Adoption

Blockchain-Backed Loans Hit $582M, Doubling Yearly Figures
Blockchain

Blockchain-Backed Loans Hit $582M, Doubling Yearly Figures

Blockchain-based lending is rising, showing a significant uptick, with the value of active tokenized private credit reaching $582 million. This marks a whopping 128% increase from the figures recorded just a year ago, according to data from real-world asset loan tracker RWA.xyz. Despite falling from the $1.5B peak in June 2022, the resurgence reflects growing […]

Dec. 18, 2023
Japan’s Osaka Digital Exchange To Start Digital Securities Trading On Dec. 25
Crypto

Japan’s Osaka Digital Exchange To Start Digital Securities Trading On Dec. 25

Osaka Digital Exchange (ODX) plans to launch Japan’s first digital securities trading platform, “START,” on December 25, according to Bloomberg. This initiative caters to individuals looking for alternative assets that could potentially yield higher returns. As part of the launch, real estate firm Ichigo Owners plans to offer about ¥3 billion (about $20 million) worth of […]

Nov. 21, 2023
LN Can Turn Bitcoin Into A ‘Real Global Payment Network’: Ex-PayPal Exec
Bitcoin

LN Can Turn Bitcoin Into A ‘Real Global Payment Network’: Ex-PayPal Exec

In an interview with CNBC on Sept. 11, David Marcus, the ex-PayPal executive and co-founder of the Bitcoin Lightning-focused payment service Lightspark, said he believes Bitcoin’s Lightning Network could simplify sending money across jurisdictions.  The lightning network aims to make Bitcoin transactions cheaper, faster, and more practical for small payments. It processes Bitcoin transactions independently […]

Sep. 13, 2023
99% Of Nigerians Are Crypto Aware, 90% Ready To Invest: ConsenSys Report
Crypto

99% Of Nigerians Are Crypto Aware, 90% Ready To Invest: ConsenSys Report

A recent global survey indicates that Nigerians are more knowledgeable about crypto than people in major economies like the United States, United Kingdom, Germany, and Japan. According to a report by ConsenSys and YouGov, 99% of Nigerians are fully aware of the asset class, while 70% understand the fundamentals, operations, and value of blockchain technology. […]

Sep. 5, 2023