fb pixel

Cryptocurrency

6

Two Africans now serve on Binance’s Global Advisory Board

Binance, one of the biggest cryptocurrency exchanges in the world has put together a Global Advisory Board made up of well-known experts in public policy, government, finance, economics, and corporate governance. The goal of the GAB is to help Binance deal with some of the toughest regulatory, political, and social problems that the cryptocurrency industry […]

Babalola Seun
11

Circle and Mara team up to increase Africa’s Web3 capacity

The Mara Foundation has officially announced its partnership with Circle Internet Financial. Circle Internet Financial is the issuer of USD Coin (USDC) and Euro Coin (EUROC). Circle Internet Financial is a global digital financial technology firm that is the issuer of USD Coin (USDC) and Euro Coin. The Mara Foundation is a non-profit organization that […]

Staff Writer
11

Hackers Steal over 600 Million Dollars from Binance Smart Chain

The Binance Smart Chain (BSC) has suspended operations due to irregular activities amid reports of a hacking attempt on BNB, which jolted the global cryptocurrency market. It was reported that the hackers hijacked the Binance-linked cryptocurrency BNB, which was valued at over $600 million at the time of the attack. This was disclosed in a […]

Staff Writer
11

Bitcoin vs Monero: What’s The Difference?

The use of cryptocurrencies is becoming increasingly widespread. These are decentralized digital or virtual currencies that may be spent or traded utilizing blockchain technology. They are sometimes referred to as altcoins. The degree to which they accomplish their goals of enhancing privacy and anonymity is an open question for many. Some of these currencies allow […]

Staff Writer
11

Binance Introduces Global Training Program to Fight Digital Asset-Related Crime

The use of cryptocurrencies is becoming increasingly widespread. These are decentralized digital or virtual currency forms that may be spent or traded utilizing blockchain technology. They are sometimes referred to as altcoins. The degree to which they accomplish their goals of enhancing privacy and anonymity is an open question for many. Some of these currencies […]

Staff Writer
6

KuCoin announces growth plans and commemorative events to mark anniversary 

KuCoin, a major cryptocurrency exchange, is marking its fifth anniversary, announcing celebrations, and detailing its long-term plans. KuCoin was founded in 2017, and since then, it has scaled 142 times from its original seven co-founders to a highly productive staff of over 1,000 individuals worldwide. The exchange serves twenty million cryptocurrency customers from more than […]

Babalola Seun
11

PowerDFI Acquires Naijacrypto to Improve BlockChain Transparency And Security

Decentralized finance (DeFi) startup PowerDfi has acquired NaijaCrypto to support physical financing assets worth billions, marking a significant milestone in the DeFi sector. PowerDfi plans to “lead the way” in “bringing physical asset economic usefulness to the Blockchain” using its cutting-edge technology. PowerDFI unlocks billions of dollars worth of equity in physical assets using financial […]

Staff Writer
16

Ibukun Awosika, 10 others Joins Binance Advisory Board

Binance has appointed former Chairman of First Bank of Nigeria, Ibukun Awosika, as one of its global board of advisers. The cryptocurrency trading company said this in a statement on Thursday in Paris, France. Binance founder and CEO Changpeng Zhao revealed that the selection would aid in charting the best way forward for web3 cryptocurrency. […]

Ibukunoluwa Josephine Bankole
11

SafeSenda allows Cryptocurrency owners perform Naira exchange

A Nigerian company, SafeSenda, has made an app that makes it easier to manage, exchange, convert, spend, and settle cryptocurrency into naira bank accounts. Nkechi Iyke-Ukaegbu and Ikechukwu Ukaegbu started the company earlier this year. It was made with an easy-to-use design to make it easier to keep track of and move crypto assets. According […]

Staff Writer
11

Egypt Exits.Me secures $1 million in a pre-seed fundraising round

Exits.me, a platform for fintech and investment banking in Egypt, has completed a Pre-Seed round and raised $1 million. Exits provided this round of funding. Based in the United Kingdom, an influential Egyptian angel investor organisation, Baseeta Investments Holding and Mawelni Holding for Financial Investments, and the company’s founders. PIE, a mergers and acquisitions firm […]

Staff Writer
11

Binance Launches Meetup Tour Across Francophone Africa

The world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, Binance, has launched a crypto education tour across 5 countries in French-speaking Africa as part of its mission to drive blockchain adoption and enable greater financial accessibility in the region. In July, Binance announced a partnership with Jokkolabs, one of Africa’s first social impact hubs, to […]

Staff Writer
10

Bitmama Secures $1.65 Million in New Funding

A blockchain payments startup called Bitmama Inc. has raised an extra $1.65 million in pre-seed capital. This came into reality after raising $350,000 in October 2021, and this new fund will put the company’s total fundraising for this round to $2 million. But earlier this year, the startup also came up with a physical crypto […]

Okunloye Abiodun Segun
11

DeFi Summit Hosts 400 Fintech And Crypto Leaders In Ghana

Leading fintechs, investors, crypto platforms, ventures, and digital finance stakeholders will connect at the Africa Money & DeFi Summit West Africa edition on September 27-28 in Accra, Ghana. The leading business Summit would connect over 400 delegates, over 150 companies, and more than 50 speakers who would cover topics via panel sessions, keynotes, and fireside […]

Staff Writer
14

Africa’s largest gaming company (MVM) raises $3.2M at a $30M valuation

Metaverse Magna (MVM), an African cryptocurrency gaming platform, has raised $3.2 million through a seed token offering, which valued the company at $30 million when all of its shares were sold. Investors including South Korean video game developer Wemade, Japan-based blockchain-focused venture capital firm Gumi Cryptos Capital (GCC), HashKey, Tess Ventures, LD Capital, Taureon, AFF, […]

Felicia Akindurodoye
11

Smart TVs from LG Electronics will soon have NFTs

Today, LG announced that it has released LG Art Lab, its “very own non-fungible token (NFT) platform.” In a news release, the company talked about how the NFT platform gives people who have smart TVs at home a simple, all-in-one way to watch and trade NFTs. “The platform is now available in the United States […]

Staff Writer
11

Binance Now Supports Deposit and Withdrawal Using SA Rand

The largest cryptocurrency exchange by market volume, Binance, has announced support for the deposit and withdrawal of South African Rand (ZAR) as a new option for its users. Binance said in a blog post on May 12 that the South African rand (ZAR) will be able to be traded for Bitcoin (BTC), Ethereum (ETH), Binance […]

Staff Writer
6

Trading in derivatives will gradually end at Huobi Global in New Zealand

Swap of digital assets For its users in New Zealand, Huobi Global has announced that it will be limiting the trading of derivatives. All coin-marginated futures and swaps, Tether (USDT)-marginated contracts, options, and exchange-traded products fall under this category (ETPs). Huobi provided a timeline for the phase-out of the offerings in a notice, designating August […]

Babalola Seun
14

Yellow Pay Introduces New Payment Option

Yellow Pay, a new payment option from Yellow Card Financial, has been introduced. Customers will find it simpler with this new feature solution to transfer and receive money using the Yellow Card cryptocurrency exchange platform, free of additional fees, immediately and from the convenience of their homes. The complexity of money transfers is one of […]

Felicia Akindurodoye
14

CBN Must Collaborate with Stakeholders to Govern Blockchain Technology

Senator Ihenyen, the president of the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), has urged the Central Bank of Nigeria (CBN) and other important players in the nation’s financial sector to chart a course for the future regulation of the blockchain and cryptocurrency industries. Ihenyen stated that a point of convergence is required due […]

Felicia Akindurodoye
6

Colombia plans to introduce digital currency to combat tax evasion

Director of Colombia’s National Directorate of Taxes and Customs, Luis Carlos Reyes (also known as Dirección de Impuestos y Aduanas Nacionales de Colombia or DIAN), has disclosed that the South American nation may launch its own digital currency backed by the central bank (CBDC). Reyes spoke on Gustavo Petro, the incoming president of Colombia, and […]

Babalola Seun
Advert