Nigeria

Crypto in Africa: Opportunities and Challenges, Explained

Advocates say there are many issues beyond currency volatility where crypto and blockchain could make a difference. Aside from ...

Users of Nigeria-Based Crypto Wallet Lose $1M in Alleged Exit Scam

Nigerian crypto wallet Satowallet has allegedly pulled off a $1 million exit scam, while the firm cites an unexplained OVH data...
September 27, 2019
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Nigerian Crypto Educator Returns $80K in Bitcoin Received by Mistake

Keith Mali Chung — the co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 wort...

Nigeria and Kenya, Part One

Blockchain adoption in Africa is on the rise. From transportation to the gaming and lottery industries, reports of companies ut...

Nigerian Deposit Insurance Corporation Warns Against Crypto Dependency

The Nigeria Deposit Insurance Corporation (NDIC), a federal insurance overseer and safety net provider, has issued a public war...

Prominent Nigerian Politician Calls for Legal Framework for Cryptocurrencies

Femi Gbajabiamila, the speaker of the Nigerian House of Representatives, has called for a substantive legal framework for crypt...

Young Africa Looks to Crypto for Payment

Data from Google Trends shows that Lagos, Nigeria ranks as the number one city based on the volume of online searches for Bitco...
April 14, 2019
132

Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures

Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars...

Ongoing Economic Crises in Venezuela and Beyond Show That the Idea of Bitcoin as a Store of Value Is Increasingly Catching On

Just when it seemed like the economic and political situation in Venezuela couldn’t get much worse, it has. Back in Decem...

Blockchain Project Aims to Reform Traditional Lottery in Nigeria

On Dec. 13, Quanta Plc., owner of Quanta Technology Limited, a blockchain lottery operator, announced it had signed contracts t...
January 5, 2019
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