Major cryptocurrency enthusiasts, on Monday, lamented as major social media and community platforms — Facebook, Instagram, and WhatsApp — went offline. The three platforms went down at approximately 11:16 AM EST on Oct. 4 and according to Facebook’s communications team, who communicated...
In order to stiffen cryptocurrency-related financial crimes, lawmakers in Brazil Brazilian have approved a set of new penalties for laundering money with crypto. Brazil’s Special Committee of the Chamber of Deputies approved a bill that significantly tightens penalties...
The website of Nigeria’s Central Bank Digital Currency has gone live with a local media outlet, THISDAY, reporting that the website has recorded over one million views in the last 24 hours. The number of visits, according to...
Cryptocurrencies are virtual assets secured by cryptography and operate on a decentralized network powered by blockchain technology. The terms cryptocurrency and blockchain still sound complex to many. However, Bitcoin as a digital asset has been in the news...
Launched in 2019, Algorand now exhibits traits that are somewhat similar to the “oldest kid on the block”. Even though the Algorand Blockchain Network is relatively new to the block, it has secured several partnerships. This is because...
The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has added Suex, a Russian crypto broker to the Specially Designated Nationals and Blocked Persons (SDN) list. Following the announcement on Tuesday, Sept. 21,...
Some lawmakers in Iran have opposed the restrictions placed on digital assets in the country, hence setting to change the government’s policies on cryptocurrencies. According to them, using cryptocurrencies will improve the nation’s sanctioned and troubled economy. “Taking...
Binance, the world’s number one cryptocurrency exchange has announced some changes in its dealings in Australia. As part of the changes, Binance will cease to offer futures, options, and leverage tokens. “Effective from 2021–09–24 09:00 AM (UTC), existing...
Barely a week after El Salvador formally adopted Bitcoin as a legal tender, the Central American country is granting foreign investors a tax waiver on gains from the digital currency. This is according to Agence France-Presse (AFP). Javier...
Cryptocurrencies are digital assets protected by strong cryptographic algorithms and powered by blockchain technology. Stocks, on the other hand, could be referred to as equities or shares. They represent proportionate ownership in a company or corporate organization. Cryptocurrencies...
