Ripple had the second largest market cap out of any cryptocurrency at the end of 2017, and it’s currently in third place (behind Ethereum and Bitcoin), according to CoinMarketCap. Each individual XRP token is worth $2.14, but there are a whopping 38.7 billion of them in circulation, indicating a...
Jordan Pearson For almost two years, hackers could have easily stolen your prized stash of bitcoins if you were keeping them in the popular software wallet Electrum, thanks to a critical security vulnerability that went unpatched until now. The vulnerability allowed any website (and anyone...
‘Bitcoin banned by Islam’: Egypt’s Grand Mufti issues fatwa against cryptocurrency Published time: 3 Jan, 2018 14:48 The Egyptian Grand Mufti has issued an official fatwa, banning bitcoin which soared in value over the $20,000 mark in December. Trade in cryptocurrency is similar to gambling...
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India’s finance ministry has cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, branding the ‘virtual currencies’ as akin to a Ponzi scheme. The warning comes a day after South Korea, a global hub for bitcoin trading, said it would ban anonymous cryptocurrency...
The head of Britain’s financial market regulator said bitcoin is not a real currency and warned people could lose all their money if they invest.
Andrew Bailey, head of the Financial Conduct Authority (FCA), told the BBC the cryptocurrency was not a secure investment and was similar to...
The value of bitcoin, the popular cyrptocurrency has hit an all time high. When it was first introduced, it goes for around $10 per coin, but now, it goes for around $5000 per coin. For Nigerian investors and those interested in investing, here are top 5 ways to convert your coins into Naira...
The value of digital currency bitcoin on Friday hit a record high on talks of approval of the first U.S. bitcoin exchange-traded fund by the Securities and Exchange Commission.
Bitcoin climbed to a record $1,298 on the BitStamp platform. Its last trading value on Friday was $1,263.01, up nearly...
Digital currency bitcoin on Thursday hit its highest levels in more than three years and was $3 short of an all-time peak.
This gain follows speculation that the first bitcoin exchange-traded fund (ETF) is set to receive approval from the U.S. financial regulator.
Traditional financial...
The Central Bank of Nigeria, CBN, recently issued a circular to banks and financial institutions, warning them of transacting businesses that involves virtual currency like bitcoin.
CBN's circular was a sort of mixed message- while it instructed bank and other financial institutions not to...
The Central Bank of Nigeria, CBN, has advised Nigerians against the use of virtual currencies, including bitcoin, ripples, litecoin.
Recall that the Securities and Exchange Commission, SEC, issued a similar warning last week.
The warnings came on the heels of announcement by Mavrodi Mondial...
The Securities and Exchange Commission, SEC, has restated its warning to the public against investing in MMM with crypto currencies such as OneCoin, Bitcoin and such other virtual or digital currencies.
Recall that the Mavrodi Mondial Movement recently introduced Bitcoin, said to be the...
The Nigeria Deposit Insurance Commission (NDIC), on Friday said the commission and Central Bank Nigeria, CBN had set up a committee to look into the trending “digital currency, ‘bitcoin’.
Alhaji Umaru Ibrahim, the Managing Director of the Comission said this at the ongoing 2016 Workshop for...
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November 29th - December 1st, 2016, in Nigeria, Lagos, the world’s fastest-growing brand-new cryptocurrency E-Dinar Coin will hold a conference on employing business strategic initiatives for an all seasonal productivity. The speakers will elaborate on the concept of cryptocurrency, blockchain...
It’s no secret that Blockchain technology is gaining momentum, and cryptocurrency becomes increasingly popular around the world. Today, there are many questions at issue for ordinary people. What is the difference between the usual money and cryptocurrency? What are its advantages over other...
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