Bitcoin News / Bitcoin.com - 10 months ago
The Nigerian cryptocurrency exchange platform Bitmama recently said it has temporarily suspended deposits due to “ongoing third-party maintenance.” Bitmama said that while earlier media reports about its suspension of deposits are correct...
Bitcoin News / Bitcoin.com - 11 months ago
As Nigeria grapples with cash shortages, the country’s central bank warned of the presence of counterfeit, higher-denomination naira banknotes. The bank has urged members of the public to report anyone suspected of falsifying or counterfeiting...
Bitcoin News / Bitcoin Magazine - 11 months ago
I’ll start by making a statement that is probably already known to many, especially bitcoiners: money is a form of energy. We expend energy to do work. Then, an agreed-upon form of remuneration that is commensurate with the amount of work put in is e...
Bitcoin News / Bitcoin.com - 11 months ago
The Nigerian fintech unicorn revealed on Dec.7 that it has obtained money transfer licenses in 13 U.S. states. Flutterwave’s partnership with a licensed financial institution also means that it can now serve customers in 29 states in the U.S. Flutter...
Bitcoin News / Bitcoin.com - 11 months ago
Nigerian Web3 startup Wicrypt announced on Dec. 6 that it had received a $150,000 grant from Microsoft. The startup plans to use the grant to improve productivity around its decentralized physical infrastructure network development chain. In late Nov...
Bitcoin News / Bitcoin.com - 11 months ago
A new study has found that as much as 47% of Nigerians are actively engaged in crypto trading which is now increasingly incorporated in their financial lives. The analysis also showed that crypto ownership in the country grew by 15% between 2020 and...
Bitcoin News / Bitcoin.com - 11 months ago
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $1 million. Reports of Payday’s acquisition come almost a year after the startup raised $3 million in a funding round.
Bitmama’s...
Bitcoin News / Bitcoin.com - 11 months ago
The Supreme Court of Nigeria has again extended the lifespan of the N1000, N500, and N200 naira notes. The Central Bank of Nigeria (CBN) also reiterated that all banknotes, including the previously demonetized naira, remain legal tender “ad inf...
Cryptocoins News / The Cointelegraph - 11 months ago
SiBAN president Obinna Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the...
Cryptocoins News / Blockchain - 11 months ago
Nigeria Police Force arrests politician Wilfred Bonse for over 200 million Naira financial fraud at Patricia Technologies, three for romance scam, and USDT recovery in cryptocurrency fraud. (Read More)
Bitcoin News / Bitcoinist - 11 months ago
A Nigerian politician, Ambassador Wilfred Bonse, has been apprehended by the Nigeria Police Force (NPF) in connection to a security breach suffered by crypto exchange Patricia Technologies Limited. This development comes as Patricia defaults on its d...
Cryptocoins News / The Cointelegraph - 11 months ago
A spokesperson for the Nigerian Police Force said that Wilfred Bonse, a Nigerian politician, has been arrested for the theft, the conversion of cryptocurrency wallets, and the unauthorize...
Cryptocoins News / The Cointelegraph - 11 months ago
NITDA chief Kashifu Inuwa Abdullahi said it’s crucial to take proactive measures to harness AI benefits and mitigate threats. In a bid for greater global recognition a...
Bitcoin News / Bitcoin.com - 11 months ago
A Nigerian startup named Trojan Mining is constructing a hydro-powered facility dedicated to bitcoin (BTC) mining in the African country, according to a recent report. Over the weekend, Trojan unveiled the creation of its mining container, locally pr...
Bitcoin News / Bitcoin.com - 11 months ago
The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help a...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian central bank has dismissed rumors suggesting that the previously demonetized naira banknotes are no longer legal tender. According to the bank, all banknotes it has ever issued remain legal tender and “should not be rejected by any...
Cryptocoins News / The Cointelegraph - 1 year ago
Nigeria’s communication ministry said the Code Clubs will introduce young participants to coding and digital technology and encourage them to deploy creative problem-solving in their ever...
Cryptocoins News / Blockchain - 1 year ago
Nigeria's 3MTT program, led by Bosun Tijani, is attracting over one million applicants, demonstrating the country's commitment to AI education and fostering a technologically skilled workforce. (Read More)