A cryptocurrency investor has shared his experience on how he purchased his first bitcoin in 2013 when some of his friends were “freaking out” In a thread, the Reddit user Legacy, didn’t say when exactly he made a purchase and how much he invested seven years ago, but we could deduce excitement from his story, … Read more
Nigeria’s plan to generate a whopping $10 Billion from blockchain by 2030 received a boost a few hours ago as the Ministry of Finance mandated the Security Exchange Commission (SEC) to come up with a framework for the adoption of cryptocurrency in Nigeria. The move is seen as an impressive step by Nigeria to be … Read more
The blockchain industry in Nigeria is growing astronomically and as usual, scammers are out there to exploit unsuspecting interested individuals who want to invest in cryptocurrency. To curb the excesses of crypto scam and fraud in the blockchain space, the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) was birthed in 2018 with Paul Ezeafulukwe as … Read more
United States-based asset manager Digital Asset Investment Management (DAiM) has launched bitcoin retirement plans. It is the first employer-sponsored retirement plans that support investments in Bitcoin in the U.S The company in an announcement on Thursday, November 19, 2020, hinted that DAiM will serve as the advisor and fiduciary in helping companies “create a 401(k) plan that … Read more
A billionaire technology entrepreneur and CEO of Japanese conglomerate SoftBank Masayoshi Son says bitcoin is hard to understand, saying the most valuable digital asset is “distracting his own focus on his own business”. Son stated this at the New York Times DealBook conference, where he confessed spending about five minutes each day watching Bitcoin prices fluctuate, Business … Read more
Ex-American rapper Sir Robert Bryson Hall II popularly known Logic has bought six million US dollars in bitcoin, becoming the latest star to dive into the world of the most valuable asset. In a video posted on his Instagram verified account @NoJumper, Sir Robert Bryson Hall II, born January 22, 1990, bragged that he bought six million … Read more
One of the world biggest cryptocurrency exchange firms Gemini has chosen ClearBank to provide banking services for its customers in the United Kingdom. The latest partnership with ClearBank means the exchange company will be consolidating on its access to U.K. payment rails, such as Faster Payments and the Clearing House Automated Payment System (CHAPS). In a statement … Read more
One of the largest cryptocurrency exchange Binance has sued Forbes for a misleading article leading to “millions of dollars” in losses. Filing the lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, Binance claimed that “Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To … Read more
PayString may soon become Ripple’s new payment service considering the newest trademark application filed by the San Francisco-based blockchain firm. The report revealed that Ripple registered PayString as a trademark at with the U.S. Patent and Trademark Office (USPTO) late last week. The name is classified in the U.S. under the general categories “Advertising and … Read more
Some Nigerians who abandoned their crypto portfolio are back on trading following the latest surge in the price of bitcoin. It isn’t just Nigeria, the trend started when BTC surpassed $10K a few months ago, some Indians are doing the same. In crypto forum, telegram group which was created by one of Nigeria-based crypto platform, … Read more