The Federal Inland Revenue Service (FIRS), Nigeria’s tax authority, is gearing up to introduce a bill aimed at regulating the cryptocurrency sector by the end of 2024. During a recent stakeholder engagement session with the Finance Committees of the National Assembly, FIRS Executive Chairman Zacch Adedeji emphasized the need for laws to oversee the crypto …
READ MOREIn 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 MOREHave you ever wondered how to transform your cash into Bitcoin or any other digital currency? Or how to convert those digital coins back into cash when you need to pay your bills? Just like highways and exits connect cities and towns, crypto on-ramps and off-ramps link the old financial world with the new. Take, …
READ MOREHave you ever wondered what would happen to your cryptocurrency investments if something went wrong? With the growing popularity of digital currencies like Bitcoin and Ethereum, more and more people are asking the same question: is my investment truly safe? This is where cryptocurrency insurance comes into play. Let’s delve into this relatively new yet …
READ MOREHave you ever scrolled through social media and seen friends bragging about their crypto gains? Maybe you’ve heard whispers about the next big meme coin that has the potential to turn someone’s pocket change into a Lambo fund and feeling a bit of FOMO (fear of missing out). Before you jump into the world of …
READ MOREBehind the scenes of this digital gold rush lies a crucial ingredient: the Bitcoin hash rate. You might ask, “What on earth is a hash rate, and why should I care?” Well, buckle up as we embark on a thrilling adventure into the heart of Bitcoin mining! What is the Buzz About Bitcoin Hash Rate? …
READ MOREEvery four years, the crypto market highly anticipates the event of the bitcoin halving which automatically decreases the supply of new coins in the open market – and traders usually expect a bull market rally after the halving. In this article, we bring you an in-depth exploration of the 2024 Bitcoin Halving and everything you …
READ MOREWelcome to the Web3 Digest ultimate guide to navigating the thrilling landscape of cryptocurrency airdrops. Whether you’re a seasoned crypto veteran or just starting your Web3 journey, understanding airdrops can open doors to new opportunities and rewards. So, let’s dive into the world of crypto airdrops and discover how you can catch the crypto rain! …
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 …
READ MOREUnveiling The Hidden Dangers It’s undeniable – we are currently riding high on the exhilarating waves of a bull market. The prices of crypto assets are about to skyrocket, optimism is contagious, and the road ahead seems paved with golden opportunities. But before you get too caught up in the euphoria, permit us to pose …
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