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Blockchain

Highlights

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NIBSS and Zone leverage blockchain to enhance Nigeria’s inter-bank POS transactions

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Kenyan Blockchain Association leads Crypto regulations drafting

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. […]

Ibukunoluwa Josephine Bankole
20

African Web3 Startup HoneyCoin Joins MYKOBO in Europe

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 […]

Modupeoluwa Olalere
20

Yellow Card, Web3Ladies’ offer blockchain training to Nigerian women

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 […]

Modupeoluwa Olalere
20

NFT market crashes as 95% of digital assets loses value-Study

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 […]

Modupeoluwa Olalere
16

Africa Money and DeFi Summit showcases nine businesses to investors in Ghana

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 […]

Ibukunoluwa Josephine Bankole
20

MasterCard suspends Binance’s crypto card contract

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 […]

Modupeoluwa Olalere
20

Convexity studies Nigerian crypto p2p market

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 […]

Modupeoluwa Olalere
20

Kenyan parliament creates 15-man Worldcoin committee

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 […]

Modupeoluwa Olalere
20

3 crypto platforms with Affiliate Marketing

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 […]

Modupeoluwa Olalere
16

Worldcoin attracts concerns of privacy regulators over biometric data 

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 […]

Ibukunoluwa Josephine Bankole
20

Tradefada’s CEO invests in controversial crypto, Patricia

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 […]

Modupeoluwa Olalere
21

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
20

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
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