CBN Governor Of Nigeria, Emefiele Talks About Cryptocurrency Regulations In Nigeria.

By Diutocoinnews

Emefiele’s warning is coming on the heels of increasing transactions in cryptocurrencies in Nigeria. Data from LocalBitcoins, a Bitcoin start-up company, showed that Nigeria came second in the world’s peer-to-peer (P2P) Bitcoin transactions last year outpacing major European countries, the United Kingdom and the United States of America. Emefiele however warned that: “Cryptocurrency or bitcoin…

Cryptocurrency Trade Will Boost The Nigeria Economy Says Experts.

By Diutocoinnews

Cryptocurrency, the digital currency that uses cryptography to validate and secure transactions, is seen as the surest way to enhance trade and commerce in Nigeria, Africa and beyond, according experts views during a cryptocurrency forum organized by Luno in Lagos recently. When we talk about worldwide crypto adoption, one of the most untapped places in…

ECOWAS Gives Update On A Unified Single Currency For The Region

By Diutocoinnews

Chairman of the ECOWAS Council of Ministers, Mr Geoffrey Onyeama says achieving the ECOWAS Single Currency by 2020 will be a challenge. Onyeama said this while responding to questions from newsmen at the end of the 54th Ordinary Session of the ECOWAS of Heads of State and Government in Abuja on Saturday. The chairman, who…

Vostok Project, A Part Of Waves Platform Ecosystem Secures $120 Million From Private And Institutional Investors.

By Diutocoinnews

The Vostok project, a part of Waves ecosystem focused on implementation of Waves technologies in enterprise and government IT-systems, has secured a USD120 million funding round from private and institutional investors. As per the news update from Waves Blog Waves & Vostok Interaction Waves Platform was founded on the principle that blockchain is a technology…

International Monetary Funds Economists Antoine and Vikram on Cryptocurrencies and Digital Economies.

By Diutocoinnews

Antoine Bouveret and Vikram Haksar Economists and part of the Policy Strategy and Review Department of International Monetary Fund (IMF) on Cryptocurrencies and Digital Economies. Despite the hype, cryptocurrencies still don’t fulfill the basic functions of money as a store of value, means of exchange, and unit of account. Because their value is highly volatile,…

Pan African AI company, UTU, secures DEEPCORE’s participation in Seed Round led by æternity Ventures

By Diutocoinnews

Nairobi Kenya, December 20, 2018: UTU Technologies Limited (http://utu.io) announces an investment from DEEPCORE TOKYO I Investment Limited Partnership (“DCT-1”), managed by DEEPCORE Inc. (“DEEPCORE”), a Tokyo based incubator and VC focused on advancing artificial intelligence. DCT-1 joins UTU’s previously announced seed round along with æternity Ventures, the lead investor of this round and the…

University Of Nigeria Nsukka. Yuletide Security Update.

By Diutocoinnews

Security of the University Staff are paramount during the Yuletide period as well as that of the students staying at the school premises during this period. It’s a common phenomenon that it’s usually during this time that most Cyber Criminals in the institution tend to operate. And as such the University has taken to ensuring…