LATEST NEWS

REPORT | Ghana’s Mobile Money Ecosystem Grows 186% Following E-Levy Reduction, Says Bank of Ghana

REPORT | Ghana’s Mobile Money Ecosystem Grows 186% Following E-Levy…

Statistics from the Bank of Ghana show that the country’s mobile money ecosystem has expanded 186% between November 2022 and March 2024 when the e-levy was reduced…

One Billion Bitcoin Transactions - BitKE
MILESTONE | Bitcoin Hits One Billion Transactions Post 2024 Halving
Bitcoin Mining
MILESTONE | Bitcoin Transaction Fees Plummet After All-Time High Rates Post Halving
Bitcoin MemeCoin
INTRODUCING | Runes Protocol, 'Built for Degens and MemeCoins,' Goes Live on Bitcoin Blockchain Following the Halving
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

OPPORTUNITIES

CALL FOR APPLICATIONS | Google for Startups Accelerator Invites Applications from AI and ML African Startups for Cohort 8
Google has announced the opening of applications for the 8th cohort of its Google for Startups Accelerator...
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...
REPORT | Ghana's Mobile Money Ecosystem Grows 186% Following E-Levy Reduction, Says Bank of Ghana
Statistics from the Bank of Ghana show that the country’s mobile money ecosystem has expanded 186%...
MILESTONE | United States Securities Regulator Approves Listing of Ether ETFs on Major Stock Exchanges
The United States Securities Exchange Commission granted accelerated approval to stock exchanges to list...
How to Use APTOS RPC - Benefits and Cases
In the diverse landscape of blockchain technologies, some powerful tools are often overlooked. RPC nodes...
MILESTONE | Andela Celebrates a Decade of Impact - Accounts for 15% of Africa's Engineers
Andela, the world’s largest private marketplace for technical talent, is celebrating its 10th anniversary with...
REGULATION | Spot Ether ETF Applicants Commit to Not Staking $ETH Ahead of SEC Decision
In the latest amendments to their applications, issuers aiming to launch spot Ether ETFs have clarified...
REGULATION | Central Bank of Nigeria Withdraws Controversial Cybersecurity Levy on Eletronic Transactions
The Central Bank of Nigeria (CBN) has reversed its decision to implement a contentious 0.5% cybersecurity...

REPORTS

PitchBook Thumbnail - BitKE
REPORT | Crypto Fundraising Rose Over 40% in Q1 2024, Says PitchBook
According to PitchBook’s Q1 2024 report, the crypto industry saw a significant increase in fundraising...
MPESA
MILESTONE | The M-PESA Ecosystem Draws Over 60,000 Software Developers
M-PESA, the fintech platform operated by Kenyan telco, saw KES 40.2 trillion ($305.8 billion) worth of...
CEO of Equity Bank
BANKING | Kenyan Equity Bank Profits Rise 25% in Q1 2024 to Become the World's Second Strongest Financial Brand
Equity Bank Group saw a significant increase in net profit for the first quarter of 2024, rising to KES...
Remittance Prices Worldwide - BitKE
REPORT | Sub-Saharan Africa Remains the Most Expensive Region for Sending Remittances, Says Latest World Bank Research
The average cost for sending $200 across the world declined slightly from 6.20% to 6.18% in 2023, a new...
IMF
REGULATION | IMF Now Recommends for Crypto Regulation in Nigeria Similar to Financial Intermediaries
The International Monetary Fund (IMF) has recommended that global crypto trading platforms should be...
FBI Crypto Crime Report - BitKE
REPORT | Over 80% of All Investment Fraud Losses are Crypto Related, says Latest FBI Report
In 2023, the losses reported due to Investment scams became the most of any crime type tracked by the...
2024 Stablecoins Study by VISA - BitKE
REPORT | Bots Account for 90% of Stablecoin Transactions, Says VISA
Thanks to new data revealed by VISA, over 90% of stablecoin transaction volumes aren’t coming from genuine...
Y Combinator 2024 Top 50 Companies - BitKE
LIST | Senegalese Fintech, Wave, is the Only African Company Among Y Combinator's 'Top 50 Highest-Earning Startups of 2024'
For the second consecutive year, Senegalese fintech, Wave, was the only African company featured in Y...
Crypto VC Funding in Q1 2024 - BitKE
FUNDING | Venture Capital Investment in Crypto Sees Slight Resurgence in Q1 2024, Boosted by DePIN, Decentralized AI, and GameFi
During the first quarter of 2024, there was a notable resurgence in venture capital investment within...
One Billion Bitcoin Transactions - BitKE
MILESTONE | Bitcoin Hits One Billion Transactions Post 2024 Halving
The Bitcoin network hit a significant milestone on May 6 2024 when it completed its one billionth transaction....
Tether Q1 2024 - BitKE
MILESTONE | Tether Reports Record-Breaking $4.52 Billion Profit in Q1 2024
Tether Holdings Limited (BVI) released its assurance opinion for the first quarter of 2024, conducted...
The Kenya National ID
IDENTITY | Kenya Has Already Issued Over 700, 000 Individuals with New Digital Identity Cards
About 733,000 Maisha IDs are said to have been already issued to Kenyans, Kenyan officials say amid plans...
Fintech in Africa - Website Thumbnail
REPORT | Total Investments in African Fintech Startups Declined by 52% in 2023
African fintech startups saw a sharp decrease in venture capital investments in 2023, a new report reveals....
CB Insights Q1 2024 - BitKE
REPORT | Funding for Fintech Startups Across the World Declined 16% in Q1 2024
Funding for fintech startups experienced a 16% decline compared to the previous quarter despite overall...
MENA
NORTH AFRICA | Egypt Was One of the Leading Investment Destinations in MENA in March 2024
In March 2024, startups in the Middle East and North Africa (MENA) region secured $254 million through...
Africa Fintech LIVE Event - BitKE
FINTECH EVENT [MAY 2024, NAIROBI, KENYA] | EventHive Set to Host Africa Fintech Stakeholders

ETHEREUM

Ethereum ETF
MILESTONE | United States Securities Regulator Approves Listing of Ether ETFs on Major Stock Exchanges
The United States Securities Exchange Commission granted accelerated approval to stock exchanges to list...
Ethereum ETF
REGULATION | Spot Ether ETF Applicants Commit to Not Staking $ETH Ahead of SEC Decision
In the latest amendments to their applications, issuers aiming to launch spot Ether ETFs have clarified...
ETF
REGULATION | Spot Ether ETFs Now 75% Likely to Be Approved This Week, Say Analysts
The price of Ether (ETH) surged by more than 10% after two prominent Bloomberg ETF analysts significantly...
Ukraine,,Odessa,-,October,,9,2021:,Hand,Holding,Mobile,With
REGULATION | United States Notifies ConsenSys of Legal Action Against MetaMask as it Labels ETH a Security
The United States Securities and Exchange Commission (SEC) has shared Wells Notice with ConsenSys, the...
World Chain - BitKE
INTRODUCING | WorldCoin Set to Unveil the 'World Chain' Blockchain Following Explosive Layer 2 Growth
WorldCoin says it will unveil a new blockchain ‘designed for humans’ known as World Chain....
Hong Kong Bitcoin and Ether Spot ETFs
INTRODUCING | Hong Kong Becomes the First Global Financial Hub to Authorize Bitcoin and Ether Spot ETFs
Hong Kong’s Securities and Futures Commission (SFC) became the latest jurisdiction to approve Bitcoin...
Eigen Layer
EXPLAINER GUIDE | A Look at EigenLayer - Restaking Ethereum to Earn More Rewards
EigenLayer, introduced on the mainnet in June 2023, comprises a set of smart contracts operating on the...
ImmuneFi Q1 2024 Report - BitKE Thumbnail
REPORT | Over $300 Million Lost to Scams and Hacks in Q1 2024 - 100% on DeFi and 51% on Ethereum
The cryptocurrency industry has incurred losses of $336.3 million due to hacks and scams during the first...
Solana vs Ethereum - BitKE
MILESTONE | Solana Surpasses Ethereum in Weekly Stablecoin Transfer Volume
Solana has surpassed Ethereum to claim the top position in weekly stablecoin transfer volume, making...
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...
How to Set Up Tips and Get Paid for Your Tweets in Crypto
Tips is a feature that lets you add links to select third-party payment services to your Twitter profile....
EXPLAINER GUIDE: How to Add Ethereum, Polygon, Solana NFTs to Your Behance Profile and Projects
At its Annual Max Conference in October 2021, Adobe revealed that creatives could now connect their crypto...
WeChat to Integrate the e-CNY Digital Yuan as CBDC Transactions Cross 100 Billion
Over 100 billion transactions had been transacted via China’s digital yuan by the end of August...

FINTECH

Ugandan Cross-Border Crypto-Fiat Money Transfer App, EverSend, Re-Brands as it Plots Growth
Eversend, the money transfer service co-founded by Ugandan entrepreneur, Stone Atwine, is rebranding...
Nigeria Crypto and Twitter Bans Came at a Cost to Millions of Young Nigerians, Says Latest UN Report
A new report, partly approved by the United Nations (UN) has stated that restrictions on cryptocurrency...
South Africa's PayMeNow Raises $14 Million from Rand Merchant Bank for Earned Wage Access (EWA) Platform
Paymenow, a South African startup that provides earned wage access (EWA), has secured a ZAR250 million...
[WATCH] Cameroon Crypto Startup, Ejara, Among 7 African Startups Selected as World Economic Forum's Technology Pioneers of 2022
In a blog post, the World Economic Forum (WEF) revealed its 2022 list of Technology pioneers with 7 Startups...
Africa Fintech Revenue Projected to Grow 13x and Top $50 Billion by 2030, Says Latest Report
Africa retains the potential to surpass the leading fintech regions if startups on the continent embrace...
LAUNCH | EMTECH Launches CBDC Innovation Kit for Fintech Companies After a Successful Bank of Ghana Collaboration
EMTECH, a software solutions company targeting central banks, recently launched its Central Bank Digital...
PayHippo's 97% Loan Repayment Rate in Nigeria is the Best of Any App in Africa
A recent tweet by Zach Bijesse, Co-Founder of PayHippo, a Nigerian lending app, has stirred up Twitter...

REGULATION

Ethereum ETF
MILESTONE | United States Securities Regulator Approves Listing of Ether ETFs on Major Stock Exchanges
The United States Securities Exchange Commission granted accelerated approval to stock exchanges to list...
Ethereum ETF
REGULATION | Spot Ether ETF Applicants Commit to Not Staking $ETH Ahead of SEC Decision
In the latest amendments to their applications, issuers aiming to launch spot Ether ETFs have clarified...
Nigeria on African Map - CBN
REGULATION | Central Bank of Nigeria Withdraws Controversial Cybersecurity Levy on Eletronic Transactions
The Central Bank of Nigeria (CBN) has reversed its decision to implement a contentious 0.5% cybersecurity...
United States House of Representatives
REGULATION | U.S. Legislators Pass FIT21 Establishing a Federal Crypto Regulatory Framework
The United States House of Representatives has passed a crypto market regulatory bill that could significantly...
EFCC Nigeria
REGULATION | Nigeria Raids FX Traders in the Black Market Across Major Cities, Revokes Thousands of Licenses
According to various local reports, officials from the Economic and Financial Crimes Commission (EFCC)...
Crypto Regulation
REGULATION | The Latest 2024 Regulatory Requirements for Digital Assets Exchanges and VASPs in Nigeria
The SEC, as the authorized entity, oversees the regulation of virtual and digital assets within Nigeria’s...
AlphaBloq Team
REGULATION | Blockchain Tokenization Platform, AlphaBloq, Gets Admitted into the Capital Markets Authority of Kenya Regulatory Sandbox
The Capital Markets Authority of Kenya (CMA Kenya) has admitted AlphaBloq Technologies Limited into the...
Richard Teng, CEO, Binance
REGULATION | Binance Not to Blame for Exchange Rate, Release Our Employee, Binance CEO Tells Nigeria
Richard Teng, the CEO of Binance, has called for the release of Tigran Gambaryan, the Binance official...
Bitcoin-in-Nigeria
REGULATION | Local Players Expect Nigeria to Ban Peer-to-Peer Crypto Trading Soon
A new crypto regulation that will ban peer-to-peer trading of cryptocurrencies is in the works in Nigeria...
Mara Executives with President Ruto
REGULATION | The Kenya Government Working with Marathon Digital on Cryptocurrency Regime and Bitcoin Mining
Kenyan President, William Ruto, recently disclosed that Bitcoin mining company, Marathon Digital Holdings,...
Binance-CEO-CZ
REGULATION | Binance Founder, CZ, Sentenced to Four Months in Jail For Enabling Money Laundering
Binance Founder and former CEO, Changpeng Zhao, has been sentenced to four months in prison after pleading...
South African Reserve Bank
REGULATION | South Africa Reserve Bank Sets a 2-Year Timeline to Accelerate Testing of Stablecoin Use Cases
The South Africa Reserve Bank (SARB) has set a 2-year  timeline within which to accelerate the selection...

BANKING

BANKING | Kenyan Equity Bank Profits Rise 25% in Q1 2024 to Become the World's Second Strongest Financial Brand
Equity Bank Group saw a significant increase in net profit for the first quarter of 2024, rising to KES...
INFLATION | Nigerian Naira Wipes Out April 2024 Gains to Become the Worst Performing Currency
After a brief stint as the best-performing currency in April 2024, the Nigerian currency has now relinquished...
CBDC | National Bank of Rwanda (BNR) Seeks Public Views on a CBDC Ahead of Possible Proof-of-Concept
The National Bank of Rwanda has released a questionnaire seeking views from the public about a Central...
BRICS | BRICS Wants to Introduce an Independent Payment System Based on Cryptocurrencies
BRICS, the group of nations that includes Egypt, Ethiopia, and South Africa is set to establish an independent...
Ghana Postal Launch
NFTs | Ghana's Postal Service Launches Inaugural Crypto Stamp to Mark Monarch's Coronation
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

LIST | Senegalese Fintech, Wave, is the Only African Company Among Y Combinator's 'Top 50 Highest-Earning Startups of 2024'
Africa's $824 Billion Debt Burden and Opaque Resource-Backed Loans Hinder its Potential, African Development Bank President Warns
INFLATION | MTN Divests its Ownership in Guinea and Guinea Bissau Due to High Inflation and Currency Devaluation
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

EDUCATION

Hard Dollars
[WATCH] Why Money Should Be Hard to Make
Long before we used paper money, people used many different objects as money. One of the defining characteristics...
Bitcoin Halving in Blue
MILESTONE | Bitcoin Mining Difficulty Reaches All-Time High as 2024 Halving Draws Closer
Bitcoin’s mining difficulty has surged to its highest level ever, occurring just over a week before...
Bitcoin ETF
BITCOIN | Bitcoin ETFs Collectively Lost Over $800 Million As Bitcoin Fell Last Week
Bitcoin exchange-traded funds (ETFs) on Wall Street experienced five consecutive days of net outflows...
HRF Bitcoin Grants
LIST | 2 Out of the 14 Recipients of the Latest HRF Bitcoin Development Grants are African Projects
The Human Rights Foundation (HRF) has allocated a total of $500,000 across 14 diverse projects worldwide,...

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)

Bank of Ghana Edit
CBDC | Bank of Ghana and Monetary Authority of Singapore Pilot Cross Border Trade Using the eCedi and Digital Tokens
The Bank of Ghana (BOG) and the Monetary Authority of Singapore (MAS) have successfully completed a proof-of-concept...
Rwanda on World Map
CBDC | National Bank of Rwanda (BNR) Seeks Public Views on a CBDC Ahead of Possible Proof-of-Concept
The National Bank of Rwanda has released a questionnaire seeking views from the public about a Central...
South African Reserve Bank
REGULATION | South Africa Reserve Bank Sets a 2-Year Timeline to Accelerate Testing of Stablecoin Use Cases
The South Africa Reserve Bank (SARB) has set a 2-year  timeline within which to accelerate the selection...
Mauritania - BitKE
CBDC | Mauritania Enters Agreement with Giesecke+Devrient to Develop the Ouguiya Central Bank Digital Currency
The Central Bank of Mauritania (CBM) has entered into a partnership with security technology firm, Giesecke+Devrient...
swift
CBDC | Standard Bank of South Africa Among 38 Global Entities Selected by SWIFT to Trial a Solution Connecting CBDCs
SWIFT, the global bank messaging network, plans to develop a new platform to connect central bank digital...
Gluwa in Ghana - BitKE
CBDC | Blockchain Solutions Platform, Gluwa, Meets Vice President of Ghana as it Explores Providing Adoption Support for the eCedi CBDC
In the company’s latest foray across the continent, Gluwa’s CEO, Tae Oh, paid a courtesy visit...

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