DiutoCoinNews

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

NEWS

Bank Of International Settlement to Launch Crypto Market Intelligence Platform.

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The Bank for International Settlements (BIS) Innovation Hub announced earlier in the week a new set of projects across its various centres, updating its 2022 work programme, they include; Eurosystem Centre and the first comprehensive explorations in cyber security. Morocco,…

Nigeria Bitcoin Transactions Doubled In May

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A cryptocurrency trading platform, paxful has reported a surge in weekly transactions on its Lightning Network, noting that the deposit volume increased by 54 per cent in April. This is despite the Central Bank of Nigeria’s restrictions on cryptocurrency transactions…

South Africa’s Adult Investment In Crypto Stands At 22%

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A new research report shows that about 22 per cent of adults in South Africa are cryptocurrency investors according to a study by Kucoin. This translates to 7.6 million people aged between 18 and 60. The study also found that 65…

List Of Best 9 Website To Learn Web Development.

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Are web developers in high demand? Yes. The BLS projects 8% growth for web development jobs between 2019-2029, double the national average for all occupations. You can go from no-code to an in-demand web developer. Web development is the process of building…

Bitcoin Crashes Below $20k, As Elon Musk Faces $258 Billion Lawsuit Over Dogecoin Racketeering.

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For the first time since December 2020, the price of bitcoin BTC traded below $20,000 on Binance, the crash follows speculative rumours on the crypto market, as Elon Musk, Bitcoin biggest influencer is sued for over $200 billion for Dogecoin…

Kenya Arrests Gang Of Student Hackers Buying Bitcoin With Stolen Money.

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Today, the Kenya’s Directorate of Criminal Investigation (DCI) has arrested a gang of Kenyan students who specializes in hacking foreigners’ email credit cards through email phishing. The students create fake emails to steal the passwords and credit card information of…

Nigeria and Kenya Central Banks Condemns Crypto, Promotes Central Bank Digital Currencies.

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Top Central Bank executives from Nigerian and Kenyan central said that cryptocurrencies are too volatile to become an acceptable payment method, insisting that cryptocurrencies pose a risk to financial stability. The bankers namely, Kingsley Obiora, the deputy governor of the…

South African Radio OAP Accused of Bitcoin Fraud Threatens Legal Action.

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Sebasa Mogale, the South African Thobela FM presenter accused of swindling investors through his bitcoin investment scheme, has threatened to take legal action against individuals filing fraud claims against him with law enforcement. According to the radio presenter’s legal representative,…

Binance Announces 2000 Job Openings As Coinbase, Others Sack Workers.

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Changpeng Zhao, the CEO of the world’s largest cryptocurrency exchange, Binance, said within the week that the company would be doubling it’s hiring plans despite the “crypto winter”. “We have a very healthy war chest; we, in fact, are expanding hiring right now….

Nigeria To Regulate Twitter, Facebook, WhatsApp, Instagram, Google, and TikTok.

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Following the lifting of Twitter ban, the Nigerian government earlier in the week, announced what it called, “codes of practice” to regulate social media platforms through Nigeria Information Technology Development Agency (NITDA). According to NITDA, the draft was developed in…