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55% of Nigerian Finance Industry Leaders Put Fintech “At Heart of Strategy”: PwC Survey
There should be a clear distinction between how Onecoin and Bitcoin are presented to the public to avoid any misunderstandings.
Nigeria Blockchain Alliance (NBA) has recovered the funds of several individuals who had fallen victim to bad actors within the space who attempted to defraud them
The Bank of Uganda has put Onecoin and Bitcoin in the same trash buсket. Why do the governments of developing countries like Uganda and Nigeria prefer not to see the difference?
MMM Nigeria - a prominent multi-marketing Ponzi scheme - has recently announced that it is making a comeback enabling Bitcoin as a form of payment.
The ability of Bitcoin to resist inflation makes it an automatic safe haven for embattled economies like Venezuela’s and Nigeria’s.
Leading African bitcoin startup BitPesa secured a US$2.5 million funding round from leading venture capital firms including Draper VC, Blockchain Capital, BnkToTheFuture, Digital Currency Group and Pantera Capital.
Nigeria and Africa generally are showing a huge sign of optimism for Bitcoin trading. But there are some challenges to overcome.
The Blockchain industry in Nigeria has received a boost as government agencies are collaborating with Cryptography Development Initiative of Nigeria (CDIN) in education and implementation of the technology.
Bitcoin and Blockchain development over the years has been observed to occur in cycles. Focus within the industry has always shifted between Bitcoin and Blockchain in a repetitive cycle.
A circular from the Central Bank of Nigeria speaks of the committee that will produce the policies for blockchain regulation in Nigeria, and operational framework for instituting a domestic cryptocurrency in Nigeria.
As Ponzi schemes make inroads into the Nigerian investment ecosystem, the next generation of leaders are indirectly learning to rely on luck and chance.
Cryptocurrency users in Nigeria are reacting to the public notice by the Securities and Exchange Commission of Nigeria (SEC) and opposing the approach, tone and content of its warning to the public on cryptocurrency investment.
A new Blockchain startup, Cryptogene has been launched in Nigeria with the primary aim of educating its citizens on the fundamentals and benefits of the Blockchain and cryptocurrency in general.
Cryptography Development Initiative in Nigeria (CDIN) has created a platform, “Nigeria Blockchain Alliance” (NBA) to fight against Cryptocurrency related crimes.
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