Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs

While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and “corruption,” executives told Cointelegraph. Speaking to Cointelegraph, Chris Maurice, founder and CEO of Yellow Card — Africa’s largest cryptocurrency exchange — said crypto in Africa “is growing at the speed of […]

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Cardano Shows Signs of Recovery: When Will it Reach $0.30?

Cardano (ADA) has shown signs of recovery in recent trading sessions, although its price continues to linger near a significant resistance level. In the past 24 hours, ADA witnessed a modest 2% increase, but weekly gains have been erased, resulting in a 7% depreciation on the weekly chart. The technical outlook has yet to present bullish signals, with both demand […]

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The United Kingdom Wants Gambling Laws to Apply to Crypto Trading

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Is investing in crypto equivalent to gambling? That’s how the United Kingdom sees it, and leaders are suggesting that crypto be regulated in the same way the U.K. oversees gambling activities. The United Kingdom Sees Crypto Investing as Gambling To an extent, one can argue […]

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Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation

Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the Slovak Republic, the country’s parliament, have further endorsed additional measures that impact cryptocurrency holders. The National Council of the […]

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Solana’s Cardinal shuts down, citing economic conditions

Solana’s Cardinal protocol is winding down operations due to economic conditions, nearly a year after raising $4.4 million to improve nonfungible tokens (NFT) utility. According to an announcement on Twitter, withdrawals should be made by Aug. 26.  Cardinal Labs was an infrastructure provider dedicated to supporting NFT use cases on the Solana network by offering protocols and software development kits […]

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Bitcoin Bulls Battle Against Miners' $128 Million Move: Is The Bull Run In Danger?

Bitcoin’s (BTC) recent performance has been a source of concern for its investors, as the world’s largest cryptocurrency struggles to maintain its upward trajectory. While the currency recently recorded a 12-month high slightly above $31,000, it is now facing potential profit-taking as miners signal a massive $128 Million move. Bitcoin Bulls Brace For Impact According to Yan Allemann, co-founder of […]

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Hoskinson Weighs In On Cardano (ADA) Growing Adoption Amidst "Lots of Noise in Crypto"

Charles Hoskinson, the founder of Cardano, has expressed his perspective on the current state of the cryptocurrency market, emphasizing the importance of looking for the signal amidst what he termed “lots of noise in crypto”. Hoskinson, responding to recent adverse claims surrounding Cardano’s institutional interest and the health of its DeFi sector, passionately highlighted the ecosystem’s exceptional growth in a […]

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