Life and style Who misses paying for things with cash? Well, I do Cash is dirty.It’s quite often old.It rips.It’s bulky.It features the faces of white, slave-owning men.And yet Cash is paid to those working under the table; it’s the tender preferred by the Tooth Fairy.Composite: Getty Cash is paid to those working under the…
Month: June 2021
nnWe should reflect on why many people around the world are willing to embrace cryptocurrencies for non-speculative purposes, says Professor Paola Subacchi.
Dollar advocates argued that the expected benefits of macroeconomic stability would outweigh El Salvador’s loss of economic sovereignty, monetary independence, and even seigniorage – the difference between the cost of producing coins and banknotes and their face value.Advertisement But purchasing power suddenly plummeted and left the economy even more dependent on remittances, which have averaged…
Africrypt Raees and Ameer Cajee alleged ‘biggest Bitcoin cryptocurrency scam’ and wetin we know about di brothers
26 June 2021, 09:45 WAT New Informate 35 minutes wey don pass Wia dis foto come from, Getty Images Wetin we call dis foto, Bitcoin na digital money. Two brothers wey estalish one South African Bitcoin investment firm say dem no get hand for any âscamâ. Raees and Ameer Cajee lawyer na im dey clear…
Nigerian artists bank on crypto-art
LAGOS: At only 29, Nigerian pop-artist Osinachi has sold paintings on Microsoft Word for several thousand euros, or the equivalent amount in ether, a cryptocurrency often used to buy digital art. One of his works, “Becoming Sochukwuma,” shows a black dancer wrapped in a tutu made of African fabric, dreadlocks tied in a bun, swirling…
Nigerian artists and entrepreneurs bank on crypto-art
The crypto-art market is a growing business in Nigeria.Pop-artist Osinachi sells paintings on Microsoft Word for several thousand euros.Between January and May, NFTs generated around $2.5 billion worth of transactions. At only 29, Nigerian pop-artist Osinachi has sold paintings on Microsoft Word for several thousand euros, or the equivalent amount in ether, a cryptocurrency often…
S.Africa crypto exchange brothers disappear after client cash vanishes, lawyers say
JOHANNESBURG, June 25 (Reuters) – Lawyers for investors in a cryptocurrency exchange in South Africa, which told clients in April their accounts had been hacked, say $3.6 billion has disappeared from the platform and that the two brothers who ran it cannot be traced. If confirmed, Africrypt’s losses would rank among the biggest crypto losses…
Cathie Wood’s ARK Invest files to create a bitcoin ETF
Cathie Wood’s ARK Invest files to create a bitcoin ETF – The ETF’s investment objective is to track the performance of bitcoin, according to the SEC filing.- The Securities and Exchange Commission last week again postponed a decision to approve the first bitcoin ETF.- Wood — a longtime bitcoin bull — has been buying up…
Crypto news: Jack Dorsey, Elon Musk bitcoin event, Binance ban
Jack Dorsey and Elon Musk will discuss bitcoin at an upcoming event, and 5 other key crypto moments from the past week After a stream of reports regarding China’s renewed crackdown on cryptocurrency mining on June 21, bitcoin briefly dropped below $30,000 last week.Along with it, top cryptocurrencies by market value, including ether, were also…
nnWe should reflect on why many people around the world are willing to embrace cryptocurrencies for non-speculative purposes, says Professor Paola Subacchi.
Dollar advocates argued that the expected benefits of macroeconomic stability would outweigh El Salvador’s loss of economic sovereignty, monetary independence, and even seigniorage – the difference between the cost of producing coins and banknotes and their face value.Advertisement But purchasing power suddenly plummeted and left the economy even more dependent on remittances, which have averaged…
Gas: Tanker driver shortages could make it tough to keep stations full
There’s plenty of gasoline this summer. Getting it to the gas stations, though, may be a different story. Just as the summer driving season is kicking in after a year in which most families were stuck at home, there have been reports of some gas pumps running out of fuel for short periods. The problem…