Nearly 36% of Nigeria’s 106 million adults lack access to both regulated and unregulated financial services, according to the findings of the Enhancing Financial Innovations and Access (EFIA) study. In addition, while the findings do suggest a marginal drop in the percentage of financially excluded adults in the past few years, overall “the actual number […]

Developers on the Reef Chain are about to have a great time as the team behind the blockchain recently announced a $20 million grant to improve the network. For those unfamiliar with Reef Chain, it is a DeFi blockchain developed with the Substrate framework. It offers high scalability and supports EVM and Solidity, which means […]

Developers on the Reef Chain are about to have a great time as the team behind the blockchain recently announced a $20 million grant to improve the network. For those unfamiliar with Reef Chain, it is a DeFi blockchain developed with the Substrate framework. It offers high scalability and supports EVM and Solidity, which means […]

El Salvador could soon become the first country in the world to have a cryptocurrency as legal tender. The President of El Salvador, Nayib Bukele has announced his support for the legislation that could legalize Bitcoin. It could work wonders for the country’s GDP and bring in more financial inclusion across the population, most of […]

Hybrid smart contracts will change the world by revolutionizing the legal system that exists today. The era of unintelligible contracts written in legalese by lawyers in $2,000 suits with degrees from Ivy League schools is over. The contracts of the next century will be hybrid smart contracts, written in code by programmers wearing $20 hoodies […]

Coinspeaker Tesla CEO Elon Musk Receives Threats from Anonymous for Manipulating Bitcoin and Wider Crypto Market Anonymous, a famous hacker group operating online that has been noted for targeting fraudulent government and hoax organizations, has recently issued threats to Elon Musk stating his manipulative ways through which he influences the cryptocurrency market. Anonymous called Elon […]

As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere in China. Lottery Winners to Get 350,000 Digital Red Envelopes […]

Coinspeaker Blue Ocean Mining Hash Power Tokenization and Trading Platform Global Launch Blue Ocean Mining Global Launch Blue Ocean Mining (BOM) is led by large global miner communities in Germany, South America, South Korea, Southeast Asia, etc., joining forces with globally operating mining farms, traditional finance and DeFi concepts, to build a decentralized hash power […]

Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper Cash‘s third fundraising round in the past twelve months is the venture capital (VC) firm, SVB Capital. The VC firm is an investment arm of U.S. […]

NFTs are useful for a wide range of everyday payment/transaction purposes — but first, there needs to be more decentralization. The rise of the nonfungible token (NFT) has been a sight to behold, with the market seemingly garnering an increased amount of mainstream traction with each passing day. To put things into perspective as to […]