Core Ignition Drop Claiming Guide

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 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
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Is Nigeria Now Ready To Adopt Digital Currencies?

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Nigeria now ready to adopt digital currencies

  • Nigeria's Securities and Exchange Commission (SEC) has set up a committee to work on the framework for blockchain and virtual financial assets for the Nigerian capital market.
  • Digital services and financial technology have been identified as key elements of the march towards financial inclusion and Nigerian authorities seem to be leaning towards leveraging its burgeoning fintech space for the achievement of that purpose.
  • Nigeria is finally warming up to the idea of embracing the advantages of blockchain and virtual financial assets. and it may soon be joining some other African countries that have drawn up regulations for the new wave of digital assets like South Africa, Swaziland, and Egypt.
You will recall that the Central Bank of Nigeria (CBN) has warned Nigerians citizens that Bitcoin and altcoin in general, are not legal tenders with naira as the sole legal tender, but the rate in which Bitcoin users keeps growing rapidly especially from 2018 in the country is alarming due to warning ignored by the citizens.

Recently, according to the Binance Research a few months ago, Nigeria was placed highest on Google Search Heat Ranking for Bitcoin as of 19 September 2019. making Malta-based Binance recently announced the launch of a fiat-to-crypto gateway for Nigeria's Naira.
A report by startup news site Wee Tracker revealed that Nigeria's Securities and Exchange Commission (SEC) has set up a committee that will work on a regulatory framework for blockchain technology and cryptocurrencies. known as the FinTech Roadmap Working Group, the committee is expected to look into such issues as investor protection, how to ensure financial stability in the new economy and maintaining financial market integrity.

The FinTech Roadmap Working Group will be headed by seasoned financial expert, Ade Bajomo, who would also shoulder the responsibility of making sure the resolutions brought forward by the committee are in line with global best practices.

Digital services and financial technology have been identified as key elements of the march towards financial inclusion and Nigerian authorities seem to be leaning towards leveraging its burgeoning fintech space for the achievement of that purpose. Reported.

This came up a few weeks after President Muhammadu Buhari called for the full implementation of a well-coordinated digital economy policy, during the e-Nigeria conference, exhibition, and awards for 12 edition of 2019.

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