In January 2018, the cryptocurrency community was shaken by the implosion of Bitconnect, a platform that had promised extraordinary returns but ultimately revealed itself as one of the most notorious scams in crypto history. Bitconnect’s dramatic rise and fall underscored the dangers of pump-and-dump schemes, a manipulative tactic that has ensnared countless unsuspecting investors. Pump …
READ MOREImagine a bustling marketplace where the ebb and flow of goods tell you the story of supply and demand. Some days, the stalls overflow with fresh produce, indicating an abundance and lower prices. On other days, the stalls are nearly empty, signaling scarcity and higher prices. The cryptocurrency market operates in much the same way. …
READ MOREEver since the clampdown on financial institutions in Nigeria from facilitating cryptocurrency transactions by the Central Bank of Nigeria, P2P trading became quite a popular way for crypto traders and investors to offramp and onramp into crypto. This method of exchange is done directly between buyers and sellers or may use a third pay as an …
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