Posted inCrypto NEWS Trading Binance Wants to Delist Tokens with Significant Tokenomics Changes Posted by By Paul Cyril 05/10/2024The popular cryptocurrency exchange Binance has raised concern about 10 tokens that are currently trading…
Posted inNEWS Stocks Trading Nigeria Stock Trading Volume Increases by 20% Gaining 0.47% ASI Posted by By Akachukwu Chukwuma 05/10/2024The All-Share Index (ASI) rose by 0.47%, gaining 456.12 points to reach 97,520.54 on October…
Posted inBlockchain Crypto NEWS Stablecoins TRON Network revenue grows to $577M surpassing Bitcoin and Ethereum Networks Posted by By Akachukwu Chukwuma 04/10/2024Driven by the network’s increasing stablecoin activity and efforts to tap into the growing memecoin…
Posted inBanking NEWS More than 93% of the total Naira in circulation is not in the Nigerian banks. Posted by By Akachukwu Chukwuma 04/10/2024According to the CBN, the total currency in circulation has reached N4.14 trillion, with N3.87…
Posted inCrypto Economy NEWS Stablecoins Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance Posted by By Eze Chichetaram 03/10/2024Like an inverse proportion, Nigeria and Ethiopia are suffering a decrease in the value of…
Posted inBanking Economy NEWS Zimbabwe’s Gold-Backed ZiG Faces Continued Decline Following Currency Devaluation Posted by By Eze Chichetaram 03/10/2024The Central Bank of Zimbabwe allowed their gold-backed currency, ZiG, to lose about 43% of…
Posted inNEWS Politics Diddy Hires Sam Bankman-Fried’s Lawyer From FTX Case Posted by By Akachukwu Chukwuma 02/10/2024Following the New York judge’s decision to keep the music mogul, Sean “Diddy” Combs, in…
Posted inEconomy NAIRA RATE NEWS Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX Posted by By Akachukwu Chukwuma 02/10/2024In September 2024, the Naira showed some positive signs in the official market, but the…
Posted inBanking Economy NEWS Bank of Ghana Launches Gold Coin to Discourage Hoarding of Dollars Posted by By Eze Chichetaram 01/10/2024The Bank of Ghana has initiated and introduced a gold coin for the purpose of…
Posted inEconomy NEWS Top News The value of cashless transactions surges by 12% to N89.5T — NIBSS Posted by By Akachukwu Chukwuma 01/10/2024After a slight dip in June, the rate of electronic transactions in Nigeria bounced back,…
Posted inEconomy NEWS The MENA Region Contributes 7.5% to Global Crypto Transaction Volume Posted by By Akachukwu Chukwuma 30/09/2024Cryptocurrency is on the rise in the Middle East and North Africa (MENA), even though…
Posted inBlockchain NEWS Technology Nigeria announces plans to develop an indigenous blockchain network named Nigerium Posted by By Eze Chichetaram 29/09/2024NITDA, National Information Technology Development Agency, has declared the intentions of the Nigerian government to…
Posted inBanking Exchange NEWS Central Bank of Ghana Cuts Interest Rate by 200 Base Points Posted by By Akachukwu Chukwuma 29/09/2024From 29% to 27%, the Central Bank of Ghana has reduced its key interest rate…
Posted inBlockchain Economy NEWS Technology Morocco Turns to AI, Distributed Ledger Technology to Achieve the Digital 2030 Strategy Goal Posted by By Eze Chichetaram 28/09/2024Morocco finally unveiled its “Digital 2030” strategy on the 25th of September. The strategy was…
Posted inBlockchain Cyber Security NEWS $2.1B Lost to Cryptocurrency Hacks in 2024 Posted by By Akachukwu Chukwuma 28/09/2024The cryptocurrency space has long been vulnerable to hacks and scams, but in 2024, losses…
Posted inCrypto NEWS Stablecoins Nigerian remote workers prefer to be paid in stablecoins Posted by By Akachukwu Chukwuma 27/09/2024Nigeria has consistently ranked high in global cryptocurrency adoption. A recent Chainalysis report confirms that…
Posted inCrypto NEWS Stablecoins Ethena Labs launches new UStb stablecoin backed by BlackRock’s BUIDL Posted by By Eze Chichetaram 27/09/2024On Thursday, the 26th, Ethena Labs, developer of the decentralized stablecoin protocol Ethena, revealed that…
Posted inCrypto Exchange NEWS CoinEx Empowers CET Token with Innovative Products and Ecosystem Growth Posted by By Tony Chimdiuto 26/09/2024CoinEx, a top global cryptocurrency exchange, shared big improvements for its platform token, CoinEx Token…
Posted inCrypto Crypto Campus Events NEWS Base Chain to Reward 25 ETH to Base Africa Buildathon Winners Posted by By Tony Chimdiuto 26/09/2024Base Africa is looking to host a buildathon event for individuals developing applications to foster…
Posted inCrypto Fundraise NEWS Prediction Markets Polymarket Discusses $50M Funding, Potential Token Launch Posted by By Tony Chimdiuto 26/09/2024The leading blockchain-based predictions market platform Polymarket is reportedly considering raising $50M in fresh funding…