Chris Maurice and Justin Poiroux ventured into cryptocurrency trading just to make a little money when both were undergraduates at Auburn University, Alabama. But what seemed like personal stuff grew bigger such that multi-million dollar companies took interest in what is today known as Yellow Card Financial – the owners of Yellow Card Crypto Exchange … Read more
Four Nigerian banks – Access, Providus, Sterling and First Bank – are collaborating with others to unveil cNGN token, a new stablecoin aiming to take decentralized finance to a new level. They are to operate under the name, “Africa Stablecoin Consortium (ASC)”. ASC is a consortium of Nigerian financial institutions, fintechs, and blockchain experts. The … Read more
After 34 months of its anti-cryptocurrency policy, Nigeria’s apex bank has lifted ban on cryptocurrency ban, saying all financial institutions can now support and facilitate crypto-related transactions. Its latest operational guidelines on Virtual Assets Service Providers (VASPs) to all banks and other financial institutions (OFIs) is a shift from its autocratic policy against crypto, even … Read more
Key Takeaways: What is Tether Gold (XAU₮)? Tether Gold (XAU₮) is a form of stablecoin backed by physical gold which provides you ownership on a 1:1 basis of one fine troy ounce of gold on a physical bar of gold. The power of blockchain technology gives you access to a stablecoin, which provides ownership of … Read more
Delaware is unique among US states because of its favorable tax benefits and business-friendly legal environment. Delaware is a desirable place to start a business because it gives investors and entrepreneurs several important advantages. Delaware, one of the smallest states in the country, is home to over a million businesses, including half of all US … Read more
What is BitForex Token? The native digital asset of BitForex exchange is BitForex Token. Digital asset trading, loans, and asset management are some of the services provided by the exchange. Security warning: BitForex Exchange is no longer available. The founders’s whereabouts are unknown following their disappearance with about $60 million in users’ money. The official … Read more
Jason Lou and Luca Lu are the two brains behind one of the World’s leading digital asset trading platforms, BitForex. Security Alert!: There is every possibility that the founders of Bitforex Exchange have disappeared with their users’ money following the withdrawal of $57 million from the exchange’s hot wallets. At the time of this update, users … Read more
There are many dramatic events in the price of Bitcoin in December 2023, which isn’t surprising anyway. First, it crossed $40k for the first time since April 2022. April 28, 2022, was the last time BTC touched $40,269.47, before slipping below $40k. Second, it took a nosedive movement – below $41,000 on the 11th of … Read more
After closing at $34,667.78 USD/Bitcoin in October, Bitcoin began November on a promising note at $34,657.27/BTC with $35,527.93 as the highest price for the day, before closing the day at $35,437.25. For the first time in the year, it reached $38,415.34 on November 24, 2023, and finally ended the month at $37,712.75 Even at that, … Read more
After closing at $26,967.92 USD/Bitcoin in September, Bitcoin price on October 1 showed no major upset, opening the day at $26,967.40, before closing the day at $27,983.75. Interestingly, BTC price traded above $35K for the first time in 2023, reaching $35,150.43 on October 24, before slipping back to $33,901.53 by the end of the day. Here is an … Read more
El Salvador has launched its “Adopting El Salvador Freedom Visa Programme” which will hand over automatic citizenship to investors who invest at least $1 million of Tether USDt or Bitcoin in the country. Main Points: It is one moves by Central American country to attract long-term residents to the country. El Salvador hit the headlines … Read more
Tether is a fiat-collateralized stablecoin pegged 1:1 to the US Dollar (USD) that offers its users a hedge of transacting with blockchain-based assets with the sole aim of mitigating price risk. Tether is powered by blockchain technology and primarily issued on the Ethereum and TRON blockchains with USD sitting in bank accounts. Key Takeaways: History … Read more
Reeve Collins is a leading voice in the Blockchain and cryptocurrency space. He was the first to create the technology to make programmable “Smart” NFTs, a breakthrough in a digital representation of ownership. He co-founded Tether alongside Brock Pierce and Craig Sellars and was the CEO from 2013 to 2015. Before this co-founding Tether, Reeve founded Pala … Read more
From entertainment to blockchain technology, Brock Pierce is a prominent figure in cryptocurrency. He founded Internet Gaming Entertainment (IGE) in 2001 and four years later, Pierce disclosed that IGE accounted for about 50 per cent of internet gaming in the United States. In 2013, he founded Blockchain Capital, a venture capital, that reportedly raised $85 million in … Read more
Craig is a Blockchain innovator and a co-founder of stablecoin, NFTs, and Tether. He is also a member of Omni Foundation, where he uses Omni Protocol to allow users to create and trade smart-contract-based properties and currencies on top of Bitcoin’s blockchain. He was an advisor to Block.one between April 2017 to 2018, before joining OmniBOLT (Basis … Read more