Peer-to-peer Bitcoin trading platform, Paxful is suspending its operations indefinitely. The company’s co-founder and Chief Executive Officer, Ray Youssef, made the announcement on Tuesday, citing personnel and regulatory challenges. “We unfortunately have had some key staff departures. Also, regulatory challenges for the industry continue to …
Tag: cryptocurrency
Are Crypto ATMs in Nigeria a Good Idea?
There seems to be a crypto bull market forming. This is because all the traditional ways to buy cryptocurrencies are currently being explored by a new wave of adopters. The Bitcoin Automated Teller Machines was first introduced to the world in 2013 and there are …
Best Blockchain Security Tips in Nigeria
Buying and selling cryptocurrencies is one thing, keeping the cryptocurrencies safe is another. This is an aspect often overlooked by newbies in the crypto world. This is a little bizarre since at the core of crypto lies cryptography and encryption. It is true that a …
From Forex to Crypto: Using Technical Analysis Tools
Just like the foreign exchange market, the crypto market is actively traded by individuals who are looking to benefit from price movements, ecrypto market is heading, it can be hard to believe that technical analysis (TA) is useful to predict price action. Although scepticism is …
Which Model Is Ideal: Centralized or Decentralized Cryptocurrencies?
Many people believe volatility is the biggest threat posed by cryptocurrencies, yet that’s not the case. Centralized exchanges are. You see, 99% of cryptocurrency trading happens solely on centralized exchanges, and this is the biggest threat. Centralized exchanges go against the tenets of decentralized cryptocurrencies, …
Online Industry Growth Predictions for 2020
Those of us who are following macroeconomic developments will likely be aware that these days most of the world’s growth is being driven by the digital realm. The booming global tech sector has been the main engine of growth for the world’s largest economy by a …
Bitcoin 101: The Rise of Nigeria’s Favourite Cryptocurrency
If there is one country whose citizens have wholeheartedly embraced the Bitcoin craze that has swept through much of the world in the last couple of years, it’s Nigeria. While millions of people in dozens of counties are actively involved in the mining, trading, and …
Do You Use The Pirate Bay? You May Have Unknowingly Aided the Website in Mining Cryptocurrency Cash
If you visited popular torrent site, The Pirate Bay over the weekend you’ve probably helped the largest piracy website in mining cryptocurrency cash unknown to you. Torrentfreak reports the cryptocurrency miner was tested 24 hours ago as noticed by a reddit user by owners of …







