Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. DeFi aims to bridge the gap between decentralized blockchains and financial services. Aronu Ugochukwu and Abafor Chima founded the startup...
Recent reports note BitMEX co-founder Benjamin Delo has surrendered to authorities after he was charged with helping the company evade AML regulations. Delo pleaded not guilty and...
Last month, the Nigerian central bank banned banks from participating in transactions related to the purchase of cryptocurrencies, threatening regulatory sanctions. Soon after, Vice President Yemi...
As the cryptocurrency sector matures, new digital assets are emerging to leverage blockchain technology’s diverse uses. With the industry mostly bullish over the last 12 months,...
The rapid growth of the crypto market and Bitcoin’s price rally led to a surge in new crypto wallet users in 2021. According to data presented...
Demand for Crypto Debit Cards Surges 194% in 12 Months Data presented by Crypto Parrot indicates that global interest in the keyword ‘crypto debit card’ has surged...
Nigeria’s Crypto Ban Fuels Mistrust in Government A central bank ban on crypto transactions is at odds with the government’s goal to build a digital economy...
Elon Musk Backed DogeCoin Dropped by 40 Percent Amid Controversies Dogecoin dropped by 40 percent from the recent high following a series of controversies. Changpeng Zhao,...
PayPal CFO Says Company is Unlikely to Invest Cash in Cryptocurrencies PayPal is not likely to buy digital currencies like bitcoin, though the company does see...
Nigeria’s SEC Puts Plans to Regulate Crypto on Hold in Light of Central Bank Ban Nigeria’s Securities and Exchange Commission (SEC) announced Thursday it has put...