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

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Month: July 2021

Ghana Vice President Calls on African Nations to Embrace Digital Currency.

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The vice president of Ghana, Dr Mahamudu Bawumia has called on African Nations yet to embrace digital currency to adopt the emerging technology to meet up with dynamism of the present age in financial ecosystem. He made this known during…

How to Earn Free Crypto.

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There is nothing as sweet as free money. The joy is like a miracle. Consumers enjoy freebies in different forms, Card discounts to encourage use of card payments, Code discounts for online shopping ( in some cases there are promo…

Tanzania’s President Urges The Country’s Central Bank To Prepare For Aggressive Crypto Adoption

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Tanzania Should Also Strive for Crypto Adoption, the President of Tanzania, Samia Suluhu Hassan recently shared the need for cryptocurrency adoption in the nation. She reminded the Central blank that the East African region, where the country is located, has…

CBN Directs Banks To Create Mobile App For Foreign Exchange Services

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The Central Bank of Nigeria has directed that commercial banks create mobile applications and alert techniques to inform customers of their foreign exchange services. This follows the CBN’s ban on sales of forex to Bureau de Change operators and directive…

Coca-Cola To Launch Friendship Day NFT Collections

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In celebration of International Friendship Day on July 30, Global beverage brand Coca-Cola will auction NFT boxes on the OpenSea network. It contains Tafi-designed digital apparel that can be worn in the virtual Decentraland metaverse. “We are excited to share…

Polygon Network ($MATIC) Added to Trust Wallet 

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Polygon (MATIC), one of the fastest-growing Layer 2 protocols that have been making waves for its minimal gas fees, has been added to Trust Wallet.   The integration of Polygon on Trust Wallet comes after the voting was done by the…

Italian Football Club Inter Milan Concludes Plan to Launch Digital Currency $Inter.

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Welcomes New Sponsorship Crypto Giant Socio. Italian tire company Pirelli loses Inter Milan near three decade famous Nerazzurri ( black and white ) kit. The lastest sponsors , Socio paid twice Pirelli’s offer. Socio is a cryptocurrency company with focus…

Massive Shift to USD(X) Stablecoin Expected as CBN Stops the Sell of FX to BDC Operators

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Massive Shift to USD(X) Stablecoin BDC Expected. Central Bank of Nigeria’s governor , Godwin Emefiele has announced the placement of embargo on the weekly sale of foreign exchange to Bureau De Change operators. CBN made this known on Tuesday while…

Crypto Social Platform Reddit Deploys Layer-2 Solution Directed At Lifting Ethereum-Based Community Points

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Social media platform Reddit announced it would be using scaling solution Arbitrum to handle scaling its Ethereum-based Community Points system. In a Thursday announcement, the Reddit administrator said the platform had launched its layer-2 rollup using Arbitrum technology for its…

Kenyan Farmers Use Cryptocurrency.

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In what is termed Community Inclusion Currency CIC, Kenyan farmers are selling their produce, purchasing fertilisers and farming inputs with cryptocurrency designed for their community. An American economist, Will Ruddick, introduced blockchain technology for low income urban customers and has…