LATEST NEWS

REPORT | Money Laundering Through Cryptocurrencies Fell Substantially in 2023, Fiat Off-Ramping ‘Important in AML,’ Says Chainalysis

REPORT | Money Laundering Through Cryptocurrencies Fell Substantially in 2023,…

  In 2023, illicit addresses sent $22.2 billion worth of cryptocurrency to services, which is a significant decrease from the $31.5 billion sent in 2022, an upcoming…

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
Introducing BitKey
LAUNCH | Introducing BitKey, a Self-Custodial Bitcoin Wallet, Now Available in 21 African Countries

OPPORTUNITIES

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...
CALL FOR APPLICATIONS | Safaricom M-PESA Accelerator Program Now Open for Early-Stage Fintechs and Content Startups in Kenya
Safaricom, M-PESA Africa, and Sumitomo Corporation have initiated the application process for the newest...
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...
EXPLAINER | How Liquid Staking Protocols Have Revolutionized Staking for Everyone
In the past, engaging in staking necessitated a substantial initial investment, typically in the tens...
EXPLAINER | A Look at Liquid Staking with Marinade Finance on Solana
Staking is a process where cryptocurrency holders lock up their assets to support the operations of a...
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...

REPORTS

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...
2023 Developer Report - Sub Saharan Africa
REPORT | 4% of All Blockchain Developers Globally Are in Sub-Saharan Africa, Says 2023 Developer Report
Cryptocurrency projects experienced 22,411 monthly active open-source developers in 2023, the latest...
Dar Blockchain Hedera Hackathon
NORTH AFRICA | Here Are The Winners of the Inaugural African Hedera Hackathon in Tunisia

ETHEREUM

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...
FUNDING | Nigerian Embedded Finance Fintech, Anchor, Raises $2.4 Million After 30% MoM Revenue Growth
Anchor, a fintech startup specializing in embedded finance and supported by Y Combinator, has successfully...
REPORT | Binance and Coinbase Continue to Dominate the Crypto Industry with Largest Supply Statistics in 2023
Binance and Coinbase continue to stand out as the world’s top cryptocurrency exchanges, both in...
EziPay and MFS Africa Partner for Improved Last-Mile Connectivity for Remittances Across Africa
EziPay, an African digital wallet company, and MFS Africa have announced a partnership with the aim to...

FINTECH

Jumo's $120 Million Raise to Drive Expansion into Nigeria and Cameroon
JUMO, a fintech with a special focus on emerging markets, recently raised $120 million as top investors...
Africa Remains the Most Expensive Region to Send Money To, Reveals Latest World Bank Report
Value of Remittances over the Years The average cost of sending remittances to Africa dropped slightly...
The Capital Markets Authority of Morocco Launches Fintech Portal to Accelerate Fintech Innovation
The Moroccan Capital Market Authority (AMMC) has launched a fintech support service portal accessible...
[PODCAST] How Jamborow is Building a Blockchain-based Inclusive Fintech Platform for Africa with Moses Onitilo
 We caught up with Moses Onitilo, Co-Founder and CTO of Jamborow, an all-inclusive fintech platform...
PayPal Obtains Full Crypto License and Opens App to Transact with Other Crypto Wallets
In a blog post, PayPal said it will now support the native transfer of cryptocurrencies between PayPal...
Kenya's MarketForce Raises $40 Million to Scale Up the Super App for Africa's Informal Settlements
In a blog post, Kenyan startup Marketforce, a B2B platform for retail distribution of consumer goods...
REPORT | African Blockchain Startups Decrease to 5.5% as Fintech Ventures Increase Over 17% in 2023
The number of active fintech-focused blockchain startups in Africa have declined between 2021 and 2023,...

REGULATION

Proposed South African Policy on Crypto Reporting - BitKE
REGULATION | South Africa May Soon Require Crypto Operators to Report Transactions Over $2,650
South Africa is considering amendments to its Financial Intelligence Centre (FIC) Act to mandate reporting...
Map of Kenya. Detail from the World Atlas. Selective Focus
REGULATION | Kenya Seeks Crypto Regulation to Avoid FATF 'Grey List'
Kenya is in the process of developing fresh regulations to oversee the trading of cryptocurrencies like...
Binance Africa Leads
Q&A | An Exclusive Chat with Binance Africa Team Leads on Regulation, Licensing, and Growth on the Continent
BitKE got to an exclusive chat with the Binance Leads for Africa – Hannes and Nadeem – to...
Zimbabwe on African Map
AFRICAN CURRENCY | Zimbabwe Considering Backing Currency with Gold to End Exchange Rate Instability
Zimbabwe is considering backing its currency with gold to end exchange rate instability, Finance Minister,...
Map of Kenya. Detail from the World Atlas. Selective Focus
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...
MMM Krypto - BitKE Thumbnail
REGULATION | South African Regulator, FSCA, Warns Public Against Unlicensed MMM Krypto Scheme
The Financial Sector Conduct Authority (FSCA) has issued a cautionary statement to the public, advising...
FSCA - South Africa
REGULATION | South African Regulator, FSCA, to Start Issuing First Batch of Crypto Licenses
South Africa’s Financial Sector Conduct Authority (FSCA) is set to grant licenses to crypto asset...
Paymob Accept
NORTH AFRICA | Egyptian Fintech, PayMob, Receives Inaugural International Fintech PSP License from the Central Bank of Oman
PayMob, a leading fintech in North Africa, has obtained the Payment Service Provider (PSP) license from...
Google on Coin Trusts and Shares
REGULATION | Google to Allow Advertising for Cryptocurrency Shares and Trusts From February 2024
Starting January 29 2024, Google will permit advertisers to promote U.S. ads related to ‘Cryptocurrency...
Bitcoin ETF Approved - Website Thumbnail
MILESTONE | 'We Do Not Approve Nor Endorse Bitcoin,' Says United States SEC as it Approves 11 Spot Bitcoin ETFs
The United States Securities and Exchange Commission (SEC) has granted official approval for the listing...
Bitcoin Crosses 45K
BULL RUN | Bitcoin Crosses $45,000 Ahead of a Bitcoin ETF Approval Deadline
The value of Bitcoin (BTC) has surpassed $45,000 for the first time in almost two years. This uptick...

BANKING

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...
BITCOIN | Standard Chartered Predicts Bitcoin to Reach $200,000 by 2025, Thanks to ETFs
  Global bank, Standard Chartered, anticipates that the price of Bitcoin (BTC) could approach nearly...
MILESTONE | Kenyans Deposited a Record $6.3 Billion in SACCOs in 2023, Thanks to Digital Adoption
Deposits by Kenyans in Savings and Credit Co-operative Societies (SACCOs) have crossed KES 1 trillion...
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

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
FRANCOPHONE AFRICA | ETHCameroon Meetup Elicits Large Public Interest

EDUCATION

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....
The Lightning Network Bitcoin
BITCOIN | 3 Key Challenges Slowing Down the Adoption of The Bitcoin Lightning Network
The Bitcoin Lightning Network has seen growing adoption since its inception in 2018, accumulating a total...
Bitcoin Dada Students
FUNDING | Kenya's Women-Centric Bitcoin Education Initiative, Bitcoin DADA, Receives $10,000 Donation in BTC from Samara Asset Group
Bitcoin DADA, a women centric entity that is working towards educating African women into Bitcoin, has...
Btrust Builders
FUNDING | Qala, the Bitcoin Developer Initiative for African Developers, Becomes First African Acquisition by BTrust
Qala, dedicated to training African Bitcoin and Lightning engineers, has been acquired by Btrust, a non-profit...

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)

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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