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Month: April 2020

diutocoinnews Home / Archives for April 2020
Deepening Financial Inclusion With Affordable Fintech Powered Blockchain PSBs in Nigeria 
Posted inFeatures NEWS

Deepening Financial Inclusion With Affordable Fintech Powered Blockchain PSBs in Nigeria 

Posted by By Tony Chimdiuto 30/04/2020
According to a new report released by Enhancing Financial Innovation and Access (EFInA), more Nigerians are embracing financial services, with positive impact on lending and the economy.
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The US Unicorn Crypto Exchange, Coinbase Goes Offline Following the Increase in the Price of  Bitcoin.
Posted inNEWS

The US Unicorn Crypto Exchange, Coinbase Goes Offline Following the Increase in the Price of Bitcoin.

Posted by By Tony Chimdiuto 29/04/2020
It appears that Coinbase goes down usually during high market uptrends, especially with bitcoin. In June 2019, Coinbase's site and API went down during a nearly $2,000 fall over a 15-minute period. 
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Blockchain Will Help Nigeria to Achieve Financial Inclusion Through Mobile Money Services.
Posted inFeatures NEWS

Blockchain Will Help Nigeria to Achieve Financial Inclusion Through Mobile Money Services.

Posted by By Tony Chimdiuto 28/04/2020
Coming to Nigeria, the story is not the same. The first mobile money service in Nigeria dates back to 2009. Since then, a dozen new mobile money service providers have emerged with Paga currently, topping the list. 
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Introducing Binance Pool: A New Way of Staking and Mining Bitcoin Using Your Binance Account
Posted inBitcoin NEWS

Introducing Binance Pool: A New Way of Staking and Mining Bitcoin Using Your Binance Account

Posted by By Tony Chimdiuto 27/04/2020
Binance Pool opens services today. Binance Pool is launching with a bitcoin mining solution plus a special offer of zero-fee starting rate for Bitcoin miners for the first month.
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South Africa Post Office (Sapo) Plans to Rollout 10,000 Cashless ATMs Until the Next Four Months.
Posted inNEWS

South Africa Post Office (Sapo) Plans to Rollout 10,000 Cashless ATMs Until the Next Four Months.

Posted by By Tony Chimdiuto 27/04/2020
With the current wave of new means to access funds, and the steady enforcement on cashless policies. The South African Post Office announced plans to rollout cashless ATMs in four months time.
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Following the Increase in Ethereum Powered Ponzi Schemes, Nigeria Leads the Google Search Trends Data for the Word Ethereum in Africa.
Posted inNEWS

Following the Increase in Ethereum Powered Ponzi Schemes, Nigeria Leads the Google Search Trends Data for the Word Ethereum in Africa.

Posted by By Tony Chimdiuto 26/04/2020
According to the global most recent data from Google Trends Search for the word ‘Ethereum’, in 2020. Nigeria ranks third in the global ranking and first in Africa. 
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Banking Crisis: Nigeria Banks Looking to Increase Earnings From Fintech Following the Increase in Debt Owed by Independent Oil Producing Firms.
Posted inNEWS

Banking Crisis: Nigeria Banks Looking to Increase Earnings From Fintech Following the Increase in Debt Owed by Independent Oil Producing Firms.

Posted by By Tony Chimdiuto 26/04/2020
Nigeria Banks is looking to increase earnings following the pressure on banks' earning due to the unpaid loans owed by independent oil producing firms.
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UEMOA Plans to Issue $1.4Billion Coronavirus Bond
Posted inNEWS

UEMOA Plans to Issue $1.4Billion Coronavirus Bond

Posted by By Tony Chimdiuto 26/04/2020
According to reports, the members of the West African monetary union UEMOA have plans to raise 846 billion CFA francs ($1.40 billion).
Read More
Crypto Friendly Economist, Prof Charles Soludo on How Nigeria and Africa Can Save the Economy During COVID-19
Posted inNEWS

Crypto Friendly Economist, Prof Charles Soludo on How Nigeria and Africa Can Save the Economy During COVID-19

Posted by By Tony Chimdiuto 25/04/2020
“We should think African but act locally and opportunistically to survive and prosper, and exploit the global opportunities offered by the crises.” — Dr. Charles Chukwuma Soludo
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Paylot, African’s Focused Crypto Payment Gateway Service Provider Integrates BNB and BUSD for Merchants.
Posted inNEWS Sponsored

Paylot, African’s Focused Crypto Payment Gateway Service Provider Integrates BNB and BUSD for Merchants.

Posted by By Tony Chimdiuto 24/04/2020
Paylot, African's Focused Crypto Payment Gateway Service Provider Integrates BNB and BUSD for Merchants.
Read More
World Bank: Remittance to Nigeria and Other Low and Middle-income Countries to Drop by 19.7 Percent. 
Posted inNEWS

World Bank: Remittance to Nigeria and Other Low and Middle-income Countries to Drop by 19.7 Percent. 

Posted by By Tony Chimdiuto 24/04/2020
World Bank projects the remittances to Nigeria, Egypt, Senegal and other Low and Middle-income Countries (LMICs) to drop sharply by 19.7% to $445 billion in 2020. 
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Federal Government of Nigeria Begins Disbursement of Stimulus Package Using Banks, But Crypto not Welcome.
Posted inNEWS

Federal Government of Nigeria Begins Disbursement of Stimulus Package Using Banks, But Crypto not Welcome.

Posted by By Tony Chimdiuto 24/04/2020
Following the plans by the government to distribute stimulus package to support businesses, the sharing of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility have started.
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Ponzi Schemes: Cryptocurrency Wallet Users Increase in Nigeria Following the Increase in Pyramid Schemes Like Million Money Investment.
Posted inCyber Security NEWS

Ponzi Schemes: Cryptocurrency Wallet Users Increase in Nigeria Following the Increase in Pyramid Schemes Like Million Money Investment.

Posted by By Tony Chimdiuto 23/04/2020
Results show that a good number of Nigerians opened new Cryptocurrency Wallets in other to invest in ponzi schemes and other money doubling schemes. 
Read More
Newly Launched WordPress Plugin Allows Anyone to Launch Crypto Exchange Powered by Totle.
Posted inNEWS

Newly Launched WordPress Plugin Allows Anyone to Launch Crypto Exchange Powered by Totle.

Posted by By Tony Chimdiuto 23/04/2020
The new totle widget type of wordpress plugin was developed by Alon Goren, Founding Partner at Draper Goren Holm. Following its release on Wednesday, the plugin have garnered a lot of interest from web designers.
Read More
Bitcoin ATM in Africa (Full List): South Africa Records Highest Number of Bitcoin Teller Machine Followed By Ghana.
Posted inNEWS

Bitcoin ATM in Africa (Full List): South Africa Records Highest Number of Bitcoin Teller Machine Followed By Ghana.

Posted by By Tony Chimdiuto 22/04/2020
Since after the launch of the first bitcoin ATM in Nigeria, the number of bitcoin ATM in Africa and beyond have significantly increased. We have a total of more than 7,600 Bitcoin ATMs throughout the world.
Read More
Blockchain4Covid19: A Cryptocurrency Aid Charity Program Launches to Combat COVID-19.
Posted inFeatures

Blockchain4Covid19: A Cryptocurrency Aid Charity Program Launches to Combat COVID-19.

Posted by By Tony Chimdiuto 21/04/2020
Humanity is facing a great problem during this period, a threat that does not discriminate by race, academic and political background. Blockchain4Covid19 is out to help combat the coronavirus pandemic
Read More
Experts Want Paystack to Use Blockchain in Keeping Transaction Records Following the Launch of Paystack’s “Transaction Lookup.”
Posted inNEWS

Experts Want Paystack to Use Blockchain in Keeping Transaction Records Following the Launch of Paystack’s “Transaction Lookup.”

Posted by By Tony Chimdiuto 21/04/2020
Paystack is one of the top payment processors in Nigeria with over 10 million unique transactions each month for over 60,000 businesses including Branch, Palmcredit, and MTN. 
Read More
South Africa Releases 30 Recommendations for Cryptocurrency Regulations in Compliance With FAFT Standards.
Posted inNEWS

South Africa Releases 30 Recommendations for Cryptocurrency Regulations in Compliance With FAFT Standards.

Posted by By Tony Chimdiuto 21/04/2020
South Africa’s top financial regulators and the country's apex bank—South African Reserve Bank, have collectively issued a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. 
Read More
China to Form National Blockchain Committee With Tencent, Huawei, Baidu and Others.
Posted inNEWS

China to Form National Blockchain Committee With Tencent, Huawei, Baidu and Others.

Posted by By Tony Chimdiuto 19/04/2020
China is looking to take over the blockchain space while the other world powers are still trying to recover from the adverse effects of COVID-19 pandemic. 
Read More
Top Nigerian Banks Looking to Take Over the Fintech and Digital Currency and Payment Space in Nigeria
Posted inFeatures NEWS

Top Nigerian Banks Looking to Take Over the Fintech and Digital Currency and Payment Space in Nigeria

Posted by By Tony Chimdiuto 18/04/2020
While many fintech startups are emerging in Nigeria, banks and financial institutions are re-positioning to maintain their stronghold. Moreso, crypto companies are emerging to provide user-friendly products to their customers.
Read More

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