Day: May 9, 2023

Wakweli Inked New Partnership with Blockchain Lawyers Group for Web3 Certification

The partnership between Wakweli and the Blockchain Lawyers Group will offer a number of notable advantages that include but are not limited to boosting the liquidity of the entire Wakweli ecosystem. Wakweli, a Non-Fungible Token (NFT) certification protocol, has announced its latest partnership with the Blockchain Lawyers Group (BLG) as it seeks to establish its outfit as one of the most legitimate for certifying tokenized assets. As contained in the Press Release shared with Coinspeaker, Wakweli said the collaboration aims to enhance the evolving Web3 legal expertise and enable deeper…

4 Ways To Supercharge Your GameFi Project

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GameFi is a very promising use case for Web3 and the metaverse, but blockchain gaming builders shouldn’t forget the core elements that made video games popular in the first place. Harness the power of Web3 With billions of gamers active around the globe, the total addressable market for blockchain gaming projects is massive. The value proposition for GameFi is clear: instead of paying top dollar for video games and bonus downloadable content, why not have fun and earn something back for your time? Web3 technology has so much potential for…

Bitcoin fee spike spurs shift to Lightning Network — Binance and Coinbase line up

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The recent surge in Bitcoin (BTC) transaction fees has lit a fire under one of the largest crypto exchanges to upgrade to the Bitcoin Lightning Network. Following a second halt in withdrawals, Binance announced it would work on “enabling BTC Lightning Network withdrawals, which will help in such situations.” To prevent a similar recurrence in the future, our fees have been adjusted. We will continue to monitor on-chain activity and adjust accordingly if needed. Our team has also been working on enabling BTC Lightning Network withdrawals, which will help in…

Private Equity Giant Apollo Global Shows Interest in Acquiring Bankrupt Crypto Firm Celsius

Apollo Global, with $500 billion in assets under management, is looking to revamp the bankrupt Celsius Network in partnership with Provenance Blockchain. It’s nearly a year since crypto lender Celsius Network filed for bankruptcy after slipping into a liquidity crisis following the fall of the Terra ecosystem. In the latest development, private-equity giant Apollo Global Investments, with $500 billion in assets under management, announced its participation in the bid of acquiring bankrupt crypto lender Celsius Network. The person familiar with the matter said that Apollo is an investor in the…

Binance Dives Into the Metaverse With BuildTheBlock Competition

The first edition of the Binance BuildTheBlock competition will feature 12 contests. The Binance exchange, the world’s largest digital currency trading platform has launched the BuildTheBlock competition, a reality TV show that it said will be streaming entirely in the metaverse. Tagged as the first of its kind, the BuildTheBlock competition is designed to help aspiring Web 3.0 entrepreneurs pitch their ideas to a panel of judges in a live audience. For the first time ever, we’re bringing the thrill of reality shows to the metaverse with #BuildTheBlock! Watch as…

Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market

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Exploring the Surging Interest of Retail Investors in Cryptocurrency in 2023

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2023 has seen a striking increase in interest from retail investors as a result of cryptocurrency’s ability to draw in investors from all around the world. Retail investors are becoming more interested in this new asset class as digital currencies become more widely accepted and have the ability to generate returns. This article investigates the variables influencing the increased interest of retail investors in cryptocurrencies. Availability and Usability The increasing accessibility and user-friendly platforms offered for bitcoin investments are a major factor in the rise in interest from retail investors.…

Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem – Blockchain Bitcoin News

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The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the [blockchain] ecosystem.” The unveiling of the adoption strategy document has also been hailed as a step that will lend “some form of legitimacy” to a technology that many Nigerians still only associate with cryptocurrency. Central Bank Expected to Eventually Change Its Position on Crypto The Nigerian government’s recent approval of a blockchain adoption strategy has been hailed by advocates of the technology as…