Tags Cryptocurrency

Tag: Cryptocurrency

Scam: South African brothers vanish with $3.6 billion in Bitcoin

This is not the first time cryptocurrency scams are happening in South Africa. This comes just after last year’s collapse of another South African Bitcoin trader, Mirror Trading International.

Cryptocurrency: Dogecoin surges more than 25%, market cap grows to $54 billion on Coinbase listing this week

In early May they fueled the crypto asset’s rally to its all time high of 67 cents, per Coin Metrics. His appearance on SNL, in which he called dogecoin “a hustle,” just as easily sent the price crashing back down.

Bitcoin rises 5.6% to $49,337.72

Bitcoin, the world's biggest and best-known cryptocurrency is up 77.9% from the year's low of $27,734 on Jan. 4, and down 24% from the year's high of $64,895.22 hit on April 14.

Bitcoin crashes as Elon Musk announces Tesla cars can no longer be bought with cryptocurrency

He went on to clarify that Tesla would keep the money received as cryptocurrency, rather than converting it into a fiat currency such as dollars

African cryptocurrency exchange process $3.2bn in three years

Dogecoin was down 18.85 per cent. It had a live market cap of $60,978,133,650, a circulating supply of 129,545,137,245 DOGE coins, and its max. supply was not available.

Bitcoin loses market share

Bitcoin is valued above $58,000 and accounts for about 46 per cent of the crypto market. This is down from the 70 per cent share of the crypto market it held at the beginning of the year.

Dogecoin price surges as population trading app adds cryptocurrency for millions of new users

Unlike bitcoin’s fixed supply and relatively slow block times, the supply of dogecoin increases at a steady rate, making dogecoin inflationary with faster and cheaper transactions – qualities that some say make it ideal for use as a real-world currency.”

Bitcoin rises 4.2% to $50,947.94

Bitcoin, the world's biggest and best-known cryptocurrency, is up 83.7% from the year's low of $27,734 on Jan. 4. The currency's peak this year was $58,354.14 on Feb. 21.

Breaking: Cryptocurrency in Nigeria should be regulated, not prohibited- VP Osinbajo

“Decentralized finance, using smart contracts to create financial instruments, in place of central financial intermediaries such as banks or brokerages is set to challenge traditional finance. The likes of Nexo finance offer instant loans using cryptocurrency as collateral.

#EndSARS: Cryptocurrency was used to fund protest- ICPC chairman

ICPC boss noted that the anti-graft agency currently has a number of cases linked to Cryptocurrency but is unable to track the suspects

Bitcoin hits $50,000 for the first time in history

The cryptocurrency has been in the spotlight recently; receiving endorsements from Elon Musk, Tesla CEO, and Mastercard.

Cryptocurrency: CBN ban makes Nigeria unprepared for future, says Ezekwesili

“Our country’s DNA for irony is uncanny. At the same moment, as we celebrate one of our own leading a global trade institution, we have a memo from our Central Bank making country appear unprepared to embrace the future.”

Ethereum price hits record high amid ‘Cryptocurrency Gold Rush’

Ethereum’s resurgence comes amid a market-wide bull run that has seen major gains for most major cryptocurrencies, including bitcoin and litecoin.

SADC: The Biggest Blockchain Event out of Africa

It’s no more news that centralized social media giants are making fortune from user data while invading user’s privacy with unsolicited...

Facebook’s Libra cryptocurrency revamped after backlash

By Brenna Hughes Neghaiwi, Tom Wilson Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by...

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Scam: South African brothers vanish with $3.6 billion in Bitcoin

This is not the first time cryptocurrency scams are happening in South Africa. This comes just after last year’s collapse of another South African Bitcoin trader, Mirror Trading International.

Policeman shot by suspected kidnappers is buried in Ekiti

the late police inspector was survived by an 80-year old mother, Mrs Olubiyo Abiola, a young wife and four female children, who are all in primary schools.

CSOs blast NASS over embarrassing leaking roof, flood during sitting

“It would be helpful for the NASS to review maintenance expenditure budgets over years to see exactly why the complex has been so badly maintained that it now requires the level of refurbishment that is being contemplated.”

N895.8bn Supplementary Budget scales second reading in Senate

“It has become necessary to prepare the 2021 supplementary appropriation bill considering the urgent need to make provision for procurement and administration of COVID-19 vaccines.