Nigeria could potentially expect a revenue stream of between $6 billion to 10 billion in the next decade thanks to Blockchain technology according to a key government official. Director-General Kashifu Inuwa of the Nigeria National Information Technology Development Agency (NITDA)…
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“Sand Dollar!” Bahamas Unveils World’s First CBDC
The central bank of Bahamas has unveiled the “Sand dollar”- a taste backed virtual currency now available nationwide. The announcement was made on October 20 on Facebook by the project sand dollar account at 10 PM UTC. The announcement meant that the…
Huobi Partners with UAE Firm to Offer Crypto Real Estate Payment Services
Big name cryptocurrency exchange Huobi will be partnering with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies. The major exchange out of Singapore has partnered with fäm Properties- a…
A cryptocurrency exchange software bug in Kraken allowed users to buy Bitcoin cheaper than the market price
Crypto exchanges continue to face challenges. Recently, a cryptocurrency exchange software bug in the prominent crypto exchange Kraken allowed users buy cheaper Bitcoin
Facebook’s Libra backed by Several National Currencies
In its journey to get its very own Stablecoin approved by regulators, Social media giant Facebook reportedly shared details regarding the project’s proposed backing reserves. According to a Sep 9 Bloomberg report, the social media giant revealed to senators about…
Binance to launch a “localized” Stablecoin Initiative
The largest cryptocurrency exchange in the world Binance, has announced plans to launch an ambitious project that will develop cryptocurrencies and digital assets that will be pegged to fiat currencies around the world. The Monday August 19 announcement has revealed…
UN: North Korea has been Robbing Banks and Crypto Exchanges to Fund Weapons Programs
According to a confidential UN report, North Korea is funding its weapons of mass destruction program with cryptocurrency and Fiat currency stolen from banks and exchanges. The report that was seen by Reuters was apparently researched by “independent experts” and…
Everton Football Club Signs eToro as its Official Online Trading Partner
English premier league club Everton Football Club, has penned a deal with crypto inclusive investment and trading platform eToro. The Merseyside based club shared news of the deal in an official club announcement on Aug 1. As per the report,…
BitStamp to Soon Offer Funding in GBP
Cryptocurrency exchange Bitstamp, which happens to be the longest standing exchange, will soon be offering funding in British pounds. This is music in the ears of crypto users and traders who are based in the UK, who have had to…
Indian Crypto Exchanges set their Sights on New Markets
Crypto exchanges in India such as CoinDCX and WazirX are now setting their sights on global markets after one of the country’s leading exchanges Koinex, shut down operations last week citing an unclear regulatory framework in the country. Cryptocurrency exchanges…