Toronto and Lagos based fintech company, Fliqpay,  today announced the launch of its cryptocurrency payment gateway which allows African businesses to accept cryptocurrency payments from anywhere in the world and get settled instantly in their local currency bank account. Cryptocurrencies have received increasing interest from different corners of the world, but one question that often […]

Having the best interest of a nation’s finance at heart makes a huge difference to foster a booming economic system. However, cryptocurrency remains one of the new age models of economic growth. Amidst the numerous financial technology companies in Nigeria,  one has relentlessly kept the ball rolling over the years and has seemingly been a […]

Losses from cryptocurrency crime surged to 4.52 billion dollars in 2019, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace. Last year’s losses were up nearly 160 per cent from 2018’s total of 1.74 billion dollars. Blockchain, which first emerged as the system powering bitcoin, is […]

United States authorities arrested three men in an alleged fraud that raised $722 million from investors lured by fake bitcoin mining earnings, the Justice Department announced Tuesday. Prosecutors described the scam as a “high-tech Ponzi scheme” run by the “BitClub Network,” which took money from investors and rewarded them for recruiting new shareholders. From April […]

Speaker of the House of Representatives, Femi Gbajabiamila, has called for appropriate regulatory framework to guide the use of cryptocurrency in the country.