Cryptocurrency

Luno lays off 35% of its workforce, blames “series of shocks” in the crypto industry

Bolu Abiodun

2 days ago

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Cryptocurrency

Bundle launches native token, BXD, to incentivise users

.@BundleAfrica has launched its native token to pay users and work towards its mission of expanding beyond Africa. Will users be willing to work for the BXD token?

Bolu Abiodun

2 years ago

Cryptocurrency

Cryptocurrencies decline again; should investors be worried?

The past few days have seen the value of cryptocurrencies take a massive dip, which is said to have stemmed from Elon Musk’s tweet. While this is not the worst crash the market has witnessed, how should investors react?

Victoria Fakiya

2 years ago

Cryptocurrency

Nigerian crypto startup, Quidax, is building Africa's crypto infrastructure one major market at a time

In 2017, the founders @QuidaxGlobal, started a WhatsApp group for people to safely buy and sell crypto. In 2021, the startup has reportedly processed over $3 billion in transactions, and the Techstars-Toronto backed startup is gradually building Africa's crypto infrast...

Emmanuel Paul

2 years ago

Cryptocurrency

Despite clampdowns on cryptocurrency usage, African P2P users on Binance grow by over 2000%

Crypto exchange platform, Binance, reports massive growth in African users and transaction volume despite government crackdowns.

Chimgozirim Nwokoma

2 years ago

Cryptocurrency

Nigeria continues to lead crypto peer-to-peer transactions

Nigeria has experienced another significant increase in the volume of crypto transactions, an all-time high according to @paxful. Apparently, this is in spite of the current ban on cryptocurrency trading in the country.

Bolu Abiodun

2 years ago

Cryptocurrency

Nigeria’s SEC pauses crypto regulation plans, confirms intent to regulate Investment-tech

Nigeria’s Securities regulator has paused plans to regulate the crypto space due to the CBN’s directive that disconnects crypto players from the banking system. It also confirms possible investment-tech regulations

Emmanuel Paul

2 years ago

Cryptocurrency

How cryptotraders are handling CBN's crypto ban and bank account closure

Following CBN’s crypto stance, Nigerian banks are closing cryptotraders’ accounts. Here’s an analysis of how badly hit cryptotraders are and their plans to cope with the sudden changes.

Oluwanifemi Kolawole

2 years ago

Cryptocurrency

Nigerian Senate offers possible lifeline for crypto, invites SEC and CBN for a briefing

The @NGRSenate is deliberating on the recent restriction of crypto by the CBN. Weighing its possible risks and benefits, the upper legislative house has summoned the @cenbank, and the @SECNigeria for a hearing.

Emmanuel Paul

2 years ago

Cryptocurrency

What the CBN's crypto order means for you going forward

The Central Bank of Nigeria has ordered banks and other financial institutions to stop processing crypto transactions. What happens to your crypto? What are the possible implications of this move? Let’s find out

Emmanuel Paul

2 years ago

Cryptocurrency

In 2020, Nigerians traded more than $400m worth of crypto on local crypto exchange platforms

In October 2020, UsefulTulips reported that $32.3m worth of bitcoin was traded in Nigeria. And judging by the numbers of different crypto-exchange platforms, Nigerians likely traded $400m+ worth of crypto the past year.

Tage Kene-Okafor

2 years ago

#EndSARS

#ENDSARS: Nigerian government’s strongarm tactics, crypto adoption, and the power of the Internet

Amidst the #EndSARS protests, online activism, and alleged sabotage of crowdfunding sources, Nigerians have turned to crypto and government strong-arming could unwittingly provoke its massive adoption

Emmanuel Paul

2 years ago

Cryptocurrency

Nigeria issues regulations on cryptocurrency, crypto startups, ICOs, others

The Securities and Exchange Commission, Nigeria, has issued regulations for digital currencies, initial coin offerings, and local and foreign companies and startups playing in the sector.

Emmanuel Paul

2 years ago

Cryptocurrency

Africa’s young population and the drive for cryptocurrency

World markets and currencies have been rocked by the pandemic and recent trends suggest that a large portion of Africa’s youth is opting towards cryptocurrencies. We explore some intricacies behind this trend.

Emmanuel Paul

3 years ago

Cryptocurrency

Are ICOs in Nigeria a fraud or the market is just too volatile?

In 2017 and 2018, ICOs started making headlines around the world. Nigeria and Africa weren’t left out as startups here also raised significant numbers. But since last year not much has been heard about the model.

Tage Kene-Okafor

3 years ago

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