Quidax – DIGIT INFO

Nigerian Entrepreneur: Recent Regulatory Moves Signal Support for Crypto

DIGIT — Sun, 22 Sep 2024 11:30:00 +0000

While Nigerian authorities have generally been perceived as having an anti-crypto stance, recent developments on the regulatory front suggest a shift toward supporting crypto businesses. Buchi Okoro, CEO of the digital asset exchange Quidax, which recently obtained an operating license, believes these developments could lead to broader adoption of crypto assets in Nigeria. Quidax Wins […]

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Nigeria’s SEC issues first license to local crypto exchange

DIGIT — Mon, 19 Aug 2024 07:16:21 +0000

As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements.

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Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX

DIGIT — Sat, 10 Dec 2022 09:30:06 +0000

After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million simple agreement for future equity (SAFE) grant from the now-collapsed crypto exchange FTX. Chipper Cash has also reportedly laid off 50 employees as it seeks […]

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Report: Nigerian Crypto Exchange Quidax Cuts Its Workforce by 20%

DIGIT — Mon, 28 Nov 2022 09:30:47 +0000

As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its workforce. Despite the layoffs, Quidax reportedly told its customers it is ‘not going anywhere, anytime soon.” ‘No Relationship With FTX’ The Nigerian […]

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Report: Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million

DIGIT — Mon, 02 May 2022 09:30:43 +0000

Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of moving an equivalent of over $215 million from Nigeria to Kenya between October and November 2020. Powerful Kenyan Politician Assists the Alleged Money Launderers The […]

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Quidax Unveils One of Africa’s Biggest Music Producers as Its Brand Ambassador and Announces the Launch of Its Crypto Academy

DIGIT — Mon, 28 Mar 2022 13:00:42 +0000

PRESS RELEASE. At a press conference last week, African founded cryptocurrency exchange, Quidax announced that it will be collaborating with popular record producer, Micheal Collins popularly known as Don Jazzy. The crypto start-up had launched an online campaign with #TheQuidaxCall. The campaign which started on Tuesday, 15th March saw Quidax reveal celebrities like; Diane Russet […]

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Quidax Becomes the First African Crypto Exchange to be Listed on CoinMarketCap

DIGIT — Tue, 08 Mar 2022 14:00:07 +0000

PRESS RELEASE. Last week Africa founded cryptocurrency exchange, Quidax, announced that its crypto markets had been listed on CoinMarketCap, the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency ecosystem. With this announcement, Quidax is the first fully African owned crypto exchange to be listed on CoinMarketCap. This listing represents a milestone […]

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Polygon Enters Into Africa With Quidax. Quidax to Launch Self-Service Listing, Celebrates 3 Years

DIGIT — Tue, 17 Aug 2021 13:00:17 +0000

PRESS RELEASE. Lagos – African-founded cryptocurrency exchange, Quidax is integrating with Polygon. Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Quidax’s integration with Polygon is Polygon’s first in Africa and represents a significant milestone as it gains increased developer adoption. As part of the integration, Quidax has listed Polygon’s native […]

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African Crypto Exchange, Quidax Raises 7,772 BNB on the Worst Day of Crypto in Less Than 48 Hours

DIGIT — Mon, 24 May 2021 13:00:07 +0000

PRESS RELEASE. On what could be tagged as the worst day of crypto this year, African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. The crypto market suffered its first major dip in 2021 on Thursday, May 19, 2021 with Bitcoin dropping as low as $30,000 from highs of […]

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African Founded Crypto Exchange, Quidax Partners With Popular Defi Platform, JulSwap

DIGIT — Tue, 18 May 2021 21:21:51 +0000

PRESS RELEASE. Cryptocurrency exchange Quidax officially announced a partnership with JulSwap. JulSwap is one of the biggest decentralized exchanges (DEX) on the Binance Smart Chain Ecosystem. Quidax also announced that it will be launching its ecosystem token, QDX, on JulSwap’s launchpad Julpad on May 19, 2021, at 10 am (UTC) QDX will be the first […]

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