Author: Temitope Akintade

According to a CNBC report, payments giant MasterCard on Tuesday launched a software product called Crypto Secure, which is designed to help banks and other card issuers identify and block suspicious transactions from crypto exchanges. How this will work  Crypto Secure would incorporate insights and technology of CipherTrace, a blockchain security firm which Mastercard acquired last year, to help card issuers assess the risk profile of crypto exchanges. The novel initiative will present issuers with a dashboard that accurately identifies exchanges, measures transaction approval and decline rates and provides a benchmark rating for comparison to a peer group of financial…

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Source: Forbes If you’re conversant with the crypto space, you would have heard distant stories of a certain poor person, who bought bitcoin when it had literally next to no value. But was rewarded with fortunes when crypto became more mainstream and market prices skyrocketed. You would also have heard of extremely skillful and sometimes lucky traders/investors who earned huge returns on their capitals by trading/investing in crypto. Many of those stories are true and cryptocurrencies really change people’s life trajectories for real. In this article we are going to examine the top ten people that became wealthy with crypto,…

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It is no longer news that flagship asset bitcoin and other cryptocurrencies have been on a downward spiral since the start of the year. In fact, pundits and analysts have branded the 2022 market as a bearish one. There are two factions in the crypto community at the moment, those that believe the worst is yet to come, and bitcoin is heading below its current levels to plunge to $10,000. On the other side, there are optimists that are of the opinion that bitcoin is definitely going to overcome its current struggles, and $50,000 – above is plausible. Which faction…

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Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the creation of its new Global Advisory Board (GAB), composed of distinguished experts in public policy, finance, economics, and corporate governance. According to the announcement, the purpose of the board is to advise Binance on some of the most complex regulatory, political, and social issues facing the entire cryptocurrency industry due to its rapid growth and evolution. The new board is composed of well-known 11 members which include two Africans, Leslie Maasdorp from South Africa and Ibukun Awosika from Nigeria. Others include Former U.S. Ambassador to the People’s Republic…

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The crypto space has been around for barely a decade but it has gained significant worldwide popularity and acceptance in the past couple of years. And now prominent international bodies are now paying attention to the technology behind it. The International Monetary Fund(IMF), a world acclaimed financial body, has released a report in September 2022 which substantiates the fact that crypto has now gained more mainstream acceptance. According to the report which was released on September 5, titled “REGULATING CRYPTO: The right rules could provide a safe space for innovation” and co-authored by the Deputy Director of IMF’s Monetary and…

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The events of late 2016/early 2017 are still fresh in the minds of Nigerians. Mavrodi Mundial Moneybox popularly known as MMM was a darling of many Nigerians all through 2016 till it started encountering difficulties in discharging its duties towards the end of the year. The reason why MMM was a heartthrob of Nigerians was simple – the country was plunged in the worst economic recession ever seen in recent years, and there was a cute little platform where you just had to invest money and get paid the double of your capital after a few days, with literally no…

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The year 2022 has been a rollercoaster for crypto investors. Bitcoin and all other major digital assets are down around 60% from their all time highs in late 2021. Although there have been some short lived rallies recently, the 2022 market has largely ranged. Regardless of the drop in prices, people’s interest in the burgeoning financial market remains high. In this light, we have come up with a list of five coins that should be on your investment list, in quarter 4 2022. Ethereum Ethereum network leads the pack in decentralized finance (DeFi) projects and non-fungible tokens (NFT) markets. The…

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According to a Bloomberg report, the largest stock exchange in Nigeria, Nigerian Exchange Limited will roll out a blockchain-enabled exchange in 2023 to facilitate the capital market and attract young investors. This move is coming at the back of the introduction of regulations to guide the trade of digital assets by the Nigerian Securities and Exchange Commission(SEC) earlier in May. According to Temi Popoola, the chief executive officer of Nigeria Exchange Ltd. in an interview, the exchange looks to deploy the blockchain technology in settlement of capital market transactions: “For a lot of young and upcoming Nigerians, that is the…

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A new analysis by CoinGecko has revealed that Nigeria is the most interested country in cryptocurrency, since the market downturn that started around April this year. The research, carried out by crypto price tracker CoinGecko, examined Google Trends data of search terms frequently used by people interested in cryptocurrency. Those terms were combined to give each English-speaking country a ‘total search score’ to discover which countries have been the most interested in cryptocurrency since the market decline in April 2022. The research results The study reveals that Nigeria is the most cryptocurrency-obsessed nation since that period. With a total search…

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Ethereum name services are disrupting the digital assets space. More persons, brands, companies and influencers are looking for ways to plant their flag in the blockchain space by acquiring their own name service on the blockchain. For those that do not know, Ethereum Name Service is a naming system based on the Ethereum blockchain that transforms long and unreadable blockchain addresses into something a human eye can quickly process and type in. ENS inherits and implements DNS technology on the blockchain while having a completely different architecture thanks to the capabilities of the Ethereum blockchain. By using ENS’s web application,…

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