AdoptionAfricaCointelegraph.comNigeriaSouth Africa

Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa

Blockchain Africa highlights the remaining hurdles that stand in the way of widespread adoption of crypto and blockchain on the continent.
The first-ever virtual version of Blockchain Africa delivered an optimistic outlook for the cryptocurrency and blockchain space in the continent as the world settles into a new normal dictated by COVID-19.The conference featured a number of well-known industry commentators, participants and thought leaders from around the world who addressed a completely virtual audience. The event attracted around 4,000 attendees online, according to organizer Sonya Kuhnel, despite going virtual in light of the ongoing COVID-19 pandemic.A major highlight of the conference was an insightful keynote address from Cardano founder Charles Hoskinson on Africa’s burgeoning position as a hotbed for cryptocurrency and blockchain adoption and development. Hoskinson outlined his belief that the continent would drive innovation in the space and highlighted Cardano’s ongoing investment and work in various African countries.Well-known podcast host Peter McCormack moderated a thought-provoking fireside chat focused on the arrival of institutional investments in the cryptocurrency space. This featured Dan Held from Kraken, Bybit co-founder and CEO Ben Zhou, MineBest senior vice president Peter Tylczynski and Crypto.com U.K. general manager Teana Baker-Taylor, who all weighed in on the changing cryptocurrency landscape from a global perspective. Stani Kulechov, founder of popular decentralized finance platform Aave, gave an overview of the growing DeFi protocol’s role in the greater ecosystem.Some prominent individuals from the African cryptocurrency and blockchain space tackled the industry’s …
Story continues on Cointelegraph

Related posts
BinanceBithumbCointelegraph.comCryptocurrenciesCryptocurrency ExchangeInternetjpmorganmorgan stanleySouth KoreaVisa

South Korean internet giant Naver reportedly joins Bithumb stake race

Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange. Major South Korean internet company Naver has reportedly begun negotiations to acquire a stake in the country’s…
BitcoinBTC priceCointelegraph.comExchangeswhales

Bitcoin uptrend not over: Big whales aren't selling BTC, data shows

Big whales aren’t selling, but accumulating Bitcoin, as the price of BTC consolidates under $60,000. The price of Bitcoin (BTC) is consolidating between the $55,000 to $59,000 range, establishing the mid-$50,000 region as a support area. This trend coincides with…
BlockchainCAT bondCointelegraph.com

Danish Red Cross sponsors $3M blockchain-based volcano catastrophe bond

The Danish Red Cross along with several humanitarian partners have collaborated to float a catastrophe bond to cover volcanic eruption disasters. Crypto and blockchain adoption for humanitarian causes is set for another expansion as the Danish Red Cross has sponsored…