Stellar Development Foundation Publishes Framework to Enhance Financial Inclusion

The Stellar Development Foundation has released a financial inclusion framework that provides insights into the role of blockchain technology in facilitating payments both locally and internationally. The framework was developed in cooperation with PricewaterhouseCoopers International (PwC) and focuses on four countries: Kenya, the Philippines, Columbia, and Argentina.The framework provides a methodology to assess the capabilities […]

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Binance Charity Donates $3 Million in BNB to Earthquake-Stricken Morocco

Binance, the leading global cryptocurrency exchange, has launched a humanitarian initiative in response to the devastating earthquake that has struck Morocco. Binance Charity will donate $3 million in BNB (Binance Coin) to Moroccan users who had verified POAs before September 9, 2023. Additionally, Binance will give $25 in BNB to POA verification users between September […]

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Nigerians Lead Global Crypto Awareness, Web3 Understanding Lags

Nigeria has emerged as a global leader in cryptocurrency awareness, according to a recent study by blockchain and Web3 software company Consensys. The survey, conducted by YouGov and Consensys, was taken by 15,158 people across 15 countries, including the U.S., the U.K., Argentina, France, India, Japan, Mexico, South Korea, the Philippines, and Nigeria.The survey found […]

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Nigerians Lead the World in Cryptocurrency Awareness and Investment

Nigeria and South Africa have the most cryptocurrency-aware populace in the world, according to a global survey conducted by Consensys and YouGov. The survey included 15,158 individuals from 15 countries between the ages of 18 and 65. Nigeria had 99% of respondents who indicated that they were aware of cryptocurrencies, while 70% said they understood […]

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African Crypto Adoption: Onboarding Users and Regulations Explored on Hashing It Out Podcast

The African continent is a promising market for crypto adoption due to its young population, economic mismanagement by governments, and inadequate financial infrastructure. On Episode 28 of Hashing It Out, host Elisha Owusu Akyaw was joined by Christian Duffus, founder of Fonbnk, to discuss the complexity of onboarding users from the continent. Duffus shared his […]

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Shiba Inu’s Shibarium Triples in Size in 24 Hours

The Shiba Inu network has seen an impressive surge in activity, with transaction numbers skyrocketing to 520,000 and node validators processing 370,000 blocks in a matter of days. Unification has stepped up its game in the blockchain world with the debut of a validator node on the Shibarium platform, offering fresh avenues of interaction for […]

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BRICS Nations Expand, Eyeing Alternative Currency to US Dollar

The BRICS nations (Brazil, Russia, India, China, and South Africa) are pushing for de-dollarization in order to protect powerful nations from the ebbs and flows of the dollar exchange rate. As the bloc continues to expand with the addition of new members, it is estimated that BRICS will control approximately 30% of the world’s economy.The […]

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South African crypto platform “Africrypt” steals 3.6 billion USD

The two South African brothers behind the crypto investment platform “Africrypt” have disappeared along with 3.6 billion USD in bitcoin bought with investors’ funds. Regulators in South Africa are now looking to take action following what might be one of the world’s biggest crypto frauds. Two South African brothers, Ameer and Raees Cajee, have reportedly disappeared, taking […]

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