Africa
The Nigerian Security and Exchange Commission (SEC), has warned stakeholders and the general public about the activities of an illegal blockchain firm known as iBledger (iBcash cryptocurrency) and InksNation. According to an official statement, SEC disclosed that neither the company (iBSmartify Nigeria) nor its promoter or products are registered or
Africa
With the current wave of the Corona virus pandemic ravaging economies, an overhaul of the traditional financial and payments system seems inevitable. Predictions are rife that digital payment models like central bank digital currencies, cryptocurrencies, and online payments are the way to go. At this time, government-imposed lockdowns have forced
Education & News
Brave Browser, which uses blockchain technology, has hit a new milestone, passing 15 million active users. Brave has experienced a growth of 50% since the Brave 1.0 launch in November. Blockchain Browser Serves More Users This rising rate of users presents a 125% growth over the last year and
Bitcoin
According to revered Bitcoin expert Andreas Antonopolous, investors could earn money by lending their Bitcoin and gaining interest from the lending activity. He asserts that a passive income can be made through such activities. Lending Bitcoin for Passive Income Antonopolous had a Q & A (Questions and Answers) session on
Education & News
According to a leading venture capitalist, blockchain could be the most important invention since the internet. Recent global events have led to the redefinement of what it means to operate a business in the 21st century. New Horizons for the Venture Capitalist Digitization of organizations and their processes is a
Education & News
Canadian blockchain startup, MineHub Technologies partners with the world’s largest mining companies (BHP) to execute an iron ore trade with China Baowu on the blockchain. Canadian Blockchain Startup Raises Capacity Two months ago, Chinese firm Baosteel was involved in a blockchain transaction transaction for letters of credit. Reports reveal
Education & News
Over 300,000 transfers of electroneum recently took place as activity in relation to the project increases. Electroneum Transfers Rise According to an email from Electroneum’s CEO to users, “The numbers of transactions taking place for real-world things in ETN is vast compared to virtually all other cryptocurrencies. We&
Education & News
A Canadian cryptocurrency mining company has raised eyebrows as reports surfaced of DMG Blockchain Solutions’ attempt to import electricity from the US. The organization’s intentions have raised concerns for a consumer advocacy group in the United States of America. Canadian Cryptocurrency Company Raises Capacity DMG cited a need for
Blockchain
In its latest report, the Bank of International Settlements (BIS) says the coronavirus pandemic has accelerated the need to create central bank digital currencies (CBDC). The BIS report notes that central banks must realize this is the time to move ahead with development of CBDC projects; with COVID-19 haven exposed
Africa
To the shock of many of its customers, Access Bank failed to implement a mandated stamp duty charge on time. The failure to implement the charge in a timely manner meant that many of its customers were met with unexpected debits on their accounts over the weekend. Access Bank Customers
Bitcoin
Investments company, Grayscale Investments purchased 19,879 BTC over a seven-day period, increasing its assets under management to almost 400,000 BTC under management. At this rate, the organization could own 3.4% of all Bitcoin by 2021. Grayscale to Own More Bitcoin Currently, 18.415 out of 21 million
Bitcoin
A new partnership between local cryptocurrency exchange Bitcoin.com.au and the Australia Post, now offers residents the opportunity to buy Bitcoin at national post offices in Australia. According to the announcement, customers of the exchange will be able to pay for Bitcoin at over 3,500 accredited Australian post