The Central Bank of Nigeria (CBN) recently suspended the provision of bank validation number (BVN) services to all fintech companies and third parties. The decision means non-banks, including crypto startups, have lost one of the most comprehensive identity verification tools in the country. New identification system Prior to this latest decision, the CBN accepted the use of the BVN along with all other acceptable identity documents for KYC purposes. According to Apex Bank, this service was used to check for money laundering, fraud and other corrupt practices. However, a local media explains that the sudden decision by the central bank…
Author: Gordon James
Gordon James
Gordon James is a crypto journalist who loves to write about the latest news and trends in the blockchain world. He has been following the cryptocurrency space since early 2017, and is fascinated by the potential that blockchain technology has to change the world. In his free time, Gordon enjoys hiking and spending time with his dog, Tucker.
Buying Ripple in Canada is now easier than ever, thanks to more reliable Canadian options and more international brokers offering options for Canadian residents. In this article, we will show you how to buy Ripple (XRP) and other cryptocurrencies from any province in Canada. Things to consider before buying a corrugated box in Canada Before we begin, here are a few things to consider if you are thinking about buying Ripple in Canada. They are important to help you choose the right time and service for your Ripple purchase. Market position: This is obviously an important factor when investing in…
” /> Riot Blockchain continues its efforts to develop bitcoin (BTC) mining. The US mining company reportedly wants to acquire Whinstone US Inc, which is currently owned by Northern Data. The proposed acquisition was announced Thursday in a press release from Riot Blockchain, the US-based bitcoin miner is paying $80 million in cash. The rest will come from selling about 12% of the shares to Northern DAG. Whinstone reportedly operates one of the largest bitcoin mines in the United States. Whinstone’s data center, located in Texas, would have a total capacity of 750 megawatts, with an additional 300 megawatt expansion…
In the Chainlink 2.0 white paper – 7 updates you need to know. Earn up to 12% annual returns on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins and more. Beginning of importance Border ‘ Chain link ‘ Border Shaurya Malwa – 17. 20 April 2021 at 5:00 GMT – 2 min read The Oracle Chainlink decentralized platform unveiled its White Paper 2 yesterday, which improves and updates seven aspects of the network. Oracles are third-party tools that collect data outside of a blockchain, since blockchains are by definition an immutable repository of data, but cannot automatically authenticate that data. Chainlink helps…
Investment applications have become indispensable and open many doors for those looking for a variety of investment opportunities. Self-investing apps are ahead of the curve, offering simplicity and ease of use for digital asset investors of all sizes, especially those who want to take advantage of one of the most popular investment strategies of all time: dollar cost averaging. Fortunately, for investors who want to gain access to digital assets, there are also bitcoin self-investment apps that allow you to invest in bitcoins at an average dollar price. What is the average cost per dollar? Dollar cost averaging is a…
Summary of the situation LTC price forecasts show that the crypto asset is poised for a significant rise, after surpassing its temporary swing high of $240. It is likely that there will be a 30% jump in price when Litecoin passes its 3-day demand zone. A 30% jump could push Litecoin to the $280 region. Technical indicators show that Litecoin is currently in an uptrend, suggesting that it is a good time to buy. During the recent crash of the cryptocurrency market, Litecoin, like many other cryptocurrencies, was hit hard. However, it seems that the crypto asset is on the…
Summary of the situation BTC breaks previous resistance at $54,000, which now serves as support. BTC reached a high of 55,794 today. The next major resistance lies at $57,000. Today’s forecast for the bitcoin price is bearish, as the market has lost its bullish momentum in recent hours. As a result, we expect support at $51,500 to be restored within the next 24 hours. Heatmap for crypto-currencies. Source : coin360 Overall, the cryptocurrency market is trading with mixed results today. Bitcoin was flat, while Ethereum rose 2.5 percent. Vechain (VET) performed the worst with a 5.5% decline. Uniswap was one…
NFTs have taken the internet by storm. After bitcoin, the latest call suggests that NFT tokens are the next big thing, and the market is expected to grow 10-fold in the next few years. Based on blockchain technology, the global NMT market has grown to reach $389 million by 2020 alone. What are NFTs and how do they differ from cryptocurrencies? What is the NFT? NFTs are indecipherable tokens or cryptographic assets that are created using blockchain technology and provide proof of ownership of a specific object. This intellectual property right may not be reproduced, modified, copied or exchanged and…
National Westminster Bank (NatWest), one of the UK’s largest retail and commercial banks, will no longer offer its services to businesses that accept or trade cryptocurrencies, The Guardian reported yesterday. We have no desire to work with customers, whether it’s acquiring them as new customers or having ongoing relationships with people whose primary business is trading cryptocurrencies or other cryptocurrency transactions, Morten Friis, head of the bank’s risk committee, said at a shareholder event. In the report, Friis notes that NatWest ultimately views digital assets as very risky and therefore plans to approach them with caution. The Bank will also…
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