This era is a digital era and people evolved over the years. So is the evolution in the currencies. Today’s technology made new innovations and cryptocurrencies are the most important innovation. They have interwind the world through the financial transactions. The famous form of cryptocurrencies is the bitcoin. It was publicly established by Satoshi Nakamoto […]
Bitcoin trading automation platforms are now an exclusive community expressly built for those who want to get involved in the bitcoin action. You will see the crazy returns that cryptocurrency provides, and others have amassed large fortunes from selling. Participants enjoy lavish holidays and the finer things in their lives while making passive income from […]
Since the creation of Bitcoin in 2009, many faultfinders have censured cryptocurrencies as extortion or through and through bubbles. More nuanced opinions have contended that such monetary standards are as they were there to bolster installments for illicit exercises or simply waste assets. Advocates point out, based on cryptographic standards to ensure security. These unused monetary […]
Ladesope Ladelokun with Agency report Not less $1 billion will be spent in Bitcoin in illegal online marketplaces this year, according to a report by Chainalysis. While the crypto community is excited about the possibility of wide adoption of Bitcoin, criminals have embarked on ceaseless spending of their coins on the dark web for buying […]
Bitcoin is a type of cryptocurrency in which balances are kept using public and private “keys,” which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key, similar to a bank account number, serves as the address which is published to the world […]
Crypto-currencies are killing people in a “fairly direct way”, Microsoft founder Bill Gates has said. He was referring to the way digital currencies like Bitcoin are used to buy drugs like synthetic opioid fentanyl. In an “ask me anything” session on news website Reddit, he said that the anonymity of digital currencies meant they were […]
The Central Bank of Nigeria (CBN) has again cautioned Nigerians to be wary of investments in cryptocurrency as they are virtual currencies that are not legal tender in Nigeria. Isaac Okoroafor, the bank’s acting director, corporate communications, in a statement on Wednesday in Abuja, said cryptocurrencies such as Bitcoin, Ripples, Monero, Litecoin, Dogecoin, Onecoin, and […]
Despite several warnings by the Nigerian finance regulator against Bitcoin, world known cryptocurrency,investors globally are now getting their fingers burnt, as it continued to crash, checks by The Daily Times have showed. After the bitcoin craze rose to a near-fever pitch in 2017, several investors and analysts this year, are predicting more growing pains for […]
A top Egyptian cleric has forbidden Muslims from trading in crypto currency and BITCOIN alleging that the instrument is usually deployed to fund terrorism and is forbidden in Islam. The Grand Mufti of Egypt explicitly prohibited trading in Bitcoin, explaining that it is forbidden in Islamic Shari for the risks it holds, and its been […]
The financial sector insurance regulator, the Nigerian Deposit Insurance Corporation, NDIC, has again warned Nigerians against the risk of trading with digital currencies not issued by the Central Bank of Nigeria, CBN. The Director Research, Policy and International Relations, NDIC, Mohammed Umar, said on Thursday in Kano that the mandate of the corporation does not […]
The Central Bank of Nigeria (CBN), has ruled out transactions in bitcoin and other virtual currencies by any bank in the country. The apex bank, in a circular to all banks on Tuesday, signed by its Director of Financial Policy and Regulation Department, Kelvin Amugo, said the move was necessitated by money laundering and terrorism […]