Cryptocurrencies

Nigerian art dealer Ebuka Joseph started using cryptocurrencies last year when business ground to a halt due to COVID-19. Now he is hooked even though the financial authorities disapprove.…

Using available African use-cases, we have shown how blockchain technology and cryptocurrencies could be hugely significant for the continent’s international trade. Recent advances in…

The 14-day median hashrate of the bitcoin mining market showed a 42 percent recovery from July lows when half of the hash-power came offline during the Great Migration out of China. A…

Bitcoin breached the key $50,000 level once again Thursday as the wider cryptocurrency market continued its rally amid increasing adoption. The largest cryptocurrency rose as high as…

In its simplest form, blockchain is a new database architecture. Its major distinction is decentralization. As opposed to having databases in centralized servers, blockchain allows for data…

As a newbie, it is easy to feel overwhelmed, as it is with most things in life, and this is especially true in such a volatile market as the world of cryptocurrencies. Regardless of the…

Almost all wealthy Nigerians have assets and bank accounts abroad. So, you would be grossly mistaken to think that the recent raft of government-imposed economic and technological strictures…

It's an undisputed fact that crypto has become widely accepted in Nigeria and Africa at large. This is because people now prefer to use digital currencies over fiat cash. Africans can now…

Intense interest in cryptocurrencies, such as the bitcoin, as well as the Covid-19 pandemic has sparked debate among Central Banks globally on whether they should issue digital currencies of…

Renowned American economist Hyman Minsky once said “everyone can create money; the problem is to get it accepted.” It remains perhaps the most significant litmus test in determining whether…