Australia, Canada and Colombia were right to pause CBDC plans

Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up.Why? Well for one, according to analytics firm Chainalysis, Africa’s crypto market increased in value by more than 1,200%…

Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims. Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who used its platform about their trading habits. Exchange storage “most popular choice”The survey was part of Binance’s Institutional Market Insights research, which is now in…

Imagine a future where conflicts and legal disputes are no longer settled between the four walls of a courtroom but by anonymous jurors of a blockchain network. The concept seems far-fetched, but it is already a reality as a result of some forward-thinking projects that are using the power of decentralized smart contracts and participants…

Vitalik Buterin addresses accusations of neglecting DeFi, defending his views on decentralized finance and the importance of sustainability and core principles of the Ethereum ecosystem. 

The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency. 3161 Total views 10 Total shares The Italian Banking Association, or ABI, has affirmed its support for the implementation of a sovereign European digital currency by beginning…

The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians towards Bitcoin and crypto adoption. 515 Total views 4 Total shares Peer-to-peer (P2P) Bitcoin (BTC) volume in Nigeria continues to rise as Africa’s largest economy remains a bastion for crypto adoption. According to Quartz Africa, data from the Bitcoin P2P marketplace Paxful show…

A Wall Street Journal (WSJ) article published today, Dec. 28, suggests that Bitcoin (BTC)’s correlation with traditional assets markets has been high in recent days.Citing data from research firm Excalibur Pro Inc., the WSJ states that the top cryptocurrency has traded at a 0.84 correlation to gold over the past five days, where -1 indicates…

Honey Framework users have more than tripled, according to Bitfinex. Paper trading allows them to test their strategies without risking real capital. 3159 Total views 8 Total shares Crypto exchange Bitfinex has introduced a new feature for its algorithmic trading toolkit, allowing users to test their trading strategies without putting actual funds at risk. Bitfinex users…

Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card, enabling users to spend crypto from self-custodial wallets at over 100 million merchants.