Author name: Peter

Is a Gold IRA Safe?

Self-DirectedGold IRAs are great because they let you put money into precious metals, without having to engage any middlemen. In fact, these accounts are so simple , even your grandmother could set it up! If you purchase physical gold, silver, platinum, palladium, and bar, rounds and bullion, you get immediate liquidity. If you’re looking diversify […]

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Understanding Multisig Bitcoin Wallets for Enhanced Security

When it comes to safeguarding your bitcoin, using a multisignature (multisig) wallet is widely considered one of the most secure methods. This approach eliminates risks associated with exchanges and custodians while addressing common issues related to self-custody. In this comprehensive guide, we will delve into the concept of multisig wallets, the benefits of self-custody, and

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Crypto Lender Abra Settles with Texas Investors, Commits to Asset Return

Abra Agrees to Refund Texas Investors Following allegations of unregistered securities offerings, crypto lender Abra has reached a settlement with the Texas State Securities Board (TSSB). As part of the agreement, Abra will return assets to Texan investors, while other U.S. clients will also have the opportunity to reclaim their investments. Regulatory Scrutiny and Settlement

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The Avalanche Foundation Announces Requirements for Meme Coins in Purchasing Program

Introduction The Avalanche Foundation, a non-profit organization dedicated to supporting the avalanche ecosystem, has recently unveiled the criteria for meme coins to participate in its active purchasing program. With the aim of providing clarity and transparency, the foundation has outlined specific requirements related to holder count, concentration, liquidity, liquidity providers, lifespan, and market cap. The

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Core DAO Launches $5 Million ‘Innovation Fund’ to Support Africa-Based Web3 Developers

Introduction Core DAO, the foundation supporting Core Chain protocol, announced the launch of a $5 million fund to provide resources and networks for African Web3 builders. With a significant portion of Core DAO's community located in Africa, the foundation decided to establish a fund specifically aimed at supporting the continent's Web3 developers. More Than Just

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The 2024 Bitcoin Halving: A Game-Changer for BTC Value and Miner Survival

As we step into 2024, the excitement in the cryptocurrency community is palpable as we gear up for Bitcoin's upcoming halving event. This event has historically had a profound impact on the crypto market landscape, and it is crucial to delve into how it may unfold this time around. Let's explore the potential implications of

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Nigerian Currency Hits New Low Against US Dollar: Efforts Underway to Rectify Undervaluation

The Nigerian currency has recently experienced a significant decline against the US dollar on the official market. Central Bank Governor Olayemi Cardoso has acknowledged that the naira is currently undervalued and steps are being taken to address this issue. Official and Parallel Market Exchange Rates Almost Converge The Nigerian currency has reached a new low

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The Commodities Futures Trading Commission Warns Investors About Dubious AI-created Trading Algorithms

The Commodities Futures Trading Commission (CFTC) has issued a warning to investors, urging them to exercise caution when it comes to artificial intelligence-created algorithms that promise unrealistic returns on crypto asset investments. The CFTC has identified various AI-created software, such as crypto-asset trading schemes, trade signal strategies, and automated trading algorithms, as tools that scammers

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