Tag Archives: Bitcoin

Bitcoin investors have reacted to the American billionaire founder of Berkshire Hathaway, Warren Buffett throwing shade at the cryptocurrency during his company’s annual shareholders’ meeting at the weekend. Buffet, who is worth $116.8 billion, said he wouldn’t buy all the bitcoin in circulation for $25, as he doubled down on …

The Chief Executive Officer of Binance, cryptocurrency exchange platform, Changpeng Zhao has revealed that the  281 Nigerian accounts were restricted due to suspicion on fraud-related activities. Recall that #BinanceStopScammingNigerians was trending on Twitter last week, as many Nigerians voice out on how their accounts were suspended and restricted. However, the …

Investment in blockchain and crypto in the first half of 2021 was more than 100 per cent of all investments in blockchain and crypto in 2020. This was disclosed in KPMG’s ‘Pulse of Fintech H1’21’ report. According to the report, investments in crypto have soared past the previous annual record …

The number of cryptocurrency ATMs has exceeded 24,000 globally, according to the crypto ATM tracking website Coinatmradar. At the time of writing, the total number of crypto ATMs worldwide stands at 24,022 locations. The machines are located in 75 countries. And Out of 75 countries with crypto ATMs, the U.S. …

The amount of bitcoin held on exchanges has been on a steady decline since mid-May, and at current level’s exchange supply is at its lowest since early January according to crypto analytics firm Santiment. Santiment said, “The six-month low is a promising sign, as it generally will indicate that there …

Bitcoin falls to a two-week low after China announced it had summoned bank chiefs to reiterate the ban on providing cryptocurrency services. Bitcoin fell to a two-week low amid an intensifying cryptocurrency crackdown in China. The largest virtual currency fell 10% to $32,350 as of 8:50 a.m. in New York. …

By Elvis Eromosele Cyber-attacks are on the rise. It is a wonder people still appear surprised despite numerous warning from cybersecurity experts. It is one of the downsides of a growing connectedness and digitalisation. Ransomware attacks are proving particularly lucrative. Take the attack on Colonial Pipeline, one of the largest …

China government has placed a banned on financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrency, such as registration, trading, clearing …

PayPal Holdings Inc. is looking to expand its lucrative business of enabling customers to pay merchants with crypto assets, but the digital payments company doesn’t yet plan to invest in these assets, Chief Financial Officer John Rainey said. “It is still a highly volatile asset right now,” Mr. Rainey said, …

Bitcoin hit a record-high near $45,000 on Monday after Elon Musk’s electric carmaker Tesla invested $1.5 billion in the digital currency. Bitcoin hit $44,795.20 around 1325 GMT, before cooling slightly to $44,207.95. The cryptocurrency is up by around 50 percent since the start of the year. “This is probably one …