DiutoCoinNews

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

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24-Year-Old Australian Crypto Fraudster Sentenced To Prison for Stealing $90 Million Through A Ponzi Scheme

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An Australian, Stefan Qin has been sentenced to seven and a half years in prison for conducting two illegal cryptocurrency funds and tricked investors to invest in the projects reading to millions of Dollars. The 24 years old will be…

Nigerian Transportation Company GIGM Plunges Into Cryptocurrency

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First-class Leading transportation and logistics company in Nigeria God is Good Motors (GIGM) is set to enter the blockchain and cryptocurrency industry. The transportation company has been in operation in Nigeria since 1998 and has built a network across the…

The United Nations (UN), IMF, And The World Bank Launches A Digital Currency Challenge to Enhance World Financial Structure

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The United Nations has unveiled The global CBDC Challenge for central bank digital currencies (CBDC). The CBDC challenge strives for innovative solutions to improve payment inefficiency and grow crucial financial inclusion.  The Monetary Authority of Singapore, in collaboration with the…

Nigerian Secondary School To Accept Crypto Payments Despite Central Bank Cryptocurrency Ban

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In February, the Central Bank of Nigeria announced in a circular that it had banned financial institutions in the country from providing services to crypto exchanges. Though the policy warned of “severe regulatory sanctions” for any bank that failed to…

Most Expensive Doge Meme Sold For $4 Million As A Non-Fungible Token On Zora Marketplace

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Last week, Atsuko Sato the kindergarten teacher behind the arrival of Doge into the internet, announced that the iconic photo of her female Shiba Inu dog would be auctioned as an NFT, and all proceeds would go to charity. The…

Most Expensive Doge Meme Sold For $4 Million As A Non-Fungible Token On Zora Marketplace

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Last week, Atsuko Sato the kindergarten teacher behind the arrival of Doge into the internet, announced that the iconic photo of her female Shiba Inu dog would be auctioned as an NFT, and all proceeds would go to charity. The…

Central Bank of Nigeria (CBN) To Launch A Digital Currency Before The End of the Year 2021

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The Director, Information Technology Department, Central Bank of Nigeria (CBN), Mrs. Rakiyat Mohammed, revealed in a virtual briefing at the banker’s committee meeting yesterday, that the CBN will be launching a Central Bank Digital Currency (CBDC) before the end of…

Government Of India Reportedly Discards Bitcoin Ban Agenda

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According to a report by The New Indian Express on Thursday, the government’s opposing stance toward Bitcoin (BTC) appears to be shifting toward more acceptable regulatory policies for cryptocurrencies. According to inside sources quoted by the publication, authorities have dropped…

Bitcoin Becomes Legal Tender In El Salvador As Congress Approve Bill

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El Salvador’s president Nayib Bukele’s bill to make Bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress today.  The bill introduced by the president of El Salvador to make Bitcoin (BTC) legal tender…

Miami Pharmacy Accepts Bitcoin For COVID-19 Tests For 2021 Miami Conference Attendees

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A renowned Pharmacy noticed as Progressive Care announced that it would accept Bitcoin from Bitcoin traders for COVID tests on the opening day of Miami’s Bitcoin conference in 2021 Miami healthcare company Progressive Care, which provides rapid COVID-19 tests to…