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Nigerian Exchanges Face Discouragement from SEC’s Cryptocurrency License Criteria

Nigerian cryptocurrency analyst Rume Ophi clarified that the recent lifting of the CBN ban would boost Nigeria’s foreign crypto investments and contribute to the employment of local talent in Web3 and the crypto industry. Despite the Central Bank of Nigeria (CBN) lifting restrictions on Nigerian banks facilitating cryptocurrency transactions, the crypto license requirements set by […]

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Gifting Cryptocurrency to Loved Ones: A Step-by-Step Guide

Cryptocurrency Gifting to Loved Ones

Cryptocurrency Gifting: Simplifying the Art of Giving Digital Assets Cryptocurrency has revolutionized the way we perceive and manage assets, and this holiday season, it’s bringing a new dimension to the art of gift-giving. Beyond the traditional, imagine the thrill of presenting your loved ones with a slice of the digital future—cryptocurrency. In this comprehensive guide, […]

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Pig Butchering Crypto Scams Hit Record .3B in 2024

Defending Against DeFi Attacks: A Comprehensive Guide

Introduction The decentralized finance (DeFi) space, heralded for its financial growth opportunities, is not without risks. Malicious actors exploit various vulnerabilities, demanding a vigilant approach from users. Below is a list of 28 must-know exploits to fortify your defense against potential threats. Reentrancy Attacks Originating from the 2016 DAO incident, malicious contracts repetitively call back […]

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Securing Your Cryptocurrency: Where to Store Your Digital Assets

Securing Your Cryptocurrency: Where to Store Your Digital Assets

Navigating the complexities of storing and managing cryptocurrency can be daunting, especially considering its increasing value and the irreversible nature of transactions. Whether you’re a newcomer or a seasoned investor, this concise guide sheds light on the most secure places to store your digital assets. Exchanges (Least Secure) Exchanges, such as Coinbase and Binance, serve […]

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Huobi Lays Off Staff as insolvency Rumors Spread

According to a statement provided to Reuters, giant cryptocurrency exchange Huobi Global has reaffirmed its intention to fire 20% of its staff amid the current “bear market,” continuing a long-standing history of layoffs due to market volatility. Speaking on the matter to the press, a Huobi spokesperson said: “The planned layoff ratio is about 20%,” adding: […]

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