LATEST NEWS

IN PICTURES | Blockchain Solutions Platform, Gluwa, Meets President of Liberia as it Explores Developing a CBDC for the Country

IN PICTURES | Blockchain Solutions Platform, Gluwa, Meets President of…

Blockchain-based financial platform Gluwa says it is currently investigating the potential of developing a Central Bank Digital Currency (CBDC) for Liberia. Gluwa’s CEO, Tae Oh, met the…

Grayscale-Bitcoin-Trust-ETF
EXPLAINER | A Look At the World's Largest Bitcoin ETF
STRIKE - BitKE
ANNOUNCING | Strike Announces Initial Entrance into 7 African Markets for Bitcoin and USDT On and Off-Ramping to Local Currency
Sun-Exchange-Solar-Panels
PIVOT | South Africa's Bitcoin-Powered Energy Fintech, Sun Exchange, Pivots from Crowdsourcing Model to Institutional Funding of Solar Projects
Inscriptions Marketplace by Binance
INTRODUCING | Binance Launches a One-Stop Solution for Inscribing and Trading BRC-20 Inscription Tokens
Gridless OS
BITCOIN | How Gridless Manages Bitcoin Mining in Africa via its Own Software
Lightning Network
REPORT | Only Slightly Over 6% of Centralized Crypto Exchanges Integrated the Lightning Network in 2023
bitcoin-bull-and-bear
BITCOIN | Standard Chartered Predicts Bitcoin to Reach $200,000 by 2025, Thanks to ETFs
Introducing Trezor Academy
INTRODUCING | 'Bitcoin Adoption is More Relevant in Africa Than Any Other Continent,' Says CEO, Trezor, at Launch of the Africa Trezor Academy

OPPORTUNITIES

LIST | 4 Potential Jobs in the Crypto and Blockchain Industry
The growth of cryptocurrency and blockchain technology has led to a huge number of jobs that are available,...
CALL FOR APPLICATIONS | [DEADLINE: FEBRUARY 29 2024] Ghana Startups Invited to Apply for UNICEF Startup Lab Accelerator
The UNICEF StartUp Lab, inaugurated in 2019, is a six-month accelerator program tailored for impactful...
CALL FOR APPLICATIONS | Kenyan Internet Infrastructure Developers Invited to Apply for ICANN Global Grant Program
The Internet Corporation for Assigned Names and Numbers (ICANN) has launched a global Grant Programme...
CALL FOR APPLICATIONS | Early Stage African Startup Founders Invited to Apply to 8-Week Inaugural Accelerate Africa Program
Early-stage startup entrepreneurs across the continent are invited to submit their applications for the...
EXPLAINER | The Most Anticipated Cryptocurrency Event of 2024, The Bitcoin Halving, Explained
Every four years, the amount of Bitcoin rewarded to cryptocurrency miners is halved in a process aptly...
EXPLAINER | The Ethereum Dencun Upgrade, the Latest Effort to Enhance Scalability
Ethereum, the prominent proof-of-stake blockchain, is undergoing a significant upgrade known as ‘Dencun,’...
REALITY CHECK | How FATF Grey Listing Affects a Country's Financial and Economic Environment
In February 2024, the Financial Action Task Force (FATF) added Kenya and Namibia to its global list of...
EXPLAINER | A Look At the World's Largest Bitcoin ETF
The approval of spot Bitcoin ETFs by the SEC marked a significant milestone, introducing a more accessible...
HOW TO | How To Transfer Money From Bank Account To Orange Money In Botswana
The Orange Money Card2wallet service enables registered Orange customers to transfer money from their...
EXPLAINER | A Look at Liquid Staking with Lido Finance on Ethereum
Staking is a process where cryptocurrency holders lock up their assets to support the operations of a...

REPORTS

2024 Halving - BitKE
REPORT | Bitcoin Evolving to Something Even More Significant Ahead of 2024 Halving, Says GrayScale
In a new analysis, crypto asset management firm, GrayScale, says that Bitcoin’s technical fundamentals...
WorldCoin Scanning in Kenya
REPORT | WorldCoin's Orbs Contain No Vulnerabilities, Says New Audit Report
WorldCoin’s ORB technology adheres to rigorous privacy protocols, especially concerning the processing...
Crypto Inflows in Investment Products
MILESTONE | Crypto Funds Exceed 2021 Total Inflows in Less Than 3 Months of 2024
According to CoinShares, cryptocurrency funds managed by institutions such as BlackRock, Fidelity, ProShares,...
Gaming - BitKE
REPORT | South Africa's Carry1st Was One of the Few Winners in a Declining Web3 Gaming Market in 2023
Gaming startups raised $2 billion in funding in 2023, a new report by video game-focused VC, Konvoy Ventures,...
Youth Readiness Report - BitKE
REPORT | Kenya Tops East Africa Youth Digital Readiness Index Followed Closely by Rwanda
Kenya has been ranked at the top position in the 2023 Eastern Africa Youth Digital Readiness Index, followed...
Illicit Crypto Funds
REPORT | Money Laundering Through Cryptocurrencies Fell Substantially in 2023, Fiat Off-Ramping 'Important in AML,' Says Chainalysis
  In 2023, illicit addresses sent $22.2 billion worth of cryptocurrency to services, which is a...
Bitcoin Layered
REPORT | Bitcoin Dominates Recent Crypto Investment Inflows at 98%
Digital asset investment products experienced substantial inflows amounting to $1.1 billion in the week...
Global Fintech Revenue Growth by Region, 2021-2030 - BitKE
REPORT | Payments Projected to Continue Dominating the Fintech Landscape Until 2030
Africa’s fintech market is projected to grow significantly, reaching approximately $65 billion...
Francophone Africa - BitKE
REPORT | Francophone Africa Was the Only African Region to Demonstrate YoY Growth in Number of Deals and Investor Participation in 2023
Venture capital funding to Africa witnessed a significant downtrend in 2023 with a total of $3.5 billion...
MENA
FUNDING | Egyptian Deals Fell by Half YoY as Venture Funding Decreased Sharply Across MENA region in 2023
Investment in Egyptian startups declined by 17% in 2023 compared to 2022, with debt-free investment experiencing...
Somalia
LIST | Somalia Ranked the Most Corrupt Country Globally in the Latest 2023 Corruption Perceptions Index
Somalia has once again been ranked as the most corrupt country in the world in the 2023 Corruption Perceptions...
The Kenya National ID
REPORT | Kenyan National ID is the Most Vulnerable to Fraud in Africa, While Payments Remain Most Targeted, Says 2024 SmileID Report
The Kenyan National ID has been identified as the most susceptible to fraudulent attempts, according...
Crypto Owners in 2023 - BitKE
REPORT | Crypto Owners Globally Grew By Over 34% to 580 Million in 2023 Despite Macro Headwinds
The worldwide community of cryptocurrency owners increased by 34%, advancing from 432 million to 580...
AI in 2024 - BitKE
REPORT | 25% of Global CEOs Intend to Implement Layoffs Due to AI, Says January 2024 PwC Survey
According to a recent January 2024 PwC survey released in January 2024, approximately 25% of CEOs globally...
Lightning Network
REPORT | Only Slightly Over 6% of Centralized Crypto Exchanges Integrated the Lightning Network in 2023
A recent research study suggests that the increased adoption of Bitcoin as a transactional layer can...
Bitcoin Halving Explained
EXPLAINER | The Most Anticipated Cryptocurrency Event of 2024, The Bitcoin Halving, Explained

ETHEREUM

Bitcoin at $70K
MILESTONE | Bitcoin Hits $70,000 for the First Time in History
Bitcoin continued its upward trajectory, reaching another all-time high at the beginning of the week...
Ethereum Hits $3K
MILESTONE | Ethereum Hits $3,000 for the First Time in 2 Years
Ether’s price surged to $3,000, marking its highest point in nearly two years. This increase comes...
Staking Ethereum
MILESTONE | 25% of the Entire ETH Supply is Now Staked
Data from blockchain analytics firm, Nansen, shows that over 30 million Ether ($ETH), which represents...
STRK
AIRDROP | Starknet Users and Contributors to Begin Receiving $STRK Airdrops on February 20 2024
The Starknet Foundation has revealed its strategy for distributing its native token, STRK ($STRK), with...
Starknet Logo
ETHEREUM | A Look at the Starknet Ecosystem and the Upcoming Token Drop
Starknet is a layer-2 scalability solution for Ethereum aiming to provide high throughput, low latency,...
Crypto Owners in 2023 - BitKE
REPORT | Crypto Owners Globally Grew By Over 34% to 580 Million in 2023 Despite Macro Headwinds
The worldwide community of cryptocurrency owners increased by 34%, advancing from 432 million to 580...
Solana vs Ethereum
MILESTONE | Monthly NFT Sales on Solana OutPaced Ethereum for the First time in December 2023
The monthly sales volume of NFTs on the Solana network surpassed that of NFTs on Ethereum in December...
Vitalik Buterin
REALITY CHECK | Crypto Has Become a Haven for Degen Gamblers, Few Talk About Crypto Payments Anymore, Says Ethereum Founder
In a popular blog post titled ‘Make Ethereum Cypherpunk Again,’ Ethereum Founder, Vitalik...
lido finance
EXPLAINER | A Look at Liquid Staking with Lido Finance on Ethereum
Staking is a process where cryptocurrency holders lock up their assets to support the operations of a...
Camerron Ethereum meetup
FRANCOPHONE AFRICA | ETHCameroon Meetup Elicits Large Public Interest
Many African youth continue to be drawn to the Ethereum community if a recent meetup dubbed #ETHCameroon...
BLAST
MILESTONE | Newly Launched Ethereum Layer 2, Blast, Draws Over $500 Million in Deposits in a Few Days
Blast, a recently launched Ethereum layer-2 blockchain, experienced an unusual surge in assets with an...
Visa Launches Visa Africa Fintech Accelerator Program to Empower Startups in Africa
Visa has unveiled its latest initiative, the Visa Africa Fintech Accelerator program, aimed at supporting...
South African Exchange, Xago, Launches a U.S Dollar Stablecoin and a Revolutionary App
Xago, a South African XRP-only exchange, has announced the launch of its stable coin, XUS, which is pegged...
5 Changes Elon Musk Will Be Bringing to Twitter - Crypto Scams is One of Them
Elon Musk will be joining Twitter’s Board of Directors after taking a 9.2% stake in the social media...

FINTECH

FINTECH AFRICA | Web3-Backed Chimoney Acquires Nigerian Social Payments App, Scrim
Chimoney, a global payment solutions provider backed by Techstars and headquartered in Canada, has successfully...
Nigerian Fintech Startup, BridgeCard, raises $440K to Support Crypto Wallets in Select African Countries
Nigerian fintech startup, Bridgecard, has raised a $440, 000 pre-seed funding round to expand its user...
FINTECH | Kenya's Payd App Wins Mozilla Innovation Grant to Develop Payment Platform for Freelancers and Creatives
Payd, a fintech startup that provides a payment platform catering to freelancers and creatives, was one...
African Startups Have Gone On to Raise $1.5 Billion Post YC - 2/3 Went to Nigeria
The fintech sector once again dominates tech investments in Africa representing 43% out of all 90 investments...
FUNDING | Crypto & Blockchain Category in Africa Received the Least Fintech Funding in H1 2023, Reveals Latest Report
According to data gathered by Afridigest’s Fintech Transactions Database for the first half of...
Kenya's Patika is Latest Entrant into Y-Combinator [YCS22]
Welcome to YC S22, @sidneyrema_, @jumaphelix, and team @PatikaAfrica! Patika helps small businesses in...
Canza, an African NeoBank and DeFi On/Off-Ramp, Secures $3.27 Million Seed Funding
Canza, an emerging markets neobank that is building the world’s largest non-institutional-based financial...

REGULATION

FSCA - South Africa
REGULATION | South Africa Approves 59 Operating Licences for Businesses in Africa's First Crypto Regulatory Regime
The Financial Sector Conduct Authority (FSCA) of South Africa has approved 59 operating licences for...
Binance Exchange
REGULATION | Nigeria Wants to Know Binance Top 100 Users and Transaction Records for the Last 6 Months
According to a report by the Financial Times, Nigeria is actively seeking information from Binance concerning...
Nigeria Arrests Binance Officials - BitKE
'We Are Working to Bring Nadeem and Tigran Back to their Families,' Binance Says of Officials Detained in Nigeria
The two Binance officials who were detained by the Nigerian government in its ongoing crackdown on the...
Richard Teng, CEO, Binance
REGULATION | Nigerian Parliament Issues Warning to Binance After CEO, Richard Teng, Continues To Ignore Summons
The Chairman of the Nigerian House of Representatives Committee on Financial Crimes has threatened to...
CBK
LIST | Central Bank of Kenya Grants Licenses to 19 More Digital Lending Companies Bringing the Total to 51
The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32...
Binance Exchange
REGULATION | Binance Discontinues All Naira Services Starting in March 2024
Binance, which continues to be under investigation in Nigeria, has announced that it will disable all...
BICCoN - BitKE
REGULATION | The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) Calls on the Government to Responsibly Regulate Virtual Assets
On February 22 2024, it was reported in the media that Nigeria ordered telecommunications companies (telcos)...
FATF Listing
REALITY CHECK | How FATF Grey Listing Affects a Country's Financial and Economic Environment
In February 2024, the Financial Action Task Force (FATF) added Kenya and Namibia to its global list of...
Binance
'I Said Our Government May Impose Heavy Fines on Binance . . . I Never Said it Would Definitely Be $10 Billion,' Says Nigerian Government Official
  Binance has refuted a claim by the Nigerian government ordering the world’s largest cryptocurrency...
Nigeria-on-the-Map
REGULATION | Crypto Exchanges to Stop StableCoin Sales in Nigeria Amid Apparent Crackdown
Several crypto companies in Nigeria, including Binance, are discontinuing the purchase of USDT and USDC...
Kenya Power - BitKE
REGULATION | Kenya's Major Electric Utility Parastatal Gets Legal Approval to Accept Payments in Dollars Following 'Significant Forex Losses'
Kenya Power Company has received approval from the regulator and government to bill some of its customers...
FATF - BitKE
REGULATION | Kenya and Namibia Latest African Countries Added to Financial Action Task Force (FATF) Grey List
The Financial Action Task Force (FATF) has added Kenya and Namibia to its ‘grey list’ of...

BANKING

FUNDING | Nigerian Debt Collection Startup, BFREE, Raises $3 Million to Scale Operations in Africa
Nigerian fintech, BFREE, has raised $2.95 million, in a round led by Capria Ventures, as it looks to...
REALITY CHECK | How FATF Grey Listing Affects a Country's Financial and Economic Environment
In February 2024, the Financial Action Task Force (FATF) added Kenya and Namibia to its global list of...
HOW TO | How To Transfer Money From Bank Account To Orange Money In Botswana
The Orange Money Card2wallet service enables registered Orange customers to transfer money from their...
BANKING | Kenyan Banks Begin Sharing Customer Information with the Revenue Authority on Foreign Account Holders
Kenyan banks have initiated the sharing of information regarding foreign account holders with the Kenya...
FIFA Collect
LAUNCH | FIFA Set to Launch Inaugural NFT Collection for 2023 Club World Cup
REGULATION | Mauritius Publishes Consultation Paper on Metaverse for the Financial Services Sector
The Mauritius Financial Services Commission (FSC), the regulatory authority responsible for the regulation,...
3 Ways How Event Organizers Can Benefit from POAP NFTs to Manage Events and Build Fan Loyalty
Proof of attendance protocol, often shortened to POAPs, function as digital badges you can collect at...
Facebook Begins Testing Ethereum and Polygon NFTs on User Profiles
Meta, the parent company of Facebook, Instagram, and WhatsApp, has started a slow rollout that allows...

FRANCOPHONE AFRICA

ANNOUNCING | Strike Announces Initial Entrance into 7 African Markets for Bitcoin and USDT On and Off-Ramping to Local Currency
REPORT | Francophone Africa Was the Only African Region to Demonstrate YoY Growth in Number of Deals and Investor Participation in 2023
NORTH AFRICA | BDO Morocco Advisory Partners with Naoris Consulting to Offer Blockchain Security Solutions in Morocco and Francophone Africa
PARTNERSHIP | Coinbase to Sell USDC Across Africa in Collaboration with YellowCard
FUNDING | Cameroonian Fintech, Koree, Closes $200,000 in Funding
LIST | Here Are the 17 African Countries Going to the Ballot in 2024

EDUCATION

Bitcoin Halving Explained
EXPLAINER | The Most Anticipated Cryptocurrency Event of 2024, The Bitcoin Halving, Explained
Every four years, the amount of Bitcoin rewarded to cryptocurrency miners is halved in a process aptly...
2024 Halving - BitKE
REPORT | Bitcoin Evolving to Something Even More Significant Ahead of 2024 Halving, Says GrayScale
In a new analysis, crypto asset management firm, GrayScale, says that Bitcoin’s technical fundamentals...
Bitcoin Open Interest as of March 2024 - BitKE
BITCOIN | 'The Crypto Market is Getting Away with Itself,' Analyst Warns as Bitcoin Open Interest Breaks ATH
Open interest in Bitcoin surged to $31 billion on March 4 2024 surpassing the previous record of $24.3...
Bitcoin - 1280
HOW TO | How to Create a Personalized (Vanity) Bitcoin Address
A Bitcoin address is a string of alphanumeric characters that represents a destination for Bitcoin transactions....

DAOs

CALL FOR APPLICATIONS | Announcing the $5 Million Core Africa Innovation Fund - Empowering Local Web3 Builders
Core DAO is excited to introduce the African Innovation Fund, a groundbreaking initiative to provide...
The Celo Africa DAO Goes Live with 3 Main Focus Areas
Celo has finally unveiled a regional DAO which is expected to drive adoption of the blockchain in grassroots...
Next Phase of Project Khokha, South Africa's CBDC, to Explore Interoperability and 'DAO Principles'
The South Africa Reserve Bank (SARB) will be exploring multiple use cases involving a wholesale CBDC...
Introducing the Kamusi DAO Project - Creating a Swahili Web3 Dictionary for Africa
The Kamusi DAO Project is an initiative which aims to create a Kiswahili Web3 dictionary that represents...

CENTRAL BANK DIGITAL CURRENCIES (CBDCs)

Gluwa Meets President of Liberia
IN PICTURES | Blockchain Solutions Platform, Gluwa, Meets President of Liberia as it Explores Developing a CBDC for the Country
Blockchain-based financial platform Gluwa says it is currently investigating the potential of developing...
Central Bank of Nigeria Gluwa Partnership
PARTNERSHIP | Central Bank of Nigeria Partners with Blockchain Solutions Provider, Gluwa, to Integrate Credit Rating Tech to e-Naira CBDC
The Central Bank of Nigeria (CBN) has finalized a Memorandum of Understanding (MoU) with Gluwa Nigeria...
CBDC - Eswatini
REPORT | Bank of International Settlements Advises Central Banks, Including in Africa, to be Wary When Outsourcing CBDC Development
Central Banks are being advised to prepare to adequately meet the ‘far-reaching implications’...
Economics of Digital Currencies - Website Thumbnail
CBDC | The Fear of Commercial Banks that a CBDC Could Lead to Disintermediation is Real, Says Central Bank of Nigeria
In a new book titled ‘Economics of Digital Currencies’ by the Research Department of the...
Project mBridge - Website Thumbnail
CBDC | Global CBDC Platform, mBridge, Plans to Launch a Minimum Viable Project in 2024
China-led global CBDC platform, mBridge, intends to introduce a minimum viable project in the middle...
eCedi-on-Phone
CBDC | The eCedi is Token-based and Built on the Hedera Hashgraph Network, Says Bank of Ghana
The Bank of Ghana has taken a different approach to building its CBDC with news emerging that the Bank...

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