Blockchain
CoinEx Announced as Gold Sponsor of Web3 Lagos Conference, Advancing Blockchain Innovation in Nigeria
CoinEx, a leading cryptocurrency exchange known for simple and secure trading services, has proudly announced its Gold Sponsorship of the highly anticipated Web3 Lagos Conference in Nigeria. Organized by Web3bridge, the 3rd annual Web3 Lagos Conference is the premier Web3 event in Lagos taking place from August 31 to September 2, 2023. CoinEx’s strategic sponsorship demonstrates its commitment to accelerating Nigeria’s Web3 ecosystem.
Web3 Lagos Conference is one of the largest Web3 events that brings together blockchain enthusiasts, industry experts, and thought leaders across Nigeria and beyond. The 3-day conference provides diverse activities including hackathons, workshops, networking opportunities, job expos, and panel discussions. The first two days focus on intensive workshops covering cutting-edge Web3 insights for diverse backgrounds. The final day features speeches from global Web3 leaders on significant blockchain topics. Notably, their collaboration with the Ethernet Foundation has consistently attracted luminary speakers, including the co-founder of Ethereum, Vitalik Buterin. The conference is notable for bridging connections among developers, investors, entrepreneurs, and enthusiasts. It fosters networking and collaboration across a diverse range of participants to advance the Web3 ecosystem.
In recent years, Nigeria has ranked as one of the top countries in crypto adoption globally, making it a key target among global crypto investors. Consequently, the Nigerian market has emerged as a dynamic force in the adoption of Web3 technologies, showcasing its potential for decentralized innovation. With a tech-savvy population and growing entrepreneurship, Nigeria is poised to become a hub for Web3 applications and solutions. The Web3 Lagos Conference serves as a catalyst, bringing together experts and enthusiasts to accelerate Nigeria’s Web3 adoption.
As the Gold Sponsor of the Web3 Lagos Conference, CoinEx demonstrates its commitment to nurturing Nigeria’s blockchain community and advancing local adoption of blockchain innovation. With a user base exceeding 5 million across 200+ countries, CoinEx has established itself as a platform offering 700+ diverse, high-quality cryptocurrencies. This sponsorship aligns with CoinEx’s goal of fueling regional blockchain growth and contributing to the advancement of blockchain technology.
CoinEx will host an interactive booth enabling attendees to engage firsthand with the platform. Additionally, CoinEx will deliver a presentation on the pivotal topic of “Necessity of Simplicity in Blockchain Adoption.” Through these initiatives, CoinEx reaffirms its commitment to advancing blockchain growth in Nigeria and contributing to blockchain technology.
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MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase
MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.
MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.
MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.
Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.
Source: crypto.news
The post MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase appeared first on HIPTHER Alerts.
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