Cryptocurrency Archives - Page 21 of 23

Iran Authorizes Power Plants To Mine Bitcoin, Gives Guidelines for Mining Licence

April 14, 2023July 30, 2020 by Opeyemi Quadri

It’s another good news for advocates of cryptocurrencies as Iranian authorities have given go-ahead to power plants in Iran to mine bitcoin and other cryptocurrencies. Mostafa Rajabi Mashhadi, deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has confirmed to IRNA. Electricity tariff as an impetus for bitcoin mining Cryptocurrency mining companies are … Read more

Hacker Transfers 2,500BTC from 2016 Bitfinex Breach

August 26, 2022July 29, 2020 by Opeyemi Quadri

About 2,500 stolen bitcoins (28 million US dollars) from the 2016 Bitfinex breach have been transferred from the hacker’s wallet, reported Whale Alert, an advanced blockchain tracker and analytics system reporting large and interesting transactions. In August 2016, there was a security breach on Bitfinex, leading to 120, 000BTC to the hacker, the largest breach in cryptocurrency … Read more

A1 Telekom Austria Now Accepts Cryptocurrencies

July 29, 2020 by Opeyemi Quadri

Austria-based telecom giant A1 Telekom Austria Group has started accepting cryptocurrencies from its millions of merchants. Operating in seven countries-Austria, Bulgaria, Croatia, Belarus, Slovenia, North Macedonia, and Serbia-the company disclosed that retailers would receive the purchase price in euros whenever customers pay with cryptocurrencies like bitcoin. The integration of crypto into its payment service is geared … Read more

Visa Plans to Integrate 61 million Merchants With Digital Currency Platforms

April 14, 2023July 29, 2020 by Opeyemi Quadri

A global payment technology firm Visa has announced that it is working to integrate its 61 million merchants into digital currency platforms. InfomediaNG gathered that VISA has already approached two licensed and regulated digital currency platforms, Coinbase and Fold to make the integration a reality. Why is VISA adopting digital currency? Visa said in a blog post … Read more

Cryptocurrency Abbreviations and Acronyms of Popular Coins

May 20, 2023July 28, 2020 by Editorial Staff

There are 9,723 cryptocurrencies around the world as of Saturday, May 20, 2023, and there is no limitation to the number of other crypto assets that are underway. BTC, LTC, ETH, are some of the abbreviations (currency stickers) associated with the Internet of money (digital currency), but there is also common cryptocurrency jargon (terms) generally … Read more

12 Effective Ways to Limit Crypto Investment Losses

October 24, 2022July 28, 2020 by Opeyemi Quadri

Since a Floridian man paid 10,000 Bitcoin for two pizzas on May 22, 2010, and entered its first ever in what is called a bull run by breaking $1 in April 2011, the excitement around bitcoin and crypto investment is no match to other assets. And ever since, the cryptocurrency markets have experienced ups and … Read more

How To Sell Bitcoin on Remitano in 42 Countries

April 14, 2023July 28, 2020 by Opeyemi Quadri

Remitano is a peer-to-peer cryptocurrency trading platform. In this guide, we’ll show you how to buy and sell bitcoin, ethereum on ramitano. Remitano provides escrowed peer-to-peer marketplace where digital coins buyers and sellers can trade at a lower price and with the presence of a 24/7 friendly customer care support. In this guide, we’ll also … Read more

What is Bitcoin Ponzi?

August 26, 2022July 28, 2020 by Opeyemi Quadri

If anyone promised you that your bitcoin investment would multiply by 50% within 24 hours, you need to think twice before you jump into such a business opportunity. It could be bitcoin ponzi. So what’s bitcoin Ponzi? Bitcoin ponzi is a questionable and fraudulent cryptocurrency investment that uses ponzi scheme business model to pay its … Read more

Which Cryptocurrencies are Nigerians Buying Most?

August 6, 2023July 28, 2020 by Editorial Staff

No one can precisely say which cryptocurrency Nigerians are storing for future gain, but it is obvious that some of them who trade crypto coins are excited to get involved in the most popular ones-bitcoin, ethereum, and litecoin-which are easy to buy and sell. However, a large percentage of the exciting ones are short-term traders. … Read more

3 Ways To Easily Convert Bitcoin To Naira in Nigeria

August 6, 2023July 28, 2020 by Editorial Staff

There are several ways bitcoin, ethereum and other cryptocurrencies can be converted to fiat currency including the Naira (NGN) most especially at a time countries around the world are coming up with anti-crypto policies. Nigeria, for instance, in February 2021 warned financial institutions to stop facilitating crypto-related transactions. It was a blow for hundreds of … Read more