DiutoCoinNews

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

Month: May 2022

Bitcoin P2P Records 25% Surge In Nigeria As Naira Free Fall Continues.

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Recent bi annual report shows that Nigeria’s peer-to-peer transactions increased by 25%, Nigeria now has $219 million in P2P volumes on two major P2P according to 2 crypto exchange platform surveyed, followed by Kenya with $92 million and Ghana with…

Shiba Inu Founder Deletes Social Media/ Internet Presence.

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The founder of Shiba Inu, Ryoshi has scrubbed off all his previous tweets, as his tweeter handle has no post, he has also deleted all Shiba Inu blogs including the first one- ‘All Hail the Shiba’. All the four SHIB blogs have…

Bitcoin Made Millionaires Drops By 20% According To Research Report.

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Data acquired by Finbold indicates that as of May 28, 202, the number of addresses with a BTC balance of more than $1m has dropped by 20%, as a direct result of the downward pressure that has been witnessed in…

Man Commits Suicide After Loss Of NT$60 Million From Luna Crypto Crash

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The first confirmed suicide due to $LUNA / $UST collapse is a Taiwanese man who jumped from the 13th floor to his death last week after his $2m in LUNA turned into $1K. At 2 a.m. on Tuesday in Taichung’s…

Elon Musk’s Starlink Super-Speed Satellite Internet Receives License In Nigeria, Mozambique.

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World richest man Elon Musk’s Starlink high speed internet has received license from Nigeria Communication Commissions to operate in Nigeria, Elon Musk shared the news in his tweet post on Friday. Nigeria and Mozambique are the first two countries in…

Central Africa Republic Crypto Hub Won’t Receive World Bank Support.

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The World Bank has expressed its concerns over the Central African Republic (CAR) adopting Bitcoin (BTC) as a legal currency noting that it won’t back the newly announced “Sango” crypto hub. At the end of April, CAR president Faustin-Archange Touadéra…

Old Fashion Research Launches $100m Crypto Fund for African and Latin America Crypto Projects.

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Old Fashion Research (OFR) a group of former executives from Binance has created a $100 million Venture Fund to fund crypto projects in Africa and Latin America with Metaverse Magna spearheading it’s Africa’s project. The group’s name, derived from the classic…

CBN Open Banking Guidelines To Allow Banks Share Customers Data With Retailers.

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Recently, the Central Bank of Nigeria (CBN) published proposed guidelines that would introduce an ‘open banking’ era in Nigeria, a map that defines rules on how companies exchange digital financial data belonging to consumers. Open banking, is the he use…

Ghana’s eCedi CBDC Available Online For Vodafone Cash users, CalBank and IT Consortium Customers.

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Bank of Ghana BOG has revealed that the chance to test the online version of the eCedi is restricted to Vodafone Cash users, customers of CalBank and IT Consortium in Accra and Tarkwa in the Western Region. This was contained…

Nigeria To Develop the Official Platform For Commercialization of Intellectual Property Rights on Algorand

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Koibanx global blockchain company announced on Tuesday during Twitter Spaces session it co-hosted with Fred Estante that the federal government has entered a three-year exclusive IPR (intellectual property right) agreement with Developing Africa Group to launch a national wallet for…