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


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…

Metaverse Projects and Blockchain Games Raised Combined $1.3 Billion in Q3 2022: DappRadar Reports.

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Funding through Venture financing for blockchain industry remained viable in the third quarter, even as bearish situations ravaged digital asset markets, a sign that venture capital firms were focused more on the long-term value proposition of the sector. Blockchain games…

Nigerian Blockchain Payments Fintech Start-up Bitmama Raises $2M Pre-seed Funding For Expansion.

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Blockchain based payment services company, Bitmama has raised a pre-seed extension of $1.65 million, adding to the $350,000 it received last October, thus, closing the round at $2 million. Africa-focused venture capital firms Unicorn Growth Capital and Launch Africa led the investment…

Africa’s Biggest Gaming Social Community About To Launch, As Metaverse Magna Raises $3.2 Million .

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Metaverse Magna (MVM), a blockchain gaming platform, has raised a $3.2 million seed sale token round to expand its efforts to build Africa’s largest gaming DAO and provide gamers with access to world-class opportunities. The second venture to be publicly announced…

Cyber Attacks: Crypto Ecosystem Loses $44 Billion So Far.

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International leader in cyber technology protection, Acronis, has disclosed that about $44bn has been lost to cyber attacks on cryptocurrency, particularly decentralised finance, between June 2021 and June 2022. This was disclosed in a press release on its website announcing…

Kenyan 2022 Election Voting System Replicates Bitcoin Blockchain.

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Kenyans held national elections on Tuesday, August 9, 2022, and the voting system closely mirrored the BitcoinBTC blockchain. African governments have traditionally conducted chaotic elections rife with gross misconduct and outright vote rigging. The election, however, was the most transparent system…

Solana Wallet Exploit On-going, Users Advised to Move Funds to FTX.

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Top Competing Layer-1 Blockchain Solana has been facing a major exploit on its platform as per the latest reports. The Solana Blockchain which has been in beta is now being faced with an exploit. As per details, thousands of Phantom…

Interest In Web 3 Careers Are Growing: New Report Examines Potential And Work Flexibility.

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Latest survey research from crypto exchange KuCoin has revealed that Web3 fans who have not worked in the industry are very eager to explore opportunities in the blockchain space. The participants noted that the industry’s appeal includes flexibility, growth opportunities…

Meta History Museum Releases New NFT As It Raised Over $1 Million Using Social Blockchain Tech.

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Using revolutionary social blockchain technology, META HISTORY project team created Ukraine’s first NFT war museum one month after Russia’s full-scale invasion. Since then they have managed to raise $1,290,398 (803.28 ETH) for the Aid For Ukraine crypto fund, created by the…

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