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Godfrey Mwirigi

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posts : 549

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IOG Set Out to Build Connections Throughout Mongolia
IOG Set Out to Build Connections Throughout Mongolia

Members of the IOG team traveled to Mongolia to meet the growing community. The goal of the trip was to build connections throughout the Mongolian ecosystem. The country has felt the vast growth of cryptocurrency. During the visit, the Input Output Global (IOG) team met with representatives from a number of local organizations including the University of Mongolia, the Mongolian Blockchain Association, and a number of local startups. The goal of the trip was to build connections throughout the Mongolian ecosystem and learn more about the needs of the community. Surprisingly,  months later Ulaanbaatar (the capital city) has led the

2 mins read
US Food Truck Allows Customers to Pay With Bitcoin (BTC)
US Food Truck Allows Customers to Pay With Bitcoin (BTC)

The Nashville-based falafel truck will now let customers pay with Bitcoin. The state has shown resistance to digital assets in the near past. Cryptocurrency adoption has increased as assets other than Bitcoin have also gained publicity. Following recent updates, the Nashville-based falafel truck is now allowing customers to pay with Bitcoin (BTC) through the strike. The move makes the popular food truck one of the first businesses in the city to accept cryptocurrency payments. The falafel truck, which is operated by Basha’s Mediterranean Street Food, updated its website to reflect the new payment option. Customers can now use either Bitcoin

2 mins read
UK to enter recession in Q4 amid energy crisis: Goldman
UK to enter recession in Q4 amid energy crisis: Goldman

Goldman Sachs predicts a significant decrease in British economic growth. The United Kingdom (UK) experienced a record high inflation in June. The main drivers of inflation in the UK are energy prices. Goldman Sachs economists are forecasting a severe decline in British growth later this year, attributing the problem to inflation which has reduced the amount of disposable income for families. The investment bank has downgraded its growth forecast for the UK economy from 1.4% to 0.6%. With each passing day, the macro-world economy gets worse. Consumers’ purchasing power has decreased, while producers have been tolerating low demand. The combination

2 mins read
Crypto Trading Requires Not Only News
Crypto Trading is Not Only Based on News

In traditional markets, the news is the most important when making a trade. In crypto, the news cycle is much faster than in traditional trades. News requires a special kind of skill to nail it and use it in trades. When you’re new to trading cryptocurrencies, it’s easy to get caught up in the FOMO (fear of missing out). You see a coin on CoinMarketCap that’s pumping and you want to get in on the action. But before you start buying, it’s important to remember that trading crypto is more complicated than just following the news. In traditional markets, the

2 mins read
BAYC Surpasses $2 Billion in All-Time Sales
BAYC Surpasses $2 Billion in All-Time Sales

Bored Ape Yacht Club is one of the most recognized digital collectible brands. The increase in sales can be attributed to the growing popularity of NFTs. There were 669 unique purchasers, with 1,011 total transactions. Bored Ape Yacht Club is one of the most popular names when it comes to digital collectibles. According to Research, Bored Ape Yacht Club had an all-time total sales volume of around $2.04 billion as of writing time. This is a significant increase from its $1 billion total sales in February. The surge in sales can be attributed to the increasing popularity of NFTs, which

2 mins read
Venezuela Devalues Currency by 35% - Bitcoin is the Only Solution?
Venezuela Devalues Currency by 35% – Bitcoin is the Only Solution?

Currency has lost a third of its value against the USD this month. The Venezuelan government has been struggling to combat inflation. The move comes when Venezuela is facing a political crisis. On Monday, the Venezuelan currency was virtually 35 percent devalued to bring it in line with the black market dollar-to-bolivar exchange rate. The official exchange rate fell to 7.10 bolivars per U.S. dollar, 1.60 bolivars less than the parallel value. Asdrubal Oliveros, head of market research firm Ecoanalitica, explained there are two factors affecting the exchange rate: The first one has to do with the rise of public

2 mins read
The Cardano Hard Fork Inches Even Closer
The Cardano Hard Fork Inches Even Closer

IOHK has released the status of indications that will launch the mainnet update. The Vasil hard fork is one of the biggest blockchain developments of 2022. The EUTXO model can be used more effectively thanks to improved smart contract optimization. On August 25, the blockchain business that runs the Cardano network, Input Output Hong Kong (IOHK), revealed to its over 260,000 followers on the rollout status of the three crucial indications that will launch the mainnet update, claiming that the much-anticipated Vasil hard fork is “ever closer.” The update involves having the top 10 mainnet Dapps update, roughly 25 exchanges

2 mins read
Binance With Busan City Mayor to Sign MOU, Pushing Crypto Adoption
Binance With Busan City Mayor to Sign MOU, Pushing Crypto Adoption

Binance to Help Busan Develop Its Blockchain Industry. CZ mentions that he is pleased to be partnering with Busan. Binance will provide technical and infrastructure support to the City of Busan. The largest cryptocurrency exchange by trading volume, Binance, the world’s leading blockchain ecosystem, announced today the signing of a Memorandum of Understanding (MoU) with the South Korean city of Busan. Following the agreement, Binance will provide technical and infrastructure support to the City of Busan in order to foster the growth of the city’s blockchain ecosystem and the Busan Digital Asset Exchange. According to CZ (Changpeng Zhao), the CEO

1 min read
Wrapped-Staked-ETH-Token-is-Now-Available-on-Coinbase
Wrapped Staked ETH Token is Now Available on Coinbase

There are less than 2 weeks until Ethereums ‘The merge’. Coinbase Announces Staking Token for Wrapped Ether. cbETH white paper underlines the necessity for strong, competitive liquid staking options. Popular crypto exchange Coinbase disclosed on Wednesday the release of cbETH, its new wrapped and staked Ethereum ERC-20 token, as the cryptocurrency community gets ready for the Ethereum`s merge later this month. About two weeks prior to the much-anticipated Ethereum update known as The Merge, Coinbase Global (Nasdaq: COIN) announced the release of a new ERC20 token called Coinbase wrapped Ethereum (CBETH) on August 24. By using the same strategy as

2 mins read
Philippine-Colleges-to-offer-Bitcoin-and-crypto-courses
Philippine Colleges to offer Bitcoin and crypto courses

A Senate meeting in the Philippines future Binance`s officials. Binance is already working to offer free courses to the Filipino people. A regulatory structure wIll be required to promote innovation. According to a report from the local news outlet Inquirer, Binance, the largest cryptocurrency exchange in the world, recently attended a Senate meeting in the Philippines where authorities and business executives reviewed policies and rules for the nation surrounding digital assets. The Securities and Exchange Commission (SEC), Bangko Sentral Pilipinas (BSP), and the Cagayan Economic Zone Authority (CEZA) attended the Senate hearing. Along with the Senate Banking Committee, prominent cryptocurrency

2 mins read
The-USA-Leads-Crypto-Adoption-Race-With-46m-Users
The USA Leads Crypto Adoption Race With 46m Users

Cryptocurrency has the potential to be an important part of the future. The USA is leading in the adoption race. Rising acceptance rates in Africa also is being advised. In spite of the fact that cryptocurrency has the calling to be a vital part of the future, many organizations, states and individuals remain hesitant to accept this new type of currency. However, as crypto usage continues to surge, finance cryptocurrency has helped countries catch up with the leading crypto adopters such as the USA and India. Crypto is a competitive marketplace for everybody, and access is not restricted to a

2 mins read
15% of Adult Indians Hold Cryptocurrency or Bitcoin
15% of Adult Indians Hold Cryptocurrency or Bitcoin

An estimated 115 million people in India are bitcoin investors. By 2030, it is projected that India’s crypto market would have a $241 million market valuation. Crypto users are perplexed by the government’s strict regulations. The results of a survey report titled “Into the Cryptoverse, India”  were released by the cryptocurrency exchange KuCoin. The analysis examines the growth of the cryptocurrency and blockchain sectors in India. Data from KuCoin, a worldwide cryptocurrency exchange, claims that despite the government’s anti-crypto stance, India has an estimated 115 million (which adds up to 15% of the country’s adults), cryptocurrency investors, with a “sentiment

2 mins read