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This new approach, powered by blockchain technology, provides businesses with benefits that are increasingly important in today’s online space, including increased security, resiliency, and autonomy. Even for experienced business owners and webmasters, understanding the nuances of this change is essential to staying competitive as the web becomes increasingly decentralized. With this in mind, let’s explore the basics of decentralized hosting, its impact on website management, and five blockchain-driven trends you need to know about in 2024. What is distributed hosting? If you want to protect your server online, there are many different types of web hosting to choose from. Distributed…
Both Solana and Ethereum have achieved significant milestones while fostering a competitive rivalry, but recent events could further exacerbate tensions between the two. Swiss crypto bank Sygnum, in its monthly report, calls Solana (SOL) the most important challenger to Ethereum (ETH) in the financial sector and a viable alternative for numerous deployments and development breakthroughs. He emphasized that there is. Solana, often referred to as the “Ethereum killer,” has steadily gained momentum by exploiting Ethereum’s weaknesses to establish a competitive advantage. However, as Ether continues to outperform Solana, there is a large gap in market cap of approximately $218 billion.…
Coinbase plans to delist all non-compliant stablecoins in the EEA by December 30, 2024 to meet new EU regulations. Users within the EEA will be able to convert non-compliant stablecoins to MiCA-approved alternative coins such as USDC by December 2024. Coinbase announced that stablecoins that do not meet the European Union’s new Market for Cryptoassets (MiCA) regulations will be delisted by the end of 2024. This measure is particularly relevant for the European Economic Area (EEA) and is a major step towards ensuring compliance with new rules governing digital assets across the region. For stablecoin issuers, the MiCA regulation will…
Centralized cryptocurrency exchanges (CEX) continue to play an important role in the crypto ecosystem as the primary platform for buying, selling, and exchanging cryptocurrencies. Despite the growth of decentralized finance (DeFi), centralized exchanges remain essential thanks to their ease of use, liquidity, and established infrastructure. However, the future of CEX is rapidly evolving as regulations tighten. Let’s explore the current state of centralized exchanges and the regulatory backdrop that shapes their operations. The importance of centralized exchanges (CEX) in the world of cryptocurrencies CEX, along with Binance, Coinbase, and Kraken, has formed the core of the cryptocurrency market for many…
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Director-General of the National Information Technology Development Agency (NITDA), Inuwa Kashif, has announced that industry experts, government officials and experts will collaborate to fully explore the potential of blockchain technology in asset management and economic growth in Nigeria. He encouraged them to take action. Speaking at the Tokenization Economy Conference and Exhibition, the event focused on the theme “Tokenization Economy 2024: Tokenization of Real-World Assets” and was hosted by CyberChain in collaboration with Bayes University and NITDA. Blockchain as a catalyst for economic transformation The conference served as a platform to discuss how blockchain can transform various sectors by facilitating…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Smart investors are targeting these three standout cryptocurrencies that could deliver 70x returns before Bitcoin hits $100,000. Smart investors are looking at three standout cryptocurrencies that are poised for explosive growth. These digital assets can deliver a staggering 70x return even before Bitcoin reaches the $100,000 mark. Discover which tokens are surging and why they are making a big splash in the cryptocurrency space. Let’s find out which coins are about to skyrocket. CYBRO defies market headwinds and powers…
Oromia Cooperative Bank (COOPBank) has taken a groundbreaking step in the modernization of financial services by integrating blockchain technology into its remittance services for Ethiopians living abroad. The bank has partnered with Estonia-based Inclusive Finance Tech Foundation (InFTF MTU) to launch Ethiopia’s first blockchain-enabled remittance platform. The platform aims to provide faster and more affordable cross-border remittances for the Ethiopian diaspora. Addressing the challenges of traditional money transfers Ethiopia has a large diaspora community, with millions of its citizens living abroad regularly sending financial aid to their families back home. However, traditional money transfer methods have long been characterized by…
Rhodium 045 Inc. introduces Red Sandalwood Farms (REDSF), the first-ever Web3 gaming platform that combines advanced artificial intelligence (AI) and blockchain technology to enable players to earn real-world assets . This innovative project marks a major advancement in both the gaming and cryptocurrency space, setting a precedent by tying in-game achievements to ownership of a highly valuable real-world asset: a plot of rosewood plantation. I did. The platform offers both entertainment and financial opportunities, pushing the boundaries of virtual and physical integration in an unprecedented way. Exploring new frontiers in gaming Known for its forward-thinking approach to technology, Rhodium 045…
Unlock Editor’s Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.The ferocious rally in Chinese stocks over the past week has underscored one of the key rules of the market: always keep an eye on the crowd.Just before a long market holiday, authorities in Beijing sent a strong message that enough is enough. The economy has stalled (by Chinese standards, most Western countries would be happy with growth of just over 4.5%) and the stock market has been bleeding for months.So central banks and other authorities have launched a flurry of recovery measures, from…