About 8.3% of polled South African internet users own NFTs while a further 9.4% said they plan to acquire such tokens in the future, a study has found. Twelfth-Highest NFT Adoption Rate According to the findings of the latest Finder online survey, about 8.3% of the 1,205 South African internet users surveyed own a non-fungible…
Bank of England Governor Worried About Bitcoin Being Legal Tender in El Salvador
The governor of the Bank of England, the country’s central bank, has voiced concerns about El Salvador choosing bitcoin as a national currency. Citing a recent warning by the International Monetary Fund (IMF) against bitcoin’s use as legal tender, the governor said: “What would worry me most of all is, do the citizens of El…
Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Buying Bitcoin and Ether as Inflation Escalates
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he stressed. Robert Kiyosaki Warns About Inflation, Reveals He’s Buying More Bitcoin and Ether…
Thailand Plans to Become ‘Crypto-Positive Society’ — Governor Says ‘Crypto Is the Future’
Thailand is laying the groundwork to become a “crypto-positive society” with the aim to attract crypto holders and boost its tourism industry. The country hopes to gain back some of the $80 billion in lost tourism revenue due to the Covid-19 pandemic and subsequent shutdown. Thailand Plans to Attract Crypto Holders The Tourism Authority of…
Ethereum L2 Scene Heats Up With Boba Network Taking Second Spot in TVL
Boba Network, a recently released L2 layer for Ethereum, has quickly jumped to second place in TVL (total value locked) among all expansion layers. Boba, which is a fork of Optimism, another L2 layer based on rollups, reached more than $1 billion in TVL, surpassing Optimism. This is likely due to the profitable percentages offered…
Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution
The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP)…