Education & News
The crypto market is very unpredictable. This is because coin prices move faster than you can blink, and this means you have to understand how to move on these streets. To be a successful crypto trader, you need to know how to do crypto research and make informed decisions. To
Education & News
Sending money to and from Africa has been on a steady rise. This is because a vast number of Africans have migrated to the West and routinely need to send money back home to their families. In 2019, remittances to Sub-Saharan Africa were pegged at $550 billion. This figure declined
Education & News
Since the release of the Bitcoin whitepaper in 2008, the term cryptocurrency has gradually become a household word worldwide. The coin is now being used as a means of investment in several countries, including Nigeria. In November 2021, Bitcoin achieved its all-time high price of $68,000. Bitcoin which remained
Education & News
With the dwindling economy, Nigerians are increasingly sourcing means to earn money. While unemployment is at record levels, salary earners can barely meet their daily needs. Currently, there is a pressing need to meet basic living requirements through several needs. With many chasing side hustles such as ride-hailing driving, others
Education & News
Scams have become a recurring issue in the cryptocurrency industry, leading to the loss of huge sums. In 2022, the crypto industry recorded the highest number of scams yet. Protocols affected include the Ronin Network, Axie Infinity, Harmony Network, and Li Finance. This article explores crypto scams, and how to
Education & News
Trading cryptocurrencies such as Bitcoin can be done easily with the vast availability of exchanges. However, challenges may be encountered. One such challenge is delayed speed. From the beginning of December 2023, delays in Bitcoin transactions were reported with fees reaching as high as $40. How can you speed up
Education & News
Recently, inflation has maintained its pace, affecting global economies. Nigeria, itself, is not an exception. Nigeria, just like other countries, failed to fully recover from the impact of Covid-19. With stringent measures being taken to sustain the value of the Naira, inflation is at recorded levels. Companies such as Jumia
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A federal magistrate judge in New York has denied the Securities and Exchange Commission's request for immediate access to Binance US's software, asking the regulator to provide more specific requests for discovery. The decision was made during a hearing held on September 18, 2023, to discuss
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A bipartisan group of nine US senators have publicly backed Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act, according to a statement from Warren's office on September 18, 2023. The bill, which was reintroduced by Warren in July 2023 with the support of Republican Senators Joe
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The popular cryptocurrency exchange Remitano was allegedly hacked on September 14, 2023, with hackers stealing a total of $2.7 million worth of crypto. The exchange has since confirmed the hack and said that it is working with law enforcement to investigate the matter. According to blockchain analytics firm Peckshield,
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The crypto market experienced significant outflows in August, with investors withdrawing a total of $55 billion from exchanges, according to a report released by crypto exchange Bitfinex. The report, which analyzed data from multiple exchanges, found that the outflows began in early August and continued throughout the month. The largest
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The Securities and Exchange Commission (SEC) is using artificial intelligence (AI) to monitor the financial sector for signs of fraud and manipulation, SEC Chair Gary Gensler confirmed on September 12 in a Senate oversight hearing. Gensler said that the SEC is using AI to "identify patterns of suspicious activity,