2021-6-18 14:56 |
Nigeria has a population of 211 million people, and only 50% of them have a bank account. The internet penetration in Nigeria stood at 50% in January 2021, and only 10-20% of the entire population use a smartphone.
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LAGOS, Nigeria – On what could be tagged as the worst day of crypto this year, the African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. The crypto market suffered its first major dip in 2021 on Thursday, May 19 with Bitcoin dropping as low as $30,000 from highs … Continued The post African Crypto Exchange Quidax Raises Over $3 Million appeared first on BeInCrypto.
2021-5-25 12:57 | |
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The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the CBN governor Godwin Emefiele’s response to the allegations is “politically motivated.” […]
2021-4-21 05:30 | |
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With a population of over 200 million, Nigeria is widely regarded as one the biggest crypto markets in the world. Some in the crypto world believe Nigeria is one of the few countries better placed to see a greater acceptance of digital currencies.
2021-4-15 09:30 | |
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There happen to be more Bitcoin trading activities going on in Nigeria than exchanges are recording. This is because cryptocurrency users are leaning towards simpler channels that filter the technical processes that come with trading Bitcoin on exchanges.
2021-3-29 17:16 | |
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Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U.
2020-12-18 22:45 | |
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Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019.
2020-12-7 13:30 | |
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Jack Dorsey, the founder, and CEO of Square, a payment company, recently urged his 4. 8 million Twitter followers to donate bitcoin (BTC) to end police brutality in Nigeria. Dorsey promoted the BTC donations on behalf of a Nigerian group of feminists dubbed Feminist Coalition.
2020-10-15 13:14 | |
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Peru, India, Indonesia, and Nigeria are among the countries with the biggest increase in crypto wallet creation based on data from Blockchain. com, which has over 52 million wallets created by users worldwide.
2020-8-11 18:15 | |
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Bitcoin adoption in Africa continues to ramp up. On peer-to-peer bitcoin exchange platform, Paxful and LocalBitcoins, Nigeria's Naira accounted for $9 million of trading volume each week. This growing usage has Nigeria's Naira second most used currency after the US Dollar.
2020-5-22 21:23 | |
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A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project.
2020-1-2 23:15 | |
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Jaffe Tilchin Investment Partners was one of several firms that disclosed investments in spot Bitcoin ETFs on May 16. The Florida-based investment manager and insurance services advisor revealed it invested $11.
Bitcoin’s design contains a unique way of handling transactions through the Unspent Transaction Output (UTXO) model. While this model provides enhanced security and privacy compared to traditional account-based systems, it also presents challenges in efficiently managing one’s Bitcoin holdings.
Quick Take The Bitcoin (BTC) Power-Law Model, coined by Giovanni Santostasi, provides a mathematical description of BTC’s price movements, revealing a power-law distribution on a log-log scale.
Millennium Management and Schonfeld Strategic Advisors disclosed some of the largest spot Bitcoin ETF investments among traditional financial firms to date, according to their 13F filings for the first quarter.
Morgan Stanley revealed a $269. 9 million investment in spot Bitcoin ETFs via Grayscale’s GBTC in its first quarter 13F disclosure. Based on Fintel data, the investment makes it one of the largest holders of GBTC, following Susquehanna International Group’s leading $1.
The State of Wisconsin Investment Board (SWIB) and others reported investments in spot Bitcoin ETFs. In a May 14 filing, SWIB disclosed 2. 5 million shares of BlackRock’s IBIT worth $99. 1 million and 1.
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