Bitcoin
United States prosecutors have announced the arrest of Virgil Griffith, who is accused of travelling to the Republic of Korea to deliver a presentation on how to use cryptocurrencies and blockchain technology to evade US sanctions. According to reports, 36-year old Griffith is a US citizen resident in Singapore and
Bitcoin
The Royal Dutch Football Association (KNVB) – Netherlands Football Association has tested a new blockchain-based ticketing app during yesterday's (19 Nov) - Netherlands vs Estonia Euro 2020 qualifying match. The match played at the Johan Cruyff stadium was used as a medium to test a series of football innovative
Africa
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has attested to the role of digitization, automation and technological innovations in the financial sector, as reported by Guardian. Speaking at the 19th National Seminar on Banking and Allied Matters for Judges, organized by the Chartered Institute of Bankers of
Blockchain
What is the best Bitcoin alternative? Is there even another cryptocurrency worth investing in? Many Nigerians can no longer afford to invest in a whole Bitcoin. The race is, therefore, on in Nigeria to identify the best altcoins to invest in ready for 2020. Here at NairaEX, we can’t
Blockchain
The United States Customs and Border Protection (CBP) will utilize blockchain technology in tracking oil shipments to and from Canada. According to an official publication by the US Department of Homeland Security, the US Customs has partnered Canadian blockchain firm – Mavennet to develop a functional blockchain security platform to track
Bitcoin
A real estate magnate – Ben Shaoul has sold his Manhattan USA condo for $15.3 million in Bitcoin (BTC). According to reports by New York's A-list real estate magazine - The real Deal, Shaoul who doubles as President of Magnum Real Estate group sold the 11,400 square
Blockchain
The crypto lending industry is booming. Every day, people who can’t secure credit from banks turn to new Bitcoin lending platforms. They secure loans and more often than not, they repay loans with interest. This allows Bitcoin lenders to earn free Bitcoin as an interest in the process. What
Africa
* This post has been updated to reveal that the Central Bank of Tunisia (BCT) has denied claims of launching a central bank digital currency (CBDC). The bank states it is focused on digital payment alternatives, including CBDC but is yet to move forward with its implementation. The Central Bank of
Blockchain
Stablecoins are digital assets that retain value regardless of whether the price of other cryptocurrencies is going up or down. Typically, people don't, therefore, invest in stablecoins. Instead, Nigerian and other investors use stablecoins to safeguard crypto wealth during market downturns. What are Stablecoins The cryptocurrency market is
Blockchain
Turkey’s President Recep Tayyip Erdogan has directed that the government should finish testing its national central bank digital currency (CBDC) by end of 2020. The digital currency dubbed ‘Digital Lira’ is the country's national blockchain-based digital currency, and is planned to be issued by its Central Bank
Blockchain
Coca-Cola bottlers now utilize blockchain technology to manage cross-party transactions and supply chain logistics. As reported by Business Insider, Coke One North America (CONA) – which serves as IT managers to over 70 franchises of the Coca-Cola Company Worldwide, revealed it is using a blockchain solution developed by German software company
Bitcoin
China has released the 14th edition of its bi-monthly cryptocurrency rankings published by the Chinese Ministry of Industry and Information Technlogy (CCID). According to the latest CCID Global Blockchain Technology Assessment Index, EOS, Tron and Ethereum rank as the top 3 cryptocurrencies respectively. The ranking which focuses on three (3)