Powel, Author at Cryptotimes Africa

News

PARTNERSHIP | Central Bank of Nigeria Partners with Blockchain Solutions Provider, Gluwa, to Integrate Credit Rating Tech to e-Naira CBDC

by Powel March 8, 2024

Gluwa, a blockchain-based financial platform that has been operational in Nigeria for several years, will integrate its Credal technology into the eNaira platform. The intention is to facilitate the establishment of 'credit reputations' for eNaira users, thereby advancing financial inclusion. and the…

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Top Crypto Gainers Today on DEXTools – CYPHER, ATH, OPFLOW

by Powel March 8, 2024

As major blue chip cryptos like Bitcoin (BTC) and Ether (ETH) nudge higher on Friday but remain stuck within weekly ranges, traders looking for faster gains continue to migrate to the highly volatile on-chain shitcoin markets on the hunt for top crypto…

Startups

Nigeria’s Startbutton helps companies with their international expansion, compliance

by Powel March 7, 2024

Nigerian startup Startbutton is a “merchant of record” that enables businesses to accept payments in local currencies and manage local compliance without needing to establish local offices. Co-founded by Mallick Bolakale and Kelechi Obi in 2022, Startbutton assists multinational businesses in accepting local currency…

News

REGULATION | Binance Discontinues All Naira Services Starting in March 2024

by Powel March 7, 2024

Naira deposits ceased after March 5 2024 with withdrawals stopping on March 8 2024. Binance, which continues to be under investigation in Nigeria, has announced that it will disable all its Naira services. Naira deposits ceased after March 5 2024 with withdrawals…

News

Coinbase Faces Technical Issues as Trading Volume Surges, Some Users See $0 Balances

by Powel March 5, 2024

Coinbase’s trading platform is once again encountering technical problems amid heavy trading activity in the cryptocurrency market, with some users experiencing issues such as displaying a $0 account balance. In response to these issues, Coinbase reassured users that their funds are safe and stated…

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Bitcoin Leads Surge in Weekly NFT Sales Topping $423 Million

by Powel March 4, 2024

According to data from Cryptoslam, Bitcoin network saw a massive uptick in non-fungible token (NFT) sales over the past week, registering over $162 million in transactions. This represents a 76% increase compared to the previous week and cements Bitcoin as the top performer in the…

Article

LIST | 4 Potential Jobs in the Crypto and Blockchain Industry

by Powel March 4, 2024

It is estimated that around 200,000 people already work in the blockchain industry (or subsidiary and affiliated industries). Let’s explore crypto jobs and the wider context of the industry. The growth of cryptocurrency and blockchain technology has led to a huge number…

Article Feature

EXPLAINER | A Look at the Unique Avalanche Blockchain

by Powel March 3, 2024

Avalanche operates uniquely by employing three separate yet interconnected blockchains, each assigned a specific role in the overall functioning of the network. Avalanche is a blockchain platform developed by Ava Labs, and it was launched in 2020. One of its key features…

Article

EXPLAINER | A Look At the World’s Largest Bitcoin ETF

by Powel March 2, 2024

GBTC, which was converted to an ETF and was one of the products approved in January 2024, began in September 2013 as a private, open-ended trust for accredited investors. It represents a diversified collection of pooled investor funds with the ability to…

Feature

Coinbase Unveils New User-Friendly Crypto Wallets

by Powel March 1, 2024

Crypto exchange Coinbase has announced the upcoming launch of two new crypto wallet products, Smart and Embedded Wallet solutions. These offerings aim to simplify the onboarding process for blockchain applications, removing common friction points for new crypto users. The Smart Wallet leverages passkey technology…