Binance, the world’s leading cryptocurrency exchange, has held talks with the Nigeria Export Processing Zones Authority (NEPZA) to create a virtual economic zone in West Africa. The partnership aims to build a crypto-friendly zone similar to the Dubai Virtual Free Zone, announced NEPZA on Twitter. NEPZA has announced that it is holding talks with BinanceContinue reading “Nigeria, Binance in talks to develop crypto-friendly economic zone”

As the date of the much-awaited Ethereum Merge comes closer, the excitement in the community is skyrocketing. Ethereum, which has been in the limelight for a few months now, also showed a promising performance last week by registering nearly 8% 7-day gains. Though the majority of crypto enthusiasts believe that as we approach the MergeContinue reading “Ethereum: This can be a setback for ETH ahead of the Merge”

Uniswap has seen a spike of ​​8.05% within the last seven days. Even in the current bearish market, UNI has managed to exhibit positive price moves. But what could be the factors leading up to this? There have been a couple of developments that could be the reason for this growth. Recently, the head ofContinue reading “Uniswap: Chances of UNI’s long bet win in future are very…”

The entire crypto-community’s excitement is increasing as we enter the final stage of the Ethereum Merge, which is scheduled to happen in mid-September. Miners are actively looking for other alternatives to keep their mining operations running as ETH prepares to adopt a more energy-efficient PoS consensus mechanism with the Merge. Interestingly, given the situation atContinue reading “Investors should read this before selling ETC ahead of Merge”

Solana’s price has not been having the best of months, with the altcoin’s price going down by 31% since August. However, there has been one new development on its Github. What’s the next move? Solana’s team seems to have incorporated the Move language into its development strategy. Move is a programming language created by Meta,Continue reading “Solana proposes new Move to silence critic-fueled FUD”

MATIC, which has been registering more greens on its chart over the past week, has flipped DAI to become the 12th largest cryptocurrency in the world. The altcoin outperformed several other cryptos with higher market capitalizations over the same period, with its value hiking by nearly 10% in seven days. At press time, MATIC wasContinue reading “MATIC: Not Coinbase, but this ‘effect’ might come into play soon”

Dogecoin [DOGE] is one cryptocurrency that has been gaining the attention of whales lately. For one, the last 24 hours have been phenomenal for the meme coin as Binance Smart Chain (BSC) whales circulated over $2 million worth of DOGE. According to DogeWhaleAlert, the activities of whales around the altcoin increased by more than usual.Continue reading “An eye on Dogecoin’s [DOGE] >$2M whale activity reveals…”

Last week, 1inch outperformed several cryptos with its higher market capitalization, gaining by over 4% in 7 days. The altcoin’s price movement was not unexpected, however, as several developments in its ecosystem accelerated its incline. In fact, according to Messari, 1inch accounted for more than 60% of Synthetix’s trade volume prior to full integration. KwentaContinue reading “Will 1inch’s price finally follow its network activity north”

Terra Classic [LUNC] is once again in the news. The token was recently in the limelight for registering an unprecedented hike over the last week. However, hell broke loose much recently.   Binance posted an update that it will suspend deposits and withdrawals of LUNC (Shuttle) via Ethereum network (ERC20) and USTC (Shuttle). It will alsoContinue reading “Terra Classic [LUNC] investors may have some sleepless nights thanks to Binance”

The end of August went rough on Bitcoin [BTC] as its price plunged. However, September has bought some better days as the crypto registered only a slight decline in its seven-day performance. This may be considered as a sign of an uptick in the near future. At the time of writing, BTC was trading justContinue reading “Here’s why Bitcoin [BTC]’s September gains may be nothing more than a façade”

When Shiba Inu [SHIB] went public with its efforts to delve into the Metaverse, some quarters in the crypto community took it as a joke. “How can a meme toke with no known utility say the Metaverse was part of its objectives?”. Well, the doubts may not be put to rest as the latest updateContinue reading “Shiba Inu [SHIB] may need more than the Metaverse to wake up from its slumber “

The International Monetary Fund (IMF) recently published a paper titled “A Foundation of Trust“. The paper stated that central banks must harness technological innovations introduced by cryptocurrencies. Further, banks must do so while implementing CBDCs to build a rich and diverse monetary system. The paper also highlighted the flaws of cryptocurrencies. The paper is jointlyContinue reading “Recent IMF report highlights the flaws of cryptocurrencies; rejects its sole use”