Back in December The United States Securities and Exchange Commission [SEC] pulled up Ripple and its executives for allegedly raising funds through the sales of unregistered securities . Now, while the lawsuit since has been tightly fought, many believe that Ripple has had the upper hand over the past few months, especially since the firm has won quite a few motions over this period. A recent Update explains that individual defendants Brad Garlinghouse and Chris Larsen have used the recent observations made by SEC Commissioners Hester Peirce and Elad Roisman to reiterate an old defense with ..read more

Daily the interest in cryptocurrency rises. More persons are willing to jump into the space to make profits for a lifetime. If you haven’t made the jump, why not now? If you have, Congratulations. Now, I will like to ask, have you taken the time to secure your account? The rise in cryptocurrency investors has also led to an increase in hackers, which means one has to take out the extra time to ensure that one’s coins are safe. You don’t want to log in one day and see that your portfolio is empty. So let us look at some ways we can prevent this from happening: 1) Passwords: No matter where you ..read more

With the interest in cryptocurrency daily rising in Africa, everyone looks for a safe haven to trade their tokens. No one wants to be a victim of money loss with the economic crises on going and also with the Ponzi schemes that has, is still and will still come, everyone is extra vigilant. Hence Blockvila initially ngexchanger came into operations in 2016. Blockvila is a trusted trading service provider in Nigeria, specializing in buying, selling, trading and exchange of digital currency such as Bitcoin, Ethereum, etc. We are driven by a vision to provide reliable and affordable digital servic ..read more

[4/19, 12:11 PM] blockvila.com: On April 18, the crypto market experienced one of the biggest price corrections it has ever had since the start of 2021. Many assets shed more than 20% of their value within a few hours and over $360 billion was shredded from the total capitalization. [4/19, 12:11 PM] blockvila.com: Bitcoin’s price slumped from its Wednesday all-time high (ATH) value of above $64,000 to as low as $50,700 on some exchanges on Sunday morning. And Ether (ETH) lost as much as 18% of its dollar value on that day, dropping from above $2,500 to $1,950. One cryptocurrency seemed unaf ..read more

Blockvila is one of the top cryptocurrency exchanges in Nigeria and also offers a crypto wallet where you can store cryptocurrencies. This guide will show how to use the Blockvila web wallet and how to use it. Sign up to www.blockvila.com You will be redirected to a registration page. all you need is to input your desired email and click continue. A confirmation mail will be sent to your inbox.   After confirmation, you will be redirected to a page to continue your registration. Input your desired username and click continue.  Once your username is registered, you will be red ..read more

Tesla is now offering Bitcoin as a payment option for its US customers. However, the Elon Musk-led company will retain the paid BTC and not convert it. Early February 2021, Elon Musk revealed in a filing with the U.S. Securities and Exchange Commission (SEC) that electric carmaker—Tesla—purchased $1.5 billion worth of Bitcoin and promised to accept BTC as a form of payment. This was one of the most significant BTC purchases for many crypto enthusiasts. To further substantiate this promise, Elon Musk announced via Twitter an hour ago, that Tesla will now support Bitcoin as a payment option. The ..read more

Image Source: Google.com On January 19, Treasure Secretary Nominee, Janet Yellen, responding to a question during her Senate confirmation hearing stated that cryptocurrencies are “a particular concern.” According to Yellen who has now backtracked on her earlier statement, digital assets are primarily used for illicit financing. Her comments about cryptocurrencies do not come as a surprise. Yellen is not the first person to voice out her misconception about Bitcoin and digital assets. The CEO of BlackRock – the world’s largest asset management firm, Larry Fink, described Bit ..read more

At the beginning of 2020, the prospects for Bitcoin (BTC), and by extension cryptocurrency markets, did not look too bright. Both were fitfully attempting to shake off a prolonged price slump and a rise in crypto crime. Market liquidity remained low, and institutional investors were still shying away from cryptocurrencies. Then the pandemic happened. Multiple rounds of unchecked stimulus spending by central banks shook Bitcoin from its price stupor and strengthened its economic proposition as a store of value. Its price coasted past the $20 ..read more

The Bank of England has created an international group to explore the possibility of developing a cryptocurrency backed by central banks. The central banks of Japan, Sweden, Switzerland and the eurozone joined the initiative, together with the Bank of International Settlement (BIS).The group will look at the economic and technical benefits that a bitcoin-style digital currency could offer. After Facebook announced plans to introduce a cryptocurrency called Libra last year, Global focus on central bank digital currencies (CBDC) intensified. The European Central Bank subse ..read more

Bitcoin jumped above $19,000 on Tuesday for the first time since 2017 as Wall Street and Main Street rekindled their interest in cryptocurrencies and extended the digital token’s rally. The world’s most popular cryptocurrency surged as much as 3.3% through the morning to an intraday high of $19,272.21. The gains brought Bitcoin just a hair below its all-time high of $19,783 reached in December 2017. Digital currencies have garnered attention in recent weeks as companies and traditional investors accept their uses. Square bought $50 million worth it bitcoins in October, saying it see ..read more