Africa has often been at the forefront of embracing and adapting to new technologies, and today, the continent is witnessing a surge in grassroots crypto adoption. Much like the transformative role played by mobile money platform M-Pesa in Kenya, Africans are harnessing the potential of crypto and Web3 technologies to challenge traditional financial systems. Read […]

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 […]

A recent incident that sparked a short-lived 10% Bitcoin rally due to fake news has raised concerns in the cryptocurrency industry. This sector is eagerly anticipating mass-market Exchange-Traded Funds (ETFs) that could potentially revitalise its fortunes. On a Monday morning, Bitcoin’s value quickly surged, only to be swiftly reversed. This sudden fluctuation was triggered by […]

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 […]

OctaFX, an international broker based in London, recently made public its intention to transition to a simpler name, Octa, going forward.  To emphasise the significance of the underlying message of the transformation, the broker initiated a worldwide advertising campaign under the slogan “Trading made clear.” “As the financial landscape evolves, so do we,” the Octa […]

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 […]

Tugende, a Uganda-based venture-backed lender, and Warbler Labs, a company that is building Goldfinch, a decentralised credit protocol, have reached an agreement on a plan to restructure a loan, which may lead to the recovery of the $5 million loan that the East African motorcycle taxi financing company defaulted on several months ago. Tugende is […]

Qala is an organization that trains African Bitcoin engineers to drive Bitcoin’s growth in Africa and the Global South while also nurturing a generation of engineers who are committed to the open-source ethos of Bitcoin development. ₿trust, a non-profit organization focused on decentralizing Bitcoin software development, has announced that it has acquired Qala. Qala is […]

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 […]

Patricia Technologies Limited, a Nigerian-based crypto company and Deimos Cloud Security are now working together as partners.  Through this partnership, the cryptocurrency company hopes to completely revamp the way in which it safeguards the assets of its consumers and significantly improve existing safety protocols.  As the incidence of cyberattacks and data breaches around the world […]

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 […]

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 […]

Following Ripple’s historic victory over the United States Securities and Exchanges Commission (SEC), the XRP cryptocurrency has seen a price increase of almost 65 percent in the previous twenty-four hours.  A verdict handed down on Thursday put an end to the three-year legal battle that the SEC had been waging against Ripple, the company that […]

Nigerian Farmchain Finance, a firm that was established by Stanley Golomo, is one of the companies that has the objective of bringing the benefits of blockchain technology to the average person. The groundbreaking blockchain technology’s capabilities to solve problems that actually occur in the real world are its most essential characteristics.  During an interview with […]