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Unpacking the Potential of Blockchain and Infrastructure in Africa

Opinion The vast swathes of Africa’s fertile lands may ultimately prove a central arena for the ground-up development of innovative digital infrastructure and green energy projects. Recent pivotal moments in African trade, such as the African Continental Free Trade Agreement, are setting the table..

Whenever Bitcoin Prices Go Up or Down, Google Searches Soar

New Year Special Last month, the value of Bitcoin (BTC) nosedived to around the $6,500 mark after having stayed above the $8,000 threshold for a considerable period before that. This downturn showcased Bitcoin’s worst market performance over the past seven months — with the flagship crypto asset’s..

Crypto in Africa: Opportunities and Challenges, Explained

Increasingly so, and you could argue that parts of the continent are world-leading. Back in April, Google Trends data revealed that Lagos in Nigeria has the world’s highest volume of online searches for Bitcoin (BTC). A lot of this is driven by frustration toward existing payment solutions, w..

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

News Nigerian crypto wallet Satowallet has allegedly pulled off a $1 million exit scam, while the firm cites an unexplained OVH data server error that has kept user funds in limbo. Multiple versions to delay withdrawalsAfter users first reported withdrawal issues in April 2019, Satowallet has been..

Nigerian Crypto Educator Returns $80K in Bitcoin Received by Mistake

News Keith Mali Chung — the co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 worth of Bitcoin (BTC) mistakenly sent to his wallet. Chung — who goes by the Twitter handle of “Bitcoin Keith (The African Bitcoin Bull)” — tweeted about the incident on..

Africa Using Blockchain to Drive Change: Nigeria and Kenya, Part One

Analysis Blockchain adoption in Africa is on the rise. From transportation to the gaming and lottery industries, reports of companies utilizing decentralized ledger technology (DLT) across the continent are emerging. Several stakeholders in the African blockchain scene say DLT is the key to solvin..

PR: Remco – Powerful Distributed Token Generating Platform

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Laurel, Maryland– Aug 12th, 2019 — remittancetoken.io, –..

Nigerian Deposit Insurance Corporation Warns Against Crypto Dependency

News The Nigeria Deposit Insurance Corporation (NDIC), a federal insurance overseer and safety net provider, has issued a public warning about relying on cryptocurrency transactions in a press release on July 25. According to the press release, managing director and CEO of NDIC Umaru Ibrahim said ..

Prominent Nigerian Politician Calls for Legal Framework for Cryptocurrencies

News Femi Gbajabiamila, the speaker of the Nigerian House of Representatives, has called for a substantive legal framework for cryptocurrencies in the country. According to a report by Nigerian news daily Daily Post on July 23, Gbajabiamila wants the country to develop clear regulations for digita..

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