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Bitcoin News in Nigeria

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KoinKoin Announces Full Launch of Digital Assets Exchange Services in Nigeria.

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KoinKoin has announced the full launch of its Digital Assets Exchange services in Nigeria. KoinKoin’s digital asset exchange offers peer to peer exchange services as well as a direct fiat to cryptocurrency exchange.

Stablecoin Tether USDT Shades $2 Billion Dropping Behind XRP as the Fourth Largest Cryptocurrency.

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Tether’s Stablecoin USDT has lost $2 billion dropping from its third place as the third-largest cryptocurrency and is now the third-largest altcoin behind Ripple’s XRP.

Despite the Impact of COVID-19 on the Economy, Cryptocurrency Trading Volumes Still Increasing.

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The cryptocurrency trading volumes on most afric exchanges had recorded new all-time-high despite a severe economic contraction since the global COVID-19 pandemic. 

Popular African Cryptocurrency Exchange, Luno Will Add Litecoin in May.

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Following the announcement from the Luno Exchange blog, the Africa’s unicorn cryptocurrency exchange will be supporting litecoin market for buying and selling in May.

The US Unicorn Crypto Exchange, Coinbase Goes Offline Following the Increase in the Price of Bitcoin.

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It appears that Coinbase goes down usually during high market uptrends, especially with bitcoin. In June 2019, Coinbase’s site and API went down during a nearly $2,000 fall over a 15-minute period. 

Newly Launched WordPress Plugin Allows Anyone to Launch Crypto Exchange Powered by Totle.

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The new totle widget type of wordpress plugin was developed by Alon Goren, Founding Partner at Draper Goren Holm. Following its release on Wednesday, the plugin have garnered a lot of interest from web designers.

Paxful Partners with Chainalysis to Integrate Suspicious Transaction Monitoring Solutions.

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The popular peer-to-peer cryptocurrency trading house in Africa, Paxful has partnered with Chainalysis to control suspicious transaction, fighting too many scam cases recorded at Paxful.  Chainalysis will be implementing two security measures utilizing it’s security service. The primary security measure is…

BREAKING: CBN Devalues Naira to N380/$1 Setting Up a Uniform Exchange Rate.

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Just in, the Central Bank of Nigeria (CBN) technically devalued the Nigerian Naira exchange rate on the Investors and Exporters’ (I&E) window from the N366.7 to N380.20 to a dollar. The CBN also devalued the Nigerian Naira by 15 percent…

Central Bank of Nigeria Moves to Sanction Bad Actors Trying to Devalue Naira at Various Markets; a Call for Cryptocurrency Exchange Operators.

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The Central Bank of Nigeria (CBN) moves to arrest Bureau De Change (BDC) operators over various  violations in the foreign exchange market. Over 100 BDC operators were fined N5 million each for various violations in the foreign exchange market. The…

Binance Nigeria Releases List of Binance Weekly Promo Winners of 55,000 naira and Beyond. 

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Following the binance weekly promo which began from 2020/02/19 at 10:00 AM to end on 2020/03/03.  Binance rewards crypto traders who deposits and trades on binance with up to 55,000 NGN every week.  A total of 30 Binancians will be…