Africa
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DCG Associate Luno To Lay Off 35% Of Its Workers
A Digital Currency Group (DCG) member, Luno, recently revealed its plans to cut down its workforce by 35%. Consequently, about…
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ARK Purchases Coinbase Shares Worth $17.6M as COIN Continues Rally
In recent months, Cathie Wood, the CEO of the investment management firm ARK Invest, has embraced cryptocurrency prospects with a…
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South Africa Mandate Crypto Advertisements to Warn Investments Have Inherent Risk
The recent self-regulation code in South Africa directs social media influencers to refrain from offering trading advice on crypto investment…
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James Gwertzman Resigns From Crypto VC Firm Andreessen Horowitz
James Gwertzman announced his resignation by the month’s end after being the general partner for a year plus at Andreessen…
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Africa’s Web3 Game Developer Secures $27M Funding
Carry1st, an African Web3 gaming startup, has completed a $27 million funding round backed by venture capitalists Andreessen Horowitz, Bitkraft…
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Morocco Set To Take Off With Crypto Regulatory Bill In 2023
Morocco is preparing to present its newly drafted cryptocurrency bill to interested and concerned regulatory bodies before implementation. Final Stage…
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Nigerian CBDC E-Naira Witnesses 0.5% Adoption Rate
The Nigerian Federal Government’s digital currency, E naira, has been used by less than 1% of the country’s citizens. This…
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Nigeria Set To Make Bitcoin And Crypto Usage Legal With A New Bill
Babangida Ibrahim, who is the chair of the House of Representatives Committee on Capital Markets, and institutions have made a…
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Global Bitcoin Adoption Rises As Bitcoin-Related Searches Soar In 2022 – Report
While the future of Bitcoin and other cryptocurrencies remains uncertain, it’s clear that they have gained a significant level of…
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Central African Republic Postpones The Launch Of Sango Coin
In an official statement released earlier today, the Central African Republic (CAR) stated that it would postpone listing Sango coin…
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Cardano’s New Project Will Further Boost Web3 Adoption
The race to take the lead in developing the Web3 ecosystem is multiplying among the major blockchain platforms. Accordingly, a…
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A BTC Mining Project Provides Power For A Rural Community In Kenya
A hydro-powered cryptocurrency mining company working in Africa has achieved a significant feat for a rural community in Kenya. The…
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Ripple Labs CEO Says Ongoing Crypto Crisis will Make Crypto Sector Stronger than Ever
Ripple executive is sticking to the axiom of “What does not kill you makes you stronger” for the DeFi sector.…
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Gender Inequality: Women Are Not Recognized For Their Effort In The Metaverse, Survey Shows
According to the research using demographics carried out by consulting firm McKinsey, women spend more time on the metaverse platform…
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UAE Regulator Taps Blockchain Technology To Accelerate Commercial Judgements
Federal Decree, a United Arab Emirates-based judicial authority, has embraced blockchain technology while targeting to save costs and time in…
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Ripple (XRP) Partners With Africa Fintech Company To Provide ODL Services
Ripple announced a new partnership with MFS Africa, a fintech company in Africa, with the goal of creating on-demand liquidity…
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