LATEST NEWS
MILESTONE | Telegram to Launch Own App Store in July…
The cloud-based messaging software, Telegram, will launch its own app store by the end of July 2024 after recording 950 million users, according to CEO and Founder,…
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MILESTONE | Telegram to Launch Own App Store in July 2024 After Crossing 950 Million Users -
REPORT | Bots Inflate Stablecoin Transactions from $265 Billion to $2.65 Trillion, Say July 2024 VISA On-Chain Analytics -
LAUNCH | South African DeFi Startup, NeoNomad, Launches ZARCoin Stablecoin Pegged to the South African Rand (ZAR)
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LIST | Top 10 African Countries that Received the Most Remittance Dollars in 2023 -
REPORT | Morocco Leads Globally as the Most Cash Reliant Country (74%) Followed by Egypt, Kenya
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FUNDING | Egyptian Fintech Unicorn, MNT-Halan, Raises a Further $157 Million After Achieving Over 20x Customer Growth -
MILESTONE | ETH ETFs Post Over $1 Billion Trading Volume 'Surpassing Expectations' on First Day of Trading -
REPORT | MemeCoin Creation Platform, Pump.fun, Collected $525,000 in Average Daily Fees, Says Solana Q2 2024 Report
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REGULATION | Mercury Digital Bank to Close Accounts of Startups in 13 African Countries Due to U.S. Federal Scrutiny -
FUNDING | Egyptian Fintech, DoPay, Raises $13.5 Million Series A Extension Following 'True Hockey Stick Trajectory Growth' -
REGULATION | Spot Ethereum ETFs Set to Launch After Final Approval From Regulators
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REGULATION | 'Forced De-Dollarization Measures Are Likely to Prove In-Effective,' IMF Official Says to Zambia -
FUNDING | South African Fintech, TurnStay, Raises $300,000 from Web3 Investors, DFS Lab and DCG, After Processing Over $30 Million
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REGULATION | Crypto Exchange, OKX, to Shut Down Services in Nigeria in August 2024 Due to Unfavorable Regulatory Conditions
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LAUNCH | HashLabs, Currently Operating in Ethiopia, Supports the Launch of a Decentralized Mining Pool for Institutional Bitcoin
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DEVELOPER PERSPECTIVE | How to Become a Solo Ethereum Validator -
LIST | A Look At the Coolest Hardware Wallets that Also Help Secure your Cryptocurrencies
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REPORT | Total Crypto Market Cap Fell By Over 14% in Q2 2024 with Meme Coins Dominating the Chart and Narrative
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REGULATION | Blockchain Tokenization Platform, OwnMali, Gets Admitted into the Capital Markets Authority of Kenya Regulatory Sandbox
OPPORTUNITIES
Web3 startup accelerator, CV Labs, has announced the launch of applications for Batch 07 of its program....
The pan-African Ecobank Group has opened applications for the 7th edition of its Fintech Challenge offering...
The Timbuktoo Fintech Startup Accelerator has issued a call out to citizens of the African Union (AU)...
Google has announced the opening of applications for the 8th cohort of its Google for Startups Accelerator...
The growth of cryptocurrency and blockchain technology has led to a huge number of jobs that are available,...
The cloud-based messaging software, Telegram, will launch its own app store by the end of July 2024 after...
The demand for stablecoins has picked back up in 2024, with circulating supply approaching $150 billion,...
South African DeFi startup, NeoNomad, has recently introduced ZARCoin (ZARC), a stablecoin pegged 1:1...
Remittance flows to Sub-Saharan Africa reached $54 billion in 2023, a slight decrease of -0.3% from the...
According to recent statistics, Morocco leads the world when it comes to cash payments. Based on data...
Egyptian fintech, MNT-Halan, has secured a new funding round of $157.4 million to further fuel its expansion...
REPORTS
The demand for stablecoins has picked back up in 2024, with circulating supply approaching $150 billion,...
According to recent statistics, Morocco leads the world when it comes to cash payments. Based on data...
Solana’s DeFi TVL fell by 9% QoQ to $4.5 billion, ranking it fourth among networks in Q2 2024, according...
After nearly breaching all-time highs in Q1 2024, the total crypto market cap returned some of those...
Blockchain startups in Africa attracted $135.4 million in venture capital funding in 2023, representing...
The Bank of Uganda (BOU) says it has initiated a Domestic Gold Purchase Program with the aims of mitigating...
Virtual assets continue to be used to support the proliferation of weapons of mass destruction as well...
Startups from the Middle East and North Africa (MENA) region raised $116 million in June 2024, declining...
Startups across Africa raised $780 million between January and June 2024 (H1 2024), a 31% decline compared...
Crypto losses to hacks and rug-pulls in the second quarter of 2024 doubled compared to the same period...
In a new report titled “From ripples to waves: The transformational power of tokenizing assets,”...
According to a new 2024 compensation report by Request Finance shard with BitKE, the Web3 sector is becoming...
Local Nigerians maintain interest in cryptocurrencies despite an ongoing crackdown on digital asset exchange...
Average consumer price inflation in Africa is estimated to have increased by 3 percentage points to 17...
A new report analyzing global startup activity has ranked Lagos as the leadin cityg in Africa, and 70th...
The International Monetary Fund (IMF) has been a constant participant in African economic activities...
Nigerian tier-1 banks earned N392 billion ($268 million) from electronic business in 2023 as the adoption...
According to PitchBook’s Q1 2024 report, the crypto industry saw a significant increase in fundraising...
ETHEREUM
The nine United States Ether Exchange-Traded Funds (ETFs) saw about $1.08 billion in cumulative trading...
ETH Exchange Traded Funds are set to launch on July 23 2024 after U.S. regulators gave their final approval...
Think about it for a sec, A blockchain is just a large single database that is not owned by anyone but...
The U.S. Securities and Exchange Commission (SEC) could approve exchange traded funds (ETFs) tied to...
Paxos International has announced the launch of Lift dollar, which it says is the first stablecoin to...
According to Kaiko Research, $ETH open interest reached an all-time high of $11 billion following ETF...
A host of Ethereum core contributors were recently in Nairobi, Kenya where they conducted some technical...
The United States Securities Exchange Commission granted accelerated approval to stock exchanges to list...
In the latest amendments to their applications, issuers aiming to launch spot Ether ETFs have clarified...
The price of Ether (ETH) surged by more than 10% after two prominent Bloomberg ETF analysts significantly...
Built on the NEAR blockchain, EA Kazi is an online teaching, learning and earning platform for Africans...
Botswana-based tech startups have been invited to take part in the Global Seedstars Competition –...
The National Identity Management Commission of Nigeria (NIMC) says that a new digital ID card with multiple...
FINTECH
The Central Bank of Kenya (CBK) says it will start regulating financial super apps such as Safaricom’s...
Waya, a cross-border, cross-network remittance and payment solution in Ghana, has partnered with Ripple...
Kippa, a financial management and payments platform for Nigerian SMEs, has announced it has raised...
Nigerian Agri Fintech, Tingo, Integrates DeFi Lending Protocol To Expand Financial Access to Farmers
Tingo International, the parent company of Tingo Mobile, an over-the-counter (OTC) listed public company,...
Lulalend, a South African fintech which offers digital lending services to small and medium-sized businesses...
As per a regulatory filing, MTN Nigeria has revealed that it has received final approval from Nigerian...
According to the 2022 LAVCA Trends in Tech report, VC investment in blockchain/crypto reached $653 million...
Egyptian startup, Swypex, has unveiled the rollout of its comprehensive financial services platform for...
REGULATION
The nine United States Ether Exchange-Traded Funds (ETFs) saw about $1.08 billion in cumulative trading...
Zambia’s proposed ban on charging foreign currency in local transactions — punishable with 10-year jail...
Popular crypto exchange, OKX, has announced it will be shutting operations in Nigeria in August 2024....
Blockchain startups in Africa attracted $135.4 million in venture capital funding in 2023, representing...
The Nigeria Police Force says it has arrested reported crypto billionaire, Linus Williams, popularly...
According to the new Reserve Bank of Zimbabwe Governor, John Mushayavanhu, the country now has $370 million...
The Tanzania Ministry of Tourism and Natural Resources has ordered that all fees and charges in the tourism...
Virtual assets continue to be used to support the proliferation of weapons of mass destruction as well...
National Information Technology Development Agency (NITDA) will develop the ‘Nigerium’ indigenous...
The Nigeria Security Exchange Commission (SEC Nigeria) requires Virtual Asset Service Providers (VASPs)...
The Financial Sector Conduct Authority (FSCA) of South Africa is currently running 30 investigations...
The [Central] Bank of Zambia has published plans to criminalize the use of foreign currency in the local...
BANKING
Mercury a popular banking partner for the startup world, says it will close the accounts of users in...
According to the new Reserve Bank of Zimbabwe Governor, John Mushayavanhu, the country now has $370 million...
The Bank of Uganda (BOU) says it has initiated a Domestic Gold Purchase Program with the aims of mitigating...
The CFA Franc was introduced on December 26 1945 to improve stability among French colonies after World...
Neil Leon De Waal, a South African associate of the controversial investment scheme GS Partners, was...
The Mauritius Financial Services Commission (FSC), the regulatory authority responsible for the regulation,...
Proof of attendance protocol, often shortened to POAPs, function as digital badges you can collect at...
Meta, the parent company of Facebook, Instagram, and WhatsApp, has started a slow rollout that allows...
FRANCOPHONE AFRICA
EDUCATION
Long before we used paper money, people used many different objects as money. One of the defining characteristics...
Bitcoin’s mining difficulty has surged to its highest level ever, occurring just over a week before...
Bitcoin exchange-traded funds (ETFs) on Wall Street experienced five consecutive days of net outflows...
The Human Rights Foundation (HRF) has allocated a total of $500,000 across 14 diverse projects worldwide,...
Every four years, the amount of Bitcoin rewarded to cryptocurrency miners is halved in a process aptly...
In a new analysis, crypto asset management firm, GrayScale, says that Bitcoin’s technical fundamentals...
Open interest in Bitcoin surged to $31 billion on March 4 2024 surpassing the previous record of $24.3...
DAOs
Core DAO is excited to introduce the African Innovation Fund, a groundbreaking initiative to provide...
Celo has finally unveiled a regional DAO which is expected to drive adoption of the blockchain in grassroots...
The South Africa Reserve Bank (SARB) will be exploring multiple use cases involving a wholesale CBDC...
The Kamusi DAO Project is an initiative which aims to create a Kiswahili Web3 dictionary that represents...
CENTRAL BANK DIGITAL CURRENCIES (CBDCs)
According to a post by the National Bank of Ethiopia, the country’s Council of Ministers has approved...
Rwanda is aiming to launch its own national Central Bank Digital Currency (CBDC) within the next two...
The Bank of Ghana (BOG) and the Monetary Authority of Singapore (MAS) have successfully completed a proof-of-concept...
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...
The South Africa Reserve Bank (SARB) has set a 2-year timeline within which to accelerate the selection...
The Central Bank of Mauritania (CBM) has entered into a partnership with security technology firm, Giesecke+Devrient...
SWIFT, the global bank messaging network, plans to develop a new platform to connect central bank digital...
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