcoin inflows to centralized exchanges have prompted predictions of further bearish momentum on social media
Ciphertrace Report Shows Crypto Crime Moving to Defi
15.5.2021
Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. Now, the impact these hacks and exploits represent is way bigger than the one classic hacks to centralized exchanges and other scams...
Ether balances on centralized exchanges fall to lowest level since June 2019
11.5.2021
Glassnode asserts that Bitcoin investors have been converting BTC into Ether during May
P2P Bitcoin Traders in Nigeria Think Outside the Box in the Wake of CBN Restrictions
18.4.2021
After the Central Bank of Nigeria issued a directive targeting the country’s cryptocurrency industry, bitcoin and altcoin trade volumes on centralized exchanges immediately plunged. Nevertheless, the new regulations seem to have succeeded in boosting crypto trade volumes on informal markets...
YFX.Com – Defi Trading Platform Support 100X Leverage. No KYC. No Gas Fee
11.4.2021
PRESS RELEASE. YFX.COM is the world’s first decentralized cross-chain perpetual contract exchange. While other trading platforms that provide leverage alternatives exist, YFX.COM is trailblazing a decentralized alternative to centralized exchanges and perpetual futures trading without...
Central Bank of Nigeria Official Reiterates Nigerian Residents Free to Trade Cryptos: Directive Only Applies to Banking Sector
21.3.2021
A senior executive with Nigeria’s central bank, Adamu Lamtek, has reportedly denied that his institution had placed restrictions on the use of cryptocurrencies. Instead, Lamtek, who is the deputy governor responsible for corporates services at the Central Bank of Nigeria (CBN), says...
The number of BTC held on exchanges crashed 20% in 12 months
8.3.2021
Long-term accumulation and the increasing popularity of DeFi yield protocols is siphoning Bitcoin away from centralized exchanges
Exchange tokens benefit as centralized exchanges battle with DeFi platforms
21.2.2021
Exchange tokens catch a boost as governance and high yields attract fresh inflows and CeFi begins to merge with DeFi
Nigeria Crypto Ban: Bitcoin Sells for $76K as Deposits on Centralized Exchanges Plummet
18.2.2021
According to a website that tracks the price of bitcoin across the globe, the crypto asset’s selling price in Nigeria as of February 18 stood at $ 76,000. At this price, the crypto asset is selling for $20,000 more than the approximately $52,000 that most cryptocurrency exchanges...
Exchange Tokens Hit New All-time Highs as Stock Traders Rush to Crypto
1.2.2021
GameStop caught the stock-buying public's imagination. That excitement has spilled over to crypto
YFX.Com – DEX That Offers 100x Trading Leverage on Perpetual Contracts
29.1.2021
PRESS RELEASE. YFX, the first DEX that offers 100x trading leverage on perpetual contracts has just launched, adding an important piece to the DeFi money legos, and creating a direct competition against CEX on derivatives trading. The most traded Bitcoin product in centralized exchanges is Bitcoin...
Exchanges running out of ETH with reserves plunging 27% in 48 hours
15.1.2021
Analysts predict Ether may soon hit a new all-time high after ETH reserves on centralized exchanges fell by 27% in two days
CEX, Lies and Videotape: Binance Accuses Rivals of Fighting Dirty
12.1.2021
A bogus video on Chinese social media has intensified a long-standing feud involving Binance, Huobi and OKEx
Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges
12.1.2021
A way to be covered in the event of an exchange hack
Introducing MoonDeFi, a New Part of Decentralized Finance
29.11.2020
PRESS RELEASE. Centralized exchanges have been the backbone of the cryptocurrency market for years. They offer fast settlement times, high trading volume, and continually improving liquidity. However, there’s a parallel world being built in the form of trustless protocols. Decentralized...
Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate
26.11.2020
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed...
Market Wrap: Bitcoin Bounces From $13.2K; Ether on Centralized Exchanges at 2-Year Low
2.11.2020
Bitcoin's price is trending up after a dip while traders are moving ether off from centralized exchanges
All in on DeFi: Why the Days of Centralized Exchanges Are Numbered
29.10.2020
The CEO of Binance on why DeFi will come to dominate CeFi
Five mega exchanges hold 10% of Bitcoin's entire supply
15.10.2020
The Bitcoin ecosystem continues to be dominated by a handful of platforms and companies