Tag: crypto coins

Ethereum 2.0 provides cheap and fast crypto mining techniques

The Beacon Chain launched in December 2020 and introduced the PoS mechanism, the concept of validators and various penalties and incentives. Ethereum has...

‘The Ethereum killer’: Polkadot’s rising potential in the African crypto space

Polkadot uses parachains, a new mechanism that increases transaction speed and boots network performance. Polkadot is dubbed the Ethereum killer due to its...

Ethereum in Africa; A plethora of opportunities

Mauritius' launch to become the next 'Ethereum Island.' Africa's untapped potential draws the attention of Ethereum co-creator Viltalik Buterin. Zambia has begun discussing...

Ethereum mining; a beginner’s guide to get you started

Ethereum is more than just a cryptocurrency; it's a blockchain network that offers vast opportunities to developers. Ether and Ethereum are two different...

Nigeria: Crypto adoption-value depreciation tug of war intensifies

The Nigerian central bank (NCB) has accused currency speculators in the country of being behind the local currency’s recent plunge to a new record of ₦710 against the dollar Despite the currency continuing depreciation on the parallel market, the Central Bank of Nigeria (CBN) insists the Naira’s official exchange rate against the dollar remains at approximately ₦424 for US$1 The leader of a Nigerian association of bureau de change operators has smeared mud on crypto trading for the Naira’s recent plunge

Where to find bitcoin ATMs in South Africa

Where Bitcoin ATMs differ largely from traditional ATMs is that they mostly facilitate the purchase of cryptocurrency (cash deposit) and in very rare cases the sale of it (cash withdrawal)

Blockchain applications Africans should be excited about

Technology like blockchain can swoop in and take care of problems while unleashing the potential in the continent Africa as a continent is...

Understanding BTC dominance and price to leverage against the crypto market

When the price of BTC is rising, but BTC dominance is falling, it could signal a potential altcoin bull market. 

Stocks and crypto: Which is a better investment?

Cryptocurrencies and stocks fall under different asset classes despite them having similar characteristics. On the one hand, cryptos are digital assets that can be distributed securely from one person to another. They store value and can also serve as a medium of exchange. 

Over 4 million Kenyans lose their monies to the ongoing crypto crash

The four million Kenyans who have been affected by the crash are mainly young and small and medium traders. The youth have, in recent years, stormed into cryptocurrencies hoping to get quick returns, despite warnings from the Central Bank of Kenya about the emerging digital markets.

IMF to assist El Salvador in bitcoin currency implementation despite past stance

President Nayib Bukele has bought over 2,301 Bitcoin. The total purchases cost about US$104 million that he has taken for it from public funds ...

How bitcoin is advancing the human race

The human race will only progress towards achieving civilization under these three significant dynamics; commonalities in language, communication methods, and monetary systems. The...

Kenya: Equity Bank’s CEO publicly endorses cryptocurrency adoption

According to James Mwangi, the chief executive of Equity Group Holdings Plc, Cryptos could potentially complement mobile money in Africa GSMA estimates that...

A crypto crash to wipe out all fake protocols in the market

The entire cryptocurrency market now has a market capitalization of US$1.2 trillion, a massive drop from the US$2.9 trillion in November last year ...

Is crypto addiction having the same effects as drug abuse?

The buzz and anxiety associated with watching the behaviour of the candlesticks releases dopamine, similar to drug abuse, which makes a trader go...