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“# Digital banking: How DeFi can lower costs for everyone ” Decentralized finance (DeFi) is often characterized as a movement that could unseat traditional banks once and for all — eliminating intermediaries and giving consumers levels of freedom and choice that they’re probably unaccustomed to. But there’s an alternative narrative, one that doesn’t pit DeFi…
“# Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira ” Peer-to-peer (P2P) Bitcoin (BTC) volume in Nigeria continues to rise as Africa’s largest economy remains a bastion for crypto adoption. According to Quartz Africa, data from the Bitcoin P2P marketplace Paxful show the country ranks second only to the United States…
“# Ripple has sold $15M of its stock in MoneyGram ” Ripple Labs has sold a huge chunk of its 2019 investment in MoneyGram. Per a Friday night filing with the Securities and Exchange Commission on Friday night, from Nov. 27 through Dec. 4, Ripple Labs managed to sell 2,264,113 shares of MoneyGram (MGI). The…
“# Cuban freedom fighters launch underground Bitcoin remittance network ” Cubans are finding new ways to circumvent the embargo sanctions imposed by the U.S. government back in 1962. According to an October 26 report by Cuba’s AFP news agency, remittances sent from the U.S. to Cuba often pass through a clandestine network of “crypto enthusiasts” before…