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Flare (FLR) airdrops 15% of total supply to XRP holders before correcting by 76%

After a 2-year wait, the layer-1 Flare blockchain has finally followed through and sent its tokens to those who held XRP at the time of the snapshot.

Continue ReadingFlare (FLR) airdrops 15% of total supply to XRP holders before correcting by 76%

Mastercard Taps Polygon to Empower Emerging Artists in Web3 Tech

Mastercard, the payments giant, has partnered with Polygon, an Ethereum scaling platform, to introduce emerging artists into Web3 technology. Mastercard’s artist accelerator, as the program is called, will teach five…

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Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase

During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around…

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Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study

As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show…

Continue ReadingFintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study

Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%

The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came…

Continue ReadingReport: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%