Africa
Nigeria’s premier Bitcoin exchange, NairaEx has launched a first of many crypto projects, offering Nigerians easy crypto/bitcoin services across the country. The new service called NairaEx Pay – is a payment gateway which offers users (companies, businesses and individuals) a platform to accept and process bitcoin payments automatically. According
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
Bitcoin
Popular x-rated website – PornHub has revealed that PayPal stopped servicing payments its models without any notice. Reports say before the service breach, many PornHub models worldwide had been receiving payouts via PayPal or direct bank deposit; a blog post stated: “We are all devastated by PayPal's decision to
Bitcoin
Social media giant - Facebook looks to have charted a new course in its payment system drive, with the announcement of a new fiat payment system dubbed ‘Facebook Pay’. Announced this week, Facebook Pay is designed to facilitate payments across the company's four platforms - Facebook, Messenger, Instagram
Bitcoin
A UK-based travel company – Alternative Airlines has partnered with cryptocurrency firm Utrust to integrate flight payments with cryptocurrency. The new partnership will offer customers the option to book flights while paying with cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Dash (DASH), DigiByte (DGB) and Utrust’s native token (UTK). Further
Africa
In response to news making rounds on its rumoured ‘MTN Coin’, the MTN Group has dissociated itself from the digital currency project. The telecom giant acknowledges the digital currency product is a mere proposal by Eureka Africa noting that the initiative was not adopted, and is therefore not involved with
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
The Royal Bank of Canada (RBC) – the country's largest bank with over $965 billion in total assets, is making plans to launch a cryptocurrency trading platform. According to reports by Logic, the bank has applied for four patents in Canada and the United States, which are all focused
Bitcoin
The Ethereum Name Service (ENS) has opened up instant registration for users to add their remaining three character .eth addresses on their website. The ENS service looks to ditch the long Ethereum wallet address and offer users a simple .ETH domain for sending and receiving cryptocurrencies. Launched in 2017, the
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
Education & News
Global money transfer giant MoneyGram has revealed it processes 10% of its US-Mexico cross-border transactions through Ripple’s Payment Solution On-Demand Liquidity (ODL), using the Ripple (XRP) cryptocurrency. The announcement was made by MoneyGram Chairman and CEO Alex Holmes at the recent Ripple Swell 2019 conference in Singapore. He remarked:
Africa
A twitter user @onyenkuzi posted saying: “Someone put N100,000 in ***** stock in 2004. Ten years later it was worth a little over N11,000.” His tweet prompted an online frenzy with many Nigerians narrating tales of little or no returns on investment (ROI) from various traditional financial assets such