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Binance Uganda – Binance, a major international cryptocurrency exchange and the largest by trading volume of about $1.8 billion daily, has announced the launch of its fiat-to-crypto exchange situated in Uganda. The exchange (Binance Uganda) is a subsidiary of the company and its first fiat-to-crypto exchange. The new exchange boasts of a capacity to process an average 1.4 million transactions per second hence one of the fastest globally. Prior to this official launch, Binance Uganda had already…

Lightning Network- Technological advancement has overtime formed the core of all key spheres, with a constant upgrade of existing technology to portray new findings, address flaws or lags and incorporate new features all aimed at providing end users maximum utility through adoption. An Insight The cryptocurrency sphere has in recent times seen lots of technological upgrades with emerging products across niches amid calls for improved services by investors, developers, miners and end users. Most paramount herein…

Buda exchange, one of Chile’s largest cryptocurrency exchanges by trading volume has recently introduced support for Lighting Network payments (LN) on its platform. Buda looks to enable users experiment with the second layer scaling solution. According to the exchange’s publication, users will be able to make payments via the Lightning Network using funds deposited on the exchange. To complete the payment process, users will need to get an invoice from a vendor accepting LN payments…

Ivy League Universities in the United States are joining the crypto investment train. Independent reports by The Information, have it on good authority that five (5) more Ivy League schools were investing millions of dollars into various cryptocurrency funds. Statistics show that colleges in the United States jointly hold around half a trillion dollars in assets and endowments. Harvard and Yale universities alone account for over $65 billion of that wealth; with Yale University quoted…

Alibaba Group Chairman and CEO of China’s $150 billion financial conglomerate- Ant Financial; Jack Ma has said in a recent speech that he pays special attention to Bitcoin and Blockchain technology, and the potential of establishing a cashless society. Despite China’s tight regulations on blockchain and cryptocurrencies, interest of major industry stakeholders in the crypto industry still remains high. The CEO remarked that he is still studying the fundamental value of Bitcoin and other major cryptocurrencies as…

Olympic Games- Ripple (XRP) has in recent weeks made headlines in the crypto industry for a wide range of achievements, from hosting a top notch SWELL conference, to rolling out great initiative programs and a quick toggle with Ethereum for the second spot on coin market standings. Its latest feat is the drive to become the official cryptocurrency of the 2020 Olympic Games as crypto and blockchain adoption keeps taking center stage. This Olympics initiative…

Binance, world’s number one and largest crypto exchange by trading volume has announced effective changes to its coin listing policy and a 100% donation of all coin listing fees/charges to charity. The term listing involves a process where exchanges add new coins to the list of tradable assets already available on their platform. Previously, Binance varied its listing fees based on a number of factors such as type of token and expected daily volume. According…

Yale University, a United States Ivy league university is reportedly part of a group that is helping to raise $400 million for a huge cryptocurrency fund project, making it one of the largest of such investment funds. According to multiple sources, the university is taking a shot at cryptocurrency via the fund named ‘Paradigm’, founded by Coinbase co-founder Fred Ehrsam, Charles Noyes of Pantera capital and former Sequoia Capital partner Matt Huang. An interesting part…

Soulja Boy, popular American rapper with a huge fan base has released a new album titled Young Drako. The album which features traditional rap tracks and other artiste collaborations; also features a major talking point; with one track off the album titled ‘Bitcoin’. The track titled Bitcoin, focuses on the artists’ love for cryptocuerrency as well as an insight into his purported success while making money as a trader. The song was uploaded yesterday on…

Argentina, South American nation has been caught in an economic crises with a predicted 40% rise in inflation by year end and the with country’s fiat currency, Peso dipping in value to as low as 50% against the U.S. dollar. In lieu of this economic decline, many nationals now turn to cryptocurrencies especially Bitcoin, to cushion the effect of this decline and stay afloat of the current economic woes of the nation. To this end…