HSBC, Hong Kong's largest bank, has reportedly introduced local cryptocurrency services, allowing customers to buy and sell
The bank offers cryptocurrency ETFs listed...
In today's digital landscape, applications (apps) have become integral to our lives. Mobile apps have transformed how we communicate, work, and entertain ourselves, from social media platforms to productivity tools. However, with the rise of blockchain technology, a new paradigm of decentralized applications (DApps) has emerged, challenging the traditional app landscape. This article explores the key differences between apps and DApps, their advantages and disadvantages, and provides insights into their future outlook.
The Financial Action Task Force (FATF) has slammed Qatar for not taking enough action against cryptocurrency firms.
The rise of Artificial Intelligence (AI)...
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.
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.
African presidents and presidential hopefuls are discussing taxing the digital economy as a campaign strategy.
Taxing digital products is a complex issue that...
European Union (EU) legislators voted 517-38, with 18 abstentions, to establish a new cryptocurrency regulation framework.
Additionally, the European Parliament approved the Transfer...
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 MetaMask and MoonPay partnership significantly develops Nigeria’s crypto market. It simplifies transacting in digital assets by enabling a seamless crypto purchase experience. Crypto and other digital assets have seen their popularity rise in Nigeria and Africa. Therefore, it is predictable that more crypto-related innovations and partnerships will crop up in the coming months. This will expand the reach of digital assets in the region even further.
To increase crypto awareness in Africa, various companies and countries have established several Web3 education programs in Kenya
EthSafari, an Ethereum-sponsored event, is...
In 1971 when the world was experiencing Web1, the first iteration of the internet, the individuals tasked with developing it, accidentally created the...
