The insights of Project Meridian would be used by the Bank of England in its real-time gross settlement system. The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a distributed ledger technology-powered settlements system between the institutions. The insights of the project will be used by the […]
Bitcoin difficulty and hash rate stop at nothing in their quest to surge to new levels never seen before. Bitcoin may be struggling at $30,000, but under the hood, all-time highs of a different kind keep coming. The latest data shows that Bitcoin network fundamentals — difficulty and hash rate — will hit new records this […]
BTC price returns to $29,000 with a cascade of long liquidations fueling fresh Bitcoin downside. Bitcoin abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sees “beautiful” retracement Data from Cointelegraph Markets Pro and TradingView followed the pair as it made lows of $29,015 on […]
Hong Kong’s virtual bank ZA Bank plans to transfer tokens into local currency and provide account services for the burgeoning crypto sector. ZA Bank, launched in 2020, will offer token-to-fiat currency conversions over licensed exchanges. Thus, the bank will act as a settlement institution for customers. This is reported by Bloomberg. According to sources, the bank won’t […]
During the conversation, the ECB president mentioned that the digital euro will have a “limited amount of control.” Specifically, Lagarde discussed the possibility of having zero control for small amounts, such as below €300 or €400. The digital euro decision is expected to be made in October. Recently, a video prank call posted online last […]
The implementation of NFT to develop digital national IDs is the next step for Africa’s Web3 Journey In 2020, Kenya experienced one of its worst cases of Identity forgery from developing national identifications for applicants. The immutable nature of NFT comes from its link to its corresponding blockchain network. The advantages of the already set […]
According to Zambia Tech Minister Felix Mutati, the country needs digital identities and other necessary digital infrastructures before it introduces crypto. Cryptocurrency regulation tests aiming to help shape crypto laws in Zambia that simulate the real-world use of crypto are on track to finish by June. In an April 12 Reuters interview, Zambia’s innovation, science and […]
The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position. Just 170,000 Ether of the total 18.1 million ETH staked on the Beacon Chain will be unlocked within the first week of the Shanghai hard fork being executed on Ethereum, Glassnode has predicted. The figure comprises 100,000 […]
Bitcoin has hit $30,000 for the first time since last June and has set a new price high for 2023. Bitcoin has hit price highs not seen since mid-2022 with the largest crypto by market cap touching $30,000 and setting a new high for 2023. According to CoinGecko data, Bitcoin has slightly surpassed $30,000 and is at […]
According to the African Governance Report(2019), Africa’s poor governmental system is the primary downfall of its economic growth. Implementing a blockchain-based solution can curb Eskom’s corrupt system from its roots. President Ramaphosa has issued an 18.65% increase in electricity bills as of April 1st. At the end of Q1 2023, Africa experienced several gruelling misfortunes […]
The Direct Property Africa Token (DPAT) is a digital token that represents an ownership stake in a portfolio of income-generating properties across Africa DPI’s online platform enables investors to purchase DPAT tokens and monitor their investments in real-time Underlying assets back the token and it offers potential returns in the form of rental income […]
After establishing a footprint, customers may now create, invent, engage, and be part of the greatest wave of progress and opportunity in history, the African Metaverse. The African continent remains a center for creative and cultural expression even with different cultures, languages, and customs. For its detractors, the African Metaverse is a vague concept that […]
