Blockchain technology has changed the way modern people invest into assets, attracting younger and less affluent investors into the space. Over a decade after the release genesis block on the Bitcoin network, blockchain technology has changed how people invest their money, with many platforms in the crypto space having much more relaxed requirements for investors…
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Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of over $325 million during the same period, now ranks as the crypto exchange’s second-largest African market, and fifth overall.
Financial Exclusion Driving P2P…
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There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a report has said. One of the reasons for this is member states’ delays in meeting targets as set out in the roadmap.
Attainment of Single Regional Currency a Top…
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A new report by the Crypto Carbon Ratings Institute (CCRI) showcases the environmental sustainability of the TRON network. According to the “Energy Efficiency and Carbon Footprint of the TRON Blockchain” report, the highly popular TRON network only consumes as much electricity as just fifteen average U.S. households. The Environmental Sustainability of the TRON Network The…
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Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are said to be the countries more affected by this phenomenon, and their recovery will depend on other factors to attenuate the effects…
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The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors are halting the advance of the necessary legislation. Two Draft Laws on Mining Await Approval by the Russian…
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The price of Ethereum’s native ETH token rallied on Thursday after the Ethereum Foundation on Wednesday announced that the Bellatrix upgrade – a key step that must be completed before the Merge – is scheduled for September 6. As of Thursday at 09:30 UTC, ETH stood at 1,707. The token is up 4.2% for the…
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The Brazilian Senate wants to recruit experts with advanced knowledge of cryptoassets and blockchain technology – likely in a bid to help it better form legislation for the nation’s fledgeling crypto industry…. Read More: Brazil’s Senate Seeking to Hire Crypto and Blockchain Experts to Advise It on Policy Read more »Sign up for e-EUR –…
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The market for non-fungible tokens (NFTs) has seen a relief rally in the sales volume over the past 24 hours, while blockchain analysis firm Elliptic found that over USD 100m in NFTs have been stolen over the past year. The overall trading volume of blue-chip NFTs has seen an uptick over the past day. At…
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Owners of luxury watches can now verify ownership as NFTs and then take DeFi loans out against them, while Miley Cryus may soon enter the metaverse and NFTs with new patents. Global confectionery giant Mars has teamed up with virtual metaverse band KINGSHIP to create limited edition boxes of M&M’S featuring content from the Bored…
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