Binance Reaches Twitter Trending Topic Status in Venezuela

trending topicBinance, one of the largest cryptocurrency exchanges worldwide, has reached a trending topic status in the Twitter social network sphere in Venezuela. The trend before the weekend, shows just how important cryptocurrency topics are for the citizens of the country at the moment. Cryptocurrencies are extremely useful tools for Venezuelans to save their purchasing power […]

Report Finds Argentineans Are Becoming Increasingly Interested in Bitcoin, Ethereum and Stablecoins

Report Finds Argentineans Are Becoming Increasingly Interested in Bitcoin, Ethereum and USD-Pegged StablecoinsOver a million Argentineans have been buying cryptocurrencies in the last few months, and a pattern has been spotted among them in terms of preferences. A local media outlet unveiled that most of them are decanted to acquire bitcoin and stablecoins. Argentineans Like to Invest in DAI, USDC, and USDT According to Ámbito, citing data […]

Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked Populations

Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked PopulationsPayments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption in Emerging Markets Visa and Tala have formed a new partnership “to help underbanked populations participate […]

Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion

Nigeria's Cryptocurrency Traded Volumes on P2P Platform Top $1.5 BillionAccording to Paxful, a peer-to-peer trading platform, Nigeria’s cryptocurrency traded volumes on the platform topped $1.5 billion in the first four months of the year 2021. This figure represents almost a third of Paxful’s global total volume of $5 billion. This latest traded volume figure once again reaffirms Nigeria’s status as one of the exchange’s […]

Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies

Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in CryptocurrenciesThe president of Venezuela, Nicolas Maduro, approved a minimum wage raise increase last week that took it to three dollars monthly, a very low income for the citizens of the country that are facing a strong economic crisis since 2013. However, the crypto environment has been growing, and now Venezuelans are flocking to exchanges like […]

Some African Crypto Users See Bitcoin as an Alternative Source of Retirement Income

Some African Crypto Users See Bitcoin as an Alternative Source of Retirement IncomeBitcoin use cases in African countries continue to expand with the latest one being its use as an alternative source of retirement income. On a continent plagued by high inflation and unstable currencies, bitcoin, which is decentralized and censorship-resistant, is seen “as a safer source to contribute to for retirement.” According to a local report, […]

Cardano Blockchain Infrastructure Selected in a New Drive to Bring Sustainable Internet Connectivity to Zanzibar and Tanzania

In its foray into Africa, Input Output, a research and development product engineering company, says it will partner with World Mobile Group in a new initiative aimed at bringing sustainable internet connectivity to users in Zanzibar and Tanzania. According to the partnership agreement, the Cardano blockchain infrastructure will be used to provide affordable network nodes […]

African Property Development Firm Partners Online Leasing Platform in a BTC for Solar Cells Scheme

African Property Development Firm Partners Online Leasing Platform in a BTC for Solar Cells SchemeSouth African property developer, New Age Properties, says it has partnered with Sun Exchange, an online leasing platform, as part of an effort to bring cheap and clean energy to low-income earners. Bitcoin for Solar Cells According to the two companies’ working arrangement, Sun Exchange, which also accepts payment in BTC form, will enable buyers […]

Major Venezuelan Aviation Academy Enables Bitcoin Payments as Crypto Adoption Keeps Rising in the Country

Major Venezuelan Aviation Academy Enables Bitcoin Payments as Crypto Adoption Keeps Rising in the CountryA leading Venezuelan aviation academy announced its inception into cryptocurrency adoption after enabling bitcoin payments. Caracas Air is now accepting crypto payments for those who want to take any of their courses. Academy Started Its Operations in 2015 According to the announcement made by its CEO, Oliver Laufer, the academy will also offer discounts and […]

Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34

Egypt's Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000 in much of Q1 of 2021. The Premium on BTC In addition […]