Nigeria Launches its CBDC eNaira
Muhammadu Buhari, President of Nigeria, has officially launched the country’s central bank digital currency (CBDC), the eNaira. The document published by the Central Bank of Nigeria (CBN reaffirmed the launch of eNaira as they have failed to do it on October 1st. The CBN is now working on a global cryptocurrency used for payments or as a store of value. Read more
Mastercard To Offer Crypto Services Soon
The mainstream adoption is now happening. The multinational financial services company, Mastercard, will soon announce the integration of crypto into their products which involves thousands of banks and millions of merchants on its payment network. Bitcoin wallets, credit and debit cards can soon earn rewards in crypto and allow digital assets to be spent. Read more
Crypto Market Has Over $750 Billion in October as BTC Hits New ATH
An influx of over $750 billion in the cryptocurrency market happened in only 21 days. This is because of the rise from $1.914 trillion on October 1 to $2.669 trillion on October 21, 2021. Experts expect further upside in the BTC market after hitting a new all-time high on October 20th. Read more
Vitalik Buterin Says Layer 2 is The Future of Ethereum Scaling
Vitalik Buterin, the Ethereum founder, favors Layer 2 scaling solutions for the Ethereum blockchain network. He shared his views on his speech as he suggested that Layer 2 is the only way to safely scale the network while sustaining decentralization. Buterin also revealed that ETH 2.0 would soon be launched with its roadmap offering scalability. Read more
