The Africa Money & Decentralized Finances (DeFi) Summit-West Africa will bring together leading Fintech, investors, crypto platforms, start-ups, and digital finance stakeholders across Africa on September 27 & 28, 2022 in Accra, Ghana. The 2022 Africa Summit will take place, spanning two days. The networking events will address topics such as payments, cryptocurrency, decentralized finance […]

While cryptocurrencies gained popularity over the years, hackers have specifically targeted it to exploit weaknesses in crypto-transactions. Chainalysis, a company that analyzes blockchains, has published research that shows that about $2 billion worth of cryptocurrency was stolen in 13 separate hacks on cross-chain bridges. The company said that most of the $2 billion had been […]

Blockchain venture funding and cryptocurrency adoption have both seen explosive growth in Africa. Africa is emerging as one of the world’s fastest-growing cryptocurrency markets, driven by strong funding activity, favourable market conditions, and booming trading volumes, according to a new report by Swiss blockchain-focused investment firm CV VC. Blockchain Cryptocurrency allows the African population to […]

Hashgreed, an NFT Marketplace, multipurpose NFT and super dapp platform under the Krosscoin Ecosystem has secured over $1 million in funding to help scale operations across Africa. The platform is programmed to assist both individuals and businesses having an experience with web3 solutions for creative, commerce and asset tokenization. Hashgreed has created a platform called […]

In an effort to build nation-building capabilities, the National Information Technology Development Agency (NITDA) urged young people on Friday to upscale their talents in emerging technologies. Kashifu Inuwa, Director-General of NITDA, made the call at the 2022 Blockchain Developers’ Summit at Baze University, Abuja. Inuwa spoke about how Blockchain Technology can support Digital Transformation and […]

President Faustin-Archange Touadera of the Central African Republic said on Sunday that cryptocurrency is the solution to tackling financial exclusion. Cryptocurrency is an alternative to cash,” Touadera said at the launch of her country’s crypto initiative Sango after it became the first African state to legalize Bitcoin in April. “For us, the formal economy is […]

Nigeria’s market regulator has made a set of rules for crypto assets. It shows that Africa’s most populous country is trying to find a middle ground between a complete ban on crypto assets and their use without any rules. Last year, the central bank of Nigeria told banks and other financial institutions that they couldn’t […]

MARA, a Pan-African crypto platform, announced completing a seed round of $23 million in equity and token sale from a pool of investors. They include high-profile crypto and web3 investors such as Coinbase Ventures, Alameda Research (FTX), and Distributed Global. Other VCs in the round include TQ Ventures, DIGITAL, Nexo, Huobi Ventures, Day One Ventures, […]

Telegram has announced that the Toncoin cryptocurrency would be used to transmit and receive payments in real-time. According to the corporation, Toncoins can be purchased with a debit card, on cryptocurrency exchanges, or transferred from other digital wallets. Telegram users may now send TON currencies “straight within Telegram chats without transaction fees to any Telegram […]

Uganda’s banking regulator Bank of Uganda has advised payment service providers against allowing cryptocurrency transactions in East Africa. In a letter, the Bank of Uganda stated that it had not approved any payment provider or operator, including banks or fintech, to sell or facilitate trade using cryptocurrency while also referring to the government’s position that […]

In conjunction with the Bank for International Settlements (BIS) Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, and the Monetary Authority of Singapore, the South African Reserve Bank has announced the development of an experimental platform for settling multiple central bank digital currencies, or CBDCs, on an international basis. The project, officially called […]

The Bank of Ghana (BoG) has announced the will to introduce eCedi. In the design paper, the central bank is attempting to regain banks’ waning influence in financial transaction intermediation, which is now dominated by mobile money.The BoG appears to see eCedi as a strategy to “contain the growth of mobile money” and reclaim full […]

Last week, Bitmama, a leading blockchain company in Africa, has launched its newest offering, Physical Crypto Cards. It comes three months after Bitmama released virtual crypto cards, which allow users to spend cryptocurrency without first converting it to fiat currency. Bitmama’s physical crypto card comes on the heels of another newly launched service, Buy Crypto, […]

Here is a look at 5 cryptocurrencies investors should watch out for in March 2022:Bitcoin’s BTC Cryptocurrency has seen a lot of net accumulation from whales. Clemente, who is an on-chain analyst and the lead insights analyst at Blockware, said he remains bullish on Bitcoin. He stated, “Quite bullish for Bitcoin to see this prolonged […]

Africa has missed out on several global opportunities and is now only a bystander to technical progress. In the Fourth Industrial Revolution (4IR), the narrative must change, particularly with Blockchain Technology. It’s exciting to see how Cryptocurrency adoption is increasing across the continent, albeit slowly in other use cases, such as using the Blockchain to […]

There is a new Crypto market called NFTs it is a non-fungible token is a non-transferable unit of data that may be sold and traded and is held on a blockchain, a type of digital ledger. Digital media such as photographs, videos, and audio may be connected with several types of NFT data units. If […]

Aivancity college for technology, business & society Paris-Cachan is a hybrid college constructed across the triptych Artificial Intelligence, Business, and Ethics. Its task is to teach future “AIgineers®” capable of taking on the various demanding situations set through the financial system and society concerning the exploitation of the potential of information or data and artificial […]

Diem, the Facebook-backed digital currency project, has announced the sale of its technology for $182 million, capping a year-long initiative that attracted significant regulatory scrutiny. Facebook’s announcement in 2019 of plans to design a cryptocurrency and payment system raised immediate red flags for global finance officials, who expressed a barrage of criticism about the security […]

Fejiro Hanu Agbodje is no longer an alien name in the African fintech ecosystem. A 26 years old young and hard-working visionary behind Patricia, a four-year-old multi-million-dollar company servicing over 30,000 clients on daily transactions with over 300 staff spread across Africa, Asia, and UAE, and interestingly, he bootstrapped the company off WhatsApp without receiving […]