Monthly Archives: November 2021

Visa Executive Says Crypto Is ‘Becoming Cool’ — Sees Whole New Class of Mainstream Consumers Entering the Space

Visa’s head of crypto sees a “whole new class” of mainstream consumers entering the crypto space due to non-fungible tokens (NFTs). The executive further says: “Crypto is becoming cultural. It’s becoming cool.” Visa’s Executive: ‘Crypto Is Becoming Cultural, It’s Becoming Cool’ Cuy Sheffield, Visa’s head of crypto, talked about cryptocurrency during a panel discussion early this week at the Singapore Fintech Festival. He explained that a “whole new class” of mainstream consumers are entering the crypto space because of non-fungible tokens (NFTs). The Visa executive added that […]

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SHIB Listed on ChangeHero for Accountless and Limitless Exchange

PRESS RELEASE. ChangeHero instant cryptocurrency exchange listed SHIB on its platform. Customers can exchange SHIB against over 80 cryptocurrencies without an account. Now crypto enthusiasts can easily exchange or buy SHIB not only with Ethereum based tokens but also with cryptocurrencies of different blockchains. To celebrate the listing, ChangeHero announced a zero fees exchange offer for SHIB. Users can exchange SHIB to any other cryptocurrency or the other way around without any fees. The offer is valid until November 15, 2021, and available only on the web […]

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Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs

A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: client trust. Partnerships Between Banks and Fintechs The report urges financial institutions that wish to accelerate their advance to success in the fintech space to forge partnerships with fintech startups and technology companies. Having such partnerships, as well as their longstanding client networks and more defined regulatory environment, means financial institutions can still grow their […]

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The stablecoin boom won’t continue without decentralized interoperability

Universal interoperability is the missing piece that can unlock stablecoins’ and CBDCs’ potential for the global digital economy. Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group on Financial Markets details the various measures to ensure stablecoin regulation is implemented within government guidelines. A global central bank survey by the Bank for International […]

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Why Taproot Is An Important Addition To Bitcoin

Taproot activation is a fantastic step forward for the Bitcoin network in terms of security and scalability. A Bitcoin Core developer by the name of Gregory Maxwell released the notes for Taproot in 2018. The last upgrade was SegWit in 2017, and Bitcoin had a whole civil war over block sizes — the amount of data stored in each block. Why does any of this matter, and should you sit down? I’m offended you haven’t already. Get To The Point It hurts when you talk to me […]

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South African Crypto Token Holders Concerned About Status of Funds, Unable to Withdraw as Promised

A group of South African cryptocurrency investors have voiced concerns about the fate of their investment in the Fight to Fame (F2F token) after they reportedly were unable to withdraw their funds as promised. Token Sale Attracts Over 2,000 Applicants According to an IOL report, the investors had invested in a token that was promoted by Marius Fransman, a former regional leader of South Africa’s governing party, the ANC. Some media reports suggest Fransman’s company may have received over 2,000 applications from investors that include actors, writers, […]

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DeFi’s quest to reimagine finance must come from a community-based design

A more inclusive DeFi lending protocol can empower the unbanked and underbanked in ways traditional finance cannot. Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards.  For all the innovations happening with decentralized systems in crypto, they are still failing to open new pathways for economic prosperity for the most […]

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3 out of 4 of the Top Smart Contract Tokens Outpaced Ethereum’s 12 Month Gains

While the price of bitcoin has been volatile during the last seven days, a number of smart contract platforms have been performing far better this week. Statistics indicate that the total value locked (TVL) in decentralized finance (defi) is $267 billion and the TVL held on Ethereum commands the lion’s share of this value. Ethereum is the largest smart contract platform today, in terms of market valuation, but a number of competitors have increased significantly in value over the last 12 months. 3 Smart Contract Tokens Surpassed […]

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Crypto trading face-off: Shiba Inu (78 million percent in a year) vs Koinos (535% in a month)

Crypto investors pick coins for many reasons. How does investing in a low market cap and real tech stack up against a massive community and questionable use-cases? The story of Shiba Inu (SHIB), crypto’s best-performer of the year, still boggles the mind — even after multiple retellings. Just 12 months ago, the price of one SHIB token had ten zeros in front of it: $0.000000000063 on volume of $682.58, according to CoinGecko. By late October of this year, six of those zeros had gone and Shiba Inu […]

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As Patreon tests the waters, can crypto open doors for content creators?

Since Twitter implemented its crypto tipping feature, it appears as though more content creator platforms may start to do the same in the near future. As the digital asset market continues to break new ground, seemingly with each passing day, there is no denying the fact that crypto adoption has continued to increase at a fairly rapid pace globally. In this regard, it now appears as though online content creator platform Patreon is actively looking to devise its very own social token — or “creator coin” as […]

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