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

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Month: November 2021

Solana Price Records 17,000% Increase in 2021, And Still Growing. What to Know About This Ethereum Competitor ?

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Solana is cementing it’s place as one of the most preferred blockchain network giving leading blockchain network platform Ethereum a good run. Solana which native cryptocurrency token is called SOL has skyrocketed in price this year to investors’ delight. Let’s…

Again, CBN Closes Accounts of Nigeria Crypto/Blockchain Company Cryset, 7 Others Over Crypto Trading.

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The Central Bank of Nigeria, on Thursday placed a no debit order on eight business accounts in a circular sent to all Nigerian Banks. The post no debit instruction order contained in the circular was placed on eight accounts for…

Enjin Releases $100 Million To Boost Crypto Metaverse.

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Social gaming platform Enjin has announced $100 million of funding for the Efinity Metaverse. This will support Enjin, Efinity adopters, and third parties in developing a whole host of projects, including integrations, gaming, and decentralized infrastructure, to build out the Efinity Metaverse….

Binance Partners With France For “Objective Moon” in €100 Million Initiative For Crypto/Blockchain Development.

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France FinTech, a leading nonprofit association aimed at promoting FinTech growth in France, and international cryptocurrency giant, Binance, jointly announced the launch of a €100 million ($115.4 million) initiative called “Objective Moon.” Funded by Binance, this initiative will support the development of…

Singapore Interested In Becoming A Multinational Crypto Hub, Monetary Institution Discloses

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Singapore, a country that is already a financial centre in the world, is currently gunning to become a Cryptocurrency hub. The state is seeking to plaster its role as a major player in the crypto space, this is suggested by…

Binance Investigates, Vows To Hunt Down Squid Game Token Scammer(s).

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Cryptocurrency exchange platform, Binance announced that the company is investigating the viral squid game token fraud that scammed victims of their BNB coin deposits with the phony DeFi Squid created on Binance Smart Chain. This was contained in a press…

OKEx Lists ImmutableX Token

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OKEx Announces Listing Support for  Immutable X’s IMX token for spot trading OKEx is pleased to announce the listing of IMX token on our spot trading markets. Trading of IMX will start according to the following schedule: 1. IMX deposits…

Google Calls On African Start-ups To Apply For Virtual Africa Accelerator Programme.

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Google has announced the commencement of applications for its three-month virtual accelerator programme for startups in 17 African countries. The countries include: Algeria, Botswana, Cameroon, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda,…

Microsoft Metaverse ; Mesh Set To Launch.

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Microsoft says it is adding 3D virtual avatars and environments to its Teams chat system, as part of its push towards the “metaverse”. It says its “Mesh” platform will let people meet in the virtual space, with or without a…

eNaira More Reliable Than Cryptocurrencies ; CBN. Asks Nigerians to Trade with the Digital Currency.

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The Central Bank of Nigeria (CBN) has called on all Nigerians to use the eNaria, saying that it is more secure than cryptocurrencies. This was disclosed by CBN spokesman, Nnamdi Okwuosa at the CBN Fair, with the theme, ‘Promoting financial…