by COINS NEWS - 7 months ago
Nigeria crypto usage growing further, report says
submitted by /u/RUBEN4iK [link] [comments]
by COINS NEWS - 7 months ago
submitted by /u/RUBEN4iK [link] [comments]
Bitcoin News / Bitcoinist - 7 months ago
Nigeria, Africa’s most populous nation, has witnessed a burgeoning interest in digital currencies. According to a report, Nigeria’s recent spike in crypto usage can be attributed to economic conditions and the nation’s youth-driven...
Bitcoin News / Bitcoin.com - 7 months ago
Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers.” Acco...
Bitcoin News / Google News Bitcoin - 7 months ago
India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 7 months ago
Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. “The Central & Southern A...
Bitcoin News / Bitcoin Magazine - 7 months ago
( 93,950 Megawatts ) are not just figures in this context, rather these are the actual numbers of untapped potential carbon-emission-free energy sources in Nigeria alone. These stats include 68 percent small and large hydroelectric power plants, 7 pe...
Bitcoin News / Google News Bitcoin - 7 months ago
Energy Deregulation in Nigeria Could Lead to Bitcoin Mining Gold ...& & Bitcoin Magazine
Cryptocoins News / The Cointelegraph - 7 months ago
Chainalysis’ upcoming Global Crypto Adoption Index indicates that the broader Asia region is driving grassroots cryptocurrency adoption. India, Nigeria and Thailand ar...
Bitcoin News / Google News Bitcoin - 7 months ago
2023 Electricity Act In Nigeria: Mining Opportunities& & Bitcoin Magazine
Bitcoin News / Bitcoin.com - 7 months ago
The Nigerian Web3 startup Nestcoin has reportedly secured a total of $1.9 million in funding from both existing and new investors. The capital raised will be used to bolster Nestcoin’s finances and further develop the startup’s non-custod...
Cryptocoins News / The Cointelegraph - 7 months ago
According to Christopher Eniayemo, the decision to print new naira notes could have occurred via DeFi, involving Nigerians and aiding readiness for the change. Blockch...
Cryptocoins News / The Cointelegraph - 7 months ago
Adedeji Owonibi stated that the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021 instead of cutting ties between cryptocurrency exchange firms and loca...
Cryptocoins News / The Cointelegraph - 7 months ago
Bello Usman Abdullahi, the chief operating officer of the blockchain education platform Bitkova Academy, said the language barrier is one of the current major challenges....
by COINS NEWS - 7 months ago
First and foremost this is a disclaimer that we will be talking about a survey from a Consensys and YouGov, both are mostly about Crypto so it is obvious that this survey is quite biased and in reality the numbers likely won‘t even be close. In...
Cryptocoins News / The Cointelegraph - 7 months ago
A survey featuring respondents from all seven continents suggests that Nigeria has the most crypto-aware population globally. A global survey featuring respondents fro...
by COINS NEWS - 7 months ago
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Bitcoin News / Bitcoinist - 8 months ago
Nigerian crypto exchange Patricia has raised suspicions following its newly launched Patricia Stablecoin labeled PTK and its unilateral decision to convert users’ funds to its stablecoin without its users’ consent. Patricia’s Dubious Move...
Cryptocoins News / The Cointelegraph - 8 months ago
Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users. The announc...
Cryptocoins News / The Cointelegraph - 8 months ago
The action will impact how the government formulates inventive technological solutions for critical national challenges. Nigeria is extending an invitation to scientis...
Bitcoin News / Bitcoin.com - 8 months ago
In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is accused of failing to stop the dollarization of the economy. According to the activist, the central bank’s unwillingness to stop economic agents from de...
Cryptocoins News / The Cointelegraph - 8 months ago
This development follows the company’s previous disclosure of a security breach resulting in fund losses in May 2023. Patricia, a Nigerian cryptocurrency exchange, has...
Bitcoin News / Bitcoin.com - 8 months ago
A Nigerian crypto trading platform, Patricia, announced on Aug. 18 that it had converted users’ outstanding funds to its U.S.-backed stablecoin known as “Patricia Token.” Some social media users have slammed the crypto tr...
Bitcoin News / Bitcoin.com - 8 months ago
The leader of Nigeria’s Association of currency exchangers has accused the crypto giant Binance of helping to worsen the local currency’s woes and asked authorities to consider banning the platform. The leader suggested that the optimism...
Bitcoin News / Bitcoin.com - 8 months ago
The Nigerian currency continued its slide versus the greenback when it fell to a new all-time low of NGN950 per dollar. Folashodun Shonubi, the acting governor of the Central Bank of Nigeria, insists that the naira is currently undervalued. The Inter...
by COINS NEWS - 8 months ago
This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them. Kashifu Inuwa Abdul...