Things You Must Know About Libra Cryptocurrency. The Facebook New Cryptocurrency.

By Ogbuowelu Uchechukwu

Libra Cryptocurrency dubbed Facebook cryptocurrency is set to launch mid 2020 after the whitepaper was released in June 2019. Many financial institutions has taken a negative stance towards Libra development. Some notable financial institutions around the world has spoken on its negative effects towards the financial institutions. The US government has ordered Facebook to halt…

Hacker Moves $6 million Stolen Funds From Binance.

By Ogbuowelu Uchechukwu

Binance hackers are moving once more, part the stolen assets. Confirm, affirmed the move of assets from the binance hacker address. From Coinfirm’s report, the hackers moved 1,060.64474480 BTC or $6,148,122.40 in various events lessening its number in various events. On June 12, 2019, the hacker moved over $6 million from this bitcoin wallet, bc1q2rdpyt…..,…

Central Bank Of Egypt Set To Ban Cryptocurrency And Encrypted Currency Trading Without Legal License

By Ogbuowelu Uchechukwu

Central Bank of Egypt (CBE) creates a new law banning the promotion or operation of platforms for issuing or trading encrypted currency or cryptocurrency without obtaining the needed legal licenses from authorities, reported Egypt Independent. The draft bills grants the CBE to issue guidelines governing the trading and dealing on encrypted currency and cryptocurrency according…