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@Summer's Crypto Club

Crypto News Daily | 15th Sep | #Okcoin #Hodlnaut #Chainalysis #Google #DapperLabs #BTC #Crypto

1. US bsesd Okcoin partners with Singapore companies Hodlnaut. 

2. Africa’s crypto market has grown by more than 1,200% since 2020. 

3. Google partners with NFT leader Dapper Labs to support Flow blockchain. 

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US bsesd Okcoin partners with Singapore companies Hodlnaut

Singapore-based crypto lending platform Hodlnaut will partner with United States crypto exchange Okcoin in an effort to drive adoption and crypto transactions among users.

In a Wednesday announcement, Hodlnaut said the partnership would allow its users and those on Okcoin to purchase cryptocurrencies and earn rewards on their holdings. 

The lending platform said Singapore-based users already use Okcoin as a fiat on-ramp solution to go from the Singapore dollar to Bitcoin (BTC) and Ether (ETH).

Africa’s crypto market has grown by more than 1,200% since 2020

Digital analytics firm Chainalysis reported that the cryptocurrency market in Africa has grown significantly since last year in addition to the region having a larger share of overall retail transaction volume compared to the global average.

In a report released on Tuesday, Chainalysis said Africa’s crypto market increased in value by more than 1,200% between July 2020 and June 2021, with high adoption in Kenya, South Africa, Nigeria and Tanzania.

The company added that the popularity of P2P platforms could have been one of the driving factors toward greater crypto adoption in the region, given some countries have restricted or banned residents from sending money to exchanges through local banks.

Google partners with NFT leader Dapper Labs to support Flow blockchain

Search engine giant Google is joining forces with Canadian blockchain studio Dapper Labs to help support the development of new Web 3 products and services, including the wildly popular nonfungible token, or NFT, marketplace. 

As part of the deal, Google Cloud will serve as a network operator for Dapper Labs’ Flow blockchain, the scalable infrastructure that powers an entire ecosystem of NFTs, games and apps, according to Forbes. 

Janet Kennedy, the vice president of Google Cloud North America, said the multi-year partnership will help Dapper expand its operations through “scalable and secure infrastructure”. 

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