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Why is Nigerian authority worried over Bitcoin and other digital currencies?

The adoption of bitcoin and other digital currencies by some Nigerian Foreign exchange operators, domain registrars and web hosting firms is gaining momentum even years after it has been adopted in some major countries like South Korea, Japan, United States etc. Bitcoin is the most valued cryptocurrency in the world, and considering the value of Nigerian […]

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Crypto Ads Ban: JPB Liberty Sues Google, Facebook, Twitter, Asking $600M In Damages

An Australian-based law firm on behalf of its clients has slammed a multi-billion dollars lawsuit against major social media platforms, Facebook, Twitter, and Google for banning cryptocurrency-related ads on their platforms. The lawsuit could cost the tech and social media giants $300 billion, claiming that the crypto ads ban has negatively impacted the progress of

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FULL LIST: Bill Gate, Kanye West, 22 Richest Twitter Accounts That Were Hacked In Crypto Scam

Verified Twitter accounts of World richest people Bill Gates, Elon Musk, Kanye West, Michael Bloomberg, Warren Buffett were hacked on Wednesday, July 15, 2020 Hackers tweeted that they were “giving back” 5000 BTC ($45,889,950) to their community The crypto address linked to the scam has allegedly received more than 11.3 BTC, or roughly $103,960 (N40,284,500) Hackers on Wednesday,

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3 Reasons US Army Want To Track Cryptocurrency Transactions

If the US Army have the way, one thing that makes cryptocurrency anonymous may be defeated. This is because they’ve requested information on web-based crypto tracking tools. The tools according to report, would enable the U.S. Department of Defense and the U.S. Army to conduct in-depth investigations into the source of crypto transactions and provide multi-currency

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Amazon Kaleido Blockchain Launched

Amazon is adopting a blockchain technology which is Ethereum-based cloud platform called Kaleido for its Amazon Web Services, which will assist customers to do things faster. “Introducing Kaleido to AWS customers is going to help customers move faster and not worry about managing blockchain themselves,” says Amazon Web Services. Kaleido is Ethereum-based, and Amazon’s newest technology which

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Kenya to create special unit for Cryptocurrency related issues

Kenya’s Capital Markets Authority (CMA) is proposing the creation of a special unit to handle ICOs and cryptocurrency related issues. CMA Chief Executive Paul Muthaura said the unit would include all relevant regulators in the financial market in the country. This is found in Capital Market Soundness Report, “Staying the course in a Turbulent World of Increasing

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Cryptocurrencies are real, JPMorgan Co-President Pinto says

Co-President of JPMorgan Chase Jerry Pinto knows that ‘cryptocurrencies are real, but he wants them really evolve to become a viable financial products. “Cryptocurrencies are real but not in the current form,” Pinto was quoted as saying by CoinTelegraph. The financial institution has been finding it hard to ignore the digital sector since bitcoin boom

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Visa, Worldpay accept responsibility for Coinbase overcharging

Two major payments partner of Coinbase, Visa and Worldpay have accepted responsibility for overcharging Coinbase customers. In one of our posts yesterday, we reported that Coinbase customers took to reddit and other social media channels to complain about huge charges they incurred buying cryptocurrency on Coinbase. Some of the customers concluded that the overcharges were

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