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Category Archives: Finance

Nigeria senator : Bitcoin has made our currency useless

The Senate of Nigeria did not properly erase the Central Bank’s attempt to ban bitcoin, which ordered all banks in the country to close accounts of people associated with cryptocurrencies. Reacting to the news during the Thursday plenary session, Senator Sani Musa of the Niger

Analyst : Apple is ready to start accepting bitcoin

According to Mitch Steves, an analyst from global investment bank RBC Capital Markets, the largest bank in Canada, Apple Inc. is well positioned to offer cryptocurrency trading. He figures that the payments firm Square generates about $1.6 billion per quarter in bitcoin-related revenue on an

Ray Dalio : governments won’t let bitcoin win

The billionaire and hedge fund manager of the world’s largest hedge fund (Bridgewater Associates), Ray Dalio said in an article published in linkedin post entitled “What I Really Think of Bitcoin” that he doesn’t see governments letting bitcoin win. Dalio started by complimenting the technology

24 years old stole $90 million worth of bitcoin

Australian Stefan He Qin, founder of two cryptocurrency funds, was accused by the United States Attorney’s Office of fraud in a scheme that stole nearly $90 million. He pleaded guilty to all charges on February 4, 2021. Owner of the Virgil Sigma Fund and VQR

Reddit

Reddit raised $250 million to become a $6 billion company

Reddit raised $250 million in a series E funding and became a $6 billion company doubling it’s 2020 valuation of $3 billion when they raised $300 million. The founding round was led by venture capital firm Vy Capital. The company CEO Steve Huffman told the

Tesla is going to start accepting bitcoins

Tesla announced today in a SEC filling that they bought $1.5 billion worth of bitcoin and they said they will start accepting it as a payment method for it’s products soon, that would make Tesla the fist big automaker to start accepting this cryptocurrency as

Super Bowl or Super Money ? Discover how much ads will cost

Several businesses such as airlines, restaurants, bars and gyms are suffering in the midset of the covid-19 pandemic, but this is not the case for the Super Bowl. This year superbowl is going to charge an average of $183.3 thousand per second, that’s around $5.5