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According to the earlier announcement, Cardano is eyeing an expansion into Africa. The plan is set for 2022 . Cardano has reached the end of 2021 with a slew of impressive accomplishments . In the excitement for the coming year, the firm expects to level up its game with promising developments and innovations. In 2022, Cardano’s major focus and strategic plans are settled down in Africa. The revelation came from a Youtube video posted by Charles Hoskinson, Cardano’s founder on Christmas Eve. Hoskinson mentioned the future prospects of Cardano, saying that DeFi has the ability to change to bring light to the financial situation in the continent and Cardano is on a mission to make it work. What Is Happening With Cardano? The founder of Cardano said that the firm aims to set up DeFi services in the region, including loans, and plans to continue expanding Cardano’s reach in the continent. Hoskinson hopes to discover a way to pull all of the elements together by Q2 2022 in order to c...

Think Dogecoin is a joke? Think again because Elon Musk is seriously embracing the cryptocurrency that started off as a meme. Elon’s interest in Dogecoin is not a big secret . Tesla’s CEO even strongly shows support for that cryptocurrency at most of his public speeches. In the latest podcast hosted by Lex Fridman, Elon pointed out that Dogecoin has been so far the best cryptocurrency when put on a fundamental scale. Elon Loves the Doge! Elon also highlighted certain disadvantages of Bitcoin – the largest cryptocurrency in the world. Basically, “Bitcoin is comically slow in 2021,” the centibillionaire reminded. Dogecoin, on the other hand, is highly beneficial due to low transaction charge, which results in an increase of transaction volume. While Elon may be out of his mind with the over-support, it’s undeniable that his statements have a significant impact on the cryptocurrency market and Bitcoin price this year. As stated, Elon is holding Bitcoin, Ethereum and Dogecoin. How...

With the continued growth of the cryptocurrency ecosystem, millions of people around the world have started investing in the crypto market to take advantage of the unique opportunities it provides to generate income in different ways. CryptoTaxCalculator was created to help crypto investors in the United States, Canada, New Zealand, United Kingdom, and Australia, identify which taxes they are subject to when it comes to crypto investments easily and automatically. You can ensure that you don’t incur the IRS’s, or your local tax agency’s wrath in the future. As crypto investment grew, so did the oversight of governments around the world who started not only regulating access to cryptocurrency buying services but also decided to tax crypto holders as they would with other types of property. One of such countries was the United States, with the internal Revenue Service (IRS) classifying cryptocurrencies as property, making those investors who sold, traded, or used crypto as a paymen...

Turkey’s Financial Crimes Investigation Board (MASAK) just filed a lawsuit against Binance Turkey after the major exchange failed to pass the investigation of the Law on Prevention of Laundering Proceeds, or the AML Law. According to Ankara-headquartered news Anadolu Agency, MASAK conducted an audit of Law No. 5549 to examine financial documents and KYC reports as well as evidence regarding users’ personal data. To pass the AML Law’s examination, companies are required to submit an immediate announcement to the authorities if there are any suspicious activities within 10 days. A Massive Give in The Old East Operational under the Ministry of Finance and Treasury, MASAK, together with the Financial Action Task Force (FATF) is on the mission to detect money laundering activities and protect people against terrorist financing. “FATF has asked for measures to be taken against crypto trading platforms,” former Treasury and Cost Minister Lutfi Elvan stated. MASAK has collected data an...

Although the paths of the co-founders of Candao, Pawel Barylski, and Robert Wesker crossed by chance, the project has come with interesting innovations to the blockchain and crypto space. Candao was founded in early 2021 but has made great progress since its launch. The project is designed with several innovative features that include Matchify Algorithms, Meta-scan, CandyPad, CandyChain, CanID, and so on. The Candao Launchpad (CandyPad) seeks to disrupt the traditional method of startup founders and entrepreneurs raising capital for their business. According to CB Insights , the top reason many businesses and startups fail is due to the lack of cash or the inability to raise new capital. Many blockchain-powered projects are seeking to leverage the power of social media to help entrepreneurs and business founders raise money for their projects. Candao’s Launchpad appears to be leading the charge in this regard. Overview of the CandyPad Candao’s CandyPad offers a progressive, allocat...

In order to make blockchain technology a more viable and sustainable model for businesses, projects are sprouting up at an alarming rate. The decentralized finance (DeFi) market value was roughly $16 billion at the end of 2020. However, within the fourth quarter of 2021, the market size has expanded to a total value of $276.85 billion in total value locked (TVL). What is Hashbon Rocket? Hashbon Rocket , a new decentralized exchange for Ethereum and BSC blockchain tokens, has just launched. This means that any token issued on either of these two blockchains can be swapped with other ERC-20 or BSC tokens without having to leave the ecosystem. The company says this will open doors for trading between Ethereum based Dapps and BSC-based DApps which have so far been unable to do so due to an inability to connect their respective infrastructure through current exchanges. “The Hashbon Rocket exchange is the perfect way to quickly and easily swap tokens issued on different blockchains,” s...

Today, with the boom of cryptocurrencies in the finance industry, more and more people want to invest their funds online as well want to learn how to start trading with other traders. One of the innovative fintech companies launched is NAGA which is developing a socially enhanced trading platform aiming which allows you to trade Crypto, Stocks, Commodities, Forex & ETFs. The evolving crypto sector has been constantly developing and introducing new projects that bring traders alternative investment opportunities. RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. What Is NAGA? NAGA is a Hamburg-based social investing platform offering access to professional trading tools for everyone around the world. Its co...

Artists, singers, or public figures must have caught the NFT wave as quickly as the crypto market volatility has come and gone. Previously, the NFT marketplace announced a plan to launch its first NFT marketplace in the United States. The new marketplace will be the launch pad for Niftify’s customer expansion. According to the company, NFT collectibles will come with 10,000 NFTs inspired by popular names in rap and hip hop industries, as well as movie stars. An initial release of NFT series is set to feature rap legend and actor Ice-T. A Marketplace For Rap, Hip Hop and More In October, Niftify platform officially released its beta version. At that point, the platform focused only on international customers, with the initial drops inspired by Ice-T. The launch also witnessed Polygon protocol joining forces to support the project in building Ethereum-compatible blockchains. The reasons that make Polygon the blockchain of choice is its ability to deliver the Layer 2 scaling solut...

Today’s internet (Web2) has transitioned chiefly into a commercial endeavor, going way off-track from its original goal. Giant corporations like Google, Apple, Amazon, Facebook, and many others dominate large internet segments, monetizing all online user activity (and data). For instance, Statista reports that in 2021, Google Play, the home of Android apps, generated approximately $48 billion in revenue – exhibiting growth of about 23% compared to 2020. Likewise, by the end of September 2021, the Apple Store posted revenue of $83.4 billion , up 29% compared to 2020. These numbers indicate that apps are at the center of today’s digital economy – something that will continue as the global population transitions to Web 3.0 and embraces the new era of decentralized applications (dApps). The challenge, however, is the hurdle of transitioning from Web 2.0 to Web 3.0. Web2 apps gained mainstream adoption due to centralized platforms like Apple Store and Google Play. The most considerable...

Developers, researchers and other blockchain users can now use Nym Sandbox. It is a permanent testnet that will enable people to try out Nym´s mixnet freely, in a live environment, before working on the mainnet. Nym Sandbox´s launch , which has just gone live will enable the Nym development team to release the smart contract platform in which the NYM tokenomics run. Nym is Growing Nym Technologies, a privacy startup company based in Neuchâtel Switzerland who has recently raised $13 Million from Andreesen Horowitz, launched this Permanent Testnet Sandbox ahead of its highly anticipated mainnet debut. From now on, onboarding, testing and experimenting before deploying on the mainnet, will be possible and secure. So every new feature in the Nym network can first be tested and implemented in Sandbox testnet, before jumping in the Nym main network. Nym´s development teams have been working on connecting the upcoming of the Nym mainnet, with various other components for months now. It ...

Currently, layer-one blockchains such as Ethereum are fighting a battle for speed and the capacity to scale transactions to meet a growing need as more people are using them. Blockchain networks have the ultimate advantage for trust and accountability but it seems that major networks of today (Solana, Avalanche, NEAR, to name a few) are only focused on DeFi and NFTs. One thing is clear: there is a growing demand for faster and cheaper blockchain networks, especially in those which meet a clear use-case. So we should expect more and more nuanced blockchains to take over the layer-one space. Going beyond DeFi and NFTs: How Taraxa is disrupting the layer-one space To scale properly and foster innovation, the global economy needs to have a solid operational basis to rely on. Operations transactional data is constantly generated to power those business decisions and interactions in collaboration software, Slack messages, and SMS-threads, yet 80% of this data remains uncaptured and unve...

Phemex , the renowned crypto exchange and crypto futures trading platform announced back in November 26, 2021 the addition of three popular new assets for spot trading . Now Phemex clients can trade SHIB , DYDX and FTM on the spot markets. There are loads of great trading opportunities out there, and Phemex is committed to delivering the best assets to its clients. Unlike many other platforms, Phemex offers lightning fast trades, and very competitive rates. Here is more information about the tokens that Phemex just added! Shiba Inu (SHIB) An ERC20 token that directly competes with Dogecoin as two of the world’s most popular meme coins . SHIB has created massive gains for traders, and now Phemex clients can trade SHIB on the spot market . Meme coins are still hot, and there are loads of reasons to look at these tokens as a way to make a profit in crypto . In December 2021, Phemex hosted a new Grab a Coin event to reward SHIB traders and to celebrate the new listing of SHIB on ...

Anyone who has been paying attention to the world of non-fungible tokens (NFTs) would know that this industry has skyrocketed in 2021, with traders, artists and content creators from all over the world becoming increasingly involved. In fact, just in this year alone, the total sales value over 30 days was around a massive $147 million as of December 15th. Needless to say, this industry is not going anywhere although this does beg the question of how NFTs continue to be perceived, with new and innovative technologies such as that of AI being utilised to change the perception of these non-fungible tokens as well as what they can do. How can AI be used to change NFTs for the better? Although NFTs continue to be immensely popular, one of the main concerns is that a lot of artists tend to simply copy what they see elsewhere. For instance, there have been countless imitations of well-known NFT collections like CryptoPunks and the BAYC (Bored Ape Yacht Club), and this has since resulted ...

EverdreamSof t is becoming an absolute leader in the field of blockchain gaming. It creates cutting edge gaming technology to meet players needs, and gives the power back to the community. Founded in 2010 by Shaban Shaame as a game studio, now EverdreamSoft can look to the success of their digital collectibles in the game Spells of Genesis as a sign of things to come. The revolutionary concept of true ownership of the digital assets that the player uses, and the capability of trading inside the game, or out in many blockchains as well, is breaking new ground. With EverdreamSoft, user generated content is key. EverdreamSoft Crystal Suite allows the user to explore, create, share and manage ¨Orbs¨, allowing players to increase their benefiting opportunities. These tools empower players in a way that centralized gaming never did! A unique Green Homer Pepe was sold for an astonishing U$39,000.- Designing and selling your own avatars is another way to create resources. EverdreamSoft ...