Author: Precious Udeorah

If you want to stay relevant and competitive and work for a reputable company, you need to use Blockchain tools to their full potential. These tools not only enable the process of Blockchain creation seamless, however, but they also aid in learning about the subject. Solidity Solidity is without a doubt one of the most widely used languages among Blockchain developers. It was created to target the Ethereum Virtual Machine and was inspired by C++, Python, and JavaScript (EVM). Solidity is inscribed, with inheritance, libraries, and sophisticated user-defined types all supported. Solidity is a programming language that utilizes the OOP…

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Old Fashion Research (OFR), a body of former Binance executives, has launched a $100 million investment fund to assist expand cryptocurrency startups in Africa and Latin America. OFR was created by Ling Zhang, Binance’s former Vice-president of M&A and Investments, Wayne Fu, former Head of Corporate Development at Binance The fund will concentrate on the metaverse and increasing cryptocurrency adoption in emerging countries such as Latin America and Africa. Limited partners, traditional VC firms, family offices, and angel investors from both in and out of crypto industry contributed to the funding, with global gaming platform WEMIX driving the charge, according to…

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After hitting a low of $2.96 per transaction past Sunday afternoon, the average Ethereum network cost has fallen to its lowest level in over ten months (ET). On July 11, 2021, Ethereum transfer fees fell below $3 for the first time. Furthermore, median prices are considerably lower: on May 29, the median Ethereum transaction fee was roughly 0.00086 ether or $1.56 per transfer. Ethereum network fees have dropped to their lowest level in over 10 months, with the average ETH transfer price falling to $2.96 per transaction around 12 p.m. (ET) on Sunday. As the day progressed, the average ether…

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Customers of Vodafone Cash and CalBank have been given the option to try out the eCedi, the electronic version of the Bank of Ghana’s Central Bank Digital Currency (CBDC). Reports in Ghana suggest that CalBank and Vodafone Cash clients in Accra and Tarkwa in the Western Region are the only ones who can test the online version of the eCedi. Meanwhile, the analog version of the eCedi is being tested in Sefwi Asafo in the Western North Region, and the Central Bank is impressed by how chosen people in that town utilize the eCedi for daily transactions including food, groceries,…

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It’s no longer news that cryptocurrency and digital assets as a whole have become major talking points of the finance sector. As a result, there has been an influx of people trading and investing in crypto as well as carrying out major transactions using digital assets. Conversely, many have also gone in blindly and made bad business decisions due to the lack of adequate knowledge on how to navigate the sector. The following are some ways you can safely acquire digital assets: Use a Verified Exchange Platform Investing in cryptocurrency is similar to exchanging currencies. To begin your investment, you…

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7 Officials from the International Monetary Fund (IMF) are urging states to tighten controls on crypto transactions, which they claim pose a threat to legislation set up to protect economies from unstable financial flows. The officials write in a study that crypto-assets constitute a threat to capital flow management (CFM) laws, which are normally established by developing economies to protect against the volatility that can result from large financial movements. How CFMS work? To put it another way, capital flow management (CFMs) are restrictions imposed by some governments on the amount of money that can exit or enter the country.…

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The World Bank has stated that funding the planned Sango crypto center will be “physically difficult” and expressed reservations about the country’s adoption of Bitcoin. The World Bank has expressed reservations about the Central African Republic’s (CAR) adoption of Bitcoin (BTC) as a legal tender and has stated that it will not support the recently announced “Sango” crypto hub. President Faustin-Archange Touadéra of the Central African Republic developed a regulatory structure for cryptocurrency in the country and made Bitcoin legal tender at the end of April. As Of May 24, he launched “Sango,” the country’s first crypto hub. Sango is…

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Although its token price continues to suffer, the Uniswap protocol’s overall cumulative trading volume just surpassed $1 trillion. The Uniswap community reached a remarkable milestone today, as the protocol confirmed a $1 trillion cumulative trading volume over the protocol’s lifespan. Uniswap Protocol is among the first decentralized exchanges to launch, having launched in November 2018 on Ethereum Mainnet. Its main objective is to create a non-custodial system for Blockchain trade, trade and purchase, and after three and a half years, the network has seen a volume of over a trillion dollars pass through it. Uniswap now has a daily trading…

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FluidCoins, a  Nigerian crypto payment startup concentrating on APIs to allow businesses to embrace crypto payments, launched its latest product, Wallet-as-a-Service, in a blog post by CEO Lanre Adelowo. Businesses can use stablecoins, a sort of altcoin whose value is fixed to the dollar or another currency, to deliver crypto-centered financial products to customers. FluidCoins claims that: “One can create stablecoin addresses on 4 distinct blockchains for free and receive payments on them.” These payments can either be transmitted to some other crypto address or sent as USD to an offshore bank account.” A link between computers or programs is…

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A group of cryptocurrency companies has teamed up to launch a new multi-chain scam reporting tool, Chinabuse. The launch was announced by RM Labs, Solana Foundation, Circle, Hedera, the Aave Companies, Binance.us, and Civic recently. According to the statement, the platform, which is run by blockchain intelligence startup TRM Labs, “empowers anyone in the crypto economy to notify others about hacks, scams or other fraudulent activities as they experience it.” “The free tool allows crypto users, financial crime victims, and crypto businesses to actively participate in ensuring the crypto ecosystem become a safer place to trade.” Users can now submit…

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