BitMine, an upstart cryptocurrency miner, has been in the news lately due to a very public on-their-way-to-bankruptcy aggressive Bitcoin acquisition strategy. The firm plans to invest the entirety of its $16 million from the initial public offering directly into Bitcoin. This 100%-in approach has sparked a serious storm of controversy...
BitMine Immersion Technologies recently finished a $16.34 million common stock offering and claims to have sold out of newly issued common stock. Their first days funded with that capital, they dove right into the Bitcoin market amassing 154.167 BTC at an average price of $106,033 per coin. That's the headline....
Okay, let's talk about the elephant in the room: Ether's been taking a beating lately. Down 24% this year? Ouch. Here’s the thing though – smart money doesn’t freak out. Smart money sees opportunity. And right now, that opportunity is staring you right in the face: Ethereum staking.I know, I...
That’s right – the SEC just kicked aside Franklin Templeton’s Ethereum ETF – the one that plans to stake its ETH. Okay, stake it. Not boil it, sauté it, or… well, you know what I’m getting at. But the Cboe BZX Exchange, which filed the original proposal in March, is...
Okay, let's be honest. But as a practical matter it feels like the SEC is moving at the speed of dial-up internet in a 5G world. They've delayed the decision on Franklin Templeton's Ethereum ETF, specifically the staking part, and it's got me wondering: are they protecting investors, or just...
Let's be real. Nigeria's hustling spirit is unmatched. We’re a nation of innovators, never afraid of rising to the challenge even when the system is rigged against us. Quite frankly, that system – traditional finance – is failing many of us right now. High fees, lack of access, and to...
Among these countries, Nigeria has become a leading example of cryptocurrency adoption. With high inflation and increasing economic instability, more Nigerians are taking up digital currencies to invest, make transactions and hedge against rising inflation. Stepping into the crypto world without a proper security and peace of mind starts with...
Let's be real. You’re reading this because you’re already in the crypto game or thinking about jumping in. Perhaps you only want to understand what your nephew is going to be blabbing about all Thanksgiving long! Whatever the reason, you need to understand this: crypto security isn't sexy. It's not...
Alright, crypto fam, let's get real. You’re reading the news stories, the all-star returns, the incredible promise of DeFi, NFTs, and the entire freaking decentralized ecosystem. But are you really part of it? Or are you merely leasing a playing field in another entity’s crypto funhouse?It's holding on to the...
Nigeria's crypto scene is booming, no doubt. It’s all about the promise, the opportunity, the disruption of legacy financial intermediaries. Before you dive headfirst into this digital gold rush, let's talk about what isn't being shouted from the rooftops: the very real, and often overlooked, risks lurking within those shiny...
