Bitcoin
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Altman, others launch Worldcoin Crypto project
In a groundbreaking event at Station F in Paris on May 26, 2023, Sam Altman, the Chief Executive Officer of OpenAI, together with his co-founders Alex Blania and Max Novendstern, launched Worldcoin, a pioneering crypto project. The primary objective of Worldcoin is to provide users with a verified digital identity, termed “World ID,” and facilitate […]
Hauwa Ali Abdul
Binance withdraws German license application
Binance, which is the biggest cryptocurrency exchange in the world, has pulled out its application to register with German banking regulations. The crypto market leader has been trying to get into the European market. The crypto exchange’s spokesperson said that they were sad about the change in regulations around the world and that they planned […]
Modupeoluwa Olalere
How to spot crypto account impersonators on Threads
Threads, which was just released by Meta and is thought to be a strong competitor to Elon Musk’s Twitter, is reportedly being taken over by several fake crypto accounts. Some of the most well-known crypto users on Twitter have started to tell other crypto users on Threads about the rise of fake crypto accounts on […]
Modupeoluwa Olalere
GoldPesa opens blockchain academy in Nairobi
GoldPesa, a blockchain technology startup, established a blockchain academy in Nairobi, Kenya, providing crypto aficionados with a unique opportunity. The company has released a statement stating that the new facility would help to “close the knowledge gap and dissipate myths around blockchain-related digital assets and web 3. GoldPesa Academy Kenya, situated in ABC Place, Westlands […]
Staff Writer
Vietnam examines the legality of Pi Network
The Vietnamese government is looking into the famous Pi Network, which is where the Pi Coin is kept. The Pi Network is a crypto network that rewards mining. It has become more popular in Nigeria and other places because it makes it easy to mine and make tokens. But the government in Vietnam isn’t having […]
Modupeoluwa Olalere
Binance Academy partner with Coursera to provide blockchain education worldwide
The most prominent cryptocurrency exchange Binance has announced a partnership between its educational arm, Binance Academy, and Coursera, one of the largest online education platforms in the world, with over 124 million learners enrolled. The result of this partnership will be a full suite of learning programs that will roll out over the next several […]
Staff Writer
South Africa insists Bitcoin exchanges must obtain licenses
The South Africa Government has requested that all Bitcoin exchanges in the country must obtain licenses before the end of the year. South Africa’s financial watchdog, the Financial Sector Conduct Authority (FSCA), which is in charge of overseeing the country’s finances, sent out the warning. Some weeks ago, there were reports about the new licencing […]
Modupeoluwa Olalere
Crypto firms must register or pay a heavy fine in SA
The Financial Sector Conduct Authority of South Africa required bitcoin-related enterprises to apply for a license between June 1 and November 20, 2023. South Africa’s Financial Sector Conduct Authority (FSCA) authorizes these crypto firms to act speedily. The world’s biggest regulators protected their clients from Bitcoin’s crisis after repeated crypto scandals left unprotected users regretting […]
Modupeoluwa Olalere
How Blockchain technology will change African business models
Blockchain technology, though far from reaching its full potential, is set to revolutionize all traditional business models. Its creative products and services can solve many problems that come with using standard business models. In recent years, the telecommunications business has been criticized for looking like it’s stuck in the past. Fans of blockchain think that […]
Modupeoluwa Olalere
Jack Dorsey funds $6 million Bitcoin voucher
Former Twitter CEO Jack Dorsey showed his continued dedication to advancing the cryptocurrency industry by leading a $6 million fundraising round for Azteco, a provider of bitcoin (BTC) vouchers. Azteco was started in 2014, and the company says it has found a big problem with the way people around the world access banking: more than […]
Modupeoluwa Olalere
Nigeria approves usage of Blockchain technology
Nigeria has become one of the most recent countries to support the usage of Blockchain technologies, joining a growing worldwide community that recognises their merits. The approval of Blockchain technology was one of the decisions reached during this week’s federal executive council meeting, which was presided over by President Muhammadu Buhari at the presidential villa’s […]
Hauwa Ali Abdul
Nigerian crypto startup Breet partners with comedian Nasty Blaq
Breet, a major cryptocurrency trading platform, has partnered with Nasty Blaq, a well-known comedian and social media influencer from Nigeria. The purpose of the agreement is to increase exposure to and excitement about Breet’s cutting-edge platform for over-the-counter, strictly-spend cryptocurrency trading. As part of the agreement, Nasty Blaq’s social media presence and influence will be […]
Felicia Akindurodoye
IvoryPay gets backed by Crypto Valley VC
IvoryPay, a bitcoin payments service with operations in Africa, has been selected to participate in the current round of the worldwide blockchain startup accelerator Crypto Valley VC (CV VC). The fifth round of the worldwide blockchain startup accelerator run by Crypto Valley VC (CV VC) has recently begun, and nine cutting-edge companies were selected to […]
Felicia Akindurodoye
Microsoft tests crypto wallet for Edge Browser
Microsoft is working on a built-in cryptocurrency wallet for its Edge browser. The function, according to Microsoft, would provide clients complete control over a non-custodial cryptocurrency wallet. The integrated features would aid in protecting consumers from malicious websites or programmes, according to software preservationist Albacore. Microsoft says the capability provides a clear, basic user experience […]
Modupeoluwa Olalere
Meta removes Facebook, Instagram NFT functions amid Crypto turmoil
Meta Platform Inc. is removing digital collectibles and non-fungible tokens (NFTs) from its platforms (Instagram and Facebook) less than a year after launching them. The decision is the result of a careful study of the recent calamity that has befallen the cryptocurrency market. “We are winding down digital collectibles (NFTs) for the time being to […]
Modupeoluwa Olalere
Binance increases African Currencies on its Cryptocurrency platform
Binance, the world’s leading cryptocurrency and blockchain ecosystem, has added more African currencies, including the Liberian Dollar (LRD), Sierra Leonean Leone (SLL), Gambian Dalasi (GMD), Mauritanian Ouguiya (MRO), and Cape Verdean Escudo (CVE), to its list of currencies to increase Africa’s accessibility of cryptocurrencies. This development was announced in Binance’s latest move to expand its […]
Hauwa Ali Abdul
Uhuru Wallet, Flexid offer Zimbabweans remittance services
Uhuru Wallet and Flexid, two blockchain firms based in South Africa and Zimbabwe, respectively, aim to ease the difficulties faced by migrants when moving money across borders. Both firms have introduced a platform that offers digital identity and remittance services to migrants living and working in South Africa. The platform, which both businesses have dubbed […]
Modupeoluwa Olalere
Binance now accepts bank transfers from South Africa customers
The world’s largest cryptocurrency exchange, Binance, will now accept bank transfers from South African customers so that all users can access the services more readily. South Africans can now invest in digital assets such as bitcoin, ethereum, etc., using bank transfers. Consumers would immensely profit from the improvement, said Binance South Africa National Head Hannes […]
Modupeoluwa Olalere
Luno to lay off 35% of its workforce
Luno, a cryptocurrency exchange company, has made the announcement that it will be laying off 35% of its employees. This adds Luno’s name to the growing list of industry players that are dismissing staff due to the bear market. Other players on this list include Coinbase, Crypto.com, Bybit, Huobi, and Gemini, among others. “It is […]
Babalola Seun
US crypto company, Coinbase to lay off 950 employees
Coinbase, a cryptocurrency corporation based in the United States, is preparing to let off a few more staff since the bear market remains unrecoverable. This is Coinbase’s third round of layoffs since the market crash. In order to prevent the company from going under, the top cryptocurrency exchange plans to eliminate 950 jobs. All affected […]
Modupeoluwa Olalere