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

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Crypto Influencer Promoting Rug Projects Busted.

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Popular crypto Influencer, Lark Davis with verified Twitter account: @thecryptolark has been exposed for promoting low cap projects to his over one million followers so as to dump his token quota on them shortly after. Zach XBT, a self professed…

Fractional NFT Explained: What is Fractional NFT and How it Works

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A Fractional NFT is a whole NFT divided into smaller pieces. Fractional NFTs help to increase inclusion, democratization and participation in the NFT and Crypto space.  It makes NFT ownership accessible to more people. Fractional NFTs can enhance market liquidity,…

The First Open Auction of .ton TNS Domain Name Goes Live on 30th July.

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TON domain name TNS (TON Name Service) will go live on dns.ton.org on 30th July. Telegram Open Network (TON) ecosystem’s major goal is to make the TON ecosystem as user-friendly as possible. With the .ton decentralized domains, you will not…

Decentralized Betting Platform BetDemand Rebrands To Stakefair With $670k Fundraise

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Stakefair ) formerly BetDemand) announces $670,000 pre-seed funding to expand beyond DeFi gaming, after undergoing beta testing as BetDemand for 6 months, the rebranded name, Stakefair is now launched to incorporate new arms of the expansion The funds are being…

African DeFi Treasury In Rwanda Wasoko, Secures $125 Million Funding.

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Wasoko, formerly Sokowatch, has raised $125 million in a series-B funding round that reportedly values the last-mile distribution and logistics African company at $625 million. Wasoko allows retailers from Kenya, Tanzania, Rwanda, Uganda, Ivory Coast, and Senegal to order products…

Futures Trading on DEX: PancakeSwap Opens Perpetual Trading Features 

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PancakeSwap, the largest decentralised trading platform on Binance Chain (BNB Chain) announced the launch of its new feature on its decentralised (dex) trading platform. PancakeSwap perpetual trading features was launched in partnership with ApolloX, a dex perpetual service provider. Traders…

A Dual Investment Guide – How to Invest in Crypto, the Pros and Cons

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If you’ve been exploring the crypto world for a while, you already know that crypto assets are extremely volatile.  And it is extreme since some crypto coins experience swings ranging in multiple percentage points. And no matter how fruitful it…

How to Spot a Scam in DeFi and Tips to DYOR Before Investing in DeFi

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Introduction  With the increasing interest and fascination with financial innovations made possible by DeFi, scammers are finding more ways and loopholes to take advantage of them and defraud innocent investors.   In 2021 alone, cryptocurrency scams and theft in the…

Togo Leads Africa In 2021 Global DeFi Adoption.

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Togo is the only country ranked in the top 20 on Chainalysis upcoming DeFi Adoption Index. This is an impressive performance for the West African Nation of just 8 million people after it was ranked 3rd in Africa and 9th…

US SEC Investigates Crypto Exchange Developer, Uniswap Lab

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The U.S. Securities and Exchange Commission (SEC) is investigating Uniswap Labs, the main developer behind one of the world’s largest cryptocurrency exchanges, Uniswap, the Wall Street Journal reported the past week, citing people familiar with the matter. Enforcement attorneys are looking…


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