Erigga Money, Nigeria Top Sensational Hip Hop Top Recording Artist is Bullish About Bitcoin.

By Tony Chimdiuto 01/07/2020

Erigga Money, the popular Nigerian Motivational Rapper and Best Street Hip Hop Nominee for the 2012 and 2019 Headies took to twitter today affirming his stance towards the use of bitcoin and its adoption around Nigeria.

NEWS

Zimbabwe Suspends all Mobile Money Agent Transactions in Other to Control Hyperinflation.

By Tony Chimdiuto 01/07/2020

Zimbabwe’s central bank has suspended all “mobile money agents” transactions in a bid control to hyperinflation in the country.

Blockchain NEWS

Coinbase, Binance, and Kraken Lead the Way in Blockchain Merger and Acquisition Deals.

By Tony Chimdiuto 30/06/2020

Coinbase, Binance, and Kraken leads in the blockchain industry being the most active firms in acquisitions around the globe boasting of at least 10 merger and acquisition transaction deals.

NEWS

SEC Nigeria Warns Individuals of Losing Funds to the Illegal Products Offered By iBSmartify

By Tony Chimdiuto 30/06/2020

The Securities and Exchange Commission (SEC) on Sunday, disclaimed the activities of iBSmartify Nigeria, warning Nigerians to desist from patronizing the firm or any of its products.

Fintech

CBN Releases Draft Framework for Regulatory Sandbox Operations on Emerging Technologies in the Payments Space.

By Tony Chimdiuto 30/06/2020

CBN has released a new Draft Framework for Regulatory Sandbox Operations focused on emerging technologies in the payments space.

Features Sponsored

Algorand And Banking: Benefits of Using Algorand At the Banks.

By DiutoCoinNews Partners 29/06/2020

We will be looking at the benefits of adopting Algorand blockchain and its features at the banking sector around Nigeria.

Fintech

Traditional Banks are Losing Customers to Digital Banks in Nigeria Following the New Stamp Duty Charge By FIRS

By Tony Chimdiuto 28/06/2020

Digital Banks in Nigeria had recorded a new dawn following the new “Stamp Duty” fee charge on every 10,000 Naira transfer by Traditional Banks.

Features Sponsored

A Dynamic MultiChain Technology Helping Users to Establish Private and Secured Blockchains

By DiutoCoinNews Partners 26/06/2020

A Dynamic MultiChain Technology Helping Users to Establish Private and Secured Blockchains

Press Release

Introducing ABiTrader App, an African-focused P2P Crypto Trading Mobile App For Buying and Selling Bitcoin in Africa

By Tony Chimdiuto 26/06/2020

The novel blockchain startup in Nigeria, ABiT Network has launched the mobile app version of its Bitcoin P2P (peer-to-peer) trading web app, some days after its fundraise.

Fintech

ATM Transactions Drops By 50% With A Corresponding Increase In Fintech Apps Downloads

By Tony Chimdiuto 26/06/2020

The global ATM transactions had dropped by 50 percent since the outbreak of COVID-19.

NEWS

Introducing Paystack Commerce, a Seller’s Toolkit For African Creators and Brands

By Tony Chimdiuto 24/06/2020

Paystack is introducing Paystack Commerce, a seller toolkit for African brands and creators to ease the sell of products online.

NEWS

Introducing Binance Access: A B2B Solution for Merchants to Natively Integrate Buy Crypto Functions.

By Tony Chimdiuto 24/06/2020

Binance.com introduces Binance Access, a B2B (Business-to-Business) solution for merchants around the globe.

NEWS

Again, President Buhari Calls The Change Of CFA To Eco “A Risky Move”, Calls For Another Meeting

By Tony Chimdiuto 24/06/2020

Again, President Buhari calls the change of CFA to Eco “A Risky Move”, calls for another meeting to embark on peacefully deliberation.

NEWS Top News

Don Jazzy Confirms He is Trading Bitcoin After Sharing His Crypto Trading Charts From Trading View

By Tony Chimdiuto 22/06/2020

Don Jazzy has confirmed that he is trading Bitcoin after sharing his crypto trading charts from trading view.

Features Sponsored

Beneficial Use Cases of Algorand In Various Industries

By DiutoCoinNews Partners 22/06/2020

Algorand has many beneficial use cases of in different sectors and industries in the block-chain space around d the globe.

Blockchain

UNICEF Crypto Fund Announces $100,000 Funding Grants For Startups

By Tony Chimdiuto 20/06/2020

The UNICEF Innovation Fund and Crypto Fund announced a public funding grants for startups offering blockchain solutions to apply for gransts (up to $100,000 and cryptocurrency combined).

Bitcoin

Bitcoin ATM Machines Grow to 8,000 Around the World

By Tony Chimdiuto 19/06/2020

Since the establishment of Bitcoin Automated Teller Machines in 2013, over 8,000 Bitcoin ATMs are now installed around the world, including in Nigeria, the country with the highest bitcoin trading volume in Africa.

NEWS

Chipper Cash Closes $13.8 million in Series-A Round

By Tony Chimdiuto 18/06/2020

San Francisco based fintech startup Chipper Cash, used in processing cross-border transactions within Africa has closed a $13.8 million Series-A investment round.

NEWS Top News

The Number of BTC Whales Surges to Three-Year High

By Tony Chimdiuto 18/06/2020

The number of BTC whales with 1,000 Bitcoins or more in their bitcoin wallets has increased to 1,882 from around 1,650 in January. This is the highest number in about three years.

NEWS

Crypto at the Universities; LASU Students Shares Assignments Given to Them on Cryptocurrency in Nigeria.

By Tony Chimdiuto 17/06/2020

Crypto at the Universities; LASU campus students shares an assignments given to them on Cryptocurrency in Nigeria. LASU — Lagos State University student of Nigeria shared with Diutocoinnews an assignments given to them to write concerning cryptocurrency in Nigeria.

Features Sponsored

Algorand and Central Bank Digital Currency.

By DiutoCoinNews Partners 16/06/2020

Algorand and Central Bank Digital Currency (CBDC). How algorand can be utilized in powering CBDCs across the globe.

Features Sponsored

Algorand Project Review

By DiutoCoinNews Partners 16/06/2020

Algorand Project Review focuses on discussing the underlying smart technology built by Algorand for the blockchain ecosystem.

Bitcoin NEWS

For the First Time, Kenya Ranks Above Nigeria in Bitcoin Search in Africa.

By Tony Chimdiuto 16/06/2020

Recent Google Trends data compiled by Blockchaincenter.net shows that Kenya ranks above Nigeria in Bitcoin search for the first time over a long period of time.

NEWS

The First Nigerian Blockchain Startup to Raise Over 250 Million Naira in Presale.

By Tony Chimdiuto 15/06/2020

AbiT Network is the first Nigerian blockchain startup to raise over 250 million naira in its presale stage.

Bitcoin NEWS

Naira to Suffer Further Devaluation, Says MTEF Report

By Tony Chimdiuto 13/06/2020

According to the information provided by the Medium-Term Expenditure Framework and Fiscal Strategy (MTEF/FSP) report as released by the Federal Ministry of Finance, Budget, and National Planning, the exchange rate between the naira and the dollar may be further devalued.