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News and analysis about Cryptocurrencies and Blockchain

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EXPLAINED: Why Cryptocurrency counts as currency

If a community of people agrees to use something as a way of exchanging value, that medium becomes currency.

Why Bitcoin has taken a pounding in the last few days

The price of bitcoin, the world’s most valuable cryptocurrency has taken a pounding in the last couple of days. From $6374.92 last Tuesday, the...
JPM Coin: What it is and what it means for Cryptocurrency

JPM coin: What it is and what it means for Cryptocurrency

The introduction of JPM Coin is a win for cryptocurrency, as it lends legitimacy to Bitcoin.
Ethereum

Someone paid $308k fee for a $14 transaction, expensive mistake or donation?

Mistakes come in grades but a $308,000 mistake, that's a costly mistake!
What people do when the price of Bitcoin rises

What people do when the price of Bitcoin rises

On Tuesday, the crypto market came back to life, with the prices of most cryptocurrencies experiencing a surge.
Cryptocurrencies, Blockchain

7 interesting uses of cryptocurrencies & blockchain

Anyone even slightly aware of cryptocurrency has heard of the myriad ways it could make them wealthy overnight.
Blockchain

Blockchain: A 3 minutes explanation

Let me first start from what I think the problem Blockchain solves. Think about the files on your computer, the digital files on your...

Coinbase obtains SEC approval to list security tokens

Cryptocurrency Exchange and wallet service Coinbase has received approval from the United States SEC.
Gerald Cotten, Quadriga CX

BOOM: Cryptocurrency holders may lose their $145 million

The death of Gerald Cotten, the Chief Executive Officer of Digital-asset exchange Quadriga CX has left one question unanswered, how do the company's customers recover their combined C$190 million ($145 million)?
Quidax, Blockchain,

7 terms associated with blockchain that you should know

The Blockchain is a decentralized or a distributed ledger technology that allows a number of participants to maintain the ledger verifying and authenticating transactions
blockchain technology

Blockchain is on its way to making the world a better place

How could blockchain technology work towards the betterment of the world as we know it? Well, let's find out by clicking the link below.
Quidax, Blockchain,

How blockchain revolutionises finance & investing

Blockchain is one of the most important innovations over the past decades. One would say it promises the same level of disruption that Uber...

Step by step guide on how to buy Bitcoin if you are in Nigeria

This article is for anyone who is interested in buying bitcoin for the very first time. It is a practical guide and from someone...
Are Initial Coin Offerings (ICOs) dead?

Are Initial Coin Offerings (ICOs) dead?

Initial Coin Offerings also called ICOs are a crowdfunding model popularised by blockchain startups to raise funds for their project.
A quick look at the evolution of money

A quick look at the evolution of money

From the interchange of goods for goods without proper evaluation, to commodity money, our understanding of money has evolved with time.
Bitcoin exchange for Nigeria is up and running

This Bank CEO is unhappy with bitcoin

Jamie Dimon, Chief Executive of JP Morgan, has voiced concerns about bitcoin, essentially calling it a scam. Dimon made the remarks at an investor...
Types of blockchain

Are all blockchains the same?

The blockchain technology has been applied across several spheres. And this has birthed many different “blockchains” which perform special tasks.
bitcoin price

Bitcoin price briefly hits $5000 mark

Bitcoin, the world's most valuable cryptocurrency, today spiked to a six month high of $5000.

3 emerging cryptocurrencies to keep tabs on

Though Bitcoin, Ethereum and Ripple have garnered a large portion of the attention on cyrptocurrencies, there are several other coins with good potential. Here...

Are Nigerian companies now accepting payments in bitcoin?

Abdoulaye Diack, a Chief Technology Officer at Rescue Technologies Limited recently shared his experience with his first bitcoin payment in Nigeria. While he did...

How Bitcoins Work?

If you've been wondering what the hell Bitcoin is and how it works then the link below should help. It's a two and a...
Tech developers

Job opportunities in the cryptocurrency space

Cryptocurrencies were a buzz word in 2017 across the finance and tech space, and thus has continued. While attention has been focused on the...

Cryptocurrency: 6 risks you need to know about

If you have investing about N1 million in bitcoins in January this year, chances are that the investing will be worth about N2.6 million...

Top 5 Cryptocurrencies to watch out for in 2018

Cryptocurrencies have had a fabulous 2017;Bitcoin, the biggest cryptocurrency by market capitalization rose massively from $973 on January 1, 2017 to $13, 621 by...

What you need to know about cryptocurrency mining

Mining is the process of validating transactions on a blockchain network. A blockchain is a record of all public transactions for a cryptocurrency. Each...

Senate cautions Nigerians on trading of bitcoin and other cryptocurrencies

Nigeria’s upper chamber has turned its searchlight on the trade of bitcoin and other cryptocurrencies in the country. This was raised in a motion...

These coins are currently trading close to their ICO prices

Cryptocurrency markets are currently trading in a sideways manner. Bitcoin is currently trading at around $9,000 which is  below the $10,000 psychological mark. For...

EFCC Tweets Out Warning Against Cryptocurrency

In a tweet from its verified twitter handle, the Economic And Financial Crimes Commission (EFCC) has warned members of the public against transacting in...

Twitter joins the cryptocurrency ‘ ban’ wagon today

Twitter has become the latest social media network to block adverts pertaining to cryptocurrencies, beginning today. Facebook, in January  announced its ban on cryptocurrency...

10 tips for every cryptocurrency trader

2018 has been quite a volatile year for cryptocurrency markets. So far, there have been one major flash crash and several bear markets. Despite...

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Understanding Mutual Fund Fees

INSIGHT: Why you really should consider investing in mutual fund today

A Mutual Fund is a Trust or Company that pools money from many investors and invests in a specified class of securities such as stocks, bonds, real estate or a balanced mix of asset classes.
Ellah Lakes appoints new Managing Director, Ellah Lakes appoints Chuka Mordi, Ellah Lakes acquires Telluria Limited, Nigerian Stock Exchange NSE

NSE has placed these 34 companies on red alert

Authorities of the Nigerian Stock Exchange (NSE) has placed red alerts on some 34 quoted companies as a disciplinary measure for breaching some of its extant rules.
Union Bank shareholders endorse N54.4bn balance sheet reduction

Union Bank’s shareholders approve N54.5 billion capital restructuring

Union Bank of Nigeria shareholders recently approved the proposal to cancel N54.46 billion accumulated permanent losses in the books of the commercial bank.