Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End
Nov05

Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End

The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a new low of 900 naira for every dollar. The currency has continued to depreciate even after the Economic and Financial Crimes Commission’s raid on suspected illegal foreign exchange dealers. Continuing U.S. Dollar Shortages Following the Oct. 27 announcement by the Central Bank of Nigeria (CBN) that intends to put into circulation...

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Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry
Nov05

Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry

Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin mining hardware training program. The training course, which is expected to commence on Nov. 7, is expected to help professionals and enthusiasts learn how to set up a miner as well as to identify and solve common hardware failures. ‘In-Person Classes’ to Be Conducted by Industry Players Foundry...

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Report: Over 30,000 Nigerians to Learn About Blockchain From Government Agency
Nov05

Report: Over 30,000 Nigerians to Learn About Blockchain From Government Agency

Nigeria’s National Information Technology Development Agency recently said it has launched a blockchain training program and over 30,000 people are set to participate. The objective of the training course is to make the participants “early solution providers in the fourth industrial revolution.” Hastening Adoption of Blockchain The Nigerian government has said it plans to educate over 30,000 people about blockchain technology. The...

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7 Startups Join Mastercard Program to Make Cryptocurrency More Accessible
Nov05

7 Startups Join Mastercard Program to Make Cryptocurrency More Accessible

Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We’re welcoming a new cohort of startups to ease access to digital assets, build communities for creators and empower people to innovate for the future through Web3 technologies,” said Mastercard. Mastercard: ‘Anyone Who Uses Crypto Should Be Able to Do so Simply and Safely’ Payments giant Mastercard announced...

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Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether
Nov05

Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether

Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and ether commission-free. “A meaningful portion of Fidelity customers are already interested in and own crypto,” the firm said. Fidelity Investments to Begin Offering Crypto Trading to Retail Investors Fidelity Investments, one of the...

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