Investing in DeFi – A Comprehensive Guide
DeFi has emerged as a game-changing, fast-expanding industry in blockchain technology and digital currency. Due to this rapid growth, many people are increasingly interested in investing in DeFi. DeFi is an umbrella word for many forms of FinTech that rely on distributed ledger technologies like Ethereum. DeFi gives customers more independence in their financial dealings, […]
Fastex swaps xFTN to FTN on BetConstruct’s blockchain
The xFTN tokens to FTN token swap marks a significant step in the development of BetConstruct’s Bahamut platform. Fastex has announced the completion of a token swap between xFTN and FTN on its native exchange. The token swap was open to all buyers who purchased xFTN during the presale stage, giving them unrestricted access to […]
Blockchain Technology’s Role in the Fight Against Cybercrime
Cybercrime is a growing concern in today’s highly connected digital environment, with annual losses estimated in the billions of dollars for corporations and people. However, the development of blockchain technology serves as a potent weapon for the fight against cybercrime. Data integrity, transaction security, and identity management are all areas where blockchain’s decentralized and immutable […]
Craig Wright Loses Libel Case, Gets £1 in Damages
Craig Wright, who claims to be the creator of Bitcoin, has lost his libel case against Peter McCormack, a podcaster who called him a fraud. The court ruled that Wright gave false evidence and awarded him only £1 in damages. Craig Wright, an Australian computer scientist, has long claimed to be Satoshi Nakamoto, the pseudonymous […]
CBN Revamps eNaira Model, Raises Interest Rate
To increase eNaira adoption, the Central Bank of Nigeria (CBN) is redesigning it and has raised the interest rate from 18.5% to 18.75% to fight the growing inflation. The eNaira, Nigeria’s CBDC, was launched in October 2022 as a digital version of The Naira, Nigeria’s national currency. The digital currency is meant to facilitate faster, cheaper, and more […]