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news about NFT in Finance
Exploring the Impact of NFTs on Financial Markets The world of finance is constantly evolving, and the latest development to make waves is the rise of non-fungible tokens, or NFTs. These digital assets, which are built on blockchain technology, have the potential to significantly impact financial markets, and are already causing a stir among investors, artists, and
Decentralised finance as key driver of financial ecosystem in Africa
Decentralised finance has come a long way from being a term only known to tech insiders. Although still in the early stages of development, DeFi has the potential to open the door to a new industry within the African financial ecosystem. Africa is home to some of the world’s fastest-growing economies, has a young population, and has
Stats: Crypto users in Africa grew ~2,500% in the last 12 months
Despite some socio-economic and political barriers, cryptocurrency use is on the rise in Africa. It s been reported that the number of people in Africa turning to crypto has climbed dramatically, with a , . percent spike between and - part of a set of data showing the growing usage of cryptocurrencies in Africa. This exponential rise
FTX Africa to continue driving crypto adoption through education
Spurred by the success of the #FTXAfricaCryptoTour in several African cities, cryptocurrency exchange giant FTXm has also been investing heavily in a similar initiative, this time in University campuses around the continent. The #FTXAfricaCampusTour promises to be bigger, better, and packed with interesting details, need-to-knows as well as best practices in the digital currency ecosystem. The event
‘Is my money gone?’ A thriving crypto community deals with a $600 million theft
When Logan Evans found out that Axie Infinity — a popular online game in which players can earn cryptocurrency — fell victim to one of the largest digital heists of all time, he worried he had lost everything. “My first reaction was ‘holy s---, is my money gone? Did I just buy all these cute little Pokemon
South Africa Sets $900 Million Annual Mineral Exploration Target
South Africa aims to attract $ million of annual investment in exploration of its substantial mineral wealth by removing bottlenecks, improving resource-mapping and diversifying its focus away from precious metals. The target, equivalent to % of the annual spend on exploration globally, is expected to kick-start a mining industry that has stagnated in recent years. The long-delayed
