Nigeria’s Securities and Exchange Commission (SEC) has declared the country a major player in the global cryptocurrency market, particularly in peer-to-peer transactions. Emomotimi Agama, SEC’s Director-General,...
In a move aligning with the Central Bank of Nigeria’s (CBN) recent stance, several fintech companies have issued warnings to their customers regarding cryptocurrency trading. These...
The Central Bank of Nigeria (CBN) has issued a directive barring cash withdrawals from accounts opened for virtual and digital assets transactions. Rather, operators of the...
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. Crypto startup, WhiteBIT, set to expand into Nigeria ...
The tech industry had a tumultuous year through the 12 calendar months of 2022, with both highs and lows for stakeholders. On one hand, the industry...
Israel detained three individuals, on Monday, over suspicion of participating in a global cryptocurrency scam to launder tens of millions of shekels. The arrests came as...
One of the world’s largest cryptocurrency exchange platforms, Kraken, has been granted a full financial licence to operate in the UAE. The approval was granted by...
A United Kingdom-based Web3 and decentralised finance startup, Argent, has raised $40 million (£32 million) to scale up its venture. The co-founder and chief executive officer...
The most popular cryptocurrency, bitcoin, shed more in value in January 2022, than it did in the corresponding month of 2021, as the digital asset succumbed...
Cryptocurrency-related crime hit an all-time high in 2021 as the decentralised finance (DeFi) community recorded more phishing campaigns and other schemes linked to the digital assets....
Cardano, a proof-of-stake blockchain platform, has revealed plans to double down on African market, making loans available to Africans through decentralised finance (Defi). According to the...
Bitcoin hodlers [holders] are heading into Christmas period with a loss as investment support from El Salvador, Michael Saylor and other whales failed to patch the...
The International Monetary Fund has expressed concern that cryptocurrencies would become a major currency in Nigeria and other developing countries. It also added that the currency...
A Bitcoin whale has parted with $137 million to increase the digital asset’s holdings. A whale is an individual or entity with large amount of Bitcoin....
The bitcoin market continues to rally in October following its slip in the last two weeks of September, as the most popular cryptocurrency has surged 30.3...
Africa’s leading mobility and logistics companies (GIG Mobility and GIG Logistics) are reportedly reviewing their payment options to include digital currency. Pointers to this development emerged...
A private secondary school in the city of Kano, Oxford Science Academy, has announced its acceptance of cryptocurrencies as a payment method for school fees. However,...
The fall of one of the world’s best-known cryptocurrencies, the Bitcoin, on Wednesday, sent shockwaves throughout the financial world, Nigerian investors inclusive. Over the past 24...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The Central Bank of Nigeria (CBN) has reportedly banned the use of Bitcoin and other cryptocurrencies in Nigeria, three months after the country became the second...
PayPal shocked the world of finance with what Mike Novogratz called “the shot heard ’round the world on Wall Street” by announcing that it would offer...