30 results
- 12 Aug 2022
Popular Bitcoin Advocate, Paco De La India Visits Nigeria to Promote Bitcoin Adoption
Popular Bitcoin advocate, Paco De La India is in Nigeria to encourage the use of Bitcoin for everyday transactions. The Bitcoiner, who is on a mission to tour 40 countries in 400 days in a ‘Run with…
- 13 Jan 2017
Deloitte Warns against Bitcoin Wallet Thieves, Others
Asides Bitcoin transactions being irreversible and the prices volatile, Tope Aladenusi, Partner, Cyber Risks Services, Deloitte West Africa, has warned that ‘Bitcoin wallet thieves’ and…
- 10 Jan 2018
CBN, Experts Say Bitcoin is Dangerous Scam
Central Bank of Nigeria (CBN) has warned Nigerians and financial institutions to stay away from bitcoin and other digital currencies. Experst also said that when bitcoin inevitably crashes,…
- 4 Apr 2022
Bitcoin Community Can now Buy NFTs to Support Global Philanthropic Projects
The Built With Bitcoin Foundation,a humanitarian organization powered by Bitcoin, announced that it is working alongside Satoshibles NFT, to raise funds for the foundation’s on-going efforts to build…
- 14 Apr 2017
Africans Embrace Bitcoin to Send Money Abroad
Developing countries from Africa and Asia are rapidly adopting Bitcoin in a bid to circumvent steep bank charges when sending money abroad. This is according to Bitcoin payment processor Bitwala…
- 23 Mar 2017
HostNowNow Accepts Bitcoin Payment for Web Hosting in Nigeria
West Africa’s fastest growing web-hosting brand – HostNowNow now accepts Bitcoin payment for all its services! A statement from the organisation, said clients can now pay with Bitcoin for services…
- 11 Jan 2018
Bitcoin Tumbles, Global Shares Steady
Lukman Otunuga, Research Analyst at FXTM, comments on Bitcoin and Global shares. Bitcoin collapsed like a house of cards on Thursday with prices dipping below $13000, after South Korea announced its…
- 20 Dec 2017
Experts See Biggest Financial Danger Yet in Bitcoin
Bitcoin has been described as the “biggest bubble of our lifetime” as an expert warned the cryptocurrency will likely spiral out of control before crashing. Bitcoin prices are riding an…
- 28 Feb 2020
Patricia Launches First Bitcoin ATM Card in Nigeria
Patricia has launched its exclusive Patricia Bitcoin ATM Card, which some stakeholders called Africa’s First Bitcoin card; a global initiative that simplifies the way its current and new users…
- 29 Dec 2017
Bitcoin Rebounds Above $14,000
Bitcoin appeared to find a bottom Friday, rebounding above $14,000 after moves by South Korea to curb speculation and protect retail customers sent the cryptocurrency sliding on thursday. Bitcoin…
- 11 Dec 2017
Bitcoin Future Trading Kicks Off, Investors Awaiting Central Banks Decisions
Hussein Sayed, chief market strategist at FXTM, comments on bitcoin trading entering a new phase today and how investors are awaiting central banks decisions. Trading bitcoins entered a new…
- 13 Sept 2017
Five 'Must' Know Before Putting Your Money in Bitcoin
Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central…
- 9 Jan 2017
MMM Adds Bitcoin Ahead of January 13 Comeback
MMM Nigeria, popular Ponzi scheme, has introduced bitcoin, the world’s best performing currency, as part of its mode of payment in its comeback plans Sun reported that the Ponzi scheme, which…
- 16 Oct 2020
Activists Turn to Bitcoin for #EndSARS Protests as Banks Shut Them Out
As protests surge through Nigeria in response to police brutality, one enclave of protestors has turned to bitcoin as a financial lifeline during turbulent times, according to CoinDesk. The Feminist…
- 17 May 2017
WannaCry: Hackers Demand Ransom in Bitcoin
The perpetrators of the global cyberattack that caused havoc in 150 countries demanded “ransom” money in bitcoins, but experts believe the anonymity that the virtual currency affords is not…
- 25 Mar 2021
FG’s Crackdown on Bitcoin Echoes Global Crypto Conundrum
The backlash against the Central Bank of Nigeria (CBN) directive on cryptocurrencies echoes a dilemma facing governments around the world: how to regulate Bitcoin and other cryptocurrencies without…
- 8 Mar 2024
Nigeria Tops List of Countries Most Interested in Selling Bitcoin
As Bitcoin smashes through its all-time high, reaching an impressive $69,000, the digital asset market is witnessing a significant shift in investor sentiment. According to recent data analysis of…
- 21 Jul 2024
Bitcoin Price Surges To $66000 Amid Global IT Outage
The Bitcoin price has quickly recovered from its recent dip to a six-month low of $53,500 on July 5th, reclaiming the $66,000 level and setting its sights on retesting its all-time high of $73,700…
- 6 Jan 2014
Game Developer Testing Bitcoin Payments for Purchases
Game developer, Zynga is testing bitcoin, a currency designed four years ago by pseudonymous computer programmer, for in-application purchases of virtual goods, becoming one of a growing number of…
- 8 Dec 2013
Bitcoin in Africa
Bitcoin is one of the world’s first currency’s to operate without any central authority or banks. Instead, it cuts out the middle man and transactions are carried out peer-to-peer resulting in a much…
- 31 Jan 2018
Beware! Bitcoin is Big Financial Scam- Senate
The senate has asked Central Bank of Nigeria (CBN) and other regulators to “investigate the proliferation of bitcoin” and do more to educate citizens about “the dangers” of the cryptocurrency. …
- 10 Dec 2021
Agba Calls for Fair Bitcoin Regulation
Clem Agba, minister of state for budget and national planning has reportedly said uncertainty in Bitcoin regulation risks depriving government and citizens of plugging into opportunities. Agba also…
- 12 Oct 2017
Bitcoin Rallies Above $5,000 to All-time High
Bitcoin smashed through the $5,000 barrier for the first time on yesterday, jumping as much as 8 percent on the day as investors shrugged off the latest warnings on the risks of buying into the…
- 29 Apr 2024
Nigerians Trust Bitcoin for Financial Security than Sanks – Report
Nigerians have more trust in Bitcoin-based systems than in traditional alternatives such as banks and government, a new report by Elastos, an open-source blockchain website, has stated. According to…
- 7 Dec 2017
NiceHash Hacked, $60 Million Worth of Bitcoin Stolen
According to NiceHash, the marketplace for cloud-based mining of cryptocurrencies, they alleged that hackers breached its systems and stole nearly $64m in bitcoin. The marketplace suspended…
- 4 Sept 2018
New Software Enables Standard ATMs for Bitcoin Transactions
Virtual Crypto Technologies Ltd., an Israeli cryptocurrency technology company, now offers software that will enable consumers to buy and sell bitcoin at traditional ATMs. According to a press…
- 26 Apr 2024
New Report Reveals 20% of Nigerians Use Bitcoin to Transact Daily
A new report claims that 20 per cent of Nigerians are using Bitcoin to carry out financial transactions every day. According to the open-source blockchain website, Elastos, the research was compiled…
- 25 May 2017
Bitcoin Soars above $2,400 to All-time High
Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain…
- 6 Jan 2017
Nigeria, Ghana Top Google's Global Interest in Bitcoin Search
Search interest in Bitcoin seems to have heightened in parts of Africa with Nigeria and Ghana presently topping the list of 25 countries globally seeking information about the digital currency,…
- 3 May 2017
Bitcoin Soars to All-time High Above $1,400
Bitcoin surged to an all-time high above $1,400 on Tuesday, after more than tripling in value over the past year, with its most recent rise attributed to strong demand in Japan, where the digital…