Decentralized Finance is the core concept behind cryptocurrency—the ability to remove a centrally located authority when dealing with finances
Crypto traders used...
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...
Countries such as Nigeria, currently leading Africa in crypto, have taken significant steps in utilizing the potential of crypto
African DeFi organizations...
Hilda Moraa started Weza Tele, a mobile solution firm in distribution, supply and financial services
Chipper Cash's innovation came to fruition when the...
DeFi in Africa focuses on creating an immutable financial system that defies today's traditional financial system
Mpesa made it easier by introducing digital...
Mastercard intends to become the 'bridge' between Paxos, a cryptocurrency trading platform Paypal uses to offer similar services and banks, according to the...
President Hassan's comments and actions on improving Tanzania's cryptocurrency reflect how open she is to foreign investment
The Bank of Tanzania has sent...
MPC is a kind of super authentication in that a user will authenticate to a network using several factors (e.g., biometrics, identity, password, etc.) without any nodes in the network understanding what they are verifying since authentication computation is part of MPC.
This authentication will have identity management, healthcare, finance, government services, defence, and law enforcement applications. MPC facilitates system interoperability while simultaneously protecting people’s rights and providing them with control and visibility over their data and how it is utilised. MPC stands for the future.
Kenya's record within Africa's cryptocurrency has increased significantly over the years. Firms such as LocalBitcoins have adequately contributed to the rate of peer-to-peer...
Eventually, DeFi inventors and regulators must collaborate to grow this technology throughout Africa for optimal benefits. DeFi might provide inexpensive and quick liquidity pools for African merchants and SMEs, faster transactions, and enhanced security. And, for the last mile, DeFi may provide blockchain-based financial services that are inexpensive, if not free, quick, and accessible through any mobile phone.
Like many other crypto economy areas, regulation remains a significant concern. No specific rules govern and address tokenized real-world assets and linked on-chain loans. Regulators have highlighted worries about the industry’s immaturity, the volatility of connected assets, and the possibility for these products to operate illegitimately.
At the moment, the most that users and service providers can do is to remain as compliant as possible while getting ready to cope with new requirements when they emerge. In other circumstances, authorities tackle the problem by applying current financial laws to tokenized assets or altering existing rules to fit them.
When clear regulatory guidelines are in place, it may unleash a surge of institutional capital into DeFi credit services. This might usher in a new DeFi boom when the crypto yield landscape feeds on real-world revenue.
FTX Exchange is a centralized cryptocurrency that deals with derivatives and other leverage products
On FTX, users can interact with varying stocks of...
Cryptocurrency futures contracts are derivative products that allow market participants to enter into contracts for future purchase or sale of underlying assets (cryptos)...
Certainly, one of the most significant advancements in crypto history occurred on September 15, 2022, when the blockchain Ethereum completed a software upgrade known as “the Merge.” Ethereum’s historical transition from proof-of-work to proof-of-stake signalled the end of its decentralised ledger's energy-intensive, miner-based approach previously used in processing changes.
