BITCOIN NEWS

Bitcoin News in Nigeria. Nigeria is seventh most populous country in the world and the most populous in Africa. Nigeria also has the largest economy in Afric, with more than $500 billion of nominal gross domestic product. The Word Bank considers Nigeria as an emerging market.

Bitcoin News in Nigeria

There is no law governing the use of Bitcoin in Nigeria, but the Nigerian SEC, or Securities and Exchange Commission, warned citizens about cryptocurrency investments being risky and sometimes even fraudulent.

However, the Nigeria Deposit Insurance Corporation and the Central Bank of Nigeria have plans to adopt cryptocurrency technology and have several sub-committees working on implementing blockchain into governmental insurance and financial services.

Bitcoin Investment In Nigeria Grows By 5%

BITCOIN NEWS / Economy / NEWS / TRADING
25/11/2022

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Nigerians’ investment in Bitcoin grew by over five per cent in 2022 despite the cryptocurrency losing $562.93bn of its market value in the same year. This...

Crypto Bootcamp Community is set to host the biggest blockchain and crypto education bootcamp.

BITCOIN NEWS / EVENTS / Learn Crypto / NEWS
17/11/2022

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Crypto Bootcamp Community is hosting the biggest blockchain and crypto education bootcamp–Bootcamp 3.0, to help individuals skill up and access sterling opportunities in the industry. Bootcamp...

El Salvador To Buy One Bitcoin Everyday, President Bukele Reveals.

BITCOIN NEWS / NEWS
17/11/2022

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President of El Salvador Nayib Bukele has announced that his government will start adding one bitcoin (BTC) to its holdings every day, starting from November 18....

How First Bitcoin Phone To Phone Transfer With Nokia N900 Revolusionalises Cryptocurrency.

BITCOIN NEWS / FINTECH / NEWS
24/10/2022

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Satoshi’s Bitcoin is nearing its 14-year anniversary, which will occur on January 3, 2023, and to date, the Bitcoin network has been functional 99.98777985271% of the...

Bitcoin Is Now In Guinness Book of Records As First Decentralized Cryptocurrency.

BITCOIN NEWS / NEWS
18/10/2022

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Cryptocurrency believed to be created by Satoshi Nakamoto and blockchain network, Bitcoin, has made into 2022 Guinness World Records (GWR), giving recognition to Satoshi Nakamoto’s invention...

Central Bank Allows Payment In Bitcoin, Other Cryptocurrencies.

BITCOIN NEWS / Economy
07/10/2022

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The Central Bank of Namibia has announced that despite no cryptocurrency having legal tender status in the country, payments in Bitcoin and other crypto will still...

Bitcoin Crash Trends As $65 Billion Wipes Off Crypto Market. Bitcoin, Ethereum Prices Sinks

BITCOIN NEWS / CRYPTOCURRENCY NEWS / NEWS
19/09/2022

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Leading cryptocurrencies Bitcoin and Ethereum are facing major bear attack today, as prices continued to plummet, with the global crypto market falling below the $1trillion (£878billion) mark...

Nigeria Ahead of South Africa In Bitcoin Adoption In Africa.

BITCOIN NEWS / CRYPTOCURRENCY NEWS / NEWS
15/09/2022

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Nigeria had been ranked as the fastest leading country in Bitcoin adoption in Africa, followed by Togo, Cameroon, Cote d’Ivoire, Senegal, Kenya and South Africa, the...

Today, Bitcoin Hash Rate Hits All Time High. Upcoming Bitcoin Halving Expected In Q4 2023.

BITCOIN NEWS / NEWS
12/09/2022

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Bitcoin’s network hash rate has hit a new all-time high of 281.80 million. The next BTC halving is now projected to take place as early as...

Zugacoin Slammed Over Investors Inability To Withdraw. Experts Claims “It’s Another Complex Nigeria Ponzi Scheme “

BITCOIN NEWS / CRYPTO AND CYBER SECURITY NEWS / CRYPTOCURRENCY NEWS / NEWS
27/08/2022

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Following reports that traders and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, Sam Zuga responded by accusing unnamed...

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