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How Blockchain and Crypto Can Lessen Financial Exclusion in Developing Countries

/* custom css */ .tdi_4_8ce.td-a-rec-img{ text-align: left; }.tdi_4_8ce.td-a-rec-img img{ margin: 0 auto 0 0; } While the COVID-19 crisis has reversed the recent global poverty reduction, according to the UN and other experts, it has also sped up financial inclusion via mobile financial services apps provided by crypto, blockchain and FinTech startups. Many people worldwide take for granted the services billions of others struggle to access. In their book “Financial Exclusion and the Poverty Trap,” authors Pamela Lenton and Paul Mosley assert that one of the main causes of poverty is financial exclusion, which they define as the inability to access finance from mainstream banks. /* custom css */ .tdi_3_d8d.td-a-rec-img{ text-align: left; }.tdi_3_d8d.td-a-rec-img img{ margin: 0 auto 0 0; } ...

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Dillon Francis’ Gerald-Themed NFT Collection to Be Auctioned at Decentral Games’ Atari Casino Grand Opening

Dillon Francis is gearing up for a new NFT drop starring his famed and festive sidekick, Gerald the Piñata. It’s a particularly unique crossover that’s part dance music, part gaming, and part cryptocurrency and it’s all coming to a head at the new Atari-themed virtual casino.  Part of the Decentral Games network operating on the Ethereum blockchain, the Atari Casino is going live on April 28th with a grand opening ceremony. To commemorate the occasion, attendees will have the exclusive opportunity to bid on Francis’ Gerald NFTs, which were designed by virtual artist Merda. Giveaways will be aplenty. Attendees will have the chance to score $10,000 in prizes, including limited edition NFT wearables designed by Francis. The event will also feature a live...

South African Luno Users to Earn Interest on Bitcoin and Ethereum

South African-founded Luno will let customers earn interest on Bitcoin, Ethereum, and USDC – allowing users to earn passive income on their cryptocurrencies. These cryptos are now available in the platforms savings wallet. Users can expect up to 4% interest per annum on Ethereum and 7.6% per annum on USDC. The interest will be earned and paid in cryptocurrency. “Luno research last year showed that over a third of those surveyed (35%) were not earning any interest on their traditional cash savings at all, so growing savings options and making saving simple and accessible is a priority for us,” says Luno Africa GM, Marius Reitz. /* custom css */ .tdi_3_5e5.td-a-rec-img{ text-align: left; }.tdi_3_5e5.td-a-rec-img img{ margin: 0 auto 0 0; } “The same research from last year found 54% are not e...

PLS&TY Teams Up with Ethereum Blockchain Platform to Sell Limited Edition “Very Special” Vinyl

PLS&TY is on a mission to connect music and technology by joining forces with the Ethereum blockchain platform Foundation to sell limited editions of his Very Special EP on vinyl. The EP made waves when it was released back in April, featuring tracks with Sean Kingston, Alex Aiono, and Wifisfuneral, among others. He’s now using this momentum to shine a light on Foundation’s mission to serve as a stock exchange for art and culture, with hopes of inspiring other artists to do the same. The platform allows the market’s natural supply and demand to dictate the price of the goods sold on the platform. Through this dynamic pricing model, artists will benefit directly from the hype that surrounds their work. “For a lot of people, crypto might feel inaccessible or ...