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

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Month: November 2021

Omicron Crypto, Similar in Name To Trending COVID-19 Variant Rises To 900% Price.

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Bitcoin, Ethereum and global markets experienced some downward price trend following the emergence of the fast-spreading Omicron COVID-19 variant, but relatively new crypto named Omicron has seen a massive spike. By Monday, the token OMIC surged by 945 per cent…

EFCC Storms Yahoo Boys Award Night, Arrests 60.

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Operatives of the Lagos command of the EFCC have arrested 60 suspected internet fraudsters during an award ceremony at the Conference Hotel in Abeokuta , Ogun state. The event, tagged, ” Peer Youth Award”, investigaton by the agency revealed, was…

Jack Dorsey Resigns From Twitter.

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Jack Dorsey, the cofounder whose public image is synonymous with Twitter, will step down from his role as CEO, effective immediately, the company announced Monday. Dorsey will remain a member of Twitter’s board until at least next year.Parag Agrawal, Twitter’s…

Tanzania To Develope Central Bank Digital Currency CBDC

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The Tanzanian government is making deliberations on how to develop its own cryptocurrency to follow the path of other African countries. According to Bloomberg, the Bank of Tanzania already kicked off with the preparations of a central bank digital currency…

GALA Games Metaverse Price Prediction Projects A 50% Token Price Correction.

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The price of GALA seems to be pulling back from its all-time high as investors takes profit across most cryptocurrency markets. Blockchain-based play-to-earn platform Gala Games (GALA) has been a star performer in November, and the rapid ascent of the GALA token…

Google Cloud Used For Illegal Crypto Mining, Report Shows.

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Online attacks have become extremely prominent, and they include cryptocurrency mining abuse, phishing campaigns, ransomware, and so on. A new cyber security report by Google has revealed some disturbing statistics. The report shows that the most compromised Google Cloud accounts are used…

Metaverse Coin MBOX Announces Token Burn.

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One of the leading metaverse gaming platform Mobox (Mbox) has announced over 170,000 burns of it’s coins on Binance Smart Chain Contract. According to a tweet post the trending metaverse gameFi platform tweeted; #MBOX burn has taken place! We burned…

Popular Chinese Crypto News Site, ChainNews Clamps down.

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ChainNews, one of China’s leading crypto news sites, closed its operations today, co-founder Feng Liu told global crypto news outfit in a Twitter message. Earlier Friday the co-founder announced the closure in his personal WeChat moments, according to a screenshot…

Activation Festival Is Live! Refer Your Friends and Win an iPhone 13, Airpod Pro, Samsung Phones and Dollar.

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Activation Festival Is Live; Refer Your Friends and Win an iPhone 13, Airpod Pro, Samsung Phones and Dollar in BUSD. We are excited to announce our Activation festival this month to YOU! As part of our appreciation to the ever-growing…

Black Friday Sales Woes Crash Crypto Market.

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Bitcoin and cryptocurrencies prices have experienced sharp fall as the discount shopping event Black Friday begins, dropping along with stock markets around the world . The bitcoin price fell to its lowest price since mid-October, down 6% on the last…