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Basic guide To What Cryptocurrency (digital currency) is

27Oct

By CryptolifedigitalNo Comments

Crypto Guides

Basic guide To What Cryptocurrency (digital currency) is

There are different types of investment in the world of technology, but the one that everyone seems to run away from is Cryptocurrency (digital currency), this is because everyone believes that there is a high risk of investing in cryptocurrency. The ideas of people about the risk of investing in cryptocurrency are true, the failure of a coin in the crypto market is also possible if the coin lacks, but there is no business without risk. Read Also: Decentralized Exchange (DEX) To Be On Terra Classic Chain Soon What is a cryptocurrency (digital currency) Cryptocurrency is a digital currency that is separated from physical currency which is regulated by banks. It is the best investment because inflation can not affect it even when it affects banks, even as it is th...

Nigeria And Some Crypto-Restricted Regions Can Now Pay Their Utility Bills Via Cryptos Like BTC And ETH: Manila Finance

10Aug

By Cryptolifedigital2 Comments

Cryptocurrency

Nigeria And Some Crypto-Restricted Regions Can Now Pay Their Utility Bills Via Cryptos Like BTC And ETH: Manila Finance

Interestingly, the Nigeria crypto users now got a means to exploit their digital currency as one of the cryptocurrency-driven platforms, Manila Finance has disclosed that it now allows the users to pay for their utility bills via cryptocurrencies like Bitcoin and Ethereum. According to the platform, its users in Nigeria, Ghana and Uganda can pay their electricity bills from their crypto balances as they have integrated a blockchain payment gateway with PHCN of Nigeria, KenGen PLC of Kenya and UEGCL of Uganda. This is a big milestone for the crypto users in the country of Nigeria, especially this time when the banks in the region have been banned from using cryptocurrencies. It is good to know that the Manila Finance platform was able to do this because they are independent on tradit...

Utel University Now Accepts Shiba Inu And Few Other Cryptocurrencies As Mode Of Payment Through The Alliance With Bitso And BitPay.

23Jul

By CryptolifedigitalNo Comments

Cryptocurrency

Utel University Now Accepts Shiba Inu And Few Other Cryptocurrencies As Mode Of Payment Through The Alliance With Bitso And BitPay.

Utel, a Mexico-based University announced the acceptance of Shiba Inu and a few other cryptocurrencies as a form of payment from their students from at least eleven countries, including Mexico, Chile, Colombia, Ecuador, the United States Panama, and Peru. Through the collaboration with Bitso, Utel Universidad allows more modalities to learn, interact and run its economy to its large community distributed throughout the world. Bitso will function as the platform that will make it possible to enable cryptocurrency payments through its infrastructure. The drive behind Utel’s action was the analysis by Tech Jury, which stated that the global e-learning market is projected to be worth US$325 billion by 2025. Furthermore, the ease of online payments enhances the experience for stu...

3AC Founders Surface After Five Weeks Of Hiding Revealing The Reasons For The Collapse Of 3AC

22Jul

By Cryptolifedigital5 Comments

Cryptocurrency

3AC Founders Surface After Five Weeks Of Hiding Revealing The Reasons For The Collapse Of 3AC

The co-founders of the Three Arrows Capital, Su Zhu and Kyle Davies, surface again after five weeks of hiding. They made it known in the interview with Bloomberg that the reason for hiding was nothing but the threats from various corners succeeded the challenge their firm experienced in early July which later bankrupted the creditors and destroy the selloff that foisted steep losses on mom-and-pop owners of Bitcoin and other tokens. The two founders were talking in an unknown location, analyzing the failure they got and they could trace it to their overconfident. As stated by the advisers in charge of liquidating reported on July 8th how the two founders hadn’t been communicating with them while their location was unknown. They claimed they're not talking to the advisors does not im...

Elon Musk To Face Legal Action For His Intention To Decline From Buying Twitter.

11Jul

By Cryptolifedigital1 Comment

Uncategorized

Elon Musk To Face Legal Action For His Intention To Decline From Buying Twitter.

According to Elon Musk’s letter, He intends to end the $44 billion Twitter deal on Friday to Twitter’s board. The letter stated that Musk is terminating the merge because Twitter “appears to have made false and misleading representations,” claiming that Twitter was not clear about its process for auditing spam and fake account and identifying do away with such accounts. More also Musk express his mood about the ongoing news that the Lawsuit filed will force Twitter to share the data surrounding bot activity. Read Also: Web3 Protocol Once On Terra Blockchain Migrates To Polygon. The comment was not that suit the community as captured by the community that commented on his tweet. For instance, some see this act of Elon Musk as breaking the law. https://twitter.com/Ann...

MicroStrategy CEO Tweeted “You know someone who doesn’t know Bitcoin” As Bitcoin Starts Picking.

8Jul

By Cryptolifedigital3 Comments

Bitcoin

MicroStrategy CEO Tweeted “You know someone who doesn’t know Bitcoin” As Bitcoin Starts Picking.

One of the strong proponents of Bitcoin and fan of the crypto industry, Michael Saylor tweeted earlier yesterday on the popularity of Bitcoin. He asked his follower if they know anyone at all that is ignorant of Bitcoin. https://twitter.com/saylor/status/1545017778167599104 Michael Saylor is the CEO of MicroStrategy, the company that has a strong love for Bitcoin and at the moment they are the biggest holder of Bitcoin in the world. Read Also: Sepolia, The Second Public Testnet Runs Successfully; Major Merge Is Closed Bitcoin is over a decade now, when the coin came it was very unknown to many and the few people that were able to venture are now multimillionaires. Although the general crypto market condition is not appalling at the moment that will never reduce the popularit...

Binance CEO Aims To Make Binance Cut Across The Globe; He Met With The Côte d’Ivoire’s President As His Second Meeting With African Heads.

7Jul

By Cryptolifedigital1 Comment

Blockchain

Binance CEO Aims To Make Binance Cut Across The Globe; He Met With The Côte d’Ivoire’s President As His Second Meeting With African Heads.

In the quest for the largest cryptocurrency exchange to cut across the globe, the CEO of Binance, Changpeng Zhao, “CZ” held a consultative meeting with various officials in Côte d’Ivoire as his crypto exchange seeks to expand its presence in Africa. Interestingly, Africa is the second-largest populated continent globally with about 1.5 billion people, research revealed that 2% of this great population involve in cryptocurrencies yet 80-90% of the population live an unbanked lifestyle. This implies that crypto has a lot of space to fill in this part of the world. Read Also: Solana Investors Filed Lawsuit Against Project Insiders For Misleading Statements. CZ revealed in a tweet on Wednesday, “Africa is primed for crypto adoption,” noting that blockchain provided that with a s...

Canadian Food Tech Company, WeCook To Support Dogecoin, XRP, And Some Other Cryptocurrencies As Payment

6Jul

By Cryptolifedigital3 Comments

Dogecoin

Canadian Food Tech Company, WeCook To Support Dogecoin, XRP, And Some Other Cryptocurrencies As Payment

Recently, cryptocurrencies have been receiving many adoptions from across the globe. For instance, Dogecoin was taken up recently by FTX Japan which was broadcast on the official Twitter page of the crypto exchange. Another one is the support from the UberEats Food deliveries which now takes dogecoin as a mode of payment through BitPay. Read Also: Ripple's Developers Gets Confidence in XRPL’s capacity To Support The XLS-20 Standard For NFTs After Conducting Test. https://twitter.com/Dogememegirl/status/1543706206274875392 WeCook Raises Support On Dogecoin and Some other cryptos Following the above breakthrough, the Canadian food tech company WeCook announces their support of Dogecoin, XRP, and some other cryptocurrencies as payment. This was done following the Nuvei an...

Peter Schiff’s Local Bank Got Shut down And Pave Way For Crypto Community To Explain The Importance of BItcoin In Reinventing The Core Of Traditional Finance.

4Jul

By CryptolifedigitalNo Comments

Bitcoin

Peter Schiff’s Local Bank Got Shut down And Pave Way For Crypto Community To Explain The Importance of BItcoin In Reinventing The Core Of Traditional Finance.

The table seems to have turned as the local bank of one of the antagonists of crypto, Peter Schiff got closed by the Puerto Rico regulators for his laxity in the maintenance of the net minimum capital requirements which led to the total customers’ access lost to their account after a subsequent freeze. Read Also: IOG Team Successfully Hard Forked The Cardano Testnet; Pathway To Vasil Upgrade On Mainnet. Peter Schiff, a prominent economist got his bank shut down as Twitter was painted with this irony which implies that his intention for the BTC has later come over his traditional bank. https://twitter.com/PeterSchiff/status/1543729010278113281 Why The Peter Schiff Bank Shut Down as He stated The 4% post-sales Schiff will hold buying the bank was disagreed on due to the bad...

Goldman Sachs To Buy Celsius’ Asset At A Huge Discount To Market Price

26Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Goldman Sachs To Buy Celsius’ Asset At A Huge Discount To Market Price

Due to the general condition in the crypto market, several yield-generating platforms that offer investor attractive interest payments on their crypto deposits has been engulfed including Celsius Network. As reported by the closer sources to the matter, Goldman Sachs is interested in buying Celsius’ assets at a massive discount to the market price if the platform files for bankruptcy. Goldman is gauging profit and seeking commitments from web3 crypto funds, funds specializing in distressed assets, and traditional financial institutions with over sufficient cash on hand. Read Also: Shiba Inu Is Up Above 11% At $0.0000115 In The Last 24 Hours And Up Around 41% In The Week Filing Celsius for bankruptcy will result in selling the majority of assets deposited with the platform whic...