CBN intervenes at the Retail Market with 280.04m US Dollars And 28.3m CNY

By Diutocoinnews

The Retail Secondary Market Intervention Sales (SMIS) received a boost of 280.04 million dollars and 28.3 million Chinese Yuan from the Central Bank of Nigeria (CBN) reports Guardian.ng The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor, made this known in a statement in Abuja on Friday. “CBN also injected CNY 28.3 million in the…

eTranzact To Utilize Blockchain Technology To Improve Banking Services.

By Diutocoinnews

eTranzact International Plc, seeks to utilize Blockchain Technology to reduce customer cost and improve data security for its customers. eTranzact is a pioneer company in money transfer operating in Nigeria, Ghana, Kenya, Zimbabwe, Cote d’Ivoire, and UK. According to the Guardian Newspaper reports, the Deputy Managing Director, eTranzact, Hakeem Adeniji-Adele, said the company is already…

Why Bitcoin As A Ransom

By Diutocoinnews

      Lately, the global interest in bitcoins has grown. So, it becomes extremely important to understand the basics of bitcoin and other virtual currencies. Bitcoin, and its alternatives are all based on cryptographic algorithms which are encrypted. This makes the currency decentralized giving ownership to the user.       These can be purchased through an online exchange or…

What Is The Facebook’s New Cryptocurrency Called Libra Cryptocurrency.

By Diutocoinnews

Libra cryptocurrency is the new Facebook digital money dubbed Libra which was announced on Tuesday June 18 by Facebook. The Facebook new cryptocurrency ‘Libra’ was created to “enable a single global currency and financial infrastructure that empowers billions of people”. It will help users send and receive money on WhatsApp, Facebook Messenger and Instagram. The…

TRON Network Rises To Over 2.3 Million Users Over The Week.

By Diutocoinnews

TRON is one of the most successful cryptocurrency projects out there. Tron was founded by Justin Sun a graduate of Hupan University, founded by Jack Ma. TRON aims to build the future of a truly decentralized internet and free content entertainment system utilizing blockchain technology. The TRON protocol enables developers to create smart contracts and…

SEC Released Its Cryptocurrency Issuance And Participation Guildlines

By Diutocoinnews

The U.S. Securities and Exchange Commission (SEC) released a new regulatory guideline for token issuers. According to the document— there exists guidelines on how and when these cryptocurrencies may fall under securities classifications. The document focused more on token issuers guildline and investors participation. SEC Director of Corporation Finance William Hinman, first revealed that SEC…