Algorand And Banking: Benefits of Using Algorand At the Banks.
We will be looking at the benefits of adopting Algorand blockchain and its features at the banking sector around Nigeria.
Posted inFintech
Traditional Banks are Losing Customers to Digital Banks in Nigeria Following the New Stamp Duty Charge By FIRS
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.
A Dynamic MultiChain Technology Helping Users to Establish Private and Secured Blockchains
A Dynamic MultiChain Technology Helping Users to Establish Private and Secured Blockchains
Posted inPress Release
Introducing ABiTrader App, an African-focused P2P Crypto Trading Mobile App For Buying and Selling Bitcoin in Africa
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.
Posted inFintech
ATM Transactions Drops By 50% With A Corresponding Increase In Fintech Apps Downloads
The global ATM transactions had dropped by 50 percent since the outbreak of COVID-19.
Posted inNEWS
Introducing Paystack Commerce, a Seller’s Toolkit For African Creators and Brands
Paystack is introducing Paystack Commerce, a seller toolkit for African brands and creators to ease the sell of products online.
Posted inNEWS
Introducing Binance Access: A B2B Solution for Merchants to Natively Integrate Buy Crypto Functions.
Binance.com introduces Binance Access, a B2B (Business-to-Business) solution for merchants around the globe.
Posted inNEWS
Again, President Buhari Calls The Change Of CFA To Eco “A Risky Move”, Calls For Another Meeting
Again, President Buhari calls the change of CFA to Eco “A Risky Move”, calls for another meeting to embark on peacefully deliberation.
Don Jazzy Confirms He is Trading Bitcoin After Sharing His Crypto Trading Charts From Trading View
Don Jazzy has confirmed that he is trading Bitcoin after sharing his crypto trading charts from trading view.
Beneficial Use Cases of Algorand In Various Industries
Algorand has many beneficial use cases of in different sectors and industries in the block-chain space around d the globe.
Posted inBlockchain
UNICEF Crypto Fund Announces $100,000 Funding Grants For Startups
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).
Posted inBitcoin
Bitcoin ATM Machines Grow to 8,000 Around the World
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.
Posted inNEWS
Chipper Cash Closes $13.8 million in Series-A Round
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.
The Number of BTC Whales Surges to Three-Year High
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.
Posted inNEWS
Crypto at the Universities; LASU Students Shares Assignments Given to Them on Cryptocurrency in Nigeria.
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.
Algorand and Central Bank Digital Currency.
Algorand and Central Bank Digital Currency (CBDC). How algorand can be utilized in powering CBDCs across the globe.
Algorand Project Review
Algorand Project Review focuses on discussing the underlying smart technology built by Algorand for the blockchain ecosystem.
For the First Time, Kenya Ranks Above Nigeria in Bitcoin Search in Africa.
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.
Posted inNEWS
The First Nigerian Blockchain Startup to Raise Over 250 Million Naira in Presale.
AbiT Network is the first Nigerian blockchain startup to raise over 250 million naira in its presale stage.
Naira to Suffer Further Devaluation, Says MTEF Report
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.
Posted inPress Release
Chainalysis Partners with A&D Forensics, Expanding Access to Its Cryptocurrency Investigative Tools in Africa
Chainalysis, the blockchain analysis company, and A&D Forensics, Africa’s leading blockchain and financial forensics firm, today announced a partnership that will further the adoption of Chainalysis Reactor, the company’s investigative software, in the African market.
Fintech Association of Nigeria Appoints New Board of Trustees
The Fintech Association of Nigeria has appointed new board of Trustees in other to achieve its 3 year strategic plan for a better Fintech ecosystem in Nigeria.
Algorand Presents a Superior Consensus Mechanism
Algorand blockchain appears to be a superior consensus mechanism through its Pure Proof-of-Stake mechanism.
CAFEi Nigeria Suggests Blockchain for Identity Management to Achieve Financial Inclusion.
Consumer Awareness and Financial Enlightenment Initiative (CAFEi), suggests the use of blockchain to fix the identity management issue in Nigeria.
Posted inNEWS
Bitcoin Billionaire Movie to Tell the Story of the Winkelvoss Twin Bitcoin Billionaire Brothers.
Bitcoin Billionaire movie an adaptation of the book “Bitcoin Billionaire” will be featuring the story of the billionaire twin brothers, Cameron and Tyler Winkelvoss.
