In a strategic leap forward, the Nigerian government has unveiled plans to roll out the cNGN stablecoin on February 27, 2024. Backed by the Central Bank of Nigeria (CBN), this digital currency is aimed at bringing stability to the unpredictable naira, currently grappling with the unenviable title of Africa’s weakest currency and the third weakest […]

The Blockchain Association of Kenya (BAK) is taking the lead in drafting Kenya’s first blockchain legislation. The association has engaged with the National Assembly Committee on Finance and National Planning to discuss how to regulate digital assets effectively in the country. This move comes in response to recent developments in the blockchain and cryptocurrency sector. […]

HoneyCoin, a Kenyan Web3 super app that works across borders, has teamed up with MYKOBO to make it easier to enter the European market. The goal of this relationship is to make it easy for people in all 27 European Union (EU) Member States to deposit, withdraw, and send digital Euros to more than 140 […]

The Pan-African cryptocurrency exchange and financial technology business Yellow Card has partnered with the Web3Ladies mentorship program to give over 500 Nigerian women the necessary tech and blockchain skills. The program will use a $3,000 grant to do this. The goal of this partnership, which is based on Yellow Card’s Social Good initiative, is to […]

The NFTs market is falling. Insider found in their “Remember when NFTs sold for millions?” study.  95% of digital things may not have any value. The study found that most NFTs have no value anymore. Since 2021/22, when the most non-fungible tokens were sold, trades have dropped dramatically. People who used to back the market […]

The Africa Money and DeFi Summit has announced nine ventures selected to showcase their cutting-edge Web3, Blockchain, Fintech, and Decentralised Finance (DeFi) businesses to investors and industry leaders, live on stage in Accra, Ghana, on October 3rd and 4th. With a focus on forging connections and bridging the gap between African ventures, corporates and global […]

Mastercard will end its relationship with Binance, the biggest cryptocurrency exchange in the world, by the end of next month. The four-year partnership, which gave Binance users in Argentina, Brazil, Columbia, and Bahrain access to services, will stop on September 22, a MasterCard spokesperson said in an email on the same day. Mastercard’s other crypto […]

Blockchain solutions and consulting company Convexity has released a study that shows how complicated the day-to-day crypto peer-to-peer market is in Nigeria, which is Africa’s biggest crypto market. Peer-to-peer (P2P) markets are a common way for people in Nigeria to buy and sell coins. Users can trade directly with each other on these markets without […]

Kenya has been at the center of a debate about the newly launched Worldcoin project, and this week brings another update. A story from the local newspaper The Star says that the country’s leaders have put together a 15-person parliamentary committee to look into the controversial asset. Recall that Worldcoin’s launch has been marred with […]

In the ever-changing world of the digital age, cryptocurrencies have become a revolutionary force that is changing businesses and making new ways to make money possible. Among these is the interesting world of Affiliate Marketing. Affiliate marketing in crypto is a way for people and businesses to make money from their partnerships with crypto firms […]

Concerns regarding the security of Worldcoin’s biometric data gathering have prompted privacy regulators to look into the ID firm. Worldcoin is attracting the attention of privacy regulators all around the world weeks after its global launch, with Kenya’s government even going so far as to shut down the service permanently. The Silicon Valley-backed worldwide ID […]

The founder and CEO of Tradefada, Oluwaseun Dania, has put money into Nigeria’s controversial crypto exchange, Patricia Technologies.  The LinkedIn post from July 30, 2023, shows that buyers have faith in Africa’s Leading Crypto Exchanges. Hanu Fejiro, the founder and CEO of Patricia, liked the post without saying how much it was worth. Oluwaseun highlighted […]

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 […]