A Nigerian blockchain industry leader has described the recent approval of two crypto exchanges by the securities regulator as a positive step that improves the image of Nigeria’s crypto space. The leader believes clear regulations will attract foreign investors and benefit Nigerian entrepreneurs. He also urged Nigeria to follow the rule of law regarding the […] Source
Tag: Blockchain
Blockchain Poised to Modernize Payment Solutions
James Ding Aug 30, 2024 22:54 Blockchain technology is set to revolutionize the payment industry by offering faster, cheaper, and more efficient solutions for cross-border transactions, according to BinanceResearch. Blockchain technology is set to revolutionize the payment industry by offering faster, cheaper, and more efficient solutions for cross-border transactions, according to BinanceResearch. Outdated Infrastructure The current payments industry, despite its size and rapid growth, relies heavily on outdated infrastructure that has been in place for over 50 years. Modern fintech companies and…
Binance Research Report: Blockchain Could Transform Cross-Border Transactions
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower costs and speed up settlements, offering a new direction for global payments infrastructure. Blockchain Gains Momentum in the Payments Industry as Binance Highlights […] Source CryptoX Portal
FET Holder Influx Boosts Mpeppe: Is This a Bullish Signal for the Future of Blockchain and AI?
Recently, the Mpeppe (MPEPE) token has caught the attention of Fetch AI (FET) holders, sparking a wave of interest that could be a bullish signal for both blockchain technology and artificial intelligence (AI) in the decentralized finance (DeFi) space. But what does this influx of Fetch AI (FET) holders into Mpeppe mean for the future of these technologies? The Current State of Fetch AI: A Downturn with Potential Fetch AI (FET) has been a significant player in the AI-driven cryptocurrency market, known for its innovative approach to integrating AI and…
Artfi Leverages Sui Blockchain to Democratize Blue-chip Art Investments
Rebeca Moen Aug 30, 2024 12:09 Artfi uses Sui’s dynamic NFT technology to fractionalize high-end artworks, making blue-chip art investments accessible to a wider audience. Artfi, a company aiming to democratize high-end art investments, is leveraging the Sui blockchain to make blue-chip art accessible to a broader audience by fractionalizing artworks using dynamic NFT technology, according to The Sui Blog. Transforming Art Investments Founded by Asif Kamal, Artfi seeks to enable more people to invest in world-class art by turning high-end artworks…
Blockchain Developer Alchemy Buys BWare, Pushing Into Europe, Adding About 25% to Staff
“The EU represents about a quarter of the Web3 market, and so it’s just even more important for us to be there today, as we look to expand,” said Lau. “So both from a serving-developers-better, and from a hiring standpoint, we really wanted to be in the EU.” Source link
DTX Exchange’s Layer-1 Blockchain Soars After Testnet Launch
DTX Exchange (DTX) has taken center stage in the crypto market after announcing the much-awaited testnet launch. The decentralized trading platform has also surpassed $1.8 million raised in its ongoing presale weeks ahead of expected. This development is expected to accelerate the development of a unified trading ecosystem. Analysis of DTX Exchange’s Unified Platform DTX Exchange (DTX) was envisioned as a cutting-edge platform that brought together conventional and decentralized assets under a single umbrella. The DeFi exchange provides retail traders with maximum capital access along with a suite of trading…
Tether Collaborates with Rezo Money to Enhance Blockchain Education in Guinea
Darius Baruo Aug 29, 2024 02:40 Tether and Rezo Money team up to promote blockchain education in Guinea, aiming to boost digital literacy and financial inclusion. Tether Operations Limited, a leading company in the digital asset industry, has announced a strategic partnership with Rezo Money, a digital payment platform, to advance blockchain education in Guinea. This collaboration aims to foster digital literacy and financial inclusion in emerging markets, according to tether.io. Educational Workshops in Conakry As part of this initiative, Rezo Money…
Telegram-Linked TON Blockchain Suffers Second Outage
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The Impact of Telegram CEO’s Arrest on TON Blockchain
TON OF TROUBLE. With Telegram CEO Pavel Durov set to appear in a French court on Wednesday, blockchain analysts are weighing the possible impact on the closely affiliated TON blockchain, officially called The Open Network. Alex Thorn, Galaxy Digital’s head of research, reminded investors in a report that the value of the TON blockchain and its native token, toncoin (TON), are “substantially dependent” on the project’s integration with Telegram. The TON price tumbled after the news that Durov was arrested on Saturday – detained as part of an investigation into…