Why Africa Is Becoming the Next Blockchain Technology Hub

Africa is the second-largest and second most populated continent globally but isn't at the forefront of traditional ventures. However, in the wake of blockchain technology and the cryptocurrency market, it is due to a significant change. Ghana, South Africa, Uganda, Kenya, and Nigeria are among the top ten countries with the highest Google search for 'Cryptocurrency.' Furthermore, African countries are laying the necessary foundations for the cryptocurrency industry to thrive.  Bitcoin advocate and Twitter founder Jack Dorsey noted in 2019…

Hotbit is Listing CREDIT, Africa’s Most Promising Cryptocurrency

TerraCredit is on a mission to circulate the cryptocurrency market and help the unbanked and unfortunate without competition. Hotbit announced bringing CREDIT onto its platform, whereby the official launch will be on August 3. However, depositing CREDIT on the platform will open on July 31, while trading will open as of August 3. CREDIT will be trading against USDT, to begin with, hoping to increase the trading pairs as time goes by. Terra Credit has been vigilant about its worldwide…

MyCointainer to List CREDIT Before the Swap

MyCointainer is set to list TerraCredit’s native token, CREDIT, right before the swap to CREDIT 2.0 is completed.  Bitforex and Catex are the latest to list CREDIT, with the pair available for trading as CREDIT/USDT. At the time of writing, CREDIT has a trading volume of $40,970 and a market cap of $325,225 with a maximum supply of over 70 billion coins. TerraCredit has its main target on helping the world’s unbanked population by providing a payment solution besides cash.…

Crypto Adoption May End Bank Credit Issuance, BoE Official Warns

The deputy governor for the Bank of England (BoE), Jon Cuncliffe, warned that the crypto economy’s exponential growth might weaken or end bank credit issuance. Cuncliffe pointed out this while delivering a speech at the London School of Economics on the 28th of February. Cuncliffe stated that BoE’s role is to ensure that the UK’s money works safely and reliably. The BoE official predicted that the integration of stablecoins on social media platforms, including the Libra project, could result in…