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Zimbocash: Crypto Solution For Zimbabwe’s Economic Challenges?

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Southern African country, Zimbabwe has always been in bad crises economically. More often than not, Zimbabwe’s currency decline and hyperinflation are cited during conversations as an example of how worse the legacy financial system could get. Hence, this has highlighted…

Drop In Remittances to Africa Caused By Pandemic and Others

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Remittances to Africa are likely to drop by 5.4%, findings from the 2021 report of Continental Migration have revealed. As of 2020, total remittances in the continent amounted to $44 billion. However, based on the report’s findings, a drop to…

Nigerian Transportation Company GIGM Plunges Into Cryptocurrency

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First-class Leading transportation and logistics company in Nigeria God is Good Motors (GIGM) is set to enter the blockchain and cryptocurrency industry. The transportation company has been in operation in Nigeria since 1998 and has built a network across the…

The United Nations (UN), IMF, And The World Bank Launches A Digital Currency Challenge to Enhance World Financial Structure

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The United Nations has unveiled The global CBDC Challenge for central bank digital currencies (CBDC). The CBDC challenge strives for innovative solutions to improve payment inefficiency and grow crucial financial inclusion.  The Monetary Authority of Singapore, in collaboration with the…

Most Expensive Doge Meme Sold For $4 Million As A Non-Fungible Token On Zora Marketplace

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Last week, Atsuko Sato the kindergarten teacher behind the arrival of Doge into the internet, announced that the iconic photo of her female Shiba Inu dog would be auctioned as an NFT, and all proceeds would go to charity. The…

Most Expensive Doge Meme Sold For $4 Million As A Non-Fungible Token On Zora Marketplace

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Last week, Atsuko Sato the kindergarten teacher behind the arrival of Doge into the internet, announced that the iconic photo of her female Shiba Inu dog would be auctioned as an NFT, and all proceeds would go to charity. The…

Central Bank of Nigeria (CBN) To Launch A Digital Currency Before The End of the Year 2021

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The Director, Information Technology Department, Central Bank of Nigeria (CBN), Mrs. Rakiyat Mohammed, revealed in a virtual briefing at the banker’s committee meeting yesterday, that the CBN will be launching a Central Bank Digital Currency (CBDC) before the end of…

Bitcoin Becomes Legal Tender In El Salvador As Congress Approve Bill

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El Salvador’s president Nayib Bukele’s bill to make Bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress today.  The bill introduced by the president of El Salvador to make Bitcoin (BTC) legal tender…

President Of El Salvador To Make Bitcoin A Legal Tender

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Speaking at the largest Bitcoin conference 2021 in Miami, President Nayib Bukele of El Salvador announced his intention to make Bitcoin a legal tender in his country. The announcement is the first of its kind and makes El Salvador the…

Binance Blockchain Ecosystem Is Hosting A Defi And NFT Hackathon For The African Blockchain Community.

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Binance Exchange is the leading global cryptocurrency exchange, with users from over 190 countries and regions. Capable of processing more than 1.4 million orders per second, Binance is the largest crypto exchange by trade volume and one of the fastest…