Nigeria

Developing Countries Are Vulnerable to Cryptocurrency Scams
Aug 04, 2020 at 14:18
News
Developing Countries Are Vulnerable to Cryptocurrency Scams
The outbreak of COVID-19 pandemic triggered the growth of various kinds of fraudulent activity, including that involving cryptocurrency. Despite such activity harming people from all over the world, the citizens of developing countries seem to be more vulnerable.
Italy Registers a Boost in Cryptocurrencies and Other Digital Payments
Feb 16, 2020 at 08:28
News
Italy Registers a Boost in Cryptocurrencies and Other Digital Payments
Making a digital payment, e.g. using cryptocurrency is still, for many Italians, an operation that could potentially be a security risk. To highlight it is a study conducted by Luno, a company specialized in cryptocurrencies, through the Dalia Research platform on a sample of a thousand people for each of the countries taken into consideration are Italy, France, Indonesia, the United Kingdom, Malaysia, Nigeria and South Africa.
Nigerian SMEs to Leverage Cryptocurrency Industry
Jun 10, 2018 at 17:53
News
Nigerian SMEs to Leverage Cryptocurrency Industry
The bitcoin transaction volume increased in the first week of June this year to more than 1.5 billion (worth N1.4 billion) from 1.3 billion traded in the last week of May in Nigeria, Africa's biggest economy and most populated country. Individual investors made a lot of transactions using local exchanges compared to companies outside Nigeria that allow virtual currency dealings.
Bitpesa Allows African Businesses to Trade with Chinese Counterparts
Dec 29, 2016 at 12:02
News
Bitpesa Allows African Businesses to Trade with Chinese Counterparts
Bitpesa is a bitcoin exchange and Blockchain technology firm based in Nairobi, Kenya, that has recently optimized its platform to focus mainly on the massive trade between East Africa, Nigeria and China.
MMM Global Pyramid Scheme: A Way To Earn or Get Robbed?
Dec 27, 2016 at 15:24
Business
MMM Global Pyramid Scheme: A Way To Earn or Get Robbed?
Mmmglobal is a pyramid scheme authored by Russian fraudster Sergei Mavrodi. The scheme has numerous localized websites for every country or region where it operates. Recently, BCC authored a warning on mmmnigeria, the Nigeria chapter of mmmglobal citing it’s a scam aimed at stealing funds.
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