LATEST NEWS

NORTH AFRICA | Bitget Introduces Arabic Support on its Platforms in North African Expansion Drive

NORTH AFRICA | Bitget Introduces Arabic Support on its Platforms…

Bitget, a leading cryptocurrency exchange from Singapore with over 20 million users in over 100 countries, has introduced Arabic language support for more than eleven countries in…

Bitcoin in 2023
BULL MARKET | Bitcoin Has Gained by Over 100% in 2023, Market Dominance Crossing 50% for First Time in 2 Years
CoinFlip ATM
SOUTH AFRICA | Leading American Crypto ATM Firm, CoinFlip, Installs 9 Crypto ATMs in South Africa
Lightning-Network
BITCOIN | Coinbase to Integrate Lightning Network for Faster and Cheaper Bitcoin Payments

OPPORTUNITIES

CALL FOR APPLICATIONS | Fuse Unveils $10 Million Grants Program to Power Web3 Innovation
Fuse Network, a trailblazer in Web3 payment infrastructure, recently unveiled its pioneering $10 million...
CALL FOR APPLICATIONS: GITCOIN GRANTS 19 | Gitcoin Issues Call for African Software and Community Builders to Apply to its Public Goods Africa Fund
Gitcoin, a crowdfunding platform that leverages blockchain to fund open-source projects, primarily those...
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...
USE CASE | How Bitcoin Mining is Being Used to Increase Access to Electricity in Africa
Did you know that approximately 600 million Africans (43%) do not have access to electricity and neither...
P2P | Coinbase CEO Lists 11 Exciting Ideas Worth Building Today - a Decentralized P2P Exchange for Emerging Markets is One of Them
Cryptocurrency is a realm where innovation thrives, and Brian Armstrong, CEO of Coinbase, is at the forefront...

REPORTS

Coinbase-CEO-Brian-Armstrong
LIST | Coinbase Leads Top 20 Crypto Lobbyists in the World
The cryptocurrency industry has spent a total of $56.44 million on lobbying efforts in the United States...
Black Founder Standing with a Laptop in an Office
REALITY CHECK | Black Founders in the U.S. Received Just 0.13% of Capital in Q3 2023
Black founders raised $39.7 million out of $29.9 billion of all capital allocated to U.S. startups in...
Mastercard Report on Cross-border Payments - Website Thumbnail
REPORT | Digital Mobile Apps Leading and Driving Cross-Border Payments Ecosystem, Says MasterCard
The cross-border payment ecosystem – comprising financial transactions between senders and recipients...
Spot Trading in 2023
REPORT | Binance Spot Trading Volume Has Declined to 40% in 2023, Says Latest Report
Binance, the leading global cryptocurrency exchange, has experienced a decline in its market share in...
African Founders
REPORT | African Startup Founders Urged to Furnish Regular Reporting Updates to Their Investors
Seventy-one percent of technology investors in Africa would be reluctant to invest further in a startup...
e-Commerce & Retail
REPORT | Retail and e-Commerce Industry Has the Highest Number of Companies Accepting Crypto Payments, Study Reveals
New study reveals the sectors that offer cryptocurrency as a payment method:   The Retail &...
Global Startup Ecosystem Index 2023
REPORT | South Africa and Mauritius Lead Africa in Ranking of Top 100 Startup Countries, Reveals Global Startup Ecosystem Index
A new report by StartupBlink shows South Africa, at number 53 globally, and Mauritius (61) as the top...
blockchain compensation survey
REPORT | Only 3% of Digital Asset Professionals Get Paid in Crypto Despite 90% Working Remotely, Reveals Latest Pantera Capital Survey
A new October 2023 report by Pantera Capital reveals that crypto workers are distributed worldwide as...
Latitude59 - Website Thumbnail
EVENT [DECEMBER 6 2023] | Kenya to Host Latitude59 Tech Conference and Pitch Competition, to Include Discussion on Digital Assets

ETHEREUM

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...
Base Bootcamp
CALL FOR APPLICATIONS [DEADLINE: DECEMBER 15 2023] | Base Bootcamp Accepting Applications from Experienced Developers Looking to Transition to Web3
Base, the Ethereum layer-2 solution by Coinbase, has announced the launch of an eight-week training course...
Reddit Alien
REALITY CHECK | Why Reddit Terminated the Crypto Community Points Project and Looks to Reward Users in Cash Instead
According to a post on Reddit by a member of its Community team, the social platform will put an end...
Uniswap Android Application
LAUNCH | Uniswap Launches Wallet for Android (Beta) with Interesting Features
Uniswap has announced the launch of a beta version of their wallet application on Android, previously...
Ethereum Node
REALITY CHECK | A Look at Developments on Ethereum - One Year After Transitioning to Full Proof-of-Stake (PoS)
September 15 2023 marked exactly one year since the Ethereum blockchain conducted the Merge, whereby...
OpBNB
LAUNCH | Binance Set to Launch Layer 2 EVM-Compatible Scaling Solution for BNB Chain Built on Optimism Stack
Binance, is set to launch opBNB, a Layer 2 scaling solution aimed at substantially enhancing the processing...
PayPal on Mobile Phone
LAUNCH | PayPal Launches Dollar-Backed Stablecoin, PayPal USD (PYUSD), on the Ethereum Blockchain
  PayPal, a prominent player in the payment industry, has announced the introduction of a stablecoin...
mara testnet
Mara Launches Testnet as it Transitions into Mara Chain, an Ethereum Layer 2 Blockchain
Mara, the Africa focused crypto startup, has announced the launch of its testnet for its highly anticipated...
Optimism goes superchain
Optimism Launches Toolkit for Developers to Build L2 Blockchains
Optimism, the Layer 2 scaling solution for Ethereum applications, has undergone a name change and is...
Uniswap Launches NFT Aggregator Platform, Promises Better Prices, More Listings
Uniswap has introduced an NFT aggregator platform promising users the opportunity to trade NFTs across...
P2P Bitcoin Trades on Paxful Rose to $185 Million in Nigeria (Q1 2022) Despite Crypto Ban
Nigerians traded approximately $185 million worth of bitcoin between January and March 2022 on Paxful,...
[VIDEO] Utu Technologies - Building a Trust Engine Infrastructure On the Blockchain in Kenya
Utu Technologies, which is building a Trust Engine Infrastructure on top of the Aeternity Blockchain,...

FINTECH

Kenya's Patika is Latest Entrant into Y-Combinator [YCS22]
Welcome to YC S22, @sidneyrema_, @jumaphelix, and team @PatikaAfrica! Patika helps small businesses in...
Kenyan Fintech, Power, Raises $3 Million Seed Round to Expand into Zambia and Kenya
Power, a financial technology company based in Kenya, has secured a $3 million seed funding round led...
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...
You Might Soon Be Able to Hold Crypto on Your Google Pay Wallet
Web 2 behemoth, Google, has revealed that it has a keen interest in the unfolding web 3 experience by...
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...
Ivory Coast Mobile Money Startup, Julaya, Raises $5 Million to Expand into Francophone Africa
Julaya, which positions itself as a payment solution for companies in the Ivory Coast, has raised $5...

REGULATION

NALA_Kigali_Press_Conference-1536x1097
REGULATION | Tanzanian Fintech, NALA, Acquires Payments Service Provider (PSP) License from National Bank of Rwanda
East African payments company, NALA, has been granted approval by the National Bank of Rwanda for a payment...
Tether
MILESTONE | Tether Voluntarily Freezes $225 Million in Stolen USDT - The Largest Ever Freeze of USDT in History
Tether has announced the freezing of approximately 225 million in USDT tokens in external self-custodied...
nigeria police
REGULATION | Nigerian Politician Arrested in Connection with Patricia Exchange Security Breach
The Nigeria Police Force says it has arrested politician, Wilfred Bonse, for allegedly engaging in laundering...
CZ
REGULATION | Binance Admits to Wrongdoings, to Pay $4 Billion Penalty as Founding CEO Steps Down
Binance CEO, Changpeng Zhao (CZ), is stepping down from his role after admitting to engaging in anti-money...
Coinbase-CEO-Brian-Armstrong
LIST | Coinbase Leads Top 20 Crypto Lobbyists in the World
The cryptocurrency industry has spent a total of $56.44 million on lobbying efforts in the United States...
Ethiopia
INTRODUCING | Fayda, the New Ethiopian National ID, to Be Primary Identification for Banking Services
Ethiopia has taken the next step to introduce a new national identification scheme after the government...
Loan Apps in Nigeria - Website Thumbnail
REGULATION | Nigeria Registers and Approves 211 Loan Apps and Delists 45 from the Google Play Store
The Nigerian federal government, through the Federal Competition and Consumer Protection Commission (FCCPC),...
South Africa
REGULATION | South Africa Adopts the Crypto-Asset Reporting Framework (CARF) Global Standard to Crack Down on Crypto Money Laundering
South Africa is among 48 countries or territories adopting a Common Reporting Standard to enhance efforts...
Kenya on the Globe
TAXATION | Kenya Still Missing Out on Crypto Tax Revenue Despite 3% Levy on Crypto Players
Kenya is missing out on tax revenue from the cryptocurrencies sector since players in the sector are...
Flutterwave Licensed in Malawi
REGULATION | Malawi Reserve Bank Grants International Money Transfer License to Flutterwave
Flutterwave, a Nigerian payments technology company, has received official authorization to facilitate...
parliament of kenya
REGULATION | Kenyan Parliamentary Committee Requests Blockchain Association of Kenya to Draft a Crypto Bill
In a groundbreaking development, a Kenyan parliamentary committee has directed the Blockchain Association...

BANKING

INTRODUCING | Fayda, the New Ethiopian National ID, to Be Primary Identification for Banking Services
Ethiopia has taken the next step to introduce a new national identification scheme after the government...
MOBILE MONEY | Safaricom M-PESA Deposits Surpass Most Kenyan Banks, Becomes Largest in Client Base
Kenyan telco, Safaricom, is one of the largest financial players in the country if the latest data is...
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...
Bitcoin NFTs - Ranking - Website Thumbnail
Bitcoin Now the Second Most Dominant Blockchain for NFTs Following Ordinals Hype
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

AfCFTA | African Countries to Adopt Pan-African Payment and Settlement System (PAPSS) by February 2024
LAUNCH | African DeFi On-Off-Ramp, Canza Finance, Launches Baki, a Synthetic Stablecoin Platform for African Currencies on Avalanche
FRANCOPHONE AFRICA | Cameroon’s COVA AFRICA Wins 6th Edition of the CATAPULT: Financial Inclusion Africa Program – Togo Edition
FRANCOPHONE AFRICA | Founders of 'The Key to Success' Crypto Scam Reportedly Vanish with $1.6 Million Customer Funds in Central African Republic
LIST | Koree Wins 2023 Ecobank Fintech Challenge - A First for Francophone Africa and Cameroon

EDUCATION

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...
Bitcoin DADA Graduation
[WATCH] Kenya's Bitcoin DADA Graduates Latest Cohort of Women Bitcoiners on Africa Bitcoin Day
Bitcoin DADA, a women centric entity that is working towards educating African women into Bitcoin, celebrated...

DAOs

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...
Celo Community Approves a Regional DAO in Africa with Projects to Support Grassroots Builders
The Celo Community has approved the formation of a community DAO in Africa with the stated goal of scaling...

CENTRAL BANK DIGITAL CURRENCIES (CBDCs)

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...
eNaira
CBDC | Central Bank of Nigeria Refutes Claims that eNaira is a Threat to Nigeria's Financial Stability
The Central Bank of Nigeria has published a press release refuting news reports that claim the eNaira...
Mauritius
CBDC | Bank of Mauritius to Launch Digital Rupee Pilot in 'Upcoming Months'
The Bank of Mauritius is moving forward with its efforts to launch a central bank digital currency (CBDC),...

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