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Crypto Vaults: The modern-day savings account

It’s human nature to want the opposite of what we get, hence the famous saying “opposites attract” — and this couldn’t be more true with regards to the world of crypto.  In times of market volatility, many want the exact opposite. People want stability, security, and familiarity. This is why the rise of savings accounts,...

Exploring the future of mobile finance

In a recent virtual event hosted by Huawei as part of a series of webinars focusing on the Future of Finance both in South Africa and globally, the accomplished Group CEO of EOH Stephen Van Coller was interviewed by industry leader and founder at Innovation Catalysts Colin Iles about the quickly evolving landscape of mobile...

Myth or fact? All about USDC

Unlike Bitcoin, USDC is a stablecoin, which gives it different traits that may benefit certain investors. Stablecoins are a type of cryptocurrency programmed to track the value of other assets, such as government monies or gold. They are cryptocurrencies backed 1-to-1 by an underlying government fiat currency (US Dollars or Euros) stored in traditional financial institutions. Simply...

Ponzi schemes flourish in Nigeria’s declining economy

“I want to introduce you to one of the biggest investment platforms in Nigeria, RackSterli,” the pop star Davido told his millions of fans in a video last December. “If you invest with RackSterli, you’ll get paid within 12 to 24 hours, instant payment,” he continued. “It has built many millionaires.” Damilare Jamiu, a painter...

Five reasons why this crypto bull market still has a long way to go

When it rains, it pours! Much like the recent month in cryptocurrencies, negative news and FUD (Fear, Uncertainty and Doubt) have poured down to dampen the cryptocurrency market. Black Friday came early for the crypto world, and most coins are on a half-price sale, but is this the start of the bear market, or are...

The Top 10 — An easy fix to a complex market

Market Overview  Since the creation of Bitcoin in 2009, blockchain technologies and, in turn, cryptocurrencies have seen enormous growth. Even with the recent pullback in Bitcoin, it has still amassed a 209 000% return on investment, making it the best performing investment asset of the last decade.  While there are always sceptics to a new...
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