Business

Cayman Islands-based cryptocurrency exchange Binance received a red card from several regulators worldwide. What's next for crypto users and the crypto community in general?

In this era of technological revolution, several employers, companies and organizations are trying to adopt machine learning, decentralized technologies such as blockchain and distributed artificial intelligence (DAI) to improve work efficiency and reduce operational costs as the adoption of these tools leads to a reduction in the workforce.

On April 21, the Singaporean Blockchain Association signed a memorandum of understanding with five other countries across the Southeast Asian and Pacific regions. The aim was to create a consortium and promote education on blockchain and decrease cautiousness about cryptocurrency.

On April 2, Senegalese-American rapper, philanthropist and crypto enthusiast, Akon visited Uganda and met with the President and various entities to discuss possible business opportunities in various sectors. Is this a dream come true for the “One Africa, One Koin” that Akon is preaching?

As cryptocurrency prices skyrocket, the profits for miners grow proportionally. For this reason, companies from various fields are considering entering this nascent industry.

2021 started bullishly for major cryptocurrencies that soared in price. Along with the value increase, the industry has also seen significant growth in business entities and investments.