There were 17.91 million cryptocurrency traders in Indonesia in contrast to the 11.54 million stock traders at the end of September 2023. The prediction that crypto traders would surpass stock traders in the country had been handed down since 2018 five years after it came to pass. Percentage of Indonesia That Are Crypto Traders The … Read more
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