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
News
The price of Dogecoin (DOGE) is down another 1.7% over the day and almost 10% on the week, dropping to a two-month low of $0.073, according to data from CoinGecko. The world’s largest meme coin last traded at these levels on January 8 amid the resurging crypto
News
Barely two days after Binance owner Changpeng Zhao publicized his intent to assist contender FTX, Binance mentioned that it is no longer pushing through with its FTX acquisition transaction. In a twitter thread, the CEO analyzed his new decision to pull out of the contract it made with the FTX
Uncategorized
Cryptocurrency loaning protocol Nexo has committed extra funds to its buyback agenda, allowing the firm a more tactful capacity to acquire back its native crypto assets for better interest output or calculated ventures in the long run. On August 30th, the protocol announced that the central management board had agreed
Uncategorized
TerraUSD (UST) stablecoin, over the weekend, slightly lost its dollar peg and fell to $0.98 as against the usual $1.00. It, however, bounced back on Sunday. Similarly, its native token (LUNA) plunged by almost 20% after its co-founder Do Kwon launched an FUD - fear, uncertainty and doubt-
News
Following the formation of the Crypto Market Integrity Coalition (CMIC), 13 crypto-based protocols have joined the association which was founded barely two months ago. Among the new members are TRM Labs, Kaiko, Elliptic, Gemini, Chainalysis and Robinhood. CMIC, which was originally established by 17 crypto exchanges and firms from around
Bitcoin
Popular trader - (@PeterLBrandt) who called the timing of Bitcoin's price dump in January 2018, has again shared his thoughts on the number one cryptocurrency via Twitter. Peter Brandt who maintains that Bitcoin is in its parabolic phase, has posted a chart indicating that BTC could rise as
Blockchain
The official launch of Ethereum Beacon Chain Genesis (ETH 2.0) will go ahead on December 1, 2020 at 12 UTC. This date was confirmed after it hit its deposit contract threshold of 524,288 Ether about nine hours before the deadline. At this time, it has amassed deposits from