DiutoCoinNews

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

BLOCKCHAIN NEWS

Bitcoin BTC Mining Is Boosting Standing Of Living In East Africa

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In East Africa, a  Bitcoin BTC mining project that uses clean, stranded and excess hydro energy in Malawi, a landlocked country in southeastern Africa, has gained ground.  The company behind the project, Gridless, tweeted that there are now “1600 families…

Keep Your Crypto Assets Secure With Trust Wallet.

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While investing in cryptocurrency, you must pay close attention to wallet security to avoid crypto-thefts, hacks and attacks etc. A mistake many people make is storing their assets on exchanges because no exchange can be a secure crypto wallet. As…

Nigeria Emerges As Leading Fintech Hub Across Africa And Middle East. 

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The African Private Equity and Venture Capital Association (AVCA) noted in October that, within the first half of this year, African startups captured $3.5 billion in venture capital investment. The industry group further stated that the funding, raised by 300…

Nestcoin, Nigeria Crypto Start-up Funds Trapped In FTX Exchange Collapse, Announces Job Cuts.

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Nestcoin, Nigerian crypto, NFT and gaming startup revealed on Monday that its operational funds raised from investors were trapped in FTX, Bankman-Fried’s crypto exchange collapse, announcing job cuts to ameliorate the financial challenges facing the startup. The communication from Nestcoin…

Nigerian Federal Govt To Train 30,000 Nigerians On Blockchain.

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Federal government of Nigeria has said it plans to educate over 30,000 people about blockchain technology. The scholarship training, which will be conducted by the National Information Technology Development Agency (NITDA), is intended to hasten the adoption of the tech…

Zimbabwe Set To Launch Digital Currency, Draws On Nigeria Experience On Cryptocurrency Plan.

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The deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed with plans to launch its own digital currency. In addition to sending a team to learn from the Central Bank of Nigeria’s experiences….

Amazon Web Services Opens Office In Nigeria.

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An Information Technology firm, Amazon Web Services, Inc. (AWS) says it has opened its first office in Lagos, Nigeria. AWS, a subsidiary of Amazon, offers website hosting, backup, digital marketing, analytics, application integration, blockchain, networking, and other related services to…

Jack Dorsey Sets Up New Decentralized Social Platform, Bluesky, To Rival Sold Twitter.

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Bluesky, the new decentralized social network platform built by Twitter founder Jack Dorsey, has already received 1000,000 signups over the past 48 hours – and that’s just for its waitlist. The company opened its waitlist on Tuesday and said in…

Nigeria’s CBDC, The eNaira Not Fully Accepted, One Year After Launch.

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Nigeria celebrated the e-naira’s first anniversary on October 25, critics claim that the average Nigerian has not adopted Africa’s first central bank digital currency (CBDC). They point to the e-naira wallet’s relatively low number of downloads as well as the…

Nigeria’s Presidential Candidate Of APC Promises a Review of Blockchain and Crypto Policy If Elected.

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Nigeria’s 2023 Presidential contestant for the ruling party’s APC, Asiwaju Bola Tinubu has promised to set up an advisory committee to review regulations that govern blockchain and virtual asset services if it wins in the upcoming elections. The All Progressives…


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