Cardano’s native cryptocurrency, ADA was trading at $0.9203 at the time of writing and is currently the fourth-largest cryptocurrency by market cap. For a token that surged by over 400% since the beginning of the year, questions arose as to what exactly caused the sudden surge in its price. According to Cardano Founder Charles Hoskinson,...Read More
Bitcoin’s status as a safe-haven asset has been one of its key selling points for a long time. In fact, this has enabled the world’s largest and most dominant cryptocurrency to welcome more users into the ecosystem, especially in light of the fact that citizens in failing economies are rapidly losing faith in their depreciating...Read More
With one Bitcoin Cash House now established in Venezuela, the grassroots movement is independently spreading to other locations. Read.cash user ‘Koush’ has announced that the new BCH House Ghana has secured and paid for its location and will launch sometime this month. The independent movement to establish informational centers for those interested in peer-to-peer electronic...Read More
A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project. Also read: Skrill Now...Read More
Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native blockchain, the Binance Chain. The crypto momentum in Africa doesn’t seem to die down. Budding startups are leveraging blockchain and decentralized ledger technology to create novel applications that will change the future...Read More
The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care. Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings In its December 2019 edition of ‘The Nigerian Banker’, the Chartered Institute of Bankers of Nigeria (CIBN) highlighted how bitcoin is booming in Nigeria,...Read More
Look up “hyperinflation” in the dictionary, and you’ll probably find a picture of Zimbabwe’s 100 trillion dollar bill. The country has become an unfortunate poster for economic mismanagement, but one project, Zimbocash, is seeking to heal Zimbabwe’s economic woes with a token on the TRON blockchain. Zimbocash is not the only cryptocurrency attempting to make...Read More
Alongside several financial and non-financial institutions finally embracing crypto, successful entrepreneurs from other business sectors have also taken the leap, with many launching their own brand of new cryptocurrencies. One of the most prominent figures in this space is renowned musician and record producer, Akon, who made a rare appearance in an interview to discuss...Read More
