Today, Luno records a new increase in signups following a drop in system performance limiting users from processing some needed trading operations within the system.
Coinmarket Report released its Q1, 2020 reports and ranks Africa as the Second-Fastest Growing in Youth Crypto Adoption with Nigeria leading the crypto adoption in Africa.
Following the announcement from the Luno Exchange blog, the Africa's unicorn cryptocurrency exchange will be supporting litecoin market for buying and selling in May.
The International Monetary Fund (IMF), on Tuesday, April 28, 2020, approved the sum of $3.4 billion, as emergency financial support for Nigeria, as a result of the adverse effects of COVID-19.
According to a new report released by Enhancing Financial Innovation and Access (EFInA), more Nigerians are embracing financial services, with positive impact on lending and the economy.
It appears that Coinbase goes down usually during high market uptrends, especially with bitcoin. In June 2019, Coinbase's site and API went down during a nearly $2,000 fall over a 15-minute period.
Coming to Nigeria, the story is not the same. The first mobile money service in Nigeria dates back to 2009. Since then, a dozen new mobile money service providers have emerged with Paga currently, topping the list.
Binance Pool opens services today. Binance Pool is launching with a bitcoin mining solution plus a special offer of zero-fee starting rate for Bitcoin miners for the first month.
According to the global most recent data from Google Trends Search for the word ‘Ethereum’, in 2020. Nigeria ranks third in the global ranking and first in Africa.
Nigeria Banks is looking to increase earnings following the pressure on banks' earning due to the unpaid loans owed by independent oil producing firms.
World Bank projects the remittances to Nigeria, Egypt, Senegal and other Low and Middle-income Countries (LMICs) to drop sharply by 19.7% to $445 billion in 2020.
Following the plans by the government to distribute stimulus package to support businesses, the sharing of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility have started.
Since after the launch of the first bitcoin ATM in Nigeria, the number of bitcoin ATM in Africa and beyond have significantly increased. We have a total of more than 7,600 Bitcoin ATMs throughout the world.
Humanity is facing a great problem during this period, a threat that does not discriminate by race, academic and political background.
Blockchain4Covid19 is out to help combat the coronavirus pandemic
Paystack is one of the top payment processors in Nigeria with over 10 million unique transactions each month for over 60,000 businesses including Branch, Palmcredit, and MTN.
South Africa’s top financial regulators and the country's apex bank—South African Reserve Bank, have collectively issued a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers.