The rate of adoption of cryptocurrency among other digital assets in African countries remains on the high increase, despite the regulatory challenges, and the recent downturns the market has been experiencing. According to theafricareport.com, "Cryptocurrency adoption in Africa grew 1200% between July 2020 and June 2021, making it the fastest adoption rate in the world". One of the main reasons for...
Is it time to sell your bitcoin and Ethereum?
1st Step If you are one of those wondering if it is time to sell that bitcoin and Ethereum in your wallets, you are not alone. And that is the first step to thinking right as a hodler or investor in the ever-volatile crypto market. You are not alone. Now that you know that you are not alone (if you didn't...
Blockchain technology has created a global village for startups to gain global relevance—Abikure Tega, Founder & Team Lead, Kumo Wallet
With blockchain technology, building a project and accessing a global community of users and investors has never been easier. Today, entrepreneurs and innovators from across the world, including Africa, are building projects across various industries and sectors. From cross-border transfers, investment products, payments, and remittances in the financial-services industry to innovative solutions in agriculture, entertainment, transportation, supply & logistics, and others,...
It’s time the Central Bank of Nigeria had a rethink about approach to crypto in Nigeria, says blockchain association leader
Due to the fast-growing adoption of cryptocurrencies amongst households in the U.S., the U.S. Department of the Treasury is launching an education campaign to raise awareness about the risks of investing in cryptocurrencies. The initiative is targeted at investors who have limited access to mainstream financial services. The Treasury's Financial Literacy Education Commission will be in charge of this initiative, ensuring...
Bitcoin price could fall to $20,000 as FUD grip the crypto market
Due to the fast-growing adoption of cryptocurrencies amongst households in the U.S., the U.S. Department of the Treasury is launching an education campaign to raise awareness about the risks of investing in cryptocurrencies. The initiative is targeted at investors who have limited access to mainstream financial services. The Treasury's Financial Literacy Education Commission will be in charge of this initiative, ensuring...
