47% of South Africans own Bitcoin (BTC), holding $70 worth on average

As conversations regarding the use and purchase of digital assets in Africa continues to gain ground, details have emerged that about 47 percent of South African adults hold at least one form of cryptocurrency. South Africa’s are investing in BTC Per data from a recent finding conducted by the foremost market research and data specialist…

DeFi comes to Cardano (ADA) as EMURGO announces ‘Astarter’

EMURGO, the official commercial arm of the Cardano blockchain protocol, formally announced today Astarter — a joint venture with China-based technology firm BlockChain4A — to facilitate collaboration between the two companies to build decentralized financial (DeFi) services infrastructure on Cardano. EMURGO, the official commercial arm of @Cardano, has teamed up with Shenzhen-based technology firm Blockchain…

Paxful now supports speedy Bitcoin transactions after Lightning integration

Data: Bitcoin (BTC) adoption grows 1,200% in Africa The adoption of Bitcoin in Africa has swelled immensely over the past year, making it the third fastest-growing Bitcoin economy globally.  BTC adoption up by 1200% in Africa A report produced by Chainalysis estimated the growth to be over 1,200%, which means there has been an increase…

Cardano (ADA) tops list of most developed projects, outrunning Ethereum two years in a row

Research on blockchain development trends, compiled by Outlier Ventures, shows Cardano is the most developed from a sample of 50 open-source protocols. Over a two-year period, the report aimed to identify development trends, including rising commit levels and protocols that demonstrate consistent levels of core developers. It threw up some notable mentions, such as Avalanche…

Top drone racing league taps Algorand (ALGO) for crypto, NFT initiatives

Top drone racing league taps Algorand (ALGO) for crypto, NFT initiatives Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Algorand › Adoption Merging blockchain with drone racing is a bullseye for the league’s “tech-setter” fans, who are early adopters, open-minded to new forms of entertainment, and…

‘Big Four’ firm EY taps Polygon (MATIC) for Ethereum scaling solutions

Aragon deploys on Polygon (MATIC) to optimize DAO creation Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, announced last week that Aragon Client, an Ethereum-based project that makes the creation and management of decentralized autonomous organizations (DAOs) easy and cost-effective, is now live on the Polygon PoS network. 2 min…

Witchhunt arises to find perpetrator of the fake Litecoin Walmart partnership story

Charlie Lee acknowledges that Litecoin “screwed up” after an employee retweeted a fake story on partnering with retail giant Walmart. The story spread like wildfire as it was reported by credible news outlets, including Reuters and Globenewswire. As a result, $LTC spiked 30% to $236, breaking previous resistance before selling off when investors realized it…

El Salvadorians are adapting to life with Bitcoin, but it’s not smooth sailing

Against the wishes of the IMF and World Bank, El Salvador did the unthinkable by making Bitcoin legal tender on September 7 – a move that has irked a proportion of its citizens, primarily due to the perception that it’s not for ordinary everyday people. Nonetheless, almost a week since then, a Redditor who claims…

Crypto makes you ‘your own bank.’ But how secure is crypto banking?

Crypto banking refers to managing digital assets, i.e., cryptocurrency, at a financial technology firm or financial services provider. This kind of banking can include anything from holding a crypto balance, making payments, and even earning interest on your cryptocurrencies. The main advantage of using crypto banking is that it removes the traditional banking payment system…