Ad Buying cryptocurrencies in Nigeria just became easier following the partnership between Moonpay and ConsenSys — enabling direct crypto purchases via bank transfers on MetaMask. According to a March 21 statement, MetaMask developer ConsenSys disclosed that the new integration by Moonpay will allow users to buy their cryptocurrencies within the MetaMask mobile and Portfolio Dapp….
Polygon and Immutable partner on Web3 gaming
Ad Ethereum ecosystem projects Polygon and Immutable have partnered on Web3 gaming, according to a press release published on March 20. Immutable and Polygon join forces The joint announcement indicates that the two projects will form a strategic alliance to advance Web3 gaming in terms of development and adoption. The partnership will focus on Immutable…
Over 20 crypto firms plan to establish presence in the city: Hong Kong authorities
Hong Kong’s Secretary for Financial Services and the Treasury Christopher Hui said that over 80 virtual asset-related businesses had expressed interest in establishing their presence in the city as of the end of February. Hui added that 23 crypto businesses have already indicated they “plan to establish their presence in Hong Kong.” In a March…
ChatGPT says real-time data from web3, dePIN sources would optimize its potential
The AI language model by OpenAI says it has no news beyond its training data cutoff of September 2021 ChatGPT said it would benefit from Web3 rewards with access to “vast amounts of data.” Dr. Xinxin Fan says pulling real-time data, such as weather, stock prices, and breaking news, would revolutionize the AI language model….
Microsoft Edge is testing a built-in crypto wallet
Microsoft is quietly testing a built-in crypto wallet for its Edge browser, as reported by software preservationist Albacore in a March 13 tweet. Edge wallet is still in testing Microsoft has not officially announced the wallet project, and the wallet’s introductory pages do not indicate which cryptocurrencies are supported. However, those pages mention a “foray into…
China’s Fujian Province processes nearly $22B in digital yuan transactions
Increasingly, Chinese toll booths are enabling drivers to pay highway tolls using the country’s CBDC. The province announced that it has established e-CNY “tax payment points” in unmanned “electronic tax bureaus” and banks across the area. It disclosed that individuals and businesses had utilized these payment options and others to pay $254 million in taxes…
Belgian foreign minister calls for crypto ban
An EU member of parliament has recently tweeted that he believes an EU-wide ban should be imposed on crypto. In a tweet from March 17, Johan Van Overtveldt, a former finance minister of Belgium and current member of the European Parliament, urged for a total ban on cryptocurrencies amid the recent turmoil in the banking…
US Banks borrow record-high $164.8B from Fed backstop facilities
During the week ending March 15, two Federal Reserve backstop facilities were utilized by US banks to borrow a total of $164.8 billion. The traditional liquidity backstop for banks, also known as the discount window, saw a record-high borrowing of $152.85 billion, which increased significantly from the previous week’s $4.58 billion. According to a March…
Helium on last leg in Lebanon despite high adoption as profit, utility remain elusive
Ad Lebanese are starting to disconnect and give up on Helium boxes as the cost of keeping them online has become increasingly unsustainable and unprofitable, Wired reported. Lebanon has become a hotbed of crypto adoption and use as the country contends with a collapsed economy and banking system. Stablecoins are more common than fiat as…
Op-ed: The pound’s decline paves the way for Bitcoin adoption in the UK
Ad Global cryptocurrency adoption remains on course to reach approximately 750 million users by the end of 2023, according to Triple-A. Per the report, the top five countries by the estimated number of holders are the U.S., India, Pakistan, Nigeria, and Vietnam at 46 million, 27 million, 26 million, 22 million, and 20 million, respectively….









