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In an astonishing market move, Solana has officially surpassed Binance Coin (BNB) to claim the title of the fourth largest cryptocurrency in the world by market capitalization. This monumental shift not only signifies Solana’s growing prominence in the crypto space but also marks a pivotal moment for investors and the broader blockchain community.
As the financial world turns its eyes towards the upcoming US Federal Open Market Committee (FOMC) interest rate announcement on Wednesday, March 20, 2024, the crypto community is buzzing with speculation. This pivotal event could potentially influence the trajectory of the cryptocurrency market, leaving investors and enthusiasts pondering: Will it lead to a pump or a dump?
In a revealing update concerning its operations and ongoing disputes in Nigeria, Binance, the global cryptocurrency exchange behemoth, disclosed that Nigeria accounts for less than 0.1% of its annual trading volume. Despite this modest contribution, Binance has expressed a keen interest in the Nigerian market, acknowledging its “extraordinary potential” as a key motivator behind its willingness to invest in the country.
Podcast
This episode explores blockchain and crypto adoption in Africa, highlighting major achievements, obstacles to widespread use, and the transformative potential of this technology on the continent.
This is your ultimate pre-flight check before dipping your toes into the wild world of crypto. We break down 5 crucial factors you MUST consider before buying your first coin.
In this episode, we embark on a comprehensive review of the crypto landscape in 2023 while setting our sights on the unfolding developments poised for 2024.
Articles and Blog
The ability to enable transactions that are seamless, transparent, and mostly without any third-party oversight is at the core of blockchain technology. It ensures that your funds are protected within the ledger system. And, once your trade has been verified, you can easily make a sale or purchase.
During the time your transaction awaits validation, the information is lodged in the network’s mempool until verification is complete.
By definition, blockchain is a decentralized system, where a digital ledger is made accessible to the public for the purpose of exchanging virtual currencies (cryptocurrencies). The blockchain technology makes permanent recording of activities to ensure secure transactions and improve transparency and trust in smart contracts through Its proven versatility. Some of the major cryptocurrencies traded on the blockchain are Bitcoin, Cardano and Ethereum from a host of others.
Before the advent of the current monetary system and the establishment of banks. Gold used to be the standard form of payment for all transactions, but that came with a lot of red tape and stress. starting with difficulty to store and moving around easily for regular transactions.
