Have you heard that many people who invest in cryptocurrencies have fallen victim to frauds? With the growing number of digital currencies available, there’s also an increasing amount of misleading coins in the market. Regardless of your investment background or familiarity with cryptocurrencies, distinguishing between authentic and fraudulent tokens is essential for protecting your financial … Read more
For the past seven consecutive quarters, Tesla, led by Elon Musk, has kept its Bitcoin reserves, according to the company’s Q1 2024 earnings statement. Tesla Maintains BTC Holdings In Q1 2024 Tesla, headed by Elon Musk as CEO, remains firm in keeping its significant Bitcoin reserves, unfazed by the volatile Bitcoin market. This action is … Read more
According to two reliable sources, FTX, the closed cryptocurrency exchange, is planning to sell off the rest of its Solana (SOL) tokens through an auction. According to sources speaking with Bloomberg, a “blind bidding process” will take place this week with an April 24 cut-off. The outcome is scheduled to be disclosed on April 25. … Read more
Nigeria’s central bank refutes unfounded reports spread by cryptocurrency news outlets. Contrary to the rumors, the bank has not instructed local banks to block accounts linked to unauthorized crypto exchange platforms. The Central Bank of Nigeria (CBN) has denied issuing orders for local banks to freeze accounts connected to unauthorized cryptocurrency exchanges, contrary to recent … Read more
XRP, which is the native digital currency of the Ripple platform and ranks among the oldest blockchain networks’ top 10 crypto assets, has experienced poor performance over the past five years. Despite this distinction, its value has lagged significantly since it peaked at over $3 in early 2018 during the all-time high of the cryptocurrency … Read more