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

Month: September 2021

Bitcoin Whale Alert: 5000 BTC Moved From Xapo to Binance.

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According to Whale Alert, one of the leading blockchain tracking and crypto analytics platforms, a leading Bitcoin wallet transferred 5,000 BTC from Xapo to Binance on 29 September at 19:56 UTC. The total value of the transaction currently stands at near $206 million. In…

Crypto and Forex Investment Company; Headway Trade Patterns Run With Investors Billions in Lagos.

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A forex and cryptocurrency trading company, registered as Headway Trade Patterns Nig. Ltd., has made away with investors funds amounting to billions of Naira in a typical “return on investment” scam. Investigaton shows that four management members of staff of…

Bidesk Exchange Informs Users Of Permanent Shutdown

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British Virgin Islands-based crypto exchange Bidesk has informed users that it is shutting down trading activities permanently. This announcement was released by the company on its official Twitter handle. However, the shutdown will take place in phases, Bidesk revealed. Citing…

OKEx Lists Celestial’s Native Asset, CELT, for Spot Trading

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OKEx has opened trading for CELT following the announcement of CELT — the native asset of Celestial — on OKEx spot trading markets. Trading of CELT will start according to the following schedule: 1. CELT deposits open at 9:00 am UTC on…

Company Sues CBN For ENaira Trademark Infringement.

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The name of the soon to be launched central bank of Nigeria’s digital currency, eNaira is under contest by a company claiming registered trademark for the name of the digital currency. A cease and desist letter was served to the…

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…

Warning ! Safepal Wallet Firefox add-ons Can Steal Your Cryptocurrencies.

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A SafePal user has revealed an online fraud that involved Safepal Wallet Firefox add-on, which reportedly stole her cryptocurrency. A malicious Firefox add-on named “Safepal Wallet” managed to stay listed on the official Mozilla add-ons website for months, scamming users…

University Professor In South Africa Encourages The Government To Accept Cryptocurrencies.

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A University of Johannesburg professor, Rabelani Dagada has enjoined the South African government to take a final stance on cryptocurrencies if it intends to remain relevant digitally. In his words, professor Dagada stated that the country has to ‘finalize its…

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…

eNaira, Nigeria’s Digital Currency Website Goes Live. Over 1 Million Visits Recorded. Launch Date Rescheduled.

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The official platform of the soon to be launched Central Bank of Nigeria’s (CBN) digital currency, the eNaira, has been hosted live, a week to the planned launch of the Central Bank Digital Currency (CBDC). The website has already recorded…

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