Launch of the e-Naira; Nigeria and Africa’s First Digital Currency
eNaira, the country’s digital currency, has been unveiled by President Buhari. The Vice President, Prof. Yemi Osinbajo, as well as the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, alongside other dignitaries, were all in attendance at the launch of the digital currency on Monday, 25th of October at the State House in […]
Elon Musk shares Jack Dorsey’s inflation concerns
With a recent comment, Tesla CEO Elon Musk has fueled the current discussion about inflation. While Elon Musk avoided making long-term forecasts, he says that there is “significant inflationary pressure” in the short term in response to Ark Invest CEO Cathie Wood’s tweet regarding the diminishing velocity of money in the United States. I don’t […]
Tesla may reintroduce cryptocurrency as a payment method
Tesla may resume taking cryptocurrency payments, according to its third quarterly report filed with the Securities and Exchange Commission. According to the report, Tesla spent $1.5 billion on BTC in the nine months ending September 30. It accepted Bitcoin as payment for sales of some items in certain locations until the end of March, but […]
Data reveals that SuperRare customers buy more costly NFTs while having fewer buyers
According to Dune Analytics, NFT marketplace SuperRare has achieved a new monthly record for a total sales volume of $31.4 million with a week to spare till the end of October. SuperRare is a one-of-a-kind Ethereum (ETH) NFT marketplace where collectors may buy a blockchain deed of ownership for digital things including memes, films, and […]