by COINS NEWS - 2 years ago
Algorand Metrics: metrics.Algorand.org Algorand's unique and novel 1/1 blockchain design called Pure-Proof of Stake(PPoS) allows for decentralization, scalability, and security. Here is a break down of what exactly Pure Proof of Stake is an...
by COINS NEWS - 2 years ago
Algorand Metrics: metrics.Algorand.org Algorand's unique and novel 1/1 blockchain design called Pure-Proof of Stake(PPoS) allows for decentralization, scalability, and security. Here is a break down of what exactly Pure Proof of Stake is an...
by COINS NEWS - 2 years ago
Algorand Metrics: metrics.Algorand.org Algorand's unique and novel 1/1 blockchain design called Pure-Proof of Stake(PPoS) allows for decentralization, scalability, and security. Here is a break down of what exactly Pure Proof of Stake is an...
by COINS NEWS - 2 years ago
Algorand Metrics: metrics.Algorand.org Algorand's unique and novel 1/1 blockchain design called Pure-Proof of Stake(PPoS) allows for decentralization, scalability, and security. Here is a break down of what exactly Pure Proof of Stake is an...
Bitcoin News / Google News Bitcoin - 2 years ago
Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators – Economics Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 2 years ago
The Nigerian central bank has accused currency speculators of being behind the local currency’s recent plunge to a new all-time low of N710 against the greenback. The leader of a Nigerian association of bureau de change operators insisted cryp...
Bitcoin News / Google News Bitcoin - 2 years ago
The crash of Nigeria’s national currency (naira) reportedly pushed many residents to turn to alternative assets such as bitcoin and stablecoins to preserve their wealth. The peer-to-peer exchange LocalBitcoins marked a 258% increase in BTC purchase...
Bitcoin News / Google News Bitcoin - 2 years ago
Nigeria leads the African continent with digital asset regulations, a top official at the country’s securities watchdog recently claimed.
Speaking during a local industry event, Dayo Obisan claimed that the Securities and Exchange Commission (SEC)...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin is the world’s first and most popular cryptocurrency, with the largest market capitalization, and Nigeria is not left out of the crypto buzz. According to PUNCH, Nigerians traded at least N77.75bn ($185m) worth of Bitcoin in the first three...
Bitcoin News / Bitcoin.com - 2 years ago
Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank i...
Bitcoin News / Google News Bitcoin - 2 years ago
Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is...
Bitcoin News / Bitcoin.com - 2 years ago
Nigeria has taken the lead in regulating digital assets in Africa, and is one of the countries looking keenly into governing the digital asset space, an executive director with the country’s securities regulator has said. The director also mad...
Bitcoin News / Google News Bitcoin - 2 years ago
The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial institutions to change the way they operate. Accor...
Bitcoin News / Bitcoin.com - 2 years ago
The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial institutions to change the way they operate. According t...
Bitcoin News / Google News Bitcoin - 2 years ago
A Nigerian fintech, Moove, recently secured a $20 million investment from British International Investment (BII). Moove said the funds will be used to democratize access to vehicle ownership in Africa.
Credit Extended Based on Drivers’ Performa...
Bitcoin News / Bitcoin.com - 2 years ago
A Nigerian fintech, Moove, recently secured a $20 million investment from British International Investment (BII). Moove said the funds will be used to democratize access to vehicle ownership in Africa.
Credit Extended Based on Drivers’ P...
Bitcoin News / Bitcoin.com - 2 years ago
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing mer...
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than...
Bitcoin News / Bitcoin Magazine - 2 years ago
An order from the Central Bank of Nigeria (CBN) barring financial institutions from servicing cryptocurrency transactions, effectively “banning Bitcoin” in the country, withstands more than 16 months later, despite the Nigerian Security and Exchange...
Bitcoin News / Bitcoin.com - 2 years ago
Nigerian author and crypto advocate Nathaniel Luz has said his recently published book represents his attempt to remind people of the initial reason why bitcoin was created. He said bitcoin is the summation of over three decades of research and exper...
Bitcoin News / Bitcoin.com - 2 years ago
The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currency “would be necessary in the...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability.
Narrow...
Bitcoin News / Bitcoin.com - 2 years ago
A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor. On its charge sheet, the prosecution said that the man had contravened Nigeria’s anti-fraud laws and hen...
Cryptocoins News / Blockchain - 2 years ago
Since knowledge feeds optimism and participation, Nigeria emerged as the top nation with the highest rates of optimism about Bitcoin’s future at 60%, to a study by Jack Dorsey-owned Block, Inc.
Other nations with high Bitcoin (BTC) optimism levels...