Cryptocurrency is not a wise investment, according to personal finance expert and best-selling author Dave Ramsey’s company Ramsey Solutions. We do not predict the demise of cryptocurrencies. We also don’t think it’s awful. But for now, simply say no,” the Ramsey Solutions group counseled. “Just Say No” to Cryptocurrency Is Ramsey Solutions’ Advice An essay … Read more
Co-founder of the Ethereum cryptocurrency project Vitalik Buterin has issued a warning regarding the use of deepfakes, or movies produced with artificial intelligence (AI) that attempt to impersonate people, to influence people to transact money. Buterin claims that the problem is not just cryptographical and that it is possible to solve it by asking friends … Read more
On Monday, the value of Bitcoin on the spot market surged above $49K, escaping the day’s early trading boundaries. With a 3.7% gain in the last day and a noteworthy 15.6% climb over the course of the week, the top digital currency by market cap quickly hit $50,000. Bitcoin Breaks the $49K Barrier, and Bulls … Read more
The Bitcoin network’s halving event is less than 10,000 blocks away from happening, according on the most recent data. According to more research, the halves is expected to occur between April 19 and April 21, 2024. Following the halving, block rewards will drop from the current rate of 6.25 bitcoins per block to 3.125 bitcoins … Read more
Ethereum’s daily price swings, which have ranged from $2,309 to $2,541, at $2,485, demonstrate the market’s volatility and dynamic nature. Ethereum has a market valuation of over $299.25 billion at the moment, and over the past day, $6.91 billion worth of trades have taken place globally. After reaching a top in the $2,541 range, bulls … Read more
Bitcoin is showing strong upward momentum as of February 12, 2024, as seen by the huge increase it made on Sunday from $47,593 to $48,814 on multiple charts. The next Monday, there was $21.57 billion in trading volume for bitcoin, and its market value had increased to $939 billion. As of right now, the rising … Read more
A forensic specialist has stated that for Nigeria to reduce financial crimes related to digital assets, it is imperative that the country completely regulate cryptocurrency activity. The co-founder of A&D Forensics also urged Nigeria to pass legislation requiring banks to screen service providers before authorizing them to access customer accounts. Reducing Financial Crimes Connected to … Read more
Here is a summary of the most important cryptocurrency and economic news from Latin America during the past week, brought together by Latam Insights. Within this issue: El Salvador’s Nayib Bukele becomes victorious in the presidential race, the Brazilian tax authorities discovers more than 25,000 anomalies in cryptocurrency tax returns, and President Javier Milei of … Read more
The Web3 gaming platform Playdapp has revealed that it was the target of a hacking attack in which hackers took advantage of the system to generate tokens valued at about $31 million. According to Playdapp, if the hackers consent to returning the contracts and assets they took, they will receive a reward. Exchanges for Cryptocurrency … Read more
Since the August 2021 London upgrade, Ethereum has lost a sizable portion of its supply. Since the implementation of EIP-1559, which altered the way fees are determined, more over 4 million ether (3.2%) have been withdrawn off the network, according to ultrasound.money, a portal that keeps track of various information related to the ETH burn. … Read more