Blockchain + Nigeria: Exploring the Blue Ocean of Digital Economy with CoinEx in CLAP23
Africa, a continent known for its diversity, boasts a profound history and colorful culture, but it faces many challenges in economic development. Fortunately, the rapid advancement of blockchain technology has put forward feasible solutions to deep-rooted and complex problems frustrating…
Crypto Market Rate Update Thursday, 27th April, 2023: Naira to USD (USDT).
Opening prices for Thursday, 27th April, 2023, updated rates on USD – USDT and other most popular cryptocurrencies on DiutoCoinNews. Quotations are expressed in Naira. Look for the virtual currency of your choice and check its average rate, market value…
Naira Scarcity : Nigerians Adopt Fintech Virtual Bank As Commercial Banks Apps, USSD Breakdown.
As the end of the Naira scarcity is nowhere in sight and following the breakdown of commercial banks mobile apps and USSD codes, Nigerians are switching to virtual fintech banks which provide swift transactions. Virtual banks like Opay Palmplay ,…
Nigeria Crypto Traders Lost Huge Sums As Impact Of USDC’s $3.3 Billion Trapped In The Collapsed Silicon Valley Bank Depegs the Stablecoin.
Stablecoin cryptocurrency firm Circle has $3.3 billion of its $40 billion of USD Coin deposit reserve at the collapsed lender Silicon Valley Bank, the company announced today. . The stablecoin company’s announcement comes after startup-focused SVB collapsed on Friday in…
Bitcoin, Ethereum Drops Amid Crypto Bank, Silvergate Collapse.
Bitcoin and other major cryptocurrencies dropped, sending Bitcy below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of “crypto-bank” Silvergate. The price of BTC dipped to…
Nigeria In 5th Position Among Countries With High Interest In Crypto.
A new study from cryptocurrency betting experts cryptobetting.org showed that Nigerians have high interest in the asset class. The study also showed that Nigeria is the only African country in the top 20, with the next African country, Kenya, placing…
Binance P2P MarketPlace Will Now Support More New African Currencies Without Third Parties.
Crypto Exchange platform Binance has announced that its peer-to-peer (P2P) marketplace will now support more African currencies, including Liberian dollar (LRD), Sierra Leonean leone (SLL), Gambian dalasi (GMD), Mauritanian ouguiya (MRO), and Cape Verdean escudo (CVE). Users in these regions…
eNaira CBDC: Central Bank of Nigeria Introduces Voucher And USSD Features.
The Central Bank of Nigeria (CBN) has announced the development of eNaira enhanced services to address challenges faced by unbanked Nigerians. The initiative enables customers to use the unstructured supplementary service data (USSD) code *997*50# to carry out all banking…
How A “Stop Loss” Can Make You A Better Crypto Investor.
It’s essential that you use a stop loss when trading crypto. It would be best if you used a stop loss when trading any financial instrument. Still, crypto is extraordinarily volatile, and therefore you need to ensure that any time…
Congo National Park Begins Crypto Mining.
Virunga National Park In Eastern Congo has found ways to put its natural resources to good use by engaging in cryptocurrency mining which is an increasingly popular method of obtaining digital assets such as Bitcoin (BTC), in order to mine…