Author: Micah Bamigboye

Vitalik Buterin, the co-founder of the second largest blockchain Ethereum, has introduced a new category of milestone to the technical roadmap of the blockchain. This addition is targeted at improving censorship resistance and decentralization of the network. This new development was announced to the public by Buterin through a Twitter post where he introduced a section called “the Scourge” which he added to the existing give segments. The Scourge which is the new addition to the roadmap is accompanied by other previously-known roadmaps: the merge, the Surge, the Verge, the Purge and the Splurge. The Scourge which is the new…

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Football legend, Cristiano Ronaldo, who is currently with the Manchester United Football Club, on Tuesday revealed that his debut NFT collection would go live on the 18th of November in an exclusive partnership with Binance. This partnership with Binance had been announced earlier this year and the partnership signifies his adoption of the web3 space and opens up the opportunity to be part of the legend’s web3 local area through his NFT assortment sending off soon on Binance. Ronaldo’s first NFT collection slated to go live on the 18th of November 2022 is the fulfillment of an exclusive long-term partnership…

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In partializing its commitment to web3 adoption, Meta has incorporated into one of its platforms an NFT platform to facilitate the trading of NFTs. Announcing the plan to commence NFT trading on Instagram, it was stated that users will be able to create and sell NFTs on Instagram starting with Polygon-based NFTs. Users can also connect to Solana and phantom wallets while accessing Opensea. Explaining the workability of the marketplace, the publication explained that the marketplace will enable creators to make their NFTs on Instagram and sell them to interested parties both on Instagram and other NFT marketplaces. This means…

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Due to the inability of Meta to launch its blockchain-based stablecoin project Diem, some of the employees working on this blockchain left to develop their layer one blockchains. One of those that left was Mohammad Shaikh and Avery Ching, the founders of Aptos.  What is Aptos?  Aptos is a scalable Proof-of-Stake Layer 1 blockchain that leverages a new smart contract programming language called Move. This is a project developed by Aptos Labs, a blockchain startup led by two former Meta employees, Mo Shaikh and Avery Ching. As one of its main focuses, the creation of Aptos is geared to solve…

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The largest crypto exchange by trading volume Binance has just concluded its 21st routine quarterly burning of its native token BNB. This coin-burning round saw the elimination of about $547 million worth of BNB tokens from the circulating supply. This action followed the resumption of activities on the Binance Chain Network which had been suspended as a result of an attack on the blockchain. While announcing the action in the released publication, Binance stated that a total of 2,065,152 BNB tokens have been burnt. And as of the time of the writing, the total value of the burnt token is…

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One of the top-ranked online messaging apps, Telegram has added to the features it provides as it has gone beyond just messaging as users can now exchange cryptocurrencies just as they exchange messages. Before this, the developers of Telegram @wallet Bot had earlier launched “the wallet Bot” that allows users to buy cryptocurrencies through their bank cards, exchange or through transfers from another wallet. These developers have upgraded this feature as users can buy cryptocurrencies and send them within chats. This upgrade will see the selling and buying of cryptocurrencies between users on the Telegram app with an exchange service…

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The price value of Ripple’s native token XRP has appreciated this month by 28% despite the fact that the market leaders Bitcoin and Ether have reduced in value by 4.5% and 17% respectively. This glimpse of hope has made traders buy bullish bets in a futures position with the hope that the coin will be spawned into a bullish move towards the end of the year. The key underlying factor that has motivated traders to make XRP year-end upside call is the anticipated resolution of the lawsuit between one of the affiliations of XRP and the U.S securities and exchange…

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One of the top-ranked digital currency apps, Crypto.com is currently seeking a refund of US$ 7.2 million (AUD 10.5 million) that was accidentally transferred to a woman in Melbourne in May 2021. This was due to an error made while the platform was trying to refund her AUD 68. The employee that was saddled with the responsibility of refunding her typed her account number in the field where they were supposed to type the amount to be refunded. Consequently, the user received a total amount of 10,474,143 Australian Dollars which she splurge upon the receival. Crypto.com didn’t notice this huge…

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The world’s largest cryptocurrency trading platform by trade volume, Binance has recently taken a decisive decision on the USDC stablecoin listed on its exchange. On Monday the 5th of September 2022, Binance released a publication stating the plan of the exchange to remove the stablecoin USDC from the platform’s trading pair on the 29th of September 2022. In their issued statement titled “Binance to Auto-convert USDC, USDP, TUSD to BUSD”, Binance added that two other stablecoins, PAX Dollar (USDP) and TrueUSD (TUSD) trading pairs will be removed and customers who don’t transfer their assets in this stable coin will see…

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The Africa-based blockchain payment startup, Bitmama has raised a $1.65 million pre-seed expansion fund, an addition to the $350,000 it garnered in the last pre-seed round that was held last October. A total of $2 million has been gathered at the closing of the just concluded per-seed round. This just-concluded pre-seed round was led by Unicorn Growth Capital and Launch Africa Ventures. Following up on their previous investment in the October pre-seed, Adaverse and Flori Ventures also participated in this just concluded round. This new round also saw the investments of new investors. These investors are Tekedia Capital, GreenHouse Capital,…

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