Visa, Worldpay accept responsibility for Coinbase overcharging

Two major payments partner of Coinbase, Visa and Worldpay have accepted responsibility for overcharging Coinbase customers. In one of our posts yesterday, we reported that Coinbase customers took to reddit and other social media channels to complain about huge charges they incurred buying cryptocurrency on Coinbase. Some of the customers concluded that the overcharges were […]

Visa replies Coinbase on cryptocurrency overcharges, “It’s your fault”

Update: Visa, Worldpay accept responsibility for overcharging Coinbase customers Credit card and cash processing giant Visa is rebuffing the allegation that it’s responsible for overcharging cryptocurrency traders on Coinbase. “Visa has not made any systems changes that would result in the duplicate transactions cardholders are reporting. We are also not aware of any other merchants […]

Which cryptocurrencies are Nigerians buying most?

No one can precisely say which cryptocurrency Nigerians are storing for future gain, but it is obvious that some of them who trade crypto coins are excited to get involved in the most popular ones-bitcoin, ethereum, and litecoin-which are easy to buy and sell. However, large percentage of the excited ones are short-term traders. They […]

Bitcoin falls below $7,000, Ethereum heading towards $500

Fall of all cryptocurrencies continues today, February 6, 2018, as bitcoin continues to lose value, trading for $6351.97, declining by 22% in the last 24 hours. Ethereum lost 28% of its value in the last 24 hours, trading for $607.95, according to report monitored on coinmarketcap.com All crypto coins were affected by the fall, see […]

Why are all cryptocurrencies’ prices falling?

Before going to bed yesterday (February 4, 2018), I checked price and discovered that bitcoin price was floating between $8,000 and $9,000. I advised one of my crypto friends, who vowed to buy more coins, not to rush as further dip ‘is’ expected..buy low advise! “Bitcoin price can’t fall below $7,500 (USD),” he said confidently […]

Cryptocurrency-related Ads removed from Chinese local sites, major crypto dip likely as China tightens regulations

Major dip in the price of cryptocurrencies is expected in the days ahead as Chinese government is tightening regulations on digital coins and Initial Coin Offering (ICOs). The latest update on cryptocurrency laws came up today February 4, 2018, which is likely to trigger another panic sell among investors. Research has also shown that cryptocurrency-related […]

Venezuelan 100 million Petros presale token begins March 1

Venezuelan own cryptocurrency, Petro, presale will go live March 1, 2018 with about 38.4 million (out of 100 Petros ordered by Nicolás Maduro) going to institutional investors in a month-long presale. The presale will be private, obscuring the potential discounts the country offers investors, Bloomberg reports. Reports had it before now that Venezuela would offer […]

Hacked Coincheck Exchange receives Japanese FSA team for compliance

Recently hacked CoinCheck exchange February 2, 2018, played host to Japanese Financial Services Agency (FSA) team to “ensure protection of users.” Japan’s Finance Minister Taro Aso confirmed to Japan Times that authorities inspected the hacked crypto exchange ahead of approval deadline set for later this month. CoinCheck NEM wallet was hacked on Friday, January 26, […]

Bad Press! India isn’t banning bitcoin after all

India isn’t banning bitcoin trading and exchange in other cryptocurrencies as earlier speculated by global news media. The internet went agog about the India’s plan to ban cryptocurrency trading after the country’s finance minister Arun Jaitley delivered Indian budget for 2018-19. Jaitley in a speech touched on the subject of cryptocurrencies and their usage in […]