LATEST NEWS

LIST | Here are the 75 Crypto Firms Granted CASP Licenses by South African Financial Watchdog, FSCA

LIST | Here are the 75 Crypto Firms Granted CASP…

  The Financial Sector Conduct Authority (FSCA) has granted licenses to 75 institutions, marking South Africa’s inaugural batch of licensed crypto asset service providers. The full list,…

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

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...
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...
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...
EXPLAINER | A Look At the World's Largest Bitcoin ETF
The approval of spot Bitcoin ETFs by the SEC marked a significant milestone, introducing a more accessible...

REPORTS

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,...
Youth Readiness Report - BitKE
REPORT | Kenya Tops East Africa Youth Digital Readiness Index Followed Closely by Rwanda
Kenya has been ranked at the top position in the 2023 Eastern Africa Youth Digital Readiness Index, followed...
Africa Fintech LIVE Event - BitKE
FINTECH EVENT [MAY 2024, NAIROBI, KENYA] | EventHive Set to Host Africa Fintech Stakeholders

ETHEREUM

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,...
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...
4 Out of 13 Projects Graduating from the Binance Labs Incubation Program are African
Binance Labs, the venture arm of leading cryptocurrency exchange Binance, has announced 13 programs that...
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...
[IN PICTURES] A Look at the Inaugural StarkNet Meetup in Kenya
Starknet, is an open-source framework designed to enhance scalability and privacy for decentralized applications...

FINTECH

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...
MoniePoint, Nigeria's Largest Non-Bank Mobile Money Platform, Evolves into a Business Bank to Fill SME Gaps
Nigerian fintech startup, TeamApt, is relaunching its Moniepoint product as a business bank in a bid...
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...
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...
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....
INTRODUCING | Nigerian Web3 Startup, NestCoin, Introduces Onboard, a Seedless Self-Custody Wallet for Africa
NestCoin has announced the launch of Onboard, a digital finance platform aiming to provide modern, world-class...
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...

REGULATION

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...
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...
NIMC Unveils Plans to Launch a National ID - BitKE
IDENTITY | Nigeria's NIMC to Introduce New Identity Card Integrated with Payments and Other Functions
The National Identity Management Commission of Nigeria (NIMC) says that a new digital ID card with multiple...
Zignaly Approved
REGULATION | Crypto Social DeFi Investment Platform, Zignaly (ZIGDAO), Secures Category 2 License from South African Regulator, FSCA
Crypto social investment platform, Zignaly (Now ZIGDAO), has secured a Category II license from the Financial...
Luno Building
MILESTONE | Luno Becomes the First Dedicated Crypto Service to Receive the South African Financial Services Provider License
Luno, one of South Africa’s leading providers of crypto services, has received official authorization...
UniSwap
REGULATION | Uniswap Decline Continues Ahead of Potential United States SEC Legal Action
Uniswap’s UNI token experienced a sharp decline after news emerged that the decentralized exchange...
Nigeria Arrests Binance Officials - BitKE
REGULATION | Nigeria Adjourns Case Against Binance Executive to April 19 2024
The case against Binance executive, Tigran Gambaryan, has been adjourned until April 19 2024, reports...
Bank-of-International-Settlements-BIS
REGULATION | Bank for International Settlements (BIS) Publishes Qualifying Features of Global Stablecoins and Proposed Regulation Recommendations
The Bank for International Settlements (BIS) has put forth recommendations for regulating ‘global...
Nigeria Arrests Binance Officials - BitKE
REGULATION | Binance Now Calls for Release of Detained Compliance Official By Nigerian Authorities
Binance, which remains embroiled in a crypto crackdown in Nigeria, has formally requested the authorities...

BANKING

IDENTITY | Nigeria's NIMC to Introduce New Identity Card Integrated with Payments and Other Functions
The National Identity Management Commission of Nigeria (NIMC) says that a new digital ID card with multiple...
FINTECH AFRICA | Nigerian Fintech, Mono, Partners with MasterCard to Enable Account-to-Account Payments
Nigerian fintech startup, Mono, has partnered MasterCard to introduce account-to-account (A2A) payments...
FUNDING | Nigerian Debt Collection Startup, BFREE, Raises $3 Million to Scale Operations in Africa
Nigerian fintech, BFREE, has raised $2.95 million, in a round led by Capria Ventures, as it looks to...
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...
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

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
FUNDING | Cameroonian Fintech, Koree, Closes $200,000 in Funding

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)

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...
CBDC-Coin
CBDC | Over 40% of Central Banks Expect to Implement CBDCs By 2028
41% of central banks involved anticipate implementing a functional central bank digital currency (CBDC)...
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’...

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