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bitcoin

Understanding NFT: Everything you Need to Know about Non-Fungible Token

What is NFT? Is it another form of cryptocurrency in the making? I hear of NFT being sold for thousands and millions of dollars. are Nft's digital images? Can someone just tell me what the heck is an NFT? These are many more questions we know you must be asking, we glad to make a beginners article on everything you need to know about NFT's. What better way to leave you scratching your head and wondering, "Um... what the hell is going on here?" than a lot of of blockchain notifications and news?…

What exactly is Bitcoin? Everything You Need To Know

What is Blockchain Technology? our previous post, introduced the key functions and characteristics of the blockchain technology, which we discussed in details. To be precise, every topic discussed thus far in this series (the origins of money, digital payments, and the blockchain technology) will be recalled and applied to our knowledge of what exactly is bitcoin. Key Takeaways on What is Bitcoin To recapitulate, bitcoin is a new sort of currency that provides you with anonymity, decentralization, security, speed,…

What is Blockchain Technology? Everything You Need to Know

It is no news that, money is increasingly taking on a digital form in today's world. Cryptocurrencies have emerged as viable alternatives to traditional fiat currencies in recent years. To know more about the advantages and disadvantages of cryptocurrencies such as Bitcoin, it is necessary to first grasp the underlying technology that gave rise to this monetary innovation. So, welcome to Cryptocurrency. We'll first start out by knowing the driving force of every cryptocurrency. Do not hurry over this course,…

A Letter to Nigerians From Binance CEO

A few days ago, Nigerians accused the cryptocurrency exchange Binance of unjustly suspending their accounts for no apparent reason, which we covered here. According to the CEO of Binance, who wrote a letter to Nigerians, the cryptocurrency market is booming. Dear Nigerian Binancians, The Nigerian community is one that brings me great pride. Since the inception of Binance, Nigeria and Africa at large have been very special markets to us and for crypto. On hearing the concerns raised by the community, I decided to write to…

$1 Billion Dollars In Bitcoin Mysteriously Moved To an Unidentified Crypto Wallet

Last week, it was reported that a Crypto-currency whale moved more than $ 1 billion worth of bitcoin currency. If you are wondering what a Crypto-currency whale is, it simply means a group of large scale bitcoin owners or investors. The total amount of bitcoin moved is about 94,504 to be precise, all these were moved to an unknown bitcoin wallet. The huge amount of bitcoin movement made headlines due to the fact that investors and investigators are speculating where the bitcoin came from and who really owns this…