Bitcoin
Snappa - a Canada-based graphics software firm has joined the herd of companies who are moving their cash holdings into Bitcoin. Announced on Monday, the startup says it is converting a significant amount of its cash reserves into Bitcoin (BTC); citing concerns over the global inflation and economic certainty as
Bitcoin
Bitcoin is popular among Nigerians for different reasons, including the speed of transfers, relatively low costs of transfers, and superior security standards of the blockchain network. A growing number of Nigerians find that they can invest responsibly in Bitcoin to help to lower the losses that they incur from transactions.
Bitcoin
Yearn.Finance governance token - YFI is currently trading at a price higher than Bitcoin (BTC) after it spiked to about $16,600 last week before correcting to current price of $13,371 at time of publication. The cryptocurrency token's price increase is basically attributed to the hype
Bitcoin
Dave Portnoy - Barstool Sports founder turned stock market trader has exited the cryptocurrency space; just one week after starting his journey with Bitcoin. The influential stock trader (@stoolpresidente) had announced his interest in Bitcoin to his 1.7 million followers, and after a meeting with the Winklevoss Twins proceeded
Bitcoin
A report by Chainalysis reveals that over $50 billion in cryptocurrency has been transferred from wallets in China to other parts of the world over the last year. The transfers out of China may be caused by Chinese citizens using cryptocurrency to transfer their money out of the nation where
Education & News
MicroStrategy, a Nasdaq-listed business intelligence company worth $1.2 billion has invested in Bitcoin as its primary reserve asset. CNN reveals that the company, owned in-part by BlackRock, purchased 21,454 Bitcoin worth $250 million. CNN on BlackRock's 15.24% Stake in Bitcoin According to data provided by
Bitcoin
An anonymous individual transfers 19,722 BTC worth over $243 million for a fee of only $139. The transfer was made in one of the richest Bitcoin wallets in existence. Whale Transfers over $243 Million in Cryptocurrency The transfer was identified by a whale-watching bot Whale Alert. The wallet from
Education & News
Layer1, a Bitcoin mining firm funded in-part by PayPal co-founder Peter Thiel has been accused of copyright infringement. A lawsuit was filed against Bitcoin(BTC) mining firm Layer1 for patent infringement. Mining Company of Paypal Founder Faces Legal Hurdle A complaint filed on August 14 suggests that the power usage
Bitcoin
MicroStrategy (MSTR) - a Nasdaq-listed and world's largest business intelligence firm has become the first publicly traded company to buy Bitcoin (BTC) as part of its capital allocation strategy. Announced on Tuesday, the company says it has purchased 21,454 BTC (about $250 million at current market price)
Bitcoin
In a Tweet made on 11 August, cryptocurrency exchange, NairaEx announced a 1,000 giveaway. It encouraged readers to check the jackpot tab for more details on the giveaway. NairaEx Announces Giveaway In these times of great uncertainty for many of the world’s economies, contributions by those with more
Bitcoin
The New York State Department of Financial Services (NYDFS) has issued an approval notice allowing crypto firms in the state to hold, list, and trade ten selected (10) coins and tokens. According to an announcement on its website, the NYDFS has green-lighted eight (8) cryptocurrencies for listing and custody they
Africa
Nigeria has outperformed the rest of the world in Bitcoin interest over the past three (3) months. According to a report by crypto wallet app - Blockchain.com, Nigeria ranks as the highest source of Bitcoin (BTC) trading volume in Africa, and one of the world's fastest growing