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Nigeria’s June P2P Bitcoin Trade Volumes Surged Again Despite Central Bank’s Crypto Restrictions
12.7.2021
Nigeria’s peer-to-peer bitcoin trade volumes went up to just under $38 million in June 2021, the latest data shows. This surge becomes only the second time Nigerian P2P traded volumes have breached the $35 million mark in 2021. March 2021 is the only other period when P2P bitcoin traded...
Are KuCoin Shares overvalued after KCS price gains 100% in one month?
7.7.2021
The 72nd-largest cryptocurrency by market cap reached its two-month high amid a rally across exchange-based digital assets but faces downside risks due to overvaluation and thin volumes
Members of East Africa Community Explore Potential Use of CBDC for Alternative Regional Payment System
9.6.2021
Six East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to their shared payment system. The six countries, which are all members of the East Africa Community (EAC) trading bloc, are hoping this alternative will create...
Take Back the Internet With Crypto: Pocketnet Offers 4 Free Live Educational Sessions
8.6.2021
The Internet was once a bastion of freedom and was hoped to bring economic power to everyday people. These days a few centralized platforms such as Google, Facebook and Amazon dominate the online world, deciding what we can and cannot say, while keeping all the value for themselves. In an upcoming...
To ICO or to IDO? That is the question
4.6.2021
Initial DEX offerings have a fair bit in common with initial coin offerings but come out on top in cost, effort, and fairness
The future of digital asset liquidity: Centralized or decentralized?
29.5.2021
DeFi solutions, and the decentralized liquidity they protect, are the only way forward for the cryptocurrency space
BTC sinks to $40K, Bitcoin inflows to centralized exchanges surge
19.5.2021
High Bitcoin inflows to centralized exchanges have prompted predictions of further bearish momentum on social media
Ciphertrace Report Shows Crypto Crime Moving to Defi
15.5.2021
Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. Now, the impact these hacks and exploits represent is way bigger than the one classic hacks to centralized exchanges and other scams...
Ether balances on centralized exchanges fall to lowest level since June 2019
11.5.2021
Glassnode asserts that Bitcoin investors have been converting BTC into Ether during May
Digital euro's privacy promise not worth a centralized system, Oasis exec says
4.5.2021
A former Apple executive believes the European Central Bank might just be paying lip service to the concept of privacy in relation to a digital euro
P2P Bitcoin Traders in Nigeria Think Outside the Box in the Wake of CBN Restrictions
18.4.2021
After the Central Bank of Nigeria issued a directive targeting the country’s cryptocurrency industry, bitcoin and altcoin trade volumes on centralized exchanges immediately plunged. Nevertheless, the new regulations seem to have succeeded in boosting crypto trade volumes on informal markets...
A nightmare on Stable Street: Centralized stablecoins may be doomed
18.4.2021
Central banks are paying very close attention to stablecoins, seeking to control them — and decentralization may be the solution
Messari researchers slam Binance Smart Chain over centralized validators
12.4.2021
With Binance Chain’s 11 validators hand-selecting Binance Smart Chain’s validators daily, analysts are warning of the protocol’s centralization
YFX.Com – Defi Trading Platform Support 100X Leverage. No KYC. No Gas Fee
11.4.2021
PRESS RELEASE. YFX.COM is the world’s first decentralized cross-chain perpetual contract exchange. While other trading platforms that provide leverage alternatives exist, YFX.COM is trailblazing a decentralized alternative to centralized exchanges and perpetual futures trading without...
Central Bank of Nigeria Official Reiterates Nigerian Residents Free to Trade Cryptos: Directive Only Applies to Banking Sector
21.3.2021
A senior executive with Nigeria’s central bank, Adamu Lamtek, has reportedly denied that his institution had placed restrictions on the use of cryptocurrencies. Instead, Lamtek, who is the deputy governor responsible for corporates services at the Central Bank of Nigeria (CBN), says...
Updated FATF Crypto Guidelines Still ‘Predicated on Centralized Control’
21.3.2021
The Financial Action Task Force (FATF)’s recently updated guidance for supervisors overseeing the crypto industry was always bound to create waves in the sector and beyond. Regulators are continuing to gun for crypto compliance – despite claims that they may be trying to force a square peg into...
The number of BTC held on exchanges crashed 20% in 12 months
8.3.2021
Long-term accumulation and the increasing popularity of DeFi yield protocols is siphoning Bitcoin away from centralized exchanges
Exchange tokens benefit as centralized exchanges battle with DeFi platforms
21.2.2021
Exchange tokens catch a boost as governance and high yields attract fresh inflows and CeFi begins to merge with DeFi
The perils of a decentralized web living in the centralized world
20.2.2021
Whether we like it or not, the decentralized web is vulnerable to the internet’s worsening problems. Luckily, fixing this should be simple
Nigeria Crypto Ban: Bitcoin Sells for $76K as Deposits on Centralized Exchanges Plummet
18.2.2021
According to a website that tracks the price of bitcoin across the globe, the crypto asset’s selling price in Nigeria as of February 18 stood at $ 76,000. At this price, the crypto asset is selling for $20,000 more than the approximately $52,000 that most cryptocurrency exchanges...