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 […]

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 […]

Binance, the world’s biggest cryptocurrency exchange by trade volume, has launched Apple Pay and Google Pay. With this update, users of the platform will be able to buy cryptocurrency using two of the most widely used payment methods worldwide. Binance Build updated through Twitter. The feature works well, according to users. Binance’s latest step to […]

The Africa Blockchain Center has announced the graduation of 105 blockchain developers under its Blockchain Programming training course. The graduation occurred today after the students had engaged in a 6-month training, with the 105 graduates pooled from Kenya, Nigeria, Tanzania, Zambia, South Africa and the Benin Republic. The CEO of Africa Blockchain Center, Jefferson Mkungusi, […]

Stillmark and Jack Dorsey’s Block, Inc. led a seed funding round that brought in a total of $2 million for the Bitcoin mining startup Gridless. The company recently made the announcement that it had achieved its goal of bringing electricity to off-the-grid areas in Kenya. The CEO of Gridless, Erik Hersman, was quoted as saying […]

National Association of Securities Dealers (NASD) Plc has entered into a partnership with Blockstation Inc., Sophus Consulting, and blockchain technology company TK Tech Africa Limited to release a certification program.  NASD is an Over-the-Counter securities exchange for the trading of unlisted securities and is collaborating on an accredited certification program for financial professionals. In an […]

The Microsoft (MSFT) Security Intelligence team has discovered that hacker DEV-0139 has been using Telegram group chats to target wealthy cryptocurrency funds. Investment funds and rich traders find it very difficult to deal with cryptocurrencies due to exchange fees. They must be improved to lessen the impact on margins and profits as they are identified […]

Leading global cryptocurrency exchange, Bitget announces that it has registered in Seychelles to facilitate its global expansion.   The cryptocurrency exchange, which operates in a decentralized manner without a specific headquarters, with regional hubs in strategic markets, has plans to set up more regional hubs in the future.  So far, the leading cryptocurrency exchange has gone […]

Binance announces they will not proceed with FTX’s acquisition. Following due diligence, Binance affirmed that it would not pursue the acquisition of FTX after initially stating it would assist the exchange. Another significant market disruptor in a sector that is becoming more unstable is the about-face. Concerns about the financial viability of numerous businesses, whose […]

Luno and the non-profit food distribution company FoodForward SA made a decision to join forces to make it possible for South Africans to donate to charitable causes using Bitcoin.. It is a progressive development for the use of cryptocurrency in the country. Andy Du Plessis, managing director at FoodForward SA, claims that adopting cryptocurrency for […]

Before getting to know the best bitcoin wallet, it is important to understand what the wallet itself means. A Bitcoin wallet or cryptocurrency wallet is a piece of software or hardware that is used to store digital assets such as cryptocurrencies. Wallets for cryptocurrencies can be compared to online bank accounts in that they not […]

What is Cash App? Cash App, formerly known as Square Cash, is a mobile payment service available in the United States and the United Kingdom that allows users to transfer money to one another (for a 1.5% fee for immediate transfer) using a mobile phone app. In January 2018, Cash App added support for bitcoin […]

What is Bitcoin mining? Bitcoin mining is the process of verifying and adding transaction records to the public ledger (known as the blockchain). The blockchain is a digital ledger of all Bitcoin transactions that have ever been made. Every time a new transaction is initiated, a block is created. Blocks are then verified by miners […]

The Mara Foundation has officially announced its partnership with Circle Internet Financial. Circle Internet Financial is the issuer of USD Coin (USDC) and Euro Coin (EUROC). Circle Internet Financial is a global digital financial technology firm that is the issuer of USD Coin (USDC) and Euro Coin. The Mara Foundation is a non-profit organization that […]

The use of cryptocurrencies is becoming increasingly widespread. These are decentralized digital or virtual currencies that may be spent or traded utilizing blockchain technology. They are sometimes referred to as altcoins. The degree to which they accomplish their goals of enhancing privacy and anonymity is an open question for many. Some of these currencies allow […]

Decentralized finance (DeFi) startup PowerDfi has acquired NaijaCrypto to support physical financing assets worth billions, marking a significant milestone in the DeFi sector. PowerDfi plans to “lead the way” in “bringing physical asset economic usefulness to the Blockchain” using its cutting-edge technology. PowerDFI unlocks billions of dollars worth of equity in physical assets using financial […]

The world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, Binance, has launched a crypto education tour across 5 countries in French-speaking Africa as part of its mission to drive blockchain adoption and enable greater financial accessibility in the region. In July, Binance announced a partnership with Jokkolabs, one of Africa’s first social impact hubs, to […]

Metaverse Magna (MVM), an African cryptocurrency gaming platform, has raised $3.2 million through a seed token offering, which valued the company at $30 million when all of its shares were sold. Investors including South Korean video game developer Wemade, Japan-based blockchain-focused venture capital firm Gumi Cryptos Capital (GCC), HashKey, Tess Ventures, LD Capital, Taureon, AFF, […]

While cryptocurrencies gained popularity over the years, hackers have specifically targeted it to exploit weaknesses in crypto-transactions. Chainalysis, a company that analyzes blockchains, has published research that shows that about $2 billion worth of cryptocurrency was stolen in 13 separate hacks on cross-chain bridges. The company said that most of the $2 billion had been […]