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Africa Fintech Start-up Growth: Nigeria Dominates in ‘Big Three’ Markets
10.7.2021
According to the findings of the latest study by Disrupt Africa, the number of fintech start-ups based on the African continent grew to 576 in 2021. This figure represents a 17.3% jump from the 491 start-ups that were operating on the continent in 2019. Overall, the number of fintech start-ups...
Axie Infinity Doubles In a Week, Sees Strong Growth Across the Board
8.7.2021
Axie Infinity Shards (AXS), the governance token for the blockchain-powered Axie Infinity game, is among the hottest cryptoasets among the top 100 per market capitalization over the past seven days, appreciating nearly double the percentage of the next in line - but also seeing massive green...
DuckDAO and DIA Join Forces to Open New Avenues of Growth
8.7.2021
Joining forces with DuckDAO, DIA has announced that it has entered into a collaborative partnership with the former. This union is expected to develop the decentralized finance (DeFi) at a more enviable pace in the future. Through this union, the projects that are being incubated by DuckDAO will...
Stablecoin growth could affect credit markets, rating agency warns
5.7.2021
Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry
Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation
5.7.2021
The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time...
Bitcoin of America’s Chief Financial Officer Reports Record Company Growth
2.7.2021
PRESS RELEASE. Bitcoin of America (BOA), a popular virtual currency exchange, is reporting record growth. Bitcoin of America is registered as a money services business with the United States Department of Treasury (FinCEN). Their mission is to provide their customers with a fast and easy...
JPMorgan report: Eth2 could kick-start $40B staking industry by 2025
2.7.2021
CEO Jamie Dimon may not support crypto, but two JPMorgan analysts say proof-of-stake coin yields are attractive investments in this zero-rate environment
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets
27.6.2021
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins...
Federal Reserve official: Stablecoin growth is 'exponential,' deserves 'attention'
26.6.2021
Boston Federal Reserve President Eric Rosengren notes that Tether could be a "disruptor" to short term credit markets
Bitcoin of America Makes It Big: The Team Behind One of the Largest Bitcoin ATM Operators Worldwide
25.6.2021
PRESS RELEASE. Bitcoin of America, a popular virtual currency exchange, is known for their 1200+ ATMs across 31 US states. Bitcoin of America is looking to bring attention to the success their team, working behind the scenes, has had on the company’s growth. Some of their top executives were...
New Bank of America Report Says Digital Currencies ‘Could Boost Economic Growth’ in Developing Countries
23.6.2021
A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion in developing countries. In the report, the bank also argues that such “digital...
Ethcc[4] Will Return to Paris in July 2021 to Reunite After Ethereum’s Year of Exponential Growth
22.6.2021
EthCC[4] is set to be one of the first events to bring back together members of the Ethereum community after a year of virtual conferences. PARIS, May 19, 2021— EthCC (Ethereum Community Conference), the largest annual European Ethereum conference created for the community, by the community, will...
As NFT market cools, a chance to learn lessons from its explosive growth
17.6.2021
What’s next for the NFT industry? Now the heat has escaped the market, there’s an opportunity to tackle some of the obstacles that arose during the sector’s explosive growth
Bitcoin Beach Town in El Salvador Bustles With Growth After BTC Becomes Legal Tender
16.6.2021
Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in the spotlight. Furthermore, there’s an area in El Salvador called “Bitcoin Beach” with a small group...
Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’
15.6.2021
On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities...
Experts: Regulatory Uncertainty and Slow Embrace Hampering Crypto Growth in Kenya
14.6.2021
Regulatory uncertainty and the slow embrace of cryptocurrencies continue to be key impediments to the growth of Kenya’s digital currency market, experts say. They also assert that without speedy regulation, which they believe will hasten the adoption of digital currencies, Kenya’s...
How the NFT market leveraged blockchain tech for explosive growth
13.6.2021
Nonfungible tokens present a new way of interacting with the arts, music, sports and the media — and even more
Arrington Capital to back Algorand projects with $100M growth fund
10.6.2021
“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best technical platform for regulated DeFi and the future of finance,” said Sean Ford, COO of Algorand
Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%
9.6.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest from pension funds and hedge funds has skyrocketed, supported by the roll-out of crypto-ETPs as well as an increased understanding of the crypto economy,”...