Things You Must Know About Libra Cryptocurrency. The Facebook New Cryptocurrency.

By Ogbuowelu Uchechukwu

Libra Cryptocurrency dubbed Facebook cryptocurrency is set to launch mid 2020 after the whitepaper was released in June 2019. Many financial institutions has taken a negative stance towards Libra development. Some notable financial institutions around the world has spoken on its negative effects towards the financial institutions. The US government has ordered Facebook to halt…

Facebook In Talk With Coinbase To Launch It’s Own Cryptocurrency.

By Ogbuowelu Uchechukwu

The social media giant Facebook reportedly in talk with the United States based Cryptocurrency Exchange Coinbase to develop it’s Cryptocurrency. As was reported by Financial Times about the Facebook’s “Globalcoin” project. Facebook has discussed the initiative with major crypto exchange and wallet Coinbase. The report also notes that Facebook reportedly spoke with the Gemini exchange,…

Cryptocurrency Exchange Bithumb Got Hacked.

By Diutocoinnews

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 During which an EOS account name—ifguz3chmamg had withdrawn over 3 million EOS.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…

Google : Nigerian Naira Gains Over 60% Against Dollar

By Diutocoinnews

The cryptocurrency market went wondering as the price of NAIRA went down to 184 NAIRA per 1 USD from a previous price of 357 Naira per USD. This information was gathered from Google yesterday’s night prior to the presidential election of Nigeria. The buzz have been that it’s a political action in support of the…

Naira Appreciates to ₦358 In The Parallel Market

By Diutocoinnews

The Dollar To Naira Exchange Market For Investors And Exports Appreciates. Data from FMDQ showed that the naira to dollar exchange rate for the Investors And Exports window dropped to N361.72 per dollar yesterday from N362.58 per dollar on Friday resulting to 86 kobo appreciation of the naira. The appreciation been the result of 21…

ECOWAS To Launch A Unified Currency For The Region In 2020.

By Diutocoinnews

From the information gathered at the ECOWAS headquarters in Abuja. Every details for the launch of the unified currency for the region by the sub-regional body’s Macroeconomic Policy and Economic Research Department is being strengthened. Under the current arrangement, all monetary authorities in West Africa are to be unified by an economic convergence plan with…

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

By Diutocoinnews

  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…