Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers

Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will face “volatility risk” alongside “regulatory and operating risks”…

Polygon Enters Into Africa With Quidax. Quidax to Launch Self-Service Listing, Celebrates 3 Years

PRESS RELEASE. Lagos – African-founded cryptocurrency exchange, Quidax is integrating with Polygon. Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Quidax’s integration with Polygon is Polygon’s first in Africa and represents a significant milestone as it gains increased developer adoption. As part of the integration, Quidax has listed Polygon’s native…

Decentralized TV Advances as Cudos Ties Up With Sator and Crypto-Themed Series “Hold on for Dear Life”

As blockchain technology expands its horizons, attention is turning towards Hollywood with the introduction of a brand new decentralized series titled “HODL,” which will feature fan engagement tokens and highlight mining services-for-all. Audience to Gain Exposure to Token Incentives and Mining Art imitates life in one of the latest expressions of the blockchain universe as…

Meet the 9 and 14-Year-Old Siblings Who Make $32,000 Per Month Using Ethereum Mining

According to a Dallas News story, this sibling combo has been Ethereum mining for thousands of dollars. While other children play with their laptops, Ishaan and Aanya Thakur use theirs to earn money. From their Ethereum mining enterprise, which they started in their garage, the brother-sister combo now earns $32,000 per month. After their father…

Bank of Ghana Urged to Resist Developing a CBDC Based on ‘Old Traditional Siloed Financial Thinking’

A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.” Afroblocks Not Consulted Afroblocks (formerly Blockchain Society Ghana) instead wants the central bank to emulate “financial projects that are…