As blockchain technology and cryptocurrencies become more popular, they can help overcome financial bias, strengthen financial markets and enhance law enforcement, Bas Lemmens, SVP & GM International, Chainalysis, explains in an interview with ZAWYA. In the popular mind, the blockchain and cryptocurrencies are often linked with ransomware and money laundering. But according to Bas Lemmens,…
The crypto industry can provide novel opportunities to generate value, but some of those avenues can’t all be found in traditional finance, writes Tongtong Gong on CoinDesk. Crypto is a $900 billion global market that institutional investors are sizing up. Despite the inherent risks involved in participating in any nascent sphere, institutional financial players are…
Nigerian digital currency, eNaira, seems not as popular as it was touted to be. As Bloomberg reported, less than 0.5% of Nigerians have used the eNaira, the central bank digital currency (CBDC) launched last year by the Central Bank of Nigeria (CBN). According to a Bloomberg report, the population faced a lack of clarity from…
OpenSea revises its NFT rarity ranking protocol OpenRarity, launched on Sept. 21, after community controversial feedback. Some community members argued that the new rarity ranking protocol disrupts the market-driven rarity structure for some NFT collections. Meanwhile, CoinShares launch its own experimental AI bot to determine a fair price for some NFTs; however, some users appear…
According to a new report released by The Block Research, crypto venture funding has fallen for its second consecutive quarter for the first time since 2018. The number of VC deals also took a sharp turn, declining by 22% quarter-on-quarter. However, infrastructure startups continue to show strong growth at the seed stages. In Q3 2022,…
Web3 browsers, like Brave and Opera, allow users to access DApps, integrate cryptocurrencies, and surf over the decentralized web with greater privacy and security – describes Onkar Singh on Cointelegraph. A software program called a web service enables computer-to-computer communication over the internet. However, web services are nothing new and typically take the form of…