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Bitcoin And Cryptocurrency News in Nigeria

CRYPTOCURRENCY NEWS

The Coinmarketcap 2019 Report Shows that Cryptocurrency Exchange Tokens Like Binance Coin (BNB) Outperformed Bitcoin in 2019.

Coinmarketcap 2019 Report Shows Exchange Tokens Like BNB Outperformed Bitcoin in 2019. The new coinmarketcap 2019 report was released by Coinmarketcap, the world top cryptocurrency ranking website on the 9th of January 2020. The report covers different market activities recorded…

Bitsika, the Naira(abcd) Stablecoin Pioneer in Nigeria Records $1million Transaction few months After Launch.

Bitsika, the Naira (ABCD) stablecoin pioneer in Nigeria records $1 million in transaction. This was few weeks after the launch of it’s mobile app, Bitsika on both android and ios. This includes both deposits, withdraws and money transfers on Bitsika…

Final Report of the Fintech Roadmap Accepted by the Nigeria Capital Markets Says Cryptocurrencies is not a Currency But Commodities or Securities. 

This is a breakdown of the Final Report of the Fintech Roadmap Accepted by the Capital Markets community which specifies Cryptocurrencie as Commodities or Securities NOT currency. The report was presented by Fintech Association of Nigeria  to Nigeria’s Securities Exchange…

Cryptocurrency Vloggers on YouTube is Moving to LBRY Following a Ban on Cryptocurrency Tutorial Videos By YouTube.

On Dec 23, thousands of cryptocurrency Vloggers from YouTube, a video streaming platform received an email notifying them of video ban.  Some cryptocurrency vloggers using YouTube to vlog had their cryptocurrency tutorial videos banned earlier this month. A popular cryptocurrency…

FirstRand Bank of South Africa notifies Cryptocurrency trading platforms of eminent withdraw of its banking service. 

FirstRand Bank of South Africa notifies Cryptocurrency trading platforms of eminent withdraw of its banking service.  In a letter, FirstRand Bank said it will stop offering its services to any cryptocurrency exchange like Luno, ICEX and VALR. It will shut…

Bitfxt Coin Lists On Coinmarketcap.com

Bitfxt Coin Lists On Coinmarketcap.com Bitfxt is one of the newly launched exchanges in Nigeria offering various cryptocurrency financial services.  Bitfxt announced via its blog today that it was listed on coinmarketcap. This makes bitfxt that first Nigeria indeginous project…

The Top Five Cryptocurrency Steadily Available For Participating In The Binance Lending Program. 

The Top Five Cryptocurrency Steadily Available For Participating In The Binance Lending Program.  Binance Lending Program was launched in August 2019. The aim was to encourage deposits on binance. The program was launched with BNB, USDT, and ETC. Later on,…

Twitter CEO, Dorsey Says Twitter Will Never Join Libra Launch As It Prefers Using Bitcoin On Its Platform.

Libra Launch As per the twitter thread from Hollywood Editor Alex Weprin. Twitter CEO Dorsey says twitter will and is not planning to join the launch of the Libra cryptocurrency by Facebook.. Twitter CEO Dorsey had reportedly gave a straight…

China’s Digital Currency To Be Transacted Through Physical Contact Against Facebook’s Libra Cryptocurrency.

HuAccording to Shanghai Securities News, Mu recently published details on PBoC’s digital currency – apparently being carried out in a secret office away from the bank’s Beijing headquarters. He described it as a digital currency and electronic payment tool with…