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Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

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Tanzania To Develope Central Bank Digital Currency CBDC

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The Tanzanian government is making deliberations on how to develop its own cryptocurrency to follow the path of other African countries. According to Bloomberg, the Bank of Tanzania already kicked off with the preparations of a central bank digital currency…

GALA Games Metaverse Price Prediction Projects A 50% Token Price Correction.

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The price of GALA seems to be pulling back from its all-time high as investors takes profit across most cryptocurrency markets. Blockchain-based play-to-earn platform Gala Games (GALA) has been a star performer in November, and the rapid ascent of the GALA token…

Google Cloud Used For Illegal Crypto Mining, Report Shows.

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Online attacks have become extremely prominent, and they include cryptocurrency mining abuse, phishing campaigns, ransomware, and so on. A new cyber security report by Google has revealed some disturbing statistics. The report shows that the most compromised Google Cloud accounts are used…

Metaverse Coin MBOX Announces Token Burn.

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One of the leading metaverse gaming platform Mobox (Mbox) has announced over 170,000 burns of it’s coins on Binance Smart Chain Contract. According to a tweet post the trending metaverse gameFi platform tweeted; #MBOX burn has taken place! We burned…

Popular Chinese Crypto News Site, ChainNews Clamps down.

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ChainNews, one of China’s leading crypto news sites, closed its operations today, co-founder Feng Liu told global crypto news outfit in a Twitter message. Earlier Friday the co-founder announced the closure in his personal WeChat moments, according to a screenshot…

Black Friday Sales Woes Crash Crypto Market.

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Bitcoin and cryptocurrencies prices have experienced sharp fall as the discount shopping event Black Friday begins, dropping along with stock markets around the world . The bitcoin price fell to its lowest price since mid-October, down 6% on the last…

Enugu Based Forex Investment Scheme Operator Absconds With Investors Billions.

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A young businessman based in Enugu State, Mr Agbo Paul Onyebuchi Divine, who is the founder and Chief Executive Officer of De Ecstasy Agro and Farming Services, has ran away with money invested in his company by members of the…

NFT Is Collins Dictionary Word Of The Year 2021, Beating Crypto.

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The abbreviation of non-fungible token has seen a speedy rise in usage over the last year, said Collins, it upped 11,000% in the last year. Any digital creation can become an NFT, with the term referring to a certificate of ownership, registered…

Coinbase Buys BRD Crypto Wallet Sending The Firm Token To Over 800% Price Increase.

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Crypto wallet fintech startup BRD has been acquired by Coinbase, according to a BRD blog post Wednesday (Nov. 24),this the co-founders Adam Traidman and Aaron Voisine say will accelerate the company’s decentralization goals. The post notes that nothing will change in the…

Crypto Traders, Beware Of Flubot !

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Investigattions by the rapid response team of Sophos, a cyber security firm, has revealed that most of the cryptocurrency investors are becoming targets for ransomware through face app login screens. The study mentions Flubot, a mobile malware family that wreaked…