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Nigerian innovator launches first active Bitcoin Lightning node in the country

The Lightning Network has struck the earth in one of the most challenging operating environments. Lagos, the capital of Nigeria — Africa’s most populous country — welcomed a new Bitcoin Lightning Network (LN) node this week, a vital step to better connect the continent to the layer-2 payments network that sits atop Bitcoin. The node runs on an old laptop powered by a diesel generator, as Lagos regularly experiences energy and electricity blackouts. Megasley’s diesel generator and laptop running the node. Source: Megasley  In a discussion with Cointelegraph, Megasley, who operates the first Nigerian Lightning node of 2023 and the first active Lightning node in the country (other nodes are dormant), shared his vision for bringing instant, low-cost payments to Africa thanks to the LN. ”L...

AAX clients storm exchange’s office in Lagos following operational halt

Nigerian customer’s of the crypto exchange AAX reportedly attacked the company’s office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according to local reports from Dec. 3.  Although it’s unclear when the assault happened, the Nigerian Blockchain Technology Association Stakeholders (SiBAN) confirmed the storm in an announcement on Nov. 28, urging angry users to be patient with the exchange’s workers, who were also impacted by the issues. SiBAN noted: “Therefore, we appeal to and discourage any dissatisfied or angry user or investor from harassing or victimizing the AAX Country Manager (Nigeria), other local staff members, and AAX ambassadors nationwide. These persons are also facing the same situation as disgruntl...

Nigeria becomes the most crypto-obsessed nation after April crash: Report

The crypto market crash in April saw most cryptocurrencies lose more than 60% of their valuation from the top, leading to an overall downturn in trading activity, investor interest and venture capital investment. A recent study has highlighted nations’ growing curiosity and interest in crypto after the April crash. The research was based on Google Trends data of popular crypto search terms that often reflect increased interest in the crypto market. The search history of each nation was then compiled to give an overall search score. The countries at the top of the list appear to be most eager to buy the dip. The Coingecko research highlighted a significant rise in curiosity among Nigerians after the crypto market downturn in April. The Nigerian population searched the term ‘cryptocurr...

Gunmen Kill Worshippers In Southwest Nigeria Church Mass Shooting

HipHopWired Featured Video Source: – / Getty Gun violence is a plague not only in the United States, but across the globe. On Sunday (June 5), gunmen killed dozens of people in a church attack in Southwest Nigeria in the city of Owo. According to the Associated Press, the shooters opened fire on worshippers in a Catholic church, while there were also gunmen waiting outside. At least 50 people including children were killed in the attack, according to a state lawmaker from the area. No one has claimed responsibility for the massacre, and local authorities said the gunmen had evaded capture. While northern Nigeria has battled an Islamic insurgency for more than 13 years, Ondo state has long been considered one of the most peaceful states in the country. Worshippers were attending Pentecost S...

MultiChoice Shares Soar as Nigerian Tax Dispute is Settled

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Nigeria’s Bayelsa State and Zipline Announce Major Medical Partnership

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Vibe killers: Here are the countries that moved to outlaw crypto in the past year

Last week, Pakistan’s Sindh High Court held a hearing on the legal status of digital currencies that might lead an outright ban of cryptocurrency trading combined with penalties against crypto exchanges. Several days later, the Central Bank of Russia called for a ban on both crypto trading and mining operations. Both countries could join the growing ranks of nations that moved to outlaw digital assets, which already include China, Turkey, Iran and several other jurisdictions. According to a report by the Library of Congress (LOC), there are currently nine jurisdictions that have applied an absolute ban on crypto and 42 with an implicit ban. The authors of the report highlight a worrisome trend: the number of countries banning crypto has more than doubled since 2018. Here are the ...

Nigeria vs Sudan live stream: AFCON 2022 preview, what time is kick off and team news

AFCON Group D resumes on Saturday with a pivotal contest between Nigeria & Sudan at The Stade Omnisport Roumde Adjia.  Nigeria won their opening game against Mohamed Salah’s Egypt. But, after faltering to a goalless draw vs Guinea Bissau last time out, opponent Sudan will know that anything less than a win v the Super Eagles is likely to put their knockout-stage dreams on ice. For information on how to live stream the match, a full preview, and all the latest Nigeria vs Sudan team news, read on: Nigeria vs Sudan live stream If you’re hoping to live-stream the AFCON group stage action between Nigeria and Sudan, look no further than LiveScoreBet. You can get yourself signed up at the betting site by clicking the link below. Then, just ensure your account is funded, or that you have ...

Nigeria vs Sudan betting offer: AFCON free bets

AFCON Group D gets back underway this Saturday when Nigeria & Sudan meet at The Stade Omnisport Roumde Adjia.  The Super Eagles managed to eke out a 1-0 win in their opening game against Mohamed Salah’s Egypt courtesy of a fine goal from Leicester City striker, Kelechi Ihenacho. Things didn’t get off to such a good start for Sudan though after the team ended up being fortunate to scrape a 0-0 draw against Guinea Bissau in their tournament opener. After a big win in the first match, Nigeria are now considered among the betting favorites to go all the way in the 2022 AFCON tournament, whilst Sudanese fans will know that their side desperately needs a win to stay competitive in the group. The importance of the game opens up all kinds of options for betting. But, if you’re thinking of...

Nigeria vs Egypt predictions: AFCON 2022 betting tips, odds and free bet

A heavyweight clash in Group D will see Nigeria lock horns with Egypt who are eyeing further dominance in the competition. Match Info Date; Tuesday, 11th January Kick-off: 13:00 GMT, Estadio Roumde Adija Sign up to Livescore Bet to claim their great welcome offer and watch Nigeria vs Egypt live Nigeria vs Egypt prediction The Pharoahs are the most successful team in the African Cup of Nations history, winning it seven times. Nigerians have won it three times and after finishing third in the competition in 2019, the Super Eagles would like to go one step further this time around. This is their 19th appearance in the competition and Gernot Rohr would be hoping to see his men do well against Mohamed Salah and co. Carlos Queiroz’s men are playing in the competition for the 23rd time and boast ...

Nigerian Social Media Star Shola Stirs Up Controversy Across Naija Twitter

HipHopWired Featured Video CLOSE Source: Education Images / Getty The term “Alpha Male” came into vogue on the heels of Kevin Samuels and his unflinching and controversial commentary on men, women, and relationships. Nigerian social media star Shola brought the term back to its buzzing ways by way of hosting a Twitter Space focused on the Alpha Male concept. Babatunde Olushola, who goes by the name of Shola online has amassed quite the following on social media and ruffled feathers via a tweet that took off and sparked a flurry of reactions across Nigerian users of Twitter. “So y’all getting Alpha male degrees now?” read a tweet caption via Shola’s @jayythedope Twitter account on Sunday (Jan. 2). The image featured a master’s degree diploma for “Alpha Male Studies.” This was coupled with a...

From eNaira to eHryvnia, a Caribbean fintech develops CBDCs around the world

Barbados, a paradise island in the West Indies, is known for its azure beaches, tidal waves, shipwrecks, homegrown grown Barbadian hospitality and, more recently, an influx of remote workers. Now, one can add cryptocurrency innovations to that list as well. Bitt, a Barbadian fintech firm developing blockchain technology, has successfully created the eNaira central bank digital currency (CBDC) for Nigeria and is on the path to creating an electronic hryvnia for Ukraine. In an exclusive interview with Cointelegraph, Brian Popelka, CEO of Bitt, discussed the technology behind the eNaira and the roadmap for the firm going forward.  Cointelegraph: Would you please describe the technology behind the eNaira digital currency that you created? Brian Popelka: It’s really a stablecoin...