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Flickto and Proof of Africa (PoA) partner to enable Web 3.0 in Africa

With the emergence of blockchain and cryptocurrencies within the last few years, services are being provided to underserved communities and cultures worldwide. This innovative technology facilitates the ability of cross-collaboration in a decentralized manner, which provides opportunities for individuals who are often neglected. Cardano has begun work to provide women in Africa with opportunities that allow them to gain the capabilities needed to help them thrive in such a competitive and daunting environment.  Flickto has decided to walk in the...

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Binance to Give Away Free Shiba Inu ($SHIB) In New promotion

Leading cryptocurrency exchange Binance is giving away the meme-inspired cryptocurrency Shiba Inu ($SHIB) to new users on its platform through a new promotion that is seemingly meant to incentivize users to trade SHIB. According to an announcement the exchange published, its promotion is running until March 21 and...

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Treasury Department Seeks to Educate the Public on Risks of Crypto Investing

Key Takeaways

The U.S. Treasury wants to increase awareness and educate American households about the risks of investing in cryptocurrency. The initiative is being led by the Treasury’s Financial Literacy Education Commission. Nellie Liang, Treasury Under Secretary for Domestic Finance, has expressed her concerns about regulating digital assets in the past.

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The Treasury Department will kickstart an initiative to educate consumers about the potential risks of investing in cryptocurrency. The initiative, which will be conducted by the Treasury’s Financial Literacy Education...

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Here’s the to-do guide for Solana’s market bulls

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana has emerged as the faster network in terms of transaction speed, according to a recent investigation. On the contrary, it is also a statement of fact that unique daily active signers have dropped since January. On the charts, Bitcoin has seen a massive drop in recent months and so has Ethereum. Solana had been one of the large-cap coins that...

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Congress Could See Stablecoin Bill by End of March

Key Takeaways

Competing bills concerning the regulation of stablecoins and their reserves could be introduced in Congress this month. Representative Josh Gottheimer produced an earlier draft of the bill, similarly aimed at regulating reserves, this February. The aim of the bill is related to the President’s Working Group on Financial Markets (PWG) and past Tether controversies.

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A bill regulating stablecoins within the U.S. could be introduced as early as this month, according to a report from Blockworks.

Bills Could Be Introduced This...

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What risk-on asset Bitcoin should expect before smart money arrives

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In November 2021, news came out that the U.S Consumer Price Index (CPI) rose by 6.8% when compared to the year prior. This signalled that inflation was higher than expected. Smart market participants asked a pertinent question – Could this inflation result in investors fleeing cryptocurrencies, which are inherently risky holdings? Well, a look...

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Avalanche Foundation Announces $290M for “Multiverse” Program

Key Takeaways

The Avalanche Foundation announced the Avalanche Multiverse today. The Avalanche Multiverse is a $290 million incentive program seeking to spur its new subnet-driven ecosystem. The program aims to fund projects in the Web3 gaming space, DeFi, NFTs, as well as facilitating institutional usage.

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The Avalanche Foundation has launched a $290 million incentive program called Multiverse to promote its new “Subnet” functionality. The Subnets’ intended utility is to encourage the development of a vibrant ecosystem of “scalable app-specific blockchains.”

Avalanche...

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U.S. Bans Russian Oil And Gas Imports

Russia has continued to receive Sanctions from the west since it declared war on Ukraine. In one of the latest sanctions, President Joe Biden announced that the United States has banned Russian oil, gas, and energy imports.

Biden Targets Life Wires For Russia

President Biden in a Twitter announcement revealed the latest sanction targets the life wire of Russia’s economy, which is oil and gas. As such, the country has banned all Russian oil and gas imports. Today, I’m announcing...

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$AVAX: Avalanche Foundation Launches $290 Million Program to Support ‘New Ecosystems’

On Tuesday (March 8), the Avalanche Foundation launched Avalanche Multiverse.

What is Avalanche ($AVAX)?

Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts...

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