Several countries are currently researching ways to launch their CBDCs. Laos is one of the latest countries to join the trend of those creating their CBDC, and to do this, they have partnered with Soramitsu, Japanese distributed ledger technology....
Decentralized Finance (DeFi), a blockchain-based form of finance that does not rely on a central authority, is rapidly evolving since it came into existence in 2018. From the development of tokens, both fungible and non-fungible, to the building of...
The website of Nigeria’s Central Bank Digital Currency has gone live with a local media outlet, THISDAY, reporting that the website has recorded over one million views in the last 24 hours. The number of visits, according to analysts,...
The NFT market is predicted to grow to a valuation of $211.72 billion by 2030, demonstrating the enormous potential for wealth creation through this innovative concept. The sector's current valuation of $10 billion, as well as the estimated market...
With surging Bitcoin prices in recent years, cryptocurrencies have emerged as a popular investment avenue for many investors. However, when it comes to investment opportunities, two asset classes that have often been compared are real estate and cryptocurrencies, specifically...
Recently, many institutional and retail investors alike have aped into cryptocurrencies, especially Bitcoin. Many argue that Bitcoin is a hedge against inflation and better than the traditional safe-haven asset like Gold. The emergence of Bitcoin as a store of...
Launched in 2019, Algorand now exhibits traits that are somewhat similar to the “oldest kid on the block”. Even though the Algorand Blockchain Network is relatively new to the block, it has secured several partnerships. This is because of...
Over the last few years, the DeFi or decentralized finance ecosystem has seen a meteoric rise. Currently, there’s over $90 Billion in Total Valued Locked (TVL) across different DeFi protocols, and the space continues to grow at a tremendous...
Barely a week after El Salvador formally adopted Bitcoin as a legal tender, the Central American country is granting foreign investors a tax waiver on gains from the digital currency. This is according to Agence France-Presse (AFP). Javier Argueta,...
The sports industry seems to be getting more involved in the minting and sales of NFTs. NBA and basketballers have actively minted NFTs and some of them have sold for a lot. The Statue of LeBron was sold for...
