Despite the continuous controversy, the value locked on decentralized finance (DeFi) applications running on blockchains of tokens claimed to be securities in the most recent filings made by the U.S. Securities and Exchange Commission (SEC) remained largely steady.
Despite declining prices, there…
Blockchain-based, cryptographically protected cryptocurrency is a form of decentralized digital money. Three concepts—blockchain, decentralization, and cryptography—must first be understood in order to comprehend cryptocurrencies.
How Does Cryptocurrency Work? Blockchain is a distributed digital ledger that only authorized users have access to in…
Bitget is about to launch Bitcoin Improvement Proposals 1 (BIP1) on Launchpad with a BGB pool and a sunshine pool.
About the project
BIP1 is a BRC20 token based on the Ordinals protocol. Representing itself as "Bitcoin's first improvement proposal", BIP1 symbolizes…
Bitcoin, the world’s first and most popular digital asset, has come a long way since its inception in 2009. From being worth a few cents to reaching a peak of almost $69,000 in 2021, this asset has been a rollercoaster ride for…
Paxful, a leading P2P Bitcoin trading platform, is back online after a month's hiatus due to staff departures and regulatory issues. The company prioritized user safety during the downtime and encouraged fund withdrawals. With a significant presence in Nigeria, Paxful served over…
On Tuesday, April 25th, 2023, the Connecting Africa Web3 Communities conference took place at the Civic Center on Ozumba Mbadiwe Street in Victoria Island, Lagos, Nigeria. The event aimed to feature the NODO News and Discovery platform and honor the Bitokun team…
The Nigerian Securities and Exchange Commission (SEC) has announced plans to regulate digital assets, but not cryptocurrencies. According to a statement released on May 1, the SEC said that its regulatory focus will be on tokens that qualify as securities. The commission…
As fears grow about the scarcity of the US currency and its potential effects on the economy of East Africa, the Kenya Shilling has dropped to a new low of 129 Kenya Shillings (KES) against the US dollar. In the past year,…