The Central Bank of Nigeria (CBN) introduced e-Naira after the ban on Cryptocurrency. It is a form of digital currency that allows exchange between people online It no more news again that CBN banned the use of cryptocurrency because it is not being issued by a Sovereign Authority, among other reasons.
Senator Shehu Sani took to his Twitter account to share with his followers what happened to his friend, due to the current fluctuation in Cryptocurrency trading channel. The internet has in the past few hours been saturated by reports and information related to Crypto, as a result of the unexpected loss that most traders in the digital trading platform have experienced from the instability in their trading activities.
A male Twitter user whose username is Sarki has taken to his Twitter account to share his experience as one of the Cyrptocureency investors. Cryptocurrency is not in any way different from the normal coin or note currency. The only difference is, the former is used to carry out online investment or financial transactions.
Bitcoin and other cryptocurrencies are facing a big challenge as prices crashed with large percentage for the first time this year.Some Bitcoin investors are expressing fear over the recent performance of the leading cryptocurrency. However, this recent fall in price and value of Bitcoin and other Cryptos is due to two major factors that rocked the Cryptocurrency market few days ago.
Big Brother Naija season 4 housemate, Anita Natasha Akide popularly known as Tacha has made her mimic about the cryptocurrency world in a tweet she dropped on Twitter yesterday. It's no more news that the Cryptocurrency world is crashing especially the popular one, Bitcoin which has left people who invested in it frustrated.
Iran has been facing a widespread wave of power outages recently and the Government has blamed it on Bitcoin miners. The Government has placed a ban on all Cryptocurrency mining for the next four months as widespread power outages continue to cause public dissatisfaction across the nation. The Iranian President, Hassan Rouhani gave an order on Wednesday that all crypto mining operations in Iran both legal and illegal ones must be shut down until the end of the sixth Iranian calendar month which will be on 22nd September.
Amidst the Ban of all form of Cryptocurrency by the Central bank of Nigeria earlier this year, a Private Secondary school, New Oxford Science Academy, Chiranchi, Kano, has announced that Parent can pay their Children fee in Cryptocurrency. Addressing News men on Thursday, the proprietor of the school, Sabi'u musa Haruna has said the school management took the step after consultation with the students parents and Guardian.
Reno Omokri has asked the Federal Government to prosecute the Attorney General of the Federation, Abubakar Malami for violating the ban on Cryptocurrency. Abubakar Malami was caught after he shared a screenshot to prove that he has deactivated his twitter account in obedience to the ban on the use of Twitter in Nigeria.
Even though cryptocurrency has been around for much longer with the first digital token, Bitcoin, founded in 2009, it has recently become one of the most common words on the lips of everyone. It is safe to say that there is no hiding from the crypto universe, either as an inquisitive observer, or a potential investor looking to invest in the digital currency.
The decentralized nature of Cryptocurrency may be a challenge for the Chinese government, Elon Musk suggested. While global regulators continue to review the cryptocurrency industry, Tesla CEO ELON MUSK expressed its support for Crypto, called it undestroyable. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said at the Code Conference in California, CNBC reported on September 28.
In line with the Federal Government ban on Twitter in the Country, the Attorney General of the Federation, Abubakar malami took to his verified Facebook handle to share a proof of his Twitter deactivation but something else he failed to notice was observed by Nigerians In a screenshot photo he shared, a major Cryptocurrency platform amongst an array of icons on his mobile phone were spotted Mr. Malami shared the screenshot on Tuesday evening to confirm to Nigerians that he had deactivated his account in line with president Buhari controversial ban on Twitter
Apart from VPN, See what was discovered in the screenshot shared by AGF Malami via his Facebook account
A Cryptocurrency trading application has been discovered in the screenshot that was shared by AGF Malami via his official facebook account. AGF Malami, the Attorney General of the federation shared a screenshot showing that he has deactivated his twitter account. He shared the screenshot via his official facebook account.
In this article, I want to tell you the story of Steve (name changed for obvious reasons) and how he lost his savings in Crypto fraud. This is a tragic story. Not only was he ruined financially but there were also serious consequences for his family.
The Republic of China has tightened its ban on Cryptocurrency, stressing that all activities related to the volatile coins are illegal.The Central Bank of China said this on Friday, noting that the supply of online Cryptocurrency services to China residents is illegal. Recall that the Central Bank of China had in May, banned domestic financial institutions from operating Cryptocurrency services in the country.
The Governor of the Central Bank of NIgeria (CBN), Godwin Emefiele, has declared that Cryptocurrency will be allowed in Nigeria, after about four months the CBN has informed banks to close all Cryptocurrency linked accounts in the country. In February, Emefiele announced that the digital currency is used for criminal and illegal activities, also during the CBN Monetary Committee meeting, he said Cryptocurrency is mostly used for illegitimate businesses, according to the investigation carried out by the bank.
One of the most commonly asked questions about Cryptocurrency is "is blockchain the future?". If that is the reason you're here, ensure you dispose of your mind to know and learn more about how the blockchain works. Digital Currency is rising fast to overshadow the current world of paper currency.
If you're looking for a reputable and reliable exchange to buy, sell or trade your favorite cryptocurrencies, look no further. In this blog post you will learn all about Cryptocurrency -- the largest cryptocurrency exchange in Africa. Cryptocurrency is written in clear language that anyone can understand.
The Central Bank of Nigeria recently placed a ban on Cryptocurrency in Nigeria, but a private secondary school in Kano, announced that it is accepting Cryptocurrency as a form of payment for school fees, on Thursday. The school Proprietor, Mr Sabi’u Musa Haruna was addressing newsmesn and journalists in Kano, when he stated that the school management recently took the decision after consultationa with parents and guardians.
The International monetary fund has kicked against accepting Cryptocurrency as a legal tender. Cryptocurrency is a digital or virtual currency secured by cryptography. It is a digital asset that is nearly impossible to counterfeit. International monetary fund in a blog post titled ”Crypto asset as national currency?
After the decision of the Federal Government, through the Central Bank of Nigeria to ban the use of Cryptocurrency in the country some months ago. A private secondary school in Kano State has defied the Federal Government’s order on Cryptocurrency. The New Oxford Science Academy, Chiranchi, Kano State made an announcement on Thursday, 24th of June, 2021 that the school is accepting Cryptocurrency as payment for school fees.