Nigeria

Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth

Singapore-based exchange conglomerate Huobi Group has a unique growth strategy for emerging markets: partner with local entities and then split…

US Prosecutors Charge 2 Foreign Nationals Over Bitcoin Investment Scam

Two Nigerian nationals have been indicted by U.S. prosecutors for allegedly running a fraudulent bitcoin investment scheme. The Oregon District…

Young Africa Looks to Crypto for Payment

Data from Google Trends shows that Lagos, Nigeria ranks as the number one city based on the volume of online…

Nigeria: Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures

Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth…

P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela

During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51…

Ongoing Economic Crises in Venezuela and Beyond Show That the Idea of Bitcoin as a Store of Value Is Increasingly Catching On

Just when it seemed like the economic and political situation in Venezuela couldn't get much worse, it has. Back in…

Blockchain Project Aims to Reform Traditional Lottery in Nigeria

On Dec. 13, Quanta Plc., owner of Quanta Technology Limited, a blockchain lottery operator, announced it had signed contracts to…

Bitcoin Exchange Paxful Sees 20% 2018 Growth, Driven by Africa

Regardless of bitcoin’s price volatility, 2018 saw an explosion of activity among African users. Revealed exclusively to CoinDesk, the peer-to-peer…

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