The rate at which crypto scams are increasing is alarming. What is more shocking is that notable people have also become abettors to these fraudulent schemes. The latest person to find himself embroiled in the crypto scam controversy is John McAfee. McAfee has long been one of the major supporters of cryptocurrency. He was the…
Category: Cryptocurrency News
Nigeria Sees A Rise In Crypto Scams
With the growing popularity of cryptocurrency, there is also a progressive growth in crypto fraud. Nigeria is the latest country to fall prey to cryptocurrency scams and frauds. It is gradually turning into a hub of scams as more and more imposters are aiming at natives to pull off scams. This was revealed in a…
PayPal Plans To Acquire The Crypto Developers, Curv
As reported by CoinDesk PayPal Holdings Inc. has now announced that it would be acquiring Curv. Curv is a technology company engaged in the business of securing the storage of Bitcoin and other crypto-assets. With this new development, PayPal’s market value is sure to shoot up. Just last month PayPal had announced that it was…
An NFT Album Is Being Launched by Kings of Leon
As per the latest reports, a world-renowned rock band from the United States known as “Kings of Leon” is going to be the latest addition to the NFT pool. The firm has revealed that it will be jumping onto the bandwagon of cryptocurrency non-fungible tokens (NFTs). According to the reports, the band had been out…
Is The Cryptocurrency Mining To Be Blamed For The Energy Crisis?
China might be making some serious decisions against the cryptocurrency mining. The autonomous region of China, Inner Mongolia has forbidden cryptocurrency mining. It has also revealed its intention of closing all related projects by next month i.e. April. This has provoked fear amongst the public that one of the world’s largest economies will take additional…
MicroStrategy Continues with BTC Purchases
As per the latest reports, MicroStrategy made another strategic move in the Bitcoin (BTC) verse and against shocked the crypto-community. The business intelligence firm, which is non-crypto in nature has been making constant investments in acquiring BTC since 2020. This time again, the firm has revealed that it has gone for another purchase of Bitcoin…
Nigerian Vice President Says Crypto-Blockchain Will Change Current Finance
It was on Friday, February 26, 2021, when the Vice President of Nigeria, Yemi Osinbajo delivered a speech at the economic summit. While talking about the economic condition in the country, Osinbajo also talked about the latest technologies in finance. He talked about the contributions that the traditional finance infrastructure has been playing in the…