DD
MM
YYYY

CATEGORIES

PAGES

DD
MM
YYYY

spot_img

CATEGORIES

PAGES

Home Blog Page 4640

Zeeh Africa Is Nigeria’s Fastest Growing Open Banking API of the Year 2022

By
Ndubuisi Ekekwe
-
0

Congrats David Adeleke and Frank Uwajeh for building and making Zeeh Africa a new category-king startup and an evolving operating system of the new banking age. We welcome you to understand how Zeeh can help you fix that banking integration problem here.

ZeeH Africa aims at ensuring seamless access to financial data and improving cyber security in the industry. Our mission is to build an ecosystem in the Fintech industry where financial organizations support each other and stimulate innovations, hence, providing highly secured and seamless services to its users.

Reddit Digital Collectibles Hit a Record High of 255,000 Avatars Minted

By
Paul Ugbede Godwin
-
0

Reddit’s nonfungible token (NFT) collection hit another milestone on December 3 with a record 255,000 of its “avatars” minted in one day.

Reddit has established communities and members, and NFT sales are just one step further to making existing communities more engaged.

The new minting record beat the previous all-time highs on August 30th and 31st, which saw just over 200,000 Reddit avatars minted each day.

The NFTs are primarily used on the social media platform as a users’ avatar and are created by a number of independent artists that use the platform. I do not think NFTs will have any significant impacts on the existing communities but to create hype for people to collect NFTs that they can show off.

At the time of the collection’s launch in July, it was widely seen as a way to boost mainstream adoption of blockchain technology as Reddit shied away from using crypto for purchases of the avatars and chose to call them digital “collectibles” instead of NFTs. The first season of collectibles is unique, but the second season was purely hyped because many were missing out on the first season.

The number of Reddit avatars minted, one bar represents one day. Source: Dune

That being said, the second season NFTs are less likely to be sold at high value compared to the first season. With the record mint day, Reddit’s Polygon Matic -based NFTs now boast around 4.4 million in circulation, according to data from Dune Analytics.

However, despite the amounts minted, Dune data shows just over 40,000 Reddit avatar NFTs have been sold since their launch,  and there are around 3.7 million holders of avatars indicating that most choose to hold onto their NFT.

The sales volume of the collectibles recently hit an all-time high of $2.5 million on Oct. 24 across 1,991 buyers.

Some of the rarer Reddit NFTs have seen premium prices on secondary NFT marketplaces such as OpenSea with some of the most expensive selling for over $300, while the platform’s own marketplace sees prices of around $50.

Venture Capital Investor Tim Draper Optimistic About Bitcoin Rise Next Year

By
Ojukwu Emmanuel
-
0

American Venture capitalist investor and founder of Draper associates, Timothy Cook Draper has disclosed that he is optimistic about the rise of Bitcoin in 2023.

Despite the recent bloodbath witnessed in the crypto market, Draper still maintains his prediction that there will soon be a surge in the price of Bitcoin.

He had earlier predicted that Bitcoin would rise to $250,000 by the end of 2022, however, with the recent massive decline in price of cryptocurrencies, he has extended his prediction to six months which is mid-next year.

In his words, “No change in the price prediction. Still $250,000 by early next year. I have extended my prediction by six months. $250k is still my number”.

While Draper believes that there will be a massive surge in the price of Bitcoin next year, several other investors such as Mark Mobius have predicted more woes for Bitcoin amidst its plummeting price. Mobius believes that Bitcoin will fall by more than 40%.

Draper believes that the recent collapse of the crypto exchange platform FTX has nothing to do with the success of Bitcoin, noting that Bitcoin is decentralized and FTX is centralized.

“FTX was centralized, reliant on a single founder. When a currency is centralized, it has a single point of failure and can be manipulated”, he said.

He further disclosed that the fall of FTX would only trigger more decentralization in crypto as it has shown the biggest vulnerabilities of centralization.

In a YouTube show six months ago, he disclosed that women could be key in pushing the largest crypto market cap up to $250,000 per coin.

His reason is that if store owners begin a wide acceptance of BTC as a means of payment, more women will begin to have Bitcoin wallets as they will want to shop with it.

With Draper’s prediction of a surge in Bitcoin to $250,000 in six months, crypto investors will only hope for the prediction to be feasible as the crypto industry has been ravaged by the recent collapse of FTX.

It has led to a severe liquidity crisis in the industry as the prices of crypto assets have gone down, leading to an overall bearish sentiment in the crypto market, which has seen investors withdraw their investments in droves.

The crypto market was already in an awful state even before the FTX collapse. Ever since reaching all-time highs in November 2022, it has massively declined with the price of Bitcoin plunging from $69,000 to around $18,000-20,000.

FTX bankruptcy has no doubt sent shockwaves to the industry as major crypto lender BlockFi had earlier filed for bankruptcy, as there are speculations that other crypto exchanges could also file for bankruptcy.

Currently, confidence in the industry is relatively low, as there are concerns by investors that there will be a ripple effect of the FTX collapse on other exchange platforms. 

Zenith Bank Emerges Bank of the Year — The Banker 2022

By
Tiamiyu Ismail
-
0

The zenith Bank Plc has been named the Bank of the year in Nigeria in the The Banker’s Bank of the year Award 2022. The conferment of the award on Zenith Bank was in celebration of the the Bank’s strong management, sound business model and strategy as well as support for small business and efforts to cut energy consumption, The Banker stated during the award ceremony which held in London on December 1.

The Banker’s Bank of the year award is regarded as the industry standard for banking excellence and highly contested by the world’s financial institutions with winners selected across the world including Africa, Asia, Europe and the Americas.

The Banker declared at this year’s bank of the year ceremony that the Nigeria’s Bank of the year award was among the continent’s most hotly contested this year, befitting the country’s status as Africa’s largest economy.

Reacting to the new award bagged by the multiply awarded Tier-1 Bank in Nigeria, Mr Ebenezer Onyeagwu, group managing director and chief executive of Zenith Bank Plc, gave the following remarks:

“winning the Bank of the Year attests to our tenacity as an institution despite a very challenging operating environment exacerbated by persistent macroeconomic headwinds.

“Indeed, being recognised by The Banker – the world’s longest running international banking title, is an acknowledgement of the resilience of the Zenith brand as the leading financial institution in Nigeria and the West African sub-region” he said.

Mr Onyeagwu also lauded the founder and chairman, Jim Ovia, for his guidance and pioneering role in laying the foundation and building the structures for an enduring and successful institution, the Board for their outstanding leadership, the staff for their commitment and dedication as well as the Bank’s customers for their unflinching loyalty to the Zenith brand over the years.

Earlier in the year, the Zenith Bank had won the first bank in Nigeria by the Tier-1 Capital. The Leadership reported, Zenith Bank’s track record of excellent performance has continued to earn it numerous awards, including being recognised as Number One Bank in Nigeria by Tier-1 Capital, for the 13th consecutive year, in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine.

Other achievements of Zenith Bank include; Best Bank in Nigeria, for three consecutive years from 2020 to 2022, in the Global Finance World’s Best Banks Awards; Best Commercial Bank, Nigeria 2021 and 2022 in the World Finance Banking Awards; Best Corporate Governance Bank, Nigeria in the World Finance Corporate Governance Awards 2022.

Big Eyes Coin, Uniswap, and The Sandbox Are The Three Altcoins Gaining Enthusiasts’ Attention The Most

By
TI Partners
-
0

Crypto investors believe Big Eyes Coin (BIG), Uniswap (UNI), and The Sandbox (SAND) could be worthwhile purchases in the long run. The altcoins have gained a lot of attention in the past weeks, with many believing they could yield good profit.

Analysts haven’t written off the possibility of the crypto assets improving investors’ portfolio value, as they look highly likely to experience a pump in price. Carefully considering these altcoins could be your best chance at improving your asset worth and making the next few months in the market profitable.

Uniswap – The Leading Decentralized Trading Platform

Uniswap is a top DeFi platform open to different users – Liquidity providers, developers, and traders. The open-source platform functions as a decentralized exchange (DEX), allowing users to exchange different cryptocurrencies securely at a low cost.

Users can also fund its liquidity pool to earn interest and trading fees reward. For developers, the platform aids dApp building by providing tools needed to develop digital infrastructures.

Uniswap features have attracted many projects, with over 300 dApps deployed on the decentralized network. It is a constantly upgraded crypto project, and users can always be assured of top security and optimum functionality. The project will launch its fourth version (V4) soon, which could bring further exposure, adoption, and improved efficiency.

The platform’s utility token, UNI, which facilitates governance, experienced a value increase during the last upgrade. This could be the case after the next Uniswaps version launches, and potential investors are on high alert to see how things go. You should keep your eyes on the coin’s progress.

The Sandbox – Testing The Limits Of Your Imagination

The Sandbox is a fast-growing virtual space in the GameFi sector. The Ethereum-built platform allows users to control their gaming experience while leveraging its free resources to create games, avatars, and other digital infrastructures. The Sandbox provides users with optimum functionality, allowing them to enjoy the best of the metaverse and its benefits.

Activities on The Sandbox are backed by its native token, SAND. It helps users complete transactions in the metaverse, and the token holders leverage it for governance in the platform’s DAO. It is a top crypto asset with increasing prominence over the years.

The GameFi token enjoyed a progressive rally about a year ago but has suffered a drastic dump due to the bear rally. The rumored imminent boom of GameFi and due market recovery could contribute to SAND’s price increase months from now, making it an excellent crypto purchase option.

Big Eyes Coin – Sustainability and Charity

Big Eyes Coin (BIG) is the utility token on the Ethereum-blockchain-based ecosystem, Big Eyes. The cat-theme meme token facilitates all the transactions and activities on the platform, including token exchange on the Big Eyes Swap, rewards, and digital assets & merchandise trading in the Big Eyes market space.

Big Eyes Coin aims to leverage the power of blockchain technology to build a community that will provide users great fun experience without leaving growth and financial benefits out of it.

The platform combines DeFi and NFT benefits with the hype of meme coins to ensure that it remains highly functional and relevant for years. This will help Big Eyes Coin (BIG) gain potential investors’ confidence, as it stands out from other short-lived meme projects. The crypto asset will facilitate DeFi’s improved profitability by providing users content to learn more about the space, improving its adoption.

Big Eyes Coin (BIG) could be the year’s bargain, as the low-price presale token will likely experience a huge price increase when it launches after its presale. Holding Big Eyes Coin from presale positions you for high-profit yield, but there’s no late entry yet, for the new project. Big Eyes Coin (BIG) is playing an active part in shaping the space future while contributing much quota to DeFi improvement simultaneously.

Big Eyes Coin will offer 5% bonus tokens for those who purchase with the ‘BCUTE896’ code at the checkout!

 

For more information on Big Eyes Coin (BIG), please visit the following links:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

1...4,6394,6404,641...7,969Page 4,640 of 7,969

© Tekedia. All rights reserved.

Term & Privacy

© Tekedia. All rights reserved.

Term & Privacy