Cryptocurrency

Crypto Taxation In Nigeria: How Much Will I Pay On Digital Asset Profits?

Let’s get straight into it: gains on cryptocurrency are taxable in Nigeria following the signing into law of the 2023 Finance Bill on May 28, 2023, by former President Muhammadu Buhari. Although, the law became effective on May 1, 2023. How much is taxable on crypto gains in Nigeria? Traders of digital assets are compelled […]

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Bitcoin Price for May 2023

Bitcoin (BTC) opened in May at $29,227.10 and closed the day at $28,091.57, although some analysts remain positive about BTC price in May 2023. It is trading at $26,852.57 at the time of publication. Hopes are high among traders that it will do better than April 2023 when it ended the month at $29,297.56. It must be

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Exploring Web3 Wallets: Empowering the Future of Decentralized Apps

Web3 wallets have become an essential part of the rapidly developing blockchain technology ecosystem, completely changing how we interact with decentralized apps (dApps). Web3 wallet is playing a crucial part in determining the future of decentralized finance (DeFi) and beyond by securely storing digital assets, enabling smooth transactions, and giving users complete control over their

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Bitcoin Price in February 2023

The opening price for Bitcoin (BTC) on February 1 was $23,022.95, closing at $23,083.21. By February 28, it opened at $23,525.72 and closing the month at $23,408.23 with a slight difference from BTC price in January 2023 Here is Bitcoin Price timeline from February 1 to February 28, 2023: Date Open Close February 28 23,525.72 23,408.23 February

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Crypto Mining 101: Understanding the Process and Its Impact on the Environment

The process of confirming transactions and adding them to the blockchain is known as cryptocurrency mining. In exchange for their efforts in confirming transactions, miners are paid with cryptocurrencies. Mining involves a lot of energy and computation, which has raised questions about how it may affect the environment. The process of crypto mining and its

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