Coinmarketcap Lists Africa’s Top Cryptocurrency Exchange KubitX.

By Diutocoinnews

One of the top cryptocurrency exchange in Africa, Kubitx lists on cryptocurrency market data aggregator, coinmarketcap. No full detailed information has been made available on coinmarketcap but the following was highlights; “Launched on 20/12/2018, KuBitX Exchange is a centralized exchange based in Seychelles and Malta. It supports OTC/IEO. It is reportedly connected to African payment…

SEC Nigeria sets up a 10 member committee to draft a framework for blockchain and cryptocurrency.

By Diutocoinnews

At the just concluded second Annual Capital Market Meeting, Nigeria’s Security And Exchange Commission SEC Nigeria has set up a 10 member committee to help draft recommendations for blockchain and virtual assets framework for the Nigeria Capital Market. The Fintech Roadmap Working Group Committee will help develop a supportive framework for blockchain and virtual assets…

Cryptocurrency Exchange Bithumb Got Hacked.

By Tony Diuto

Bithumb one of the top cryptocurrency exchanges in Korea reportedly gets hacked according to a report from Bithumb. An usual withdrawal activity was detected by Bithumb at exactly 10:15pm on March 29 2019. During which an EOS account name—ifguz3chmamg had withdrawn over 3 million EOS. According to a tweet by crypto users— Davey Wan. As…

The State Of Cryptocurrency Regulations In African Countries And The World.

By Tony Diuto

  REGULATED IN SOUTH AFRICA. South Africa, the second largest economy in Africa previously in 2015 released straight no statement on Cryptocurrency activities in the country. But as of Jan 2019, the Intergovernmental Fintech Working Group comprised of members from the Treasury and the South Africa Reserve Bank (SARB) released the country’s consultation papers on the regulatory…

Government Of South Africa Releases Her Cryptocurrency Regulatory Papers

By Tony Diuto

The South Africa Reserve Bank (SARB) has released her Cryptocurrency Regulatory Framework. The Regulations were stricter than expected. Previously it was Kenya, now South Africa. The Government made known to the public her regulations in other to foster Cryptocurrency Adoption in Africa being the second largest economy in Africa after Nigeria. According to the consultation…

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

By Tony Diuto

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 TUTORIALS

By Diutocoinnews

What is Cryptocurrency. A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless…

Cryptocurrency Trading Tutorials : Crypto Trading 101

By Diutocoinnews

Hello Friends. Welcome back to our next tutorial, Cryptocurrency Trading 101. We thank our community for their active participation since our last tutorial. We thank Amicable and Maurice for their active participation in the community. Back to the real reason for the game. I know many of us have being waiting for this tutorial and…

Crypto Exchange 101: Centralized Exchanges.

By Diutocoinnews

Welcome. We talked about Decentralized Exchanges in our Last Tutorial. Today we will be looking into Centralized Exchanges. BINANCE Binance is the top centralized exchange in the world with a trading volume of up to a $1.2b daily. The most user friendly and robust Centralized Exchange Platform. To start trading on Binance. You have to…

Crypto Exchange 101: Decentralized Exchanges.

By Diutocoinnews

OK. Hello welcome. First of all. A note of gratitude to those who registered with us and others already with us on our telegram channel, group and whatsapp group. A big thank you. From our Last Tutorial we stopped at different exchanges in Cryptocurrency Trading. So let’s talk about exchanges. First is the Turtlenetwork DEX…