Respondents See Financial Trading as a Requisite Skill According to Consensys’ survey on crypto and Web3, 40% of South Africans are familiar with the concept of Web3. The survey found high levels of awareness of all Web3 concepts, with Metaverse being the most…
LBank to Launch World’s First Unlimited Cryptocurrency Credit Card LBank, the world-leading cryptocurrency exchange, is set to launch the world’s first unlimited cryptocurrency credit card. This groundbreaking card will allow users to make consumer payments directly with cryptocurrency, breaking down the barriers of…
PolyNetwork Allegedly Hacked Again A recent hack has targeted PolyNetwork, resulting in the hackers making several transactions with significant assets on multiple chains. The stolen assets have been added to various chains, including Heco, Metis, Polygon, Avalanche, and BSC. However, according to Metis,…
Vitalik Buterin’s Thoughts on SEC Crypto Enforcement Actions Vitalik Buterin, co-founder of Ethereum, recently shared his thoughts on the U.S. Securities and Exchange Commission’s (SEC) crypto enforcement actions. He expressed concern for projects like Solana that are being affected by these actions, stating…
An Attempted $4 Billion Attack on PolyNetwork: Limited Liquidity and Security Precautions An attempted attack on PolyNetwork resulted in the issuance of billions of dollars worth of malicious tokens. The attackers exploited a smart contract function in the cross-chain protocol’s bridge tool, allowing…
An Annual Trade Event Between Africa and China Highlights ‘Western Smears’ and Multi-Billion-Dollar Trade Deals Trade between Africa and China has been steadily increasing over the years, with China aiming to become Africa’s largest trading partner by 2030. In the first four months…
Bitcoin Miners Accrue 27,025 Fresh Bitcoin in June as Mining Difficulty Hits All-Time High In June, Bitcoin miners added a total of 27,025 new Bitcoin to circulation. This was made possible by an average hashrate of approximately 359 exahash per second (EH/s) recorded…
An Analysis of Global CBDC Trends According to a recent analysis by Atlantic Council, a staggering 130 nations, which account for 98% of the global GDP, are currently exploring the concept of a central bank digital currency (CBDC). This research sheds light on…
Banks in Argentina Now Authorized to Open Yuan Accounts Argentina’s central bank has announced that it is now allowing Chinese yuan in bank accounts. This decision comes as Argentina faces a shortage of U.S. dollars and China aims to promote the internationalization of…