Nigerian City of Lagos Among the World’s Top 20 Crypto Hub Cities — Study

According to the findings of a study by Recap, the crypto asset management firm, the Nigerian city of Lagos is ranked among the world’s top 20 crypto hub cities. Besides Lagos, five more African cities, namely the Angolan city of Luanda, Nigeria’s Ibadan, and three South African cities — Cape Town, Johannesburg and Pretoria — … Read more

Robert Kiyosaki Says He Likes Bitcoin — Calls BTC ‘People’s Money’

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he likes bitcoin, calling the cryptocurrency “people’s money.” While admitting that he does not know much about bitcoin, he said: “I’m just glad I bought it at six.” Robert Kiyosaki Says Bitcoin Is ‘People’s Money’ The author of Rich Dad Poor … Read more

JPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’

A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to have the biggest impact on markets in 2023. JPMorgan’s Institutional Trader Survey Global investment bank JPMorgan Chase published the results of … Read more

Billionaire Ray Dalio Says Bitcoin Isn’t an Effective Money, Store of Value, or Medium of Exchange

Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s “amazing” what bitcoin has accomplished but believes the cryptocurrency is not going to be an effective money, a store of value, or a medium of exchange. Nonetheless, he stressed that “we are in a world in which money as we … Read more

Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis

Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during the year. Crypto Hacking Hit Record High in 2022 Blockchain analytics firm Chainalysis published a … Read more

Charlie Munger Urges US Government to Ban Crypto Like China Has Done

Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract with a nearly 100% edge for the house,” he stressed. Berkshire Vice … Read more

Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million

Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment losses resulting from changes in the prices of bitcoin. Tesla’s Digital Assets … Read more

82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows

Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that digital currencies are the future of money, and they don’t want to be left in the past,” the firm’s chief executive said. … Read more

Best Crypto Decentralized Exchanges in 2023

In recent years, with the increase in people interest in cryptocurrencies, each decentralized exchange does its best to provide the better services for the clients.  In this article, we are going to review the best crypto-decentralized exchange. Before speaking about the best DEX, it’s better to know what exactly the DEX (Decentralized Exchange) is. There … Read more

6 Advantages of Making a Call to Switzerland For Free

When you’re making a call to Switzerland for free, you’re saving a lot of money. It’s often better than the amount you’d be paying on traditional PSTN exchange lines. Area codes in Switzerland If you are interested in expanding your business internationally, there are several advantages to getting a Switzerland phone number. First, you’ll be … Read more