DiutoCoinNews

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

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Month: April 2020

Deepening Financial Inclusion With Affordable Fintech Powered Blockchain PSBs in Nigeria 

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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.

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

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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. 

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

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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. 

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

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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.

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

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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.

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

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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. 

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

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Nigeria Banks is looking to increase earnings following the pressure on banks’ earning due to the unpaid loans owed by independent oil producing firms.

UEMOA Plans to Issue $1.4Billion Coronavirus Bond

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According to reports, the members of the West African monetary union UEMOA have plans to raise 846 billion CFA francs ($1.40 billion).

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

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“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

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

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