Category: Uncategorised

Dogecoin – Bitcoin and Ethereum despite being industry leaders took the back seat last week to other unusual rallies. With a gain of 3% on BTC and changes hands at $21,314, Ethereum rose nearly 2% during the week under review and traded for $1,640. Both could have moved higher, but the U.S. Federal Reserve’s announcement […]

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Visa is embracing Web3 as it looks to further extend its distance from rival companies like; MasterCard and PayPal, the payment giant took the latest foray into the ecosystem inform of two trademark filling which hints at a major play in NFTs and the metaverse. What is Visa Visa is a trusted network and world […]

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Inflation – A strong inflation figure met a sharp reversal in the crypto assets market. Recall that BTC recently traded at $19.8k with a surge of more than 3%, it further got stuck in a tight range between $19k and $21k for the better part of previous month given worries about uncontrollable inflation and the […]

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Kumar – Cryptocurrencies will become important part of how customers complete their payments according to Suresh Kumar, the global Chief technology at the retail giant, Walmart. “Crypto is going to play a vital role, and obviously, we want to be there where the customer really needs us to be,” Kumar said. He suggested that part […]

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European Union – Following the invasion of Ukraine by Russia which has developed into a fledge war between the two countries, Russia has come under several sanctions aimed to down its economy by implication consequently. The latest of these measures by the European Union is a ban on transfers from Russian cryptocurrency wallets. It was […]

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UNICEF, a renowned humanitarian aid outfit is raising funds to help provide internet access to schools in developing regions globally through NFTs. The project is called the “Giga initiative,” and it’s aimed to help over 1 million schools across 49 countries worldwide. Through a joint venture with the International Telecommunication Union (ITU), the UNICEF-led initiative looks […]

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Cryptocurrency adoption – Latest crypto adoption report indicates that Nigeria has taken back its lead in crypto adoption across the continent, hence positioning as #11 in the world, with a relative adoption score of 0.521. Kenya was the leader last year, however, comes third in Africa with an adoption score of 0.39, and #19 position […]

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Tornado cash – Several Tornado cash customers have sued the U.S. government over Treasury Department’s choice to add cryptocurrency mixer to the list of the SDNs and Blocked Persons. They submitted a grievance to the U.S. Plaintiff in the Western District of Texas District Court which states that Tornado Cash’s punishment violates their innate rights […]

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Bitmama, a Nigerian blockchain payments startup has closed a $2m pre-seed funding round as well as looking to expand its operation base. Bitmama was launched in 2019 to provide a secured blockchain infrastructure that provides a gateway for users in Africa to buy, sell and store bitcoin, Ethereum, Celo, and other cryptocurrencies. Additionally, its payment […]

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