Despite Metamask not supporting the largest cryptocurrency, the Web 3 crypto wallet has attracted over 30 million active monthly users
By entering your...
According to Matrixport, 85% of Bitcoin buys have been by USA-based institutions
85% of Bitcoin buys responsible for the Bitcoin surge have occurred...
So far, only a small portion of the population represents crypto adoption in Africa. If this trend continues, Africa is poised to be the next frontier of cryptocurrency adoption. Comparing the number of cryptocurrency owners against the country’s entire population across leading markets on the continent reveals that only 8.52 per cent of Kenya’s population is actively involved in crypto trading. South Africa, Nigeria, and Ghana follow closely at 7.11, 6.31, and 3.01 per cent, respectively. Consequently, many people remain curious to know how the crypto industry has transformed the payment landscape in Africa and the factors that have influenced the growth of crypto trading across Africa, even ahead of leading global markets.
Of course, one of the exciting (if not frustrating) things about crypto remains its unpredictable nature. The foregoing provides a general overview of the crypto industry in 2023 (based on current trends). Nevertheless, it is almost certain that 2023 will also throw up more than a few surprises.
CoinCenter and the Africa-based Bitcoin App Bitnob partner to create a new feature enabling global fiat currency transactions
Bitcoin Lightning Network solves its...
The trend toward regulation and transparency of crypto in 2023 will gain traction. Consequently, more enterprises in the industry will grow emboldened and begin to interact with crypto to offer services to their customers. Despite recent developments in the crypto industry, it remains a significant area of interest. Customers are continually looking for methods to engage in the possibilities of a decentralized, low-cost, globally accessible banking system. They will, however, want to do so as securely as possible, with the comfort provided by professional guidance, rock-solid custodian services, and organizations with a strong history of governance and thorough third-party audit.
Crypto became cautious in late 2022 and will aim to get serious in 2023. People should expect to see more suits and fewer surf and skater clothing at events and conferences where the crypto community meets.
Australia has officially dethroned El Salvador as the world's fourth-largest Crypto ATM hub.
By 2023, it had 219 active crypto ATMs overshadowing El...
Transaction malleability is an attack that allows a crypto hacker to change the unique ID of Bitcoin or altcoin transaction
Transaction malleability has...
According to Ripple's CEO, Brad Garlinghouse, various cryptocurrency exchange firms, crypto-based businesses, developers and individuals have amicus briefs.
In 2013 Ripple network was...
One Bitcoin transaction uses 1449 kWh, roughly enough to power the average African Household for approximately 100 days
The European Commission suggested adjustments...