Ajibola Akamo, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Tue, 25 Apr 2023 06:45:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.2 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?w=32 Ajibola Akamo, Author at Nairametrics 32 32 What you need to know about MiCA – First ever crypto regulation https://nairametrics.com/2023/04/25/what-you-need-to-know-about-mica-first-ever-crypto-regulation/ https://nairametrics.com/2023/04/25/what-you-need-to-know-about-mica-first-ever-crypto-regulation/#respond Tue, 25 Apr 2023 06:45:26 +0000 https://nairametrics.com/?p=447516 What you need to know about MiCA – First ever crypto regulationThe European Union has approved the world's first comprehensive regulation on cryptocurrencies, known as the Markets in Crypto Assets (MiCA) Act.

The post What you need to know about MiCA – First ever crypto regulation appeared first on Nairametrics.

]]> https://nairametrics.com/2023/04/25/what-you-need-to-know-about-mica-first-ever-crypto-regulation/feed/ 0 New renewable energy projects emerge to reduce energy consumption of Bitcoin mining https://nairametrics.com/2023/04/24/new-projects-looking-to-mitigate-bitcoin-minings-energy-footprint/ https://nairametrics.com/2023/04/24/new-projects-looking-to-mitigate-bitcoin-minings-energy-footprint/#respond Mon, 24 Apr 2023 19:25:34 +0000 https://nairametrics.com/?p=447477 New Projects Looking to Mitigate Bitcoin Mining’s Energy FootprintThe surge in mining activity has raised concerns about the environmental impact of Bitcoin as it requires big energy to maintain the network.

The post New renewable energy projects emerge to reduce energy consumption of Bitcoin mining appeared first on Nairametrics.

]]> https://nairametrics.com/2023/04/24/new-projects-looking-to-mitigate-bitcoin-minings-energy-footprint/feed/ 0 Gold and Oil Prices Fall Short as Russia and Interest Rate Hikes Becomes Focus https://nairametrics.com/2023/04/23/gold-and-oil-prices-fall-short-as-russia-and-interest-rate-hikes-becomes-focus/ https://nairametrics.com/2023/04/23/gold-and-oil-prices-fall-short-as-russia-and-interest-rate-hikes-becomes-focus/#respond Sun, 23 Apr 2023 20:05:54 +0000 https://nairametrics.com/?p=447332 Gold and Oil Prices Fall Short as Russia and Interest Rate Hikes Becomes FocusRemote workers need clear communication and guidance from their managers to stay on track and feel supported.

The post Gold and Oil Prices Fall Short as Russia and Interest Rate Hikes Becomes Focus appeared first on Nairametrics.

]]> https://nairametrics.com/2023/04/23/gold-and-oil-prices-fall-short-as-russia-and-interest-rate-hikes-becomes-focus/feed/ 0 Commodities React Negatively to Hawkish Fed Comments https://nairametrics.com/2023/04/17/energy-and-precious-metals-see-bearish-price-action-on-hawkish-fed-comments/ https://nairametrics.com/2023/04/17/energy-and-precious-metals-see-bearish-price-action-on-hawkish-fed-comments/#respond Mon, 17 Apr 2023 08:16:49 +0000 https://nairametrics.com/?p=446247 Federal Reserve Governor Christopher Waller's comments on desiring more monetary tightening have triggered a mini crash in gold prices.

The post Commodities React Negatively to Hawkish Fed Comments appeared first on Nairametrics.

]]> https://nairametrics.com/2023/04/17/energy-and-precious-metals-see-bearish-price-action-on-hawkish-fed-comments/feed/ 0 99.50% of Cryptocurrency Investors Did Not Pay Tax in 2022 https://nairametrics.com/2023/04/11/99-50-of-cryptocurrency-investors-did-not-pay-tax-in-2022/ https://nairametrics.com/2023/04/11/99-50-of-cryptocurrency-investors-did-not-pay-tax-in-2022/#respond Tue, 11 Apr 2023 10:46:42 +0000 https://nairametrics.com/?p=445409 99.50% of Cryptocurrency Investors Did Not Pay Tax in 2022The global tax payment rate for crypto is estimated at 0.53% in 2022, with Finland as the highest at 4.09%, and the Philippines as the lowest.

The post 99.50% of Cryptocurrency Investors Did Not Pay Tax in 2022 appeared first on Nairametrics.

]]> https://nairametrics.com/2023/04/11/99-50-of-cryptocurrency-investors-did-not-pay-tax-in-2022/feed/ 0 Deep Dive: $452 Million Was Lost to Hacks In The First Quarter Of 2023 https://nairametrics.com/2023/04/10/deep-dive-452-million-was-lost-to-hacks-in-the-first-quarter-of-2023/ https://nairametrics.com/2023/04/10/deep-dive-452-million-was-lost-to-hacks-in-the-first-quarter-of-2023/#respond Mon, 10 Apr 2023 07:54:18 +0000 https://nairametrics.com/?p=445250 The rise of cryptocurrencies has been accompanied by an increasing number of hacking and scamming attempts that target digital assets.

The post Deep Dive: $452 Million Was Lost to Hacks In The First Quarter Of 2023 appeared first on Nairametrics.

]]> https://nairametrics.com/2023/04/10/deep-dive-452-million-was-lost-to-hacks-in-the-first-quarter-of-2023/feed/ 0 Top 5 Cryptocurrencies to watch in April 2023 if you want to make money https://nairametrics.com/2023/04/05/top-5-cryptocurrencies-to-watch-in-april-2023/ https://nairametrics.com/2023/04/05/top-5-cryptocurrencies-to-watch-in-april-2023/#respond Wed, 05 Apr 2023 07:19:34 +0000 https://nairametrics.com/?p=444656 Crypto marketThe cryptocurrency market posted a bullish performance in March despite regulatory and market FUD, with Bitcoin gaining 23.03%, Ethereum remaining the largest smart contract platform, and XRP hitting a 10-month high.

The post Top 5 Cryptocurrencies to watch in April 2023 if you want to make money appeared first on Nairametrics.

]]> https://nairametrics.com/2023/04/05/top-5-cryptocurrencies-to-watch-in-april-2023/feed/ 0 Euler Finance Hacked for $200 Million – Expert Opinion https://nairametrics.com/2023/03/28/euler-finance-hacked-for-200-million-expert-opinion/ https://nairametrics.com/2023/03/28/euler-finance-hacked-for-200-million-expert-opinion/#respond Tue, 28 Mar 2023 06:44:08 +0000 https://nairametrics.com/?p=443339 It's 2023 and despite crypto recovering from last year’s market downturn, the hacks in the space have yet to reduce

The post Euler Finance Hacked for $200 Million – Expert Opinion appeared first on Nairametrics.

]]> https://nairametrics.com/2023/03/28/euler-finance-hacked-for-200-million-expert-opinion/feed/ 0 Deep Dive: The European Union’s Cryptocurrency Kill Switch and Why it Matters https://nairametrics.com/2023/03/24/deep-dive-the-european-unions-cryptocurrency-kill-switch-and-why-it-matters/ https://nairametrics.com/2023/03/24/deep-dive-the-european-unions-cryptocurrency-kill-switch-and-why-it-matters/#respond Fri, 24 Mar 2023 08:15:07 +0000 https://nairametrics.com/?p=442850 Key Highlights The European Union has updated the Data Act with refined rules regarding crypto, including the requirement for smart contract creators to add a “kill switch” as an added security measure. The “kill switch” requirement has become divisive, with some crypto projects opposing the act for encroaching on a core crypto tenet, decentralization. The […]

The post Deep Dive: The European Union’s Cryptocurrency Kill Switch and Why it Matters appeared first on Nairametrics.

]]> https://nairametrics.com/2023/03/24/deep-dive-the-european-unions-cryptocurrency-kill-switch-and-why-it-matters/feed/ 0 Is Crypto to blame for the collapse of 3 U.S. banks in one week? https://nairametrics.com/2023/03/16/is-crypto-to-blame-for-the-collapse-of-3-u-s-banks-in-one-week/ https://nairametrics.com/2023/03/16/is-crypto-to-blame-for-the-collapse-of-3-u-s-banks-in-one-week/#comments Thu, 16 Mar 2023 07:29:30 +0000 https://nairametrics.com/?p=441453 The Collapse of Three U.S. Banks in One Week – Is Crypto to Blame?SVB and the other collapsed banks are regarded as “cryptocurrency friendly”, thus raising the question as if crypto caused the collapse

The post Is Crypto to blame for the collapse of 3 U.S. banks in one week? appeared first on Nairametrics.

]]> https://nairametrics.com/2023/03/16/is-crypto-to-blame-for-the-collapse-of-3-u-s-banks-in-one-week/feed/ 1 Gold Trades over $1,900 amid collapse of several U.S banking stocks https://nairametrics.com/2023/03/14/gold-trades-over-1900-amid-collapse-of-several-u-s-banking-stocks/ https://nairametrics.com/2023/03/14/gold-trades-over-1900-amid-collapse-of-several-u-s-banking-stocks/#respond Tue, 14 Mar 2023 07:41:46 +0000 https://nairametrics.com/?p=441068 Gold Trades Over $1,900 Amid the Fall of Several U.S. Banking StocksGold is on a bullish run amid the collapse of three U.S. banks, two of which are regarded as the second and third largest banking collapse in U.S history.

The post Gold Trades over $1,900 amid collapse of several U.S banking stocks appeared first on Nairametrics.

]]> https://nairametrics.com/2023/03/14/gold-trades-over-1900-amid-collapse-of-several-u-s-banking-stocks/feed/ 0 Crypto market rallies on U.S. banking stock woes https://nairametrics.com/2023/03/14/crypto-market-rallies-on-u-s-banking-stock-woes/ https://nairametrics.com/2023/03/14/crypto-market-rallies-on-u-s-banking-stock-woes/#respond Tue, 14 Mar 2023 06:37:32 +0000 https://nairametrics.com/?p=441054 Crypto Market Rallies on U.S. Banking Stock WoesCryptocurrencies are on a tear at the start of the week amid a broader rally in risk assets, after regulators on Sunday announced the closure of Signature Bank

The post Crypto market rallies on U.S. banking stock woes appeared first on Nairametrics.

]]> https://nairametrics.com/2023/03/14/crypto-market-rallies-on-u-s-banking-stock-woes/feed/ 0 Over $205 million liquidated as crypto market losses trillion dollar status https://nairametrics.com/2023/03/11/over-205-million-liquidated-as-crypto-market-losses-trillion-dollar-status/ https://nairametrics.com/2023/03/11/over-205-million-liquidated-as-crypto-market-losses-trillion-dollar-status/#respond Sat, 11 Mar 2023 11:26:02 +0000 https://nairametrics.com/?p=440619 New Projects Looking to Mitigate Bitcoin Mining’s Energy FootprintBitcoin is trading below $20,000 for the first time in nearly two months, following the collapse of Silvergate Bank and Silicon Valley Bank.

The post Over $205 million liquidated as crypto market losses trillion dollar status appeared first on Nairametrics.

]]> https://nairametrics.com/2023/03/11/over-205-million-liquidated-as-crypto-market-losses-trillion-dollar-status/feed/ 0 Top 5 cryptocurrencies to watch in March 2023 https://nairametrics.com/2023/03/07/top-5-cryptocurrencies-to-watch-in-march-2023/ https://nairametrics.com/2023/03/07/top-5-cryptocurrencies-to-watch-in-march-2023/#respond Tue, 07 Mar 2023 06:03:20 +0000 https://nairametrics.com/?p=439775 Top 5 Cryptocurrencies to Watch in March 2023Amid the current bullish trend seen in the market, here is a look at 5 cryptocurrencies investors should watch out for in March 2023.

The post Top 5 cryptocurrencies to watch in March 2023 appeared first on Nairametrics.

]]> https://nairametrics.com/2023/03/07/top-5-cryptocurrencies-to-watch-in-march-2023/feed/ 0 How blockchain technology can improve Nigeria’s healthcare system https://nairametrics.com/2023/03/04/how-blockchain-technology-can-improve-nigerias-healthcare-system/ https://nairametrics.com/2023/03/04/how-blockchain-technology-can-improve-nigerias-healthcare-system/#respond Sat, 04 Mar 2023 07:38:16 +0000 https://nairametrics.com/?p=439440 How Blockchain Technology Can Improve HealthcareHighlighted below are some of the specific ways blockchain technology can be used to improve healthcare provision in Nigeria. 

The post How blockchain technology can improve Nigeria’s healthcare system appeared first on Nairametrics.

]]> https://nairametrics.com/2023/03/04/how-blockchain-technology-can-improve-nigerias-healthcare-system/feed/ 0 Game and Metaverse tokens show strong start to 2023 https://nairametrics.com/2023/03/02/game-and-metaverse-tokens-show-strong-start-to-2023/ https://nairametrics.com/2023/03/02/game-and-metaverse-tokens-show-strong-start-to-2023/#respond Thu, 02 Mar 2023 12:31:25 +0000 https://nairametrics.com/?p=438956 After experiencing ups and downs throughout 2022, the gaming segment of the blockchain industry has started 2023 with encouraging numbers

The post Game and Metaverse tokens show strong start to 2023 appeared first on Nairametrics.

]]> https://nairametrics.com/2023/03/02/game-and-metaverse-tokens-show-strong-start-to-2023/feed/ 0 Why INEC should consider adopting blockchain to improve Nigeria’s electoral process https://nairametrics.com/2023/02/25/why-inec-should-consider-adopting-blockchain-to-improve-nigerias-electoral-process/ https://nairametrics.com/2023/02/25/why-inec-should-consider-adopting-blockchain-to-improve-nigerias-electoral-process/#respond Sat, 25 Feb 2023 10:09:29 +0000 https://nairametrics.com/?p=438354 INEC to hold suplementary election on April 15In this article, we will discuss how blockchain technology could help Nigeria improve her electoral process

The post Why INEC should consider adopting blockchain to improve Nigeria’s electoral process appeared first on Nairametrics.

]]> https://nairametrics.com/2023/02/25/why-inec-should-consider-adopting-blockchain-to-improve-nigerias-electoral-process/feed/ 0 Coinbase launches its very own Layer 2 Network; why it matters https://nairametrics.com/2023/02/24/coinbase-launches-its-very-own-layer-2-network/ https://nairametrics.com/2023/02/24/coinbase-launches-its-very-own-layer-2-network/#respond Fri, 24 Feb 2023 15:26:27 +0000 https://nairametrics.com/?p=438294 Coinbase Launches its Very Own Layer Two NetworkCoinbase announced the launch of its own Layer 2 Ethereum Network called “Base", designed to provide faster and cheaper transactions for Ethereum users.

The post Coinbase launches its very own Layer 2 Network; why it matters appeared first on Nairametrics.

]]> https://nairametrics.com/2023/02/24/coinbase-launches-its-very-own-layer-2-network/feed/ 0 Crude oil and precious metal are struggling to maintain bullish trend https://nairametrics.com/2023/02/22/crude-oil-and-precious-metal-are-struggling-to-maintain-bullish-trend/ https://nairametrics.com/2023/02/22/crude-oil-and-precious-metal-are-struggling-to-maintain-bullish-trend/#respond Wed, 22 Feb 2023 07:23:15 +0000 https://nairametrics.com/?p=437789 Precious Metal and Oil Struggle to Maintain Bullish TrendCrude oil prices struggled to turn bullish at the start of the week, as traders assessed optimism over China’s recovery

The post Crude oil and precious metal are struggling to maintain bullish trend appeared first on Nairametrics.

]]> https://nairametrics.com/2023/02/22/crude-oil-and-precious-metal-are-struggling-to-maintain-bullish-trend/feed/ 0 Bitcoin starts week positive, pushes towards $25,000 https://nairametrics.com/2023/02/21/bitcoin-starts-week-positive-pushes-towards-25000/ https://nairametrics.com/2023/02/21/bitcoin-starts-week-positive-pushes-towards-25000/#respond Tue, 21 Feb 2023 07:07:26 +0000 https://nairametrics.com/?p=437657 Bitcoin Starts the Week Pushing Towards $25,000Bitcoin started the week trading at $24,800, as ether, the native token of the Ethereum blockchain, traded at $1,689. 

The post Bitcoin starts week positive, pushes towards $25,000 appeared first on Nairametrics.

]]> https://nairametrics.com/2023/02/21/bitcoin-starts-week-positive-pushes-towards-25000/feed/ 0