AuthorOlusegun Ogundeji

China’s PBOC Meeting With Bitcoin Exchanges: On A Bright Side?

The price of Bitcoin has been growing steadily in what seems to be a recovery from the setback it suffered on Wednesday, January 18 following reported allegation of irregularities in the operations of major exchanges in China by the People’s Bank of China (PBOC). Officials of the Bank had met with key exchanges - BTCC, OKCoin and Huobi - on January 11 to remind them of their responsibility to...

Opinion: Nigeria Needs Bitcoin Regulation

Nigeria does not need to be one of the countries adopting a wait-and-see approach to regulate Bitcoin use and its adoption if it wants to beat undocumented capital outflow and block a potential means of funding extremists’ activities.

Google Searches for MMM Spike as Ponzi Scheme Suspends Accounts in Nigeria

Nigeria, Paxful

Google’s Communications and Public Affairs Manager for Anglophone West Africa, Taiwo Kola-Ogunlade, has confirmed that search for MMM became the biggest traffic on the top search engine site after Tuesday, December 13. On the said day, Nigerians participating in the MMM Ponzi scheme were informed that all confirmed subscriber accounts will be frozen for a month. Since the move is similar to what...

McAfee: Security is Key to a Bitcoin Future

Bitcoin Unocoin Altcoins

Technology pioneer and founder of the anti-virus product, John McAfee, has claimed that there is a need for a major shakeup in cryptocurrency security to prevent the virtual money world from crumbling. This is despite his view that there will be a cryptocurrency standard for the world soon whether governments like it or not and tracking money flow would be difficult as well as the irony created...

Blockchain Can Disrupt the Disruptors in Uber and AirBnb

A blockchain is precisely designed to solve the problem that arises when the sharing economy attempts to expand its  system for recording and enforcing who owns what when the thing being owned is granular and fast-moving, a programmer, blockchain expert and widely known economics blogger, has told The Guardian. Steve Randy Waldman says blockchain is a different way of keeping track of a normative...

US DARPA Takes Blockchain for Military Use

The research unit of the US Department of Defense has been working to fund efforts to find out if blockchain technology could help secure highly sensitive data, with potential applications for everything from nuclear weapons to military satellites. The Defense Advanced Research Projects Agency (DARPA) which acts to make pivotal investments in breakthrough technologies for national security, has...

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