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Oct 24, 2024 | 
technext24.com | Temitope Akintade
The latest report from blockchain analytics firm Chainalysis has placed Nigeria in the second spot on the list of countries leading crypto adoption globally. Also, the Chainalyisis report, titled the 2024 Geography of Cryptocurrency Report, says Nigeria received around $59 billion worth of crypto between July 2023 and June 2024. Other African countries that made the list include Ethiopia, Kenya, and South Africa who all clinched a spot in the top 30.
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Oct 23, 2024 | 
technext24.com | Temitope Akintade
The Federal High Court in Abuja has indicted Official Gredo Limited, a Nigerian crypto company, for conducting USDT/Naira transactions without a licence. According to a Nairametrics report, Official Gredo was convicted by Justice Inyang Ekwo of the High Court on Wednesday in accordance with the company’s plea bargain arrangement with Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC).
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Oct 22, 2024 | 
technext24.com | Temitope Akintade
The Nigerian authorities have dropped money laundering charges against the Binance executive, Tigran Gambaryan, according to a Premium Times report on Wednesday morning. According to the report, a lawyer representing the prosecutor, the Economic and Financial Crimes Commission (EFCC), announced the withdrawal of the charges at the Federal High Court in Abuja Wednesday morning.
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Oct 17, 2024 | 
technext24.com | Temitope Akintade
Africans are immensely talented but the educational system is on a huge decline. This challenge spurred Fiyin Odebunmi, a builder in the burgeoning Web3 ecosystem to co-launch (alongside Vandross Idiake) an Edtech project called Helicode, with a mission to give young developers a platform to achieve their on-chain dreams. Fiyin’s journey into the world of blockchain started in 2020, during the Covid-19 lockdown.
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Oct 16, 2024 | 
technext24.com | Temitope Akintade
Notable blockchain and crypto investigation company A&D Forensics has joined the Crypto Market Integrity Coalition (CMIC). The company is the first African firm to join the CIMC, a prestigious global alliance that includes blockchain industry giants like Coinbase and Circle. In a statement shared with Technext, the company noted that the move underscores its commitment to enhancing the integrity and security of the crypto and blockchain space within Africa and globally.
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Oct 14, 2024 | 
technext24.com | Temitope Akintade
Two Nigerian crypto companies, Paparaxy Global Ventures Limited and Lemskin Technologies Limited have agreed to refund a sum of 160 million naira to the Nigerian federal government. over unauthorised USDT transactions in the country This is according to a Nairametrics report on Monday. The two companies made this decision following an earlier indictment for conducting financial transactions, which include USDT/NGN trading, without possessing a valid license to operate.
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Oct 9, 2024 | 
technext24.com | Temitope Akintade
The South African Revenue Service (SARS), has announced a move to enforce tax compliance on crypto assets. According to local reports on Wednesday, the country’s tax authority has said taxpayers who hold digital currencies have to declare their holdings to enforce taxation. As a refresher, the SARS is mandated to collect all revenues due, ensure optimal compliance with tax and customs legislation, and provide a customs and excise service that will facilitate legitimate trade in South Africa.
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Oct 8, 2024 | 
technext24.com | Temitope Akintade
We now live in a world where everything, from grocery shopping to doctor visits, happens online. However, navigating new technology can feel like a daunting expedition, especially for older adults. As their children or grandchildren, we often find ourselves in the role of tech support. This article offers a narrative on how we can effectively support our parents and empower them to embrace the digital age with confidence.
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Oct 7, 2024 | 
technext24.com | Temitope Akintade
The idea of cutting back on screen time has become a growing priority for many people today. For instance, a recent survey by ExpressVPN reveals that 46% of Gen Z are actively taking steps to limit their screen time. However, the struggle to manage device use remains a challenge. This points to generational differences in how we approach screen time. Now, the rise of digital minimalism, a concept championed by author Cal Newport, emphasizes the need for deliberate technology use.
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Oct 3, 2024 | 
technext24.com | Temitope Akintade
Renowned Nigerian blockchain community, the Blockchain Nigeria User Group (BNUG) has announced its 2024 conference, the Decentralized Intelligence V-2 Conference. The event is billed to take place between October 10–11, 2024 in Lagos and it will accommodate a hybrid participation. According to the statement shared with Technext, this year’s edition marks the 15th of the annual national Blockchain conference series.
