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Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria
28.7.2020
Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well...
India Leads P2P Volume Records Among Emerging Markets
22.7.2020
Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...
Nigerian Scammers Used BTC & Gemini Exchange to Siphon Millions
12.7.2020
Nigerian scammers converted millions of dollars into Bitcoin via Gemini exchange according to an FBI criminal complaint
Demand for Charter Cities During Covid-19 Pandemic Grows Exponential – People Desire Semi-Autonomous Zones
17.6.2020
For quite some time now, a number of libertarians, bitcoin evangelists, and blockchain entrepreneurs have been promoting the idea of charter cities and seasteading concepts. One such project, Pronomos Capital, has raised $9 million from heavyweight investors like venture capitalist Peter Thiel....
Six Nigerian Citizens Added to the US Sanctions List for Cybercrimes
16.6.2020
The U.S. Treasury added six Nigerian individuals to its sanctions list for alleged cybercrimes
United States Sets New Record for P2P Bitcoin Trading
11.6.2020
Peer-to-peer Bitcoin trading in the United States has surged to post its strongest weekly volume on record, with almost $29 million trading on Localbitcoins and Paxful
Africa Is Experiencing a Crypto Renaissance
24.5.2020
Crypto use and adoption is beginning to see significant growth across Africa
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
Report: Africa Is Bullish on Crypto Despite Infrastructure and Regulatory Hurdles
20.5.2020
According to a new report, African nations have the highest rates of cryptocurrency adoption throughout the world
This Bitcoin Documentary From Africa Is Streaming on Amazon Prime
20.5.2020
A new documentary – “Banking on Africa: The Bitcoin Revolution” – explores the role of cryptocurrencies in African economies
Why Binance and Akon Are Betting on Africa for Crypto Adoption
6.5.2020
Demand for bitcoin is surging in Ghana, Nigeria and Kenya, attracting investment from the cryptocurrency exchange Binance and a token project by Akon
Binance-Backed Crypto Payments App Launches as Race for Africa Heats Up
23.4.2020
The payments app launched initially in Nigeria, but there are plans to expand to 30 African nations his year
Binance-Backed Cryptocurrency Payments App Bundle Launches in Nigeria
23.4.2020
Binance-backed crypto payment app Bundle now allows its users to request, send, and receive cash or crypto from their peers in Nigeria
Nigeria Becomes Eighth African Nation to Welcome Bitcoin ATMs
1.4.2020
Despite having the largest Bitcoin trade volume in Africa, Nigeria is the eighth country in the continent to welcome a Bitcoin ATM
Prestmit, A Platform For Nigerians To Buy & Sell Gift Cards And Bitcoins
27.3.2020
Due to the advancement of cryptocurrency and the widespread of gift cards in the Nigerian market, Prestmit, a Nigerian platform, now provides the absolute solution that gift cards and bitcoin enthusiasts within and outside the country have been looking forward to.
The post Prestmit, A Platform...
MakerDAO’s Gustav Arentoft: Decentralization Is Not a Binary Choice
24.3.2020
MakerDAO expanding to South East Asia: “When we started talking with them, we had 10 or 20,000 people on the platform. Now, before we have even launched, we had more than 600,000 people pass through KYC”
3 Debit Cards Nigerians Can Use to Spend Cryptocurrencies in Stores and Online
20.3.2020
Options to acquire cryptocurrencies in Nigeria have been growing in number, along with increasing interest in bitcoin. Nigerians are also starting to see more opportunities to spend their coins in brick and mortar stores and at online merchants. Three crypto debit cards are now available to...
Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira
8.3.2020
If there’s a place where cryptocurrencies draw significantly more attention than anywhere else right now, it has to be Nigeria. Africa’s largest economy is driven by its oil exports, expanding manufacturing, financial services, communications and information technology sectors, but also...
Nigerian Naira Is First African Fiat Currency Supported on Binance P2P
4.3.2020
Binance P2P launches support for the Nigerian Naira as its first African currency as part of the ongoing fiat-to-crypto expansion