The business of OTC Bitcoin trading in Nigeria have seen a tremendous growth in the country, coupled with the increase in the value of one dollar to naira at the black market.
Some part of the funds collected through the Twitter Hack this week appear to be on the move claims Elliptic, a Bitcoin wallet address tracing service firm.
Unconfirmed reports around social media, claims that the duo have hired a high profile successful american-lawyer, Mark Geragos, who was once an attorney to the late pop star Michael Jackson.
The Federal Bureau of Investigations, FBI, has filed a case claiming that Olalekan Jacob Ponle, an acompliance arrested alongside Hushpuppi, defrauded US firms of millions in dollars.
Binance Africa Influencer Award: Who Has Better Odds of Winning Between Gaius Chibueze and Chris Ani, the Top Two Most Influential in the Crypto Space in Africa.
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.
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.
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.
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.
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.
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.
Bitcoin still stands out as the best investment of all time against the Nigerian Naira for over 50 years ago. The outstanding performance of the world's biggest cryptocurrency over the years sets it apart from other world’s fiat currencies including Nigeria Naira.