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

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Social Payment Company Kurepay Restricts Operations In Nigeria

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Since the ban on cryptocurrency transactions by the Central Bank of Nigeria (CBN) and the strict regulation sent to the banking and monetary sector in February 2021, various financial firms like Kurepay has restricted their operations in Nigeria. Tech firms…

Wakanda Inu Listed On Quidax, Roqqu and Other Top Exchanges

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The growth of the African dog token, Wakanda Inu, has been massive in recent days after its launch. Despite heavy criticisms from several Nigerian cryptocurrency community members the minds behind the project are following through with the roadmap. Wakanda Inu,…

South African Forex Trader Accused of Fraud Succumbs To Arrest Warrant.

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South African forex trader Sandile Shezi, who is still at large for allegations bordering on fraud, has agreed to turn himself over to police authorities in the region.  This comes on the heels of an arrest warrant that was issued…

Michael Saylor Suggests That Nigeria And Zimbabwe Use Bitcoin To Strengthen Economy

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The CEO of MicroStrategy Michael Saylor has advised that Nigeria and Zimbabwe solve their economic issues by using Bitcoin backed currencies. He indicated that with the usage of Bitcoin standard, starvation could be a thing of the past and this…

Mexican Medical Company Uses Blockchain Technology To Verify Covid-19 Test Results

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Mexico medical company (MDS) will start using blockchain technology for the verification of the originality of its coronavirus test results. This is to ensure that there is no fake information in the medical history and also to protect patients medical…

Coinbase Promises To Refund Lost Funds to Victims of Phishing Attack

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Leading cryptocurrency exchange in the US, Coinbase has been the subject of several security breaches this year. In the latest breach, about 6000 users of the crypto exchange appear to have lost funds following the exploit, Coinbase reported in a…

The Government Of China Blocks Coingecko And Coinmarketcap Through China’s Internet Firewall

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The two most popular Crypto market data providing companies have been blocked by the government of China from providing market analysis to the citizens following the recent ban from China for the 100th time. The Chinese government evaluated the access…

Crypto To The Rescue: Cryptocurrency Donations Help Fight Starvation In Yemen

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Middle Eastern country Yemen has been overrun by a civil war since 2014 leaving 16 million people including 400,000 children under the age of five in starvation and lack of other supplies. However, crypto donations are already being used to…

Zimbocash: Crypto Solution For Zimbabwe’s Economic Challenges?

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Southern African country, Zimbabwe has always been in bad crises economically. More often than not, Zimbabwe’s currency decline and hyperinflation are cited during conversations as an example of how worse the legacy financial system could get. Hence, this has highlighted…

Drop In Remittances to Africa Caused By Pandemic and Others

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Remittances to Africa are likely to drop by 5.4%, findings from the 2021 report of Continental Migration have revealed. As of 2020, total remittances in the continent amounted to $44 billion. However, based on the report’s findings, a drop to…