Nigeria’s President Muhammadu Buhari ASSOCIATED PRESS Nigeria recently launched the continent’s first digital currency, the eNaira. While it holds considerable promise, it faces a tough competitive environment and key challenges to adoption and implementation. Follow me on Twitter or LinkedIn. Source link
#BLOCKCHAIN AFP via Getty Images Each day there are new headlines about cryptocurrency that concern many of us in the regulated financial sectors. From its volatility – both high and low – to lack of oversight, to conversations around decentralized finance, much of the larger narrative around cryptocurrencies seems like a far reach from the…
Zhao Changpeng, founder and chief executive officer of Binance. © 2021 Bloomberg Finance LP Binance CEO Changpeng Zhao (often referred to as CZ), runs the world’s largest crypto exchange. He is a billionaire, valued at $1.9 billion, ranked number 5 on Forbes’ Crypto Rich List, and one of the most followed and influential members of…
NFT FOR SALE Propy Inc. June 9th: I am in a hotel room in NYC: I am nervously staring at the screen of my small, rose gold colored computer. Thankfully, the WiFi is working well, − which is always an unknown at a hotel. In one hour, an irrevocable auction online will start. Truthfully, I…
Computer, Bank, Blockchain, Coin, Currency getty Are all bitcoins created equal? Not necessarily according to Galaxy Digital. Revealed exclusively to Forbes, today the company is releasing a report, How Much Does It Cost To Mine A Bitcoin?, from its research team. The answer to this question matters greatly. First, as the price of bitcoin grows…
A new dawn? getty For bitcoin enthusiasts, one of the most compelling things about the cryptocurrency is its ability to side-step fiat monetary systems that dilute the value of cash holdings through inflation. That isn’t anywhere near as complicated as it sounds. Put very simply, centrals banks grease the wheels of their economies by continually…
Solana prices climbed today, as the broader digital currency market moved higher. Photographer: … [+] Gabby Jones/Bloomberg © 2021 Bloomberg Finance LP Solana’s sol token rallied today, climbing as the digital currency benefited from a broader recovery in cryptocurrencies. The digital token, which is the native cryptocurrency of the Solana blockchain network, reached $219.96 around…
Brett Winton, Director of Research at Ark Invest speaks with Raj Pathak of Morgan Stanley Wealth … [+] Management at the Forbes/SHOOK event in Boston. Robert Castagna Brett Winton, who serves as director of research at Cathie Wood’s Ark Invest, predicted a $200 trillion innovation market by 2030 as artificial intelligence, robotics, energy storage, gene…
getty As the blockchain continues to lead fresh frontiers in finance, diversity critical. It’s crucial that all demographics are represented as both the leaders of this change and the consumers of it. However, the worlds of finance and tech are predominantly white and male—and fintech, the innovative collision of the two, is no different. This…
BAKKT (NYSE: BKKT) On Monday, October 18, 2021, in celebration of Bakkt’s listing on NYSE and merger with VPC Impact Acquisition Holdings (VIH), Gavin Michael, CEO of Bakkt, rings the First Trade Bell®. NYSE Today Bakkt, a mobile wallet provider and digital asset platform founded in 2018 released its first earnings as a public company.…