JOSEPH KANGETHE, Author at Web 3 Africa

JOSEPH KANGETHE

I am a tech, business, and investment news reporter covering Africa. Most of what is good in Africa is obscured by preconceptions, yet there is still a lot of good going on. Technology is what is driving the continent and this is my passion. For Africa, I share the stories that are important to Africans.

Standard Bank Group declares interest in the crypto market

Despite the 2022 crypto crash, the Standard Bank Group supported the CBDC initiative in Africa. In 2021, the Standard Bank Group successfully trailed...

News July 19, 2023

The advantages of DeFi over CeFi in financial management

DeFi has made it cheaper, more reliable and more decentralized to handle one's resources without the weight of heavy charges and the involvement...

News July 18, 2023

India and UAE agree to settle trade in Rupees ahead of BRICS summit

The two nations will settle trade using the India Rupee and drastically cut foreign exchange costs. Real-time payment system will allow for seamless...

News July 17, 2023

Crypto taxation report: IMF wages war against cryptocurrencies

IMF states that crypto ownership runs to tens of billions of dollars and is concentrated at the top, with most crypto investors having...

News July 12, 2023

Crypto loss statistics: Top secure wallets for safeguarding digital money

At the end of 2022, investors had misplaced over 4 million bitcoins (US$120.8 billion at current market pricing) Huge amounts of money have...

News July 10, 2023

Africa: stablecoins offer an efficient solution for cross-border remittances

Stablecoins remittances in Sub-Saharan Africa can be up to 20 times cheaper than standard money transfers.

News July 9, 2023

Government’s desperate measures to revive the severed Zimbabwean dollar as election nears

As the presidential election scheduled to take place on August 23, 2023 nears, President Emerson Mnangagwa’s government has come up with plans to...

News July 5, 2023

Poly Network hackers ‘create’ and sell $94.51 billion worth of tokens

They minted and sold $94 billion worth of Shiba Inu for 360 ETH, 495 million worth of COOK tokens ($COOK) for 16 ETH...

News July 3, 2023

The crypto experience: Top 5 must watch crypto films

"Cryptopia: Bitcoin, Blockchain and the future of the Internet" is a journey to understand decentralized technology and the promise of the new web...

News July 3, 2023

African governments heavily invest in empowering the digital economy

AfDB estimates the African digital wealth to expand from US$217 billion in 2022 to over US$1 trillion by 2031 The digital economy fund...

News July 3, 2023

AI- caused panic: The EU, the US House, governments ban use of AI tools

The United States, the European Union and governments across the globe have projected the dangers that the technologies it might cause and have...

News July 1, 2023

The US raises the debt ceiling, spells doom for the crypto market

Congress has raised the debt ceiling to US$31.4 trillion, with President Joe Biden signing the bill to allow the government to borrow and...

News June 13, 2023

CAR bitcoin failure: Is Africa ready to legalize cryptocurrencies

Bitcoin failure in CAR reveals loopholes that must be fixed before the continent is ready to adopt cryptocurrencies widely. The Central African country...

News June 5, 2023

Metamask taxation controversy: Is the wallet becoming centralized?

ConsenSys has come out to defend Metamask, stating that the claims about taxing cryptocurrency are untrue. The last statement has sent users wild...

News May 24, 2023

The Weeknd-Binance Tour commencing in June to address global food crisis

Binance announced that they would be the official sponsors of The Weeknd's "After Hours Til Dawn" tour The performance will be the first...

News May 15, 2023

The vulnerabilities plaguing Metaverse security

The thriving nature of the Metaverse has led to an increased number of scammers, fraudsters, zero-day attackers and crypto hacks. According to...

News April 18, 2023

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