African Crypto Passions. Part 1

    The crypto economy as of late has been developing most rapidly in Africa, Latin America and the post-Soviet states. We decided to take a closer look at the process. Africa is still the poorest region of the planet, but its economy is booming. What’s more, this growth comes “from the ground up”, that is, the…

    Fundamental step towards mass crypto adoption

    …was unexpectedly taken by Mastercard, which announced the integration of cryptocurrency payments. Mastercard partners, including merchants and banks, will be authorized to add support for digital assets to their products. The company customers will be able to buy, sell and store cryptocurrencies. The news, though long-awaited, still came as a surprise. Mastercard is getting ready…

    ‘Future of Money’ economist says the end of cash is coming — here’s what could replace it

    Depending on who you ask, cash will not remain king. The Covid-19 pandemic not only accelerated the shift toward digital and contactless payments but also led to a more mainstream acceptance of physical cash alternatives like cryptocurrency that will likely stay, economist Eswar Prasad tells CNBC Make It. “For many consumers and businesses that made…

    What is Web3? And why are all the crypto people talking about it?

    What is Web3 and what is its connection with the crypto world, Aaron Mak describes on Slate. If you’ve been perusing cryptocurrency forums or video-game news recently—or spying everything from New York Times job listings to zany Twitter threads claiming that the traditional job interview is about to be replaced by blockchain-based “quests, adventures and…

    NYU finance professor: Three things every new crypto investor should know

    David Yermack, a finance professor at New York University, taught cryptocurrency at NYU and was a visiting scholar at the Federal Reserve Banks of New York and Philadelphia. Now, he wants to share the three things every new crypto investor should know, MarketWatch reads. Here are his thoughts regarding crypto trading: At first, prepare yourself…

    Institutional interest in crypto is just getting started

    A growing list of mainstream financial entities has continued to increase their exposure to crypto over the last year or so, writes Shiraz Jagati on Cointelegraph. The old adage “The crypto market is not for the faint-hearted” was put on full display recently when the total market capitalization of the industry dipped to a relative…