MasterCard Survey Reveals an Additional Increase in the Percentage of Cryptocurrency Adoption in Africa.
A new report by payments giant, MasterCard, has shown huge growth in cryptocurrency awareness with 67% of Millenials consenting to their use of cryptocurrency across Africa over the past year. The MasterCard team in partnership with The Harris poll researched…
Hotbit Exchange shuts down for Two weeks over an attempted cyber-attack.
Cryptocurrency exchange Hotbit has shut down all of its services after an attempted cyberattack on Thursday, 29 April 2021 According to the Hotbit announcement on telegram, The hackers were reportedly unsuccessful in gaining access to Hotbits’ wallets but did manage…
Binance Backed Xend (DeFi) And Binance Smart Chain-Built Company Launches Out of Africa
Backed By Binance And Google Launchpad, Xend Finance Is The World’s First DeFi Credit Union and Cooperative Platform Targeting Users In Underserved Regions MARCH 22, 2021, Enugu, Nigeria — Xend Finance, the first decentralized finance (DeFi) platform for credit unions…
The Government of India Stresses More on Crypto Ban
The government of India has been uncertain about how to identify with the mass adoption of blockchain and cryptocurrencies around the world when it comes to cryptocurrencies. The Indian government has since 2018, been skeptical about deciding to ban cryptocurrency…
Crypto is Currently the Top Trending Topic on Twitter Nigeria With Over 239K Tweets
Crypto is currently the number one trending topic in Nigeria with over 239k tweets. This current hot topic is tied with the misunderstanding between Femco and the public. The Feminist Coalition Group (Femco) explained that the group had an unconfirmed…
Twitter CEO Jack Dorsey Intends to Convert His NFT Proceeds to Bitcoin and Donate the Sale to Charity
Twitter CEO Jack Dorsey has revealed that his NFT sale will be given to charity. He disclosed on Twitter on Tuesday 10th march. On the 6th of March, @Jack offered to sell the first-ever published tweet as a non-fungible token…
Former Senator of Nigeria, Shehu Sani Bets on Crypto Replacing Traditional Banks
Shehu Sani, a former senator who represented Kaduna Central senatorial district in the National assembly took to his Twitter to share his opinion about cryptocurrencies. He argues that in months to come crypto would take over the future of financial…
MicroStrategy Acquires Additional 19,452 Bitcoins for $1.026 Billion
In its latest buying round, the business intelligence firm has acquired additional 19,452 Bitcoins valued at about $1.026 billion. The 19,452 Bitcoin was bought for approximately $52,765 per Bitcoin. MicroStrategy has accumulated over 90,531 Bitcoin at press time. With the…
Kuda Bank Hits 1 Million Android App Downloads
Kuda bank is the first African digital bank Created by Nigeria, it is celebrating a milestone that its android app has as of 20th Feb recorded over a million downloads of the app. It took to its official Twitter handle…
Nigeria Tops Statista Chart on Countries with the Most Cryptocurrency Owners and Users
Nigeria as Giant Of Africa is quickly aiming to claim a new title “Giant of Crypto”. In 2020, Nigeria became the world’s second-largest Bitcoin market after the United States. It also registered over 10,000 New Students in the Crypto Ecosystem….