DiutoCoinNews

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

Ekenedilichukwu

Market Explosion for NFT (Non Fungible Token) as Trade Volume Skyrockets to $3 billion.

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NFT markets recorded an all time high of $3 billion for the first part of the year 2021 against mere $13 million reached in first half of 2020, report from market data reveals. The prices increase range from sales in…

Private Equity and Venture Capital Terrain in Africa: 2021 Post Pandemic .

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Investors growth pre and post pandemic Africa in private equity and venture capital has seen a vibrant investment in finance sector, fintech and cryptocurrency. Africa leading data engagement platform, reported an average of 600 investors across Africa are active in…

Egypt’s Custom Launches Blockchain Based “NAFEZA”.

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To Ease Clearance of Consignment Egypt launches fast import clearing system called the National Single Window for Foreign Trade Facilitation, NAFEZA. The action is implemented by Egyptian Customs Authority ( ECA), the country’s body responsible for implementation of import and…

Nigeria P2P Crypto Trade Volume Continues To Rise.

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This increase surpassed the trading volume of $35.2 and $34.9 recorded in the month of April and May respectively. Peer to peer trade volume in Nigeria cryptocurrency market surpassed it’s previously $35 million mark to upsurge to near $40 million…

Massive $12.2 million Dollar Diamond Sells in Cryptocurrency at Auction.

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An unblemished 101.38 carat diamond was sold at Auction by Sotheby’s for $12.2 million dollars in cryptocurrency, making it the most expensive piece of luxury stone to be traded through cryptocurrency. The diamond was sold in Hong Kong to an…

Digital Currency: Ghana To Commence E-Cedi Pilot in September.

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The deputy governor, Bank of Ghana, Maxwell Opoku Afari revealed that the country Apex banking regulatory body has reached advanced stage in the launch of Ghana native digital currency E-Cedi. He made revelation at a media symposium put together by…

Blockchain Technology Is an Option To Look Into, Beneficial For Women:

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WTO Director, Ngozi Okonjo Iwela. Ngozi Okonjo Iwela, Director General of World Trade Organization and former Managing Director World Bank affirmed that blockchain technology will be beneficial to women in societies where restrictions for women accessing finance exits. The former…

Airdrops : Scammers Favourite Scheme.

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Have you being recently scammed by the growing airdrop announcements ? Jittery about trying it out ? Or are you a perpetual victim ? Read this ! Airdrops are genuinely are marketing tool use by crypto companies to raise market…

Expect To See Your Favourite UFC Fighter On Branded Crypto Wear

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As UFC Inks Multi-million Crypto Sponsorship Promotion Deal. In one of the biggest crypto promotional entrance into sports, crypto market place, crypto.com inked a 10 year, $175 million partnership deal. Sources familiar with the deal noted that this will be…

Is Cryptocurrency Bear Market Over ?

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Cryptocurrency market has been under sell pressure for the past two months. The month of May and June 2021 witnessed unprecedented crash in price. Bitcoin lost over 50% in price while most altcoins lost near 80% of their market prices….