Zambia has revealed that it is studying the use of technology to regulate cryptocurrency to attain its long-term objective of becoming a crypto-savvy region. The testing will be carried out by the Security Exchange Commission and Bank of Zambia, according to an announcement made by Zambia’s Minister of Technology and Science, Felix Mutati. In his […]

The world’s largest cryptocurrency exchange, Binance, will now accept bank transfers from South African customers so that all users can access the services more readily. South Africans can now invest in digital assets such as bitcoin, ethereum, etc., using bank transfers. Consumers would immensely profit from the improvement, said Binance South Africa National Head Hannes […]

Luno, a cryptocurrency exchange company, has made the announcement that it will be laying off 35% of its employees.  This adds Luno’s name to the growing list of industry players that are dismissing staff due to the bear market. Other players on this list include Coinbase, Crypto.com, Bybit, Huobi, and Gemini, among others. “It is […]

Coinbase, a cryptocurrency corporation based in the United States, is preparing to let off a few more staff since the bear market remains unrecoverable. This is Coinbase’s third round of layoffs since the market crash. In order to prevent the company from going under, the top cryptocurrency exchange plans to eliminate 950 jobs. All affected […]

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 […]

South African crypto exchange VALR, the largest crypto exchange headquartered in Africa, has launched in Zambia. The exchange will enable Zambian customers to buy or sell bitcoin (BTc) and USD Coin (USDc) directly using the Zambian Kwacha, in addition to 60+ crypto assets already available on VALR.com. VALR was launched in 2019 and offered its […]

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 […]

Pick n Pay is expanding the inclusion of cryptocurrency as a payment option to more stores upon the successful completion of the first phase. The first phase allowed customers to make payments for goods with crypto from their smartphones. The retail company, which is one of the leading grocery retailers in South Africa, announced this […]

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 […]

The Central Bank of Nigeria (CBN) announced that the eNaira platform processed 700,000 transactions worth a total of N8 billion in its first year. The information was disclosed during the celebration of the digital currency’s first anniversary. The eNaira is a central bank digital currency (CBDC) that will be issued as legal tender by the […]

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 […]