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In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has stressed the importance of collaboration between NITDA, the Central Bank of Nigeria (CBN) and financial institutions.In an interview with Cryptox at
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XRP, the native token of Ripple, is poised to take part in a $1.2 quadrillion derivatives market following Ripple’s integration into the
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Financial services provider Mastercard revealed a new partnership with artificial intelligence (AI) firm Feedzai, according to reports from CNBC on Nov. 20. Mastercard says this integration aims to boost its ability to detect and prevent fraud routed through cryptocurrency exchanges. According to the report, Feedzai will be integrated directly with Mastercard’s
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With this integration of Smart Pools, users can now earn higher yields without the hassle of manually rebalancing their liquidity. Decentralized finance (DeFi) network Steer Protocol has teamed up with Sushi to integrate its innovative Smart Pools into the ecosystem. According to the announcement, the collaboration aims to revolutionize liquidity management and
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Polygon Labs (MATIC) and the NEAR Foundation have recently announced their collaboration on the development of a zero-knowledge (ZK) prover for the
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The developers of the Near and Polygon networks are teaming up to create a zero-knowledge (ZK) prover for Web Assembly (WASM) blockchains, according to a joint announcement on Nov. 8. The new prover, called “zkWASM,” will for the first time allow WASM-based networks to join the Polygon ecosystem.Zero-knowledge, meet Web
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Magic Eden has introduced new features to enhance its support for the Polygon network, including an aggregation tool and royalty enforcement for its marketplace. Magic Eden, a notable NFT marketplace, is expanding its services for the Polygon (MATIC) network by introducing a set of innovative features aimed at enhancing user experience.
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NFTs have changed our understanding of digital assets since gaining more mainstream attention in recent years. With this, the relationship between NFTs and physical assets has also emerged as an intriguing and innovative use-case for this technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be
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Ankr has announced a significant partnership with XDC Network, a Layer 1 blockchain platform for trade finance and asset tokenization. The partnership will enable Ankr to offer its Remote Procedure Calls (RPC) service to XDC Network, enhancing its performance, security and scalability. RPC is a protocol that allows applications to communicate with
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Ripple chief technology officer David Schwartz advocates for integrating an automated market maker (AMM) feature with the XRP Ledger (XRPL) to enable the creation of decentralized exchanges (DEXs) on the XRPL. Schwartz described AMMs as a fascinating aspect of decentralized finance in a post on social media. However, implementing this feature
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