Nigeria's Federal Inland Revenue Service (FIRS) recently hinted at introducing new regulations to tax cryptocurrency transactions. It claimed the bill is part of its drive to build a trustworthy, data-driven tax system aligned with Nigeria's economic objectives. The...
Bitcoin's trajectory has been extraordinary. From its obscure beginnings in 2009 to reaching over $100,000 in early December 2024, this digital currency has evolved from a tech curiosity into a globally recognized financial asset. Its meteoric rise has...
Meta's stablecoin project, Diem (originally launched as Libra in 2019), aimed to revolutionize global payments by creating a decentralized payment network backed by stablecoin reserves. Its promise of seamless, scalable international payments attracted partnerships from major players like...
Ethereum's Ether (ETH) is the second-largest cryptocurrency by market capitalization and has long been a cornerstone of the blockchain ecosystem. It follows closely behind Bitcoin in terms of market performance, often reflecting similar patterns of gains and losses....
The crypto market in Eastern Europe is currently ranked as the fourth-largest cryptocurrency market worldwide; it now accounts for over 11% of the total crypto value transacted across the globe. Between July 2023 and June 2024, the region...
It is a widely known fact now that tokenization—converting physical assets into digital tokens on a blockchain—is the next revolutionary frontier for financial markets. This technology could enhance market liquidity, reduce transaction costs, and make investing more accessible...
Coinbase’s Layer 2 solution, Base, has established itself as one of the fastest-growing among its peers. In just 226 days after its debut, it achieved the remarkable milestone of reaching $1 billion in total value locked (TVL). In...
A recent report titled “State of 2024 NFT Drops” reviewed 29,079 new NFT collections launched between January and August 2024. The findings were stark: nearly 98% of these NFTs are now considered "dead," meaning they’ve seen little or...
Morocco made headlines when it announced a total ban on cryptocurrency use in 2017. Authorities in the African country cited concerns over risks like money laundering, terrorism financing, and the lack of consumer protections and regulatory oversight. At...
Blockchains, as we know them today, were first built and launched for public use in 2008 when Satoshi Nakamoto introduced the Bitcoin network to power their revolutionary idea of a digital currency. However, it quickly became evident that...
