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Bitcoin

20

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
11

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
20

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
11

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
20

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
20

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
20

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
20

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
21

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
14

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
14

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
20

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
20

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
21

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
20

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
20

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
6

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
20

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
20

Wyre, cryptocurrency payments platform, is closing

Wyre provides infrastructure and cryptographic payments. It looks like they will stop doing business by the end of this month. The business, which will turn ten years old this year, had a massive April 2022 valuation of $1.5 billion. Bolt Financial attempted to acquire the crypto payment platform last year. “A commercial agreement was made […]

Modupeoluwa Olalere
16

5 African Technology Conferences to attend in 2023

Here are 5 African technology conferences you can attend this 2023 to stay informed on important technology trends that cut across industries. Technology has significantly transformed human coexistence in recent years, as well as business operations across the world. The world is constantly evolving, with new ways of better integrating technology into daily activities and […]

Ibukunoluwa Josephine Bankole
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