LATEST NEWS

BITCOIN | ETF Flows Fall as Bitcoin (BTC) Wavers Post 2024 Halving

BITCOIN | ETF Flows Fall as Bitcoin (BTC) Wavers Post…

The recent drop in Bitcoin’s price might have raised concerns among those who anticipated a surge following the 4th Bitcoin halving. Since the halving on April 20…

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
Lightning Network
REPORT | Only Slightly Over 6% of Centralized Crypto Exchanges Integrated the Lightning Network in 2023

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...
INTRODUCING | A Look at FarCaster, the Rising Decentralized Crypto Social Network
FarCaster is a decentralized social platform running on Ethereum. It enables users to create profiles,...
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...
USE CASES | From Ride-Sharing to Sharing WiFi Hotspots - A look At Decentralized Physical Infrastructure Networks in Africa
DePIN, an abbreviation for ‘decentralized physical infrastructure networks,’ is gaining traction...
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...

REPORTS

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...
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...
MTN South Africa Shop - BitKE
MOBILE MONEY | MTN Mobile Money Records 32% Rise in Transactions for 2023
MTN Group Ltd. is actively pursuing a new round of investments in its fintech business which experienced...
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...
Dead Projects - 2024 Report - BitKE
REPORT | The Average LifeSpan of Crypto Projects is 3 Years
Since its inception, the cryptocurrency market has witnessed a considerable number of projects that failed....
Solana Dominates - BitKE
REPORT | Solana is the Leading Blockchain Ecosystem of 2024 So Far, Says CoinGecko
According to CoinGecko Research, the Solana network has emerged as the leading blockchain ecosystem of...
Ethiopian Flag Flies
REPORT | Chinese Bitcoin Miners Shift Focus to Ethiopia After 2021 Beijing Ban
After Beijing’s abrupt crypto ban in 2021, Chinese Bitcoin miners were forced out of their homeland....
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,...
Africa Fintech LIVE Event - BitKE
FINTECH EVENT [MAY 2024, NAIROBI, KENYA] | EventHive Set to Host Africa Fintech Stakeholders

ETHEREUM

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 $3,000, marking its highest point in nearly two years. This increase comes...
Staking Ethereum
MILESTONE | 25% of the Entire ETH Supply is Now Staked
Data from blockchain analytics firm, Nansen, shows that over 30 million Ether ($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,...
4 Kenyan Startups Building Innovative Solutions on the Celo Blockchain
Celo, a mobile-first blockchain focused on emerging markets, recently announced a $100 million program...
The 2020 Tony Elumelu Entrepreneurship Programme - 6th Edition - Now Open to Blockchain Startups
The sixth edition of the Tony Elumelu Entrepreneurship Programme (TEEP), which will provide 1,000 startups...
M-PESA, Africa's Leading Mobile Money Service, Expands International Remittance Services in Partnership with eCommerce Giant, Amazon
Kenyan mobile money service, M-PESA has entered a strategic partnership with global e-Commerce company,...

FINTECH

Nigerian Fintech Startup, Pivo, Raises $2 Million Seed Round to Expand Product Offerings Beyond 500 SMEs
Nigerian startup, Pivo, has closed a $2 million seed round from several investors including Precursor...
Ivory Coast Fintech, Djamo, Raises $14 Million to Expand Across Francophone Africa - Currently Has Over 500K Users
Ivory Coast-based consumer fintech, Djamo, has raised $14 million in an investment round led by Ycombinator,...
The Central Bank of Kenya Re-Introduces Mobile Money and Bank Transaction Charges
The Central Bank of Kenya has said it has re-introduced charges for transactions between mobile money...
Afriex, a Nigerian Blockchain Money Transfer Service, Raises $10 Million in Series A Funding
Nigerian Fintech startup, Afriex, has closed a $10 million Series A round to expand its blockchain money...
Nigerian Digital Bank, Kuda, Sees Losses Grow By Over 600% in 2021
Kuda Bank has reported a $14,214,681 loss for 2021, latest reports have reavealed. The report also shows...
[EVENT: FEBRUARY 23-24, 2022] Africa Tech Summit to Feature Key Tech Leaders in Africa
BitKE is proud to be a media sponsor of the 2022 Africa Tech Summit, which will be held in Nairobi, Kenya...
Kenyan Fintech, Kwara, Secures $3 Million Amid Exclusive Partnership with 4,000 Credit Unions
Kenyan fintech, Kwara, is looking to scale even further in 2023 following a new $3 million seed extension....

REGULATION

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...
FBI Alert on Crypto Money Services Businesses
REGULATION | FBI Warns Users Over Using Unregistered Crypto Services
The Federal Bureau of Investigation in the United States has cautioned Americans about the risks associated...
CBN Governor at IMF Spring Meetings in Washington in 2024 - BitKE
REGULATION | Nigerian Central Bank Forms Task-Force to Double Remittances, Lower Transaction Costs, and Standardize Compliance
The Central Bank of Nigeria has formed a task-force to double remittance inflows into the country from...
Q&A with Binance Compliance, South Africa - BitKE
Q&A | What FSCA Licensing for Crypto Assets Service Providers Means for South Africa - A Chat with Binance Compliance
In light of the recent announcements and recognition of crypto assets service providers (CASPs) by the...
Kenya on the Radar
REGULATION | Kenya Forms Multi-Agency Technical Group to Develop Regulatory Framework for Virtual Assets and Services
Kenya has formed a multi-agency technical group to develop a regulatory and monitoring framework for...
FSCA CASP Licenses - BitKE
LIST | Here are the 75 Crypto Firms Granted CASP Licenses by South African Financial Watchdog, FSCA
The Financial Sector Conduct Authority (FSCA) has granted licenses to 75 institutions, marking South...
FSCA - South Africa
REGULATION | South African Financial Regulator, FSCA, Opens Investigations into Online Trading Platform, Banxso
The Financial Sector Conduct Authority (FSCA) has opened a probe into ‘possible contraventions...
Binance Exchange
REGULATION | Binance Yet to be Served with Charges in Nigerian Case, Postponed to May 17 2024
A Nigerian court has postponed a tax evasion trial involving cryptocurrency exchange, Binance, and two...
AltCoinTrader Licensed - BitKE
REGULATION | South African Crypto Exchange, AltCoinTrader, Receives Category 1 and Category 2 Licences from FCSA
AltCoinTrader, a crypto asset service provider (CASP) based in South Africa, has become the latest crypto...
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...

BANKING

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...
MILESTONE | Aella Credit, Africa's First Lending Fintech to Enter Y Combinator, Becomes a Micro-Finance Bank
Aella Credit, a leading provider of credit and financial solutions in Nigeria, recently announced its...
Africa's $824 Billion Debt Burden and Opaque Resource-Backed Loans Hinder its Potential, African Development Bank President Warns
Africa’s immense economic potential is being undermined by non-transparent resource-backed loans...
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...
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

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
PARTNERSHIP | Coinbase to Sell USDC Across Africa in Collaboration with YellowCard

EDUCATION

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,...
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...

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)

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...
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...

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