Connect with us

Business

Trump to Launch New Crypto Exchange

Published

on


Former President Donald Trump will announce World Liberty Financial, a new cryptocurrency exchange, on September 16, 2024, with his sons Donald Trump Jr. and Eric Trump managing the platform. The exchange will reserve 70% of its tokens for insiders and sell 30% publicly.

This move aligns with Trump’s campaign promise to lead in crypto, though it raises concerns about potential conflicts of interest and the use of federal resources. Despite past criticism of cryptocurrencies, Trump’s campaign now supports digital currencies and accepts crypto donations.


 

Business

Bitcoin and Dollar Rise Again With Donald Trump’s Win In Election

Published

on


The US Dollar and Bitcoin rise again as Trump reportedly wins the presidential election with 279 Electoral College votes against Kamala Harris’s 22. Major investors have now returned and do no longer need to be cautious.

Investors now anticipate Trump’s policies economically, Dollar has now strengthen again and is now against Euro and Pound which were gaining benefits over Dollar being weak. With Trump’s win, crypto and Bitcoin have strongly risen and are set with expectations higher prices and a boost in U.S savings returns.


 

Continue Reading

Business

USD Weakens Amid The Upcoming US Presidential Election

Published

on


The Upcoming United State Presidential has caused USD to be weak due to the investors being cautious of the outcome. Meanwhile other countries are gaining strength in their currency and benefitting from this weakness. Euro and GBP keeps rising and gaining against USD.

Gold prices still remain stables despite the recent deadline and the Australian inflation keeps rising. Markets are now watching the political movement to serve as guidance.


 

Continue Reading

Business

Dr. Aguoru States The Use Of Card Pins Online Has A High Security Risk

Published

on


Security Expert, Dr. Kingsley Aguoru has advised the Central Bank of Nigerian (CBN) and Economic and Financial Crimes Commission (EFCC) to stop the use of online transactions through Card Pins as it results to a security risk.

He emphasized the risks we can be exposed to, phishing and cyber threats, he states that the use of one-time passwords can serve as an aid in this to better the security.

The expert shares that pins are only safe when in use for ATM and Pos but not online, due to cyber risks. He expressed that information can be leaked from the continuous use of sharing pins online.


 

Continue Reading

Trending