African women graduate from blockchain Bootcamp as Iran embraces digital rial

adbank
3 min readSep 21, 2022

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This blog highlights the latest news in the crypto space

International Literacy Day is marked every September. This year’s theme is ‘Transforming Literacy Learning Spaces.’ Binance, the leading blockchain ecosystem and infrastructure provider, marked the day by celebrating the graduation of the first cohort of the Blockchain for Women Bootcamp. 300 participants completed the 8-week Bootcamp. Blockchain is gaining more adoption including in the social media space.

With over 300 million crypto users worldwide, and only 21% women-owned, the initiative by Binance among other organizations will surely bridge the gap. The move to bridge the gap is commendable. Adbank, on the other hand, shares information, to empower our community and crypto enthusiasts about blockchain and digital assets. Visit our social media platforms to learn more.

The long arm of the law is slowly but surely catching up with crypto scam perpetrators. The US sentences the promoter of Bitconnect Crypto Ponzi scheme to 38 months in prison. Take time to research before engaging in crypto projects. As the old saying goes, when a deal is too good, think twice. There are no shortcuts to growing your wealth. Even Rome was not built in a day. You can begin your crypto journey by performing simple tasks on the #Blade app to earn ADB.

As Central Bank Digital Currencies (CBDCs) gain adoption, Iran’s Central bank is planning to launch a pilot digital rial. The crypto rial is to be pegged at 1:1 to the national currency known as Rial. CBDCs undermine privacy and decentralization, features cryptocurrencies were invented to advance.

As you are already aware, we are now on Ethereum Layer 2, when we adopted a sidechain solution to reduce the cost of gas. Whereas Layer 2 solutions have focused on hyper scaling, Ethereum co-founder, Vitalik, believes that layer 3 solutions will provide customized functionality. Read more here. Ethereum merge was a success with many environmentalists lauding the process for an expected reduction in power usage.

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Stay tuned for upcoming developments. Coming soon…

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