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 […]

MakerDAO’s Endgame Plan Sparks Debate in Crypto Community

Ethereum co-founder Vitalik Buterin recently sold all his MakerDAO’s MKR tokens in response to the news that MakerDAO is considering Solana for its blockchain network. Solana’s co-founder, Anatoly Yakovenko, has cautioned the blockchain community against harboring resentment towards Ethereum following recent praise from MakerDAO’s CEO, Rune Christensen. Christensen highlighted Solana’s technical prowess and optimization as […]

PayPal’s Stablecoin PYUSD Listed on Coinbase, Market Cap of Stablecoins Declines

PayPal’s stablecoin (PYUSD) has been listed on Coinbase, and other exchanges, after the likes of Kraken, ByBit, Huobi, and Crypto.com made it available for trading. Unfortunately, the last couple of months have been difficult for the asset class as the market cap of stablecoins declined for the 17th consecutive month. Tether’s USDT, Stellar’s (XLM), and […]

NPCI Seeks Blockchain Technologist to Investigate Payment System Opportunities

The National Payments Corporation of India (NPCI), an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies, is looking for a blockchain technologist to head and investigate opportunities for blockchain in current-day payment systems. The ideal candidate should have at least 6 years of experience in developing and implementing blockchain, […]

LSE Group to Launch Blockchain-Based Platform for Traditional Assets

The London Stock Exchange (LSE) Group is reportedly planning to create a blockchain-based platform that will offer traditional financial assets. According to the head of capital markets Murray Roos, the company has been looking into the potential of a blockchain-based trading venue for a year and is now ready to move forward with their plans. […]

Shibarium Surpasses 900,000 Transactions and 1 Million Wallets; Could it Boost SHIB Price?

Shibarium, part of the Shiba Inu Ecosystem, has achieved remarkable milestones with over 900,000 transactions and 1 million wallets. To bolster user trust and engagement, the Shibarium team has incorporated the hosted version of the Blockscout explorer into Shibariumscan. Additionally, the team is collaborating with multiple third-party bridge operators to increase the number of bridges […]

China’s Central Bank Digital Currency Upgrades Payment Tools for Retail Use

The People’s Bank of China’s Digital Currency Research Institute Director, Changchun Mu, recently spoke at the China International Service Trade Fair, expressing the desire to see the Chinese CBDC, or renminbi, included in all online retail payment options. Mu noted that the currency has undergone a major upgrade in terms of its organizational forms and […]

Next Cryptocurrencies to Explode: Sonik Coin, Synthetix, Wall Street Memes, Baby Shiba Inu, and PondCoin

Cryptocurrency investors are faced with two alternatives: either to buy the dip or explore altcoins. With the downtrends biting hard into crypto asset gains, investors are looking for the next cryptocurrencies to explode. Surprisingly, the investment tides appear in favor of the memes sector as assets in the category have reverted to exponential growth in […]

Crypto Volumes Fall for Fifth Month in a Row, Stablecoins See Gains

The total adjusted on-chain volume for the leading two crypto assets, Bitcoin and Ethereum, decreased by 6.3% to $176 billion in August. Bitcoin volumes fell by 6.7% and Ethereum by 5.7%, marking the fifth month of declines since March. On-chain volumes are down 56% from the same month last year.Stablecoin adjusted on-chain volume increased by […]

US District Court Allows Class Action Lawsuit Against HelbizCoin Creators to Proceed

A class action lawsuit against the creators of HelbizCoin has been allowed to proceed by a United States District Court, as per a court ruling filed on Sept. 1. The lawsuit was first brought against Helbiz, its CEO Salvatore Palella, and its partners in 2020, with an amended complaint filed in March 2022. The case […]