A decentralized application is an application that operates on a decentralized network, such as a blockchain, without a central authority governing its operations. ...

A new crypto exchange backed by firms including Fidelity Digital Assets, Charles Schwab Corp. and Citadel Securities has confirmed that it has gone live. This launch could reshape the digital-asset landscape amid heightened regulation and scrutiny of the cryptocurrency sector. EDX Markets is a new crypto exchange designed to meet both the needs of native digital assets firms and the largest financial institutions globally. The creators of EDX intended to enable faster, safer, and more efficient cryptocurrency trading, leveraging best practices from traditional financial markets on a purpose-built platform.

The spectacular rise of the cryptocurrency industry has presented a fresh challenge for financial regulators. Some researchers and policymakers have warned the overly aggressive crypto market regulation might clutter the promising new financial asset class. Others have indicated that businesses could flee the jurisdictions whose regulations they consider ‘anti-crypto’ to the less regulated jurisdictions. Moreover, some have suggested that crypto regulatory actions will inspire market activity by offering clarity to participants.

The SEC named ADA, SOL, and MATIC in lawsuits filed against Coinbase and Binance. The SEC referred to the three crypto-assets targeted for delisting from Robinhood as unregistered securities in the lawsuits. The lawsuits are part of a broader SEC endeavour to regulate the crypto industry.

Wash trading is a form of illicit market manipulation where an entity buys and sells the same financial asset to create a false impression of market activity. This practice gained traction with the rise of electronic trading in the early 2010s, as algorithmic trading programs began churning trades at unprecedented speeds. This old illegal financial market trick has unfortunately found its way into the crypto industry.

The metaverse evolution supports outstanding creativity and opens new prospects for businesses, brands, and the community. In Africa, vibrant tech start-up environments are already propelling job creation and economic progress. In the future, they will contribute to shaping and inventing technologies that will revolutionise how people live and work and influence the common digital future.

Many factors affect the value and price of cryptocurrencies, but supply and demand have proven the most significant. Supply and demand have prominent factors that determine the value and price of cryptocurrencies. For instance, if users are not interested in buying a particular coin, the demand for that coin falls, leading to a bearish price trend.

Bitcoin’s security is based on the proof-of-work concept, where miners compete to solve complex mathematical problems to add new blocks to the Blockchain. Bitcoin’s limited supply ensures that miners will always have rewards. The rewards incentivize miners to continue mining and securing the network. With the limit hardcoded into the Bitcoin protocol, nobody can alter on interfere, including miners and developers.

As the crypto industry grows and matures, creating a legal framework that can balance innovation with consumer protection and financial stability is necessary. ...

Blockchain technology can solve Africa’s financial needs—precisely the disruption needed to level the playing field. This parallel financial structure can serve a tangible social good, offering an onramp to Africa’s financial landscape for people who would otherwise be excluded. The local currencies’ depreciation in Africa has made them no longer a safe store of value. While remittances comprise a hefty portion of GDP, international sanctions complicate linkages to the global economy. Thus, blockchain and crypto can offer a lifeline for the survival of Africa’s financial landscape.

African nations should build robust and stable economies that are less reliant on natural resources and more diverse. Potential transformation might come from investing in education research and innovation, infrastructure, improving governance, and reducing corruption. While Bitcoin could offer future advantages as a reserve currency, it is unlikely to be a realistic alternative for many African nations in the short term. Instead, African governments should concentrate on developing robust and stable economies less exposed to external shocks while remaining resilient to global market challenges.

The relationship between crypto and inflation is undeniable. Inflation can initially cause a decline in the value of cryptocurrencies as investors anticipate higher interest rates and a subsequent drop in demand for riskier assets. However, over time, the ensuing banking sector challenges and other negative consequences of high inflation could prompt investors to seek safer havens like crypto.

The price increase is due to the selling exhaustion of sellers FTX’s collapse, an improving macroeconomic outlook for risk assets, and the impending arrival...

An efficient crypto mining industry can generate more employment opportunities in Africa as demand for miners, blockchain experts, and technology specialists increases. This incentivizes countries to improve their energy and technological infrastructure to accommodate crypto operations. Such improvements can significantly benefit other industries and economic well-being. African countries must seize the opportunity to become a crypto mining hub. This can help develop the digital economy, the financial standing of the citizens, and the energy production infrastructure. Accordingly, African governments can invest in cryptocurrencies and get alternative funding to develop renewable and alternative energy sources.

The African Metaverse has the potential to foster cross-cultural understanding and collaboration. By bringing people from different parts of Africa together in a shared virtual space, the Metaverse can help to break down barriers and build bridges between different communities and cultures. Essentially, the African Metaverse is a new frontier for digital innovation, potentially transforming many aspects of society. The African Metaverse can shape the continent’s future by democratizing access to digital content and services, creating new economic opportunities, and fostering cross-cultural understanding.

Africa is a strong contender for developing technologies such as blockchain and cryptocurrency owing to the continent's growing mobile tech adoption rates. Considering the turbulent global financial markets, expensive remittance costs, and restricted banking access, blockchain technology in Africa offers alternatives to tackle their day-to-day issues.