Tag: Ethereum

The partnership between Fuse and ChromePay will boost the web3 economy in Africa

Fuse has stated that its partnership with ChromePay intends to improve blockchain-powered payments in Africa. The improvement can overcome significant faults in the current payment system. This includes exorbitant transaction costs, excessive intermediation, regional fragmentation, frequent lack of platform compatibility, chargebacks, hidden interest, and other issues.

Cryptocurrency mixer Tornado Cash creates fodder for crypto hackers

Tornado Cash was founded in 2018 by Roman Storm and Semenov, who believe privacy is a critical element in cryptocurrency Another critical component...

Crypto market insights: understanding Ethereum’s post-Merge market downturn

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.

ERC-20 as a core standard behind Ethereum’s success

ERC-20 tokens are Ethereum-based and found within its network. They are essentially a standard of fungible digital tokens that live and are usable...

Ethereum becoming more centralized after the significant Merge

The second largest coin has moved from the Proof-of-Work mechanism of verifying transactions to the Proof-of-Stake High capital required and the technical difficulty...

The Ethereum Merge: A hit, stale or a miss?

Due to the Ethereum Merge, the meme-inspired cryptocurrency, Dogecoin, is now officially the second largest Proof-of-work(PoW) crypto network within the cryptocurrency market cap ...

Polygon Network: A hub for promoting decentralized finance

Polygon is a layer two blockchain application created to overcome Ethereum's scalability issues Like other recent Ethereum alternatives, Polygon implements a Proof-of-Stake(PoS) replacing...

The Dollar cost averaging strategy for African investors to survive the crypto bear market

The strategy works for the larger percentage of Africans, who cannot get the amount they wish to invest all at once but can...

A benchmark for blockchain networks: Cyberpunks lose 5, 2.5 ETH in a NEAR Protocol hacking attempt

On August 20, a hacker lost 5 ETH ($85000) in 31 seconds for trying to hack the Rainbow Bridge. Interestingly, this is not...

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...

Will crypto eventually replace fiat currency?

People can already exchange crypto for fiat through trades or exchanges with other cryptocurrencies. The popularity, awareness, and acceptance of cryptocurrency and blockchain continue to grow. The more the understanding and usage of crypto, the greater its relevance as a medium of exchange.

First African Ethereum ecosystem event to coincide with the much anticipated Ethereum merge date

@ethsafari  are organizing a cryptocurrency event that will host several enthusiasts and experts from across Africa. The event is coming to Kilifi County, Kenya and is scheduled to run from the 18th to the 24th of September this year.

Crypto market crash and the effect the wider financial ecosystem

The present crypto market crush is similar to a traditional bear market in that it drives weaker start-ups out of business while allowing stronger firms to mature and validate their insights.

Crypto and blockchain can lead the world to environmental sustainability

As an emerging technology, blockchain has attracted the attention of a wide range of organizations, including energy corporations, startups, technology developers, financial institutions, and...

Crypto adoption and usage in Africa soars despite challenges

In terms of finance, cryptocurrency has helped Africans catch up with other countries on a continent with emerging states. Crypto is a competitive marketplace for everybody, and access is not restricted to a select few.