cryptocurrency

Cryptocurrency Wallets: Navigating the Maze of Security and Trust Ah, the enigmatic world of cryptocurrency. With its allure of decentralization and digitized wealth, it has captivated the imaginations of countless investors. Yet, amidst this revolution lies an ever-present concern: security. In 2023, the unsettling truth is that 40% of crypto enthusiasts still harbor reservations about wallet security, while 19% have faced withdrawal challenges on custodial platforms. So, how do we navigate this landscape to make…

In a significant turn of events, the Economic and Financial Crimes Commission (EFCC) has decided to drop all legal allegations against Tigran Gambaryan, a senior executive at Binance Holdings. Gambaryan, who had been held in custody since April, can finally breathe a sigh of relief. According to the anti-corruption agency, the focus will now shift to advancing the ongoing money laundering case against Binance itself, as they determined that Gambaryan merely served as an employee and did not play a role in pivotal business…

For a few weeks now, there has been a panic wind over cryptocurrencies, bitcoin has lost half of its value in a few days and this is not to the delight of millions of savers and speculators on the continent. It is estimated, for example, that 11% of South Africans and 9% of Nigerians own cryptocurrencies. What are the dangers to cryptocurrency holders, especially in Africa? In countries with high inflation in Africa, cryptocurrencies are often seen as a way to preserve the value of savings. In areas that are more stable…