Cryptocurrency
Namibia passes crypto regulation bill
Namibia has joined the ranks of other African governments in their support of cryptocurrencies and digital assets through the passage of a bill in the country’s National Assembly, The measure to regulate digital assets, cryptocurrencies, and virtual asset service providers (VASPs) in Namibia was approved by the lower house of parliament on June 22. Its […]
Felicia AkindurodoyeGoldPesa 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 WriterVietnam 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 OlalereBinance 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 WriterSouth 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 OlalereCrypto 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 OlalereHow 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 OlalereJack 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 OlalereNigeria 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 AbdulAfrican blockchain business funding rises by 429%
The most recent report on African blockchain fundraising published by CVVC, in 2022 says African blockchain companies raised a total of $474 million in capital, representing a 429% increase from the amount of funding raised in the previous year. The category of “custody and exchanges” brought in over $250 million, which is comparable to more […]
Felicia AkindurodoyeNigerian 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 AkindurodoyeIvoryPay 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 AkindurodoyePaxful, Crypto Exchange firm shuts down
Paxful, a cryptocurrency exchange that’s been based in the United States and had a significant presence in Africa, has ceased operations. The company’s chief executive officer, Ray Youseff, stated that the closure was due to an unfavourable regulatory landscape. The company has requested that its customers remove their funds from the platform immediately. The Chief […]
Felicia AkindurodoyeAdaverse joins Bitmama Web3’s pre-seed round
Adaverse, a joint accelerator programme founded by EMURGO Africa and Everest Ventures Group, has successfully participated in a pre-seed round to assist Bitmama‘s aim of harnessing blockchain and other frontier technologies. The aim of this is to remove cross-border payment barriers in Africa. Adaverse was able to participate in the round thanks to the assistance […]
Felicia AkindurodoyeChatGPT predicts DigiToads’ stock market success
It might be difficult to predict which initiatives will be successful throughout the course of their respective lifespans in the world of virtual currency. DigiToads, which is based in India, on the other hand, is a project that has piqued the interest of numerous investors (TOADS). This meme coin has gained traction in recent months, […]
Felicia AkindurodoyeAdaverse backs Ejara, woman-led DeFi platform to democratize African finance
Adaverse, a Cardano ecosystem accelerator created as a joint venture between EMURGO Africa and Everest Ventures Group to accelerate Web3 entrepreneurs in Africa, has finalized a strategic investment in Ejara, an investment platform that improves access to financial solutions through blockchain. Adaverse was founded to help African Web3 startups. Adaverse has opted to join in […]
Felicia AkindurodoyeMicrosoft 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 OlalereMeta 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 OlalereBinance 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 AbdulUhuru 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