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Lack of Trust in Nigerian Government an Impediment to CBDC’s Success Prospects – Fintech Bitcoin News

While Nigerians have seemingly embraced the Central Bank of Nigeria (CBN)’s digital currency, skeptical analysts believe a lack of trust in the government will ultimately limit the e-naira’s prospects for success. Threat From Fintech Startups In addition, some analysts insist the digital currency’s already tenuous position is made worse by the fact

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Cardano’s Alonzo hard fork was a success but real utility could be a while

Cardano (ADA) reached a major milestone in its roadmap on Sep. 13 as its blockchain launched Plutus-powered smart contracts as a part of the Alonzo hard fork. The Alonzo hard fork has been highly anticipated in the Cardano community as well as the cryptocurrency sphere at large.The smart contract functionality is meant

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Bearish Bitcoin fractal with 78% success rate flashes as BTC drops below $43.5K

Last week's drop in Bitcoin (BTC) that saw BTC price falling from $47,358 to $43,178 has sparked fears of an extended selloff.Independent market analyst Nunya Bizniz highlighted a bearish fractal on Bitcoin's weekly charts concerning its 21-week exponential moving average (EMA). In detail, the cryptocurrency has closed below the said support zone 18

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Akon’s Akoin pilot heralded success, eyes countrywide rollout in Kenya

Akoin, the cryptocurrency project developed by Senegalese-American singer Akon, has achieved success in its initial pilot testing at western Kenya’s Mwale Medical Technology City, or MMTC, preparing for a national rollout in the near future. The pilot, which began in November 2020, is expected to pave the way for $5 million

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IOST-based Revival NFT Marketplace Registers Immediate Success, Transaction Volume Exceeds $1 Million Days After Launch

Ten days after launching, Revival—an NFT marketplace on the IOST blockchain—is posting enviable metrics, an update on July 27 indicates. Transaction Volumes Exploding, Exceeds $1 Million Revival is gaining excellent traction. Weekly transaction volumes now exceed $1 million. Additionally, more artists are joining the Medici Support Program. Five high-value NFT pieces by Edison

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