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

Day: 13 August 2022

Latest Report Suggests 22Million Nigerians Use Bitcoin

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A recent report by Documenting Bitcoin on Twitter suggests that Nigeria is the fourth largest country in the adoption of Bitcoin with over a 22million users. A latest research study new study has rated Nigeria as the country with the…

Central African Republic President Describes Launch Of Crypto, Sango Coin As an Important Milestone.

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Faustin-Archange Touadéra, president of Central African Republic’s (CAR) over the week noted that the launch of the sango coin, as well as the call for the issuance of a common digital currency by a regional central bank, are two critical milestones for his country…

NEAR Web Wallet Halts Email and SMS Wallet Recovery Due to Recent Wallet Hacks

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Due to the recent wallet hacks on other platforms, Near wallet announced today, it will be halting SMS and Email wallet recovery service on it’s platform. “The recent have brought to light potentially serious security issues connected to the use…

“Set Naira Free” Expert Tells CBN, Says Naira Is Overvalued By 200%.

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The Managing Director of Financial Derivatives Company Limited (FDC), Bismarck Rewane in an interview earlier in the week said that the Naira was over-valued by 200 percent. Rewane, who stated this in a programme on Arise TV, said the black…

Tornado Cash Token ( TORN) Tumbles After Developer’s Arrest

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TORN, the token of Tornado Cash, nosedive as much as 24% after a developer for the crypto transaction mixing protocol was arrested in Amsterdam on Friday.  The drop extended the slide begun earlier this week after the US Treasury Department banned US…