Cross-chain DEX to be deployed on two layer-two solutions on Polkadot

A project says it is going to be the first cross-chain DEX to be deployed on two layer-two solutions on Polkadot — lowering costs and increasing transactions throughput. A new cross-chain automated protocol based on Ethereum and Polkadot says it is using two parachains in its quest to deliver interoperability and layer-two scaling. KwikSwap enables users to swap tokens, create new […]

What are NFTs and why are some worth millions?

A digital-only artwork has sold at Christie’s auction house for an eye-watering $69m (£50m) – but the winning bidder will not receive a sculpture, painting or even a print. Instead, they get a unique digital token known as an NFT. Where Bitcoin was hailed as the digital answer to currency, NFTs are now being touted as the digital answer to […]

A guide to buying and selling crypto on Blockvila P2P exchanges:

How does Blockvila P2P work  Blockvila P2P(peer to peer) is a kind of exchange where users convert their local currency to cryptocurrencies and crypto to local currency with other traders. For example a new trader who wants to get into crypto will need to first use his local currency to buy cryptocurrencies while an existing trader with cryptocurrencies may need […]

A Guide to Using Blockvila Wallet

Blockvila is one of the top cryptocurrency exchanges in Nigeria and also offers a crypto wallet where you can store cryptocurrencies. This guide will show how to use the Blockvila web wallet and how to use it. Sign up to www.blockvila.com You will be redirected to a registration page. all you need is to input your desired email and click […]

Tesla now accepts bitcoin from Us customers

Tesla is now offering Bitcoin as a payment option for its US customers. However, the Elon Musk-led company will retain the paid BTC and not convert it. Early February 2021, Elon Musk revealed in a filing with the U.S. Securities and Exchange Commission (SEC) that electric carmaker—Tesla—purchased $1.5 billion worth of Bitcoin and promised to accept BTC as a form […]

Debunking the false narrative that cryptocurrencies are mainly used for illicit activity

On January 19, Treasure Secretary Nominee, Janet Yellen, responding to a question during her Senate confirmation hearing stated that cryptocurrencies are “a particular concern.” According to Yellen who has now backtracked on her earlier statement, digital assets are primarily used for illicit financing. Her comments about cryptocurrencies do not come as a surprise. Yellen is not the first person to voice out her misconception […]

DeFi asset tokenization, the new heights to crypto

In previous years, we have seen numerous attempts to bring real-world assets to the crypto market. However, none of them has proven to be massively adopted among retail crypto users and traditional financial players. So, why hasn’t real-world asset tokenization become a massive trend? You’ve probably heard how almost anything can be tokenized — securities, art, real estate, to name a few. And […]

Vila Token The Next Big Thing.

Vila Token Your Ticket To Accumulation Of Good Income. Blockvila is a reliable and front runner Cryptocurrency Trading and Exchange Company situated in Africa. They are the world’s first cashback and profit-sharing P2P crypto exchange with specialties in buying, selling, trading, and exchange of digital currency as well as providing cryptocurrency wallet services and education concerning blockchain. They have vast […]

Bitcoin/Cryptocurrency’s 2020 TurnAround

At the beginning of 2020, the prospects for Bitcoin (BTC), and by extension cryptocurrency markets, did not look too bright. Both were fitfully attempting to shake off a prolonged price slump and a rise in crypto crime. Market liquidity remained low, and institutional investors were still shying away from cryptocurrencies. Then the pandemic happened. Multiple rounds of unchecked stimulus spending by central banks shook Bitcoin from its price stupor and […]

COUNTRIES COME TOGETHER IN HOPE OF CREATING CRYPTOCURRENCY BACKED BY CENTRAL BANKS

The Bank of England has created an international group to explore the possibility of developing a cryptocurrency backed by central banks. The central banks of Japan, Sweden, Switzerland and the eurozone joined the initiative, together with the Bank of International Settlement (BIS).The group will look at the economic and technical benefits that a bitcoin-style digital currency could offer. After Facebook announced plans to introduce […]