News

Metaverse in Healthcare: Redefining Africa’s medical sector

According to Accenture's digital health technology Vision 2022, nearly 81% of healthcare executives were on board with VR in the medical industry.  Through...

Proof of Reserve saves Africa’s crypto Industry from fake blockchain companies

Proof of Reserve or, in layman's language, crypto audits in blockchains are now the new criteria for secure blockchain companies. Africa's crypto...

Morocco’s rocky crypto journey

In November 2017, Morocco's Central Bank, the Bank of Al-Maghrib (BAM), released an official notice banning the use and distribution of any digital...

How to view crypto, stock and ETF charts directly on Twitter

You can search for charts for the leading stocks, Exchange Traded Funds and Cryptocurrencies within Twitter This brings the convenience of price charts...

Blockchain smartphones potential in Africa’s mobile Industry

The mobile usage rate in Africa has exponentially grown, leading to the growth of various industries such as Uber and Jumia Blockchain smartphone...

Truths and misconceptions of AI possibilities in DeFi

It is important to note that AI is not a replacement for human decision-making and is not an avenue for easy profits. AI...

Why African Blockchain startups need more incubators and accelerators

A blockchain incubator provides startups with the necessary space and resources to broaden their research. Blockchain accelerators offer the extra help that most...

How to spot a crypto pump-and-dump scam

The pump and dump scheme is a form of market manipulation in which a party or parties create interest in an asset that...

New rules for crypto advertising in South Africa

The Advertising Regulatory Board, added new clauses to its rules that guide cryptocurrency advertising The relative freedom with which crypto has operated in...

Has the 2022 crypto bear market ended

Given these actions, one cannot rule out that global authorities are preparing to confront the industry through legal and regulatory means. And if some of these companies lose their battles with the securities regulator, this could negatively affect cryptocurrency prices. As such, no one should be cracking open the Champagne just yet. Yes, prices have recovered to some extent in the past few weeks, but with the global economy still mostly slowing down its decline rather than showing real strength, it would be just too premature to conclude that the 2022 crypto bear market has ended.

Crypto trading in Africa on the rise despite challenges

So far, only a small portion of the population represents crypto adoption in Africa. If this trend continues, Africa is poised to be the next frontier of cryptocurrency adoption. Comparing the number of cryptocurrency owners against the country’s entire population across leading markets on the continent reveals that only 8.52 per cent of Kenya’s population is actively involved in crypto trading. South Africa, Nigeria, and Ghana follow closely at 7.11, 6.31, and 3.01 per cent, respectively. Consequently, many people remain curious to know how the crypto industry has transformed the payment landscape in Africa and the factors that have influenced the growth of crypto trading across Africa, even ahead of leading global markets.

Blockchain applications eliminating fraud in Africa

Blockchain has endless possibilities, from improving the healthcare industry to redefining the world's financial structure The unchangeable nature of blockchain applications significantly boosts...

Bankrupt crypto exchange platforms that intensified the 2022 crypto winter

The FDIC often ensures that if a bank falls, it can insure deposits allowing its users to access their funding. Unfortunately, bankrupt crypto...

Genesis joins the list of bankrupt crypto companies

The crypto lender Genesis initially started as a subsidiary of the Digital Currency Group by Barry Silbert in 2013. Genesis officially filed for...

South Africa inches closer to a CBDC fast follower nation

Speaking at the World Economic Forum in Davos, Switzerland, the governor outlined South Africa's plans to roll out a CBDC The apex bank...

Software, packages and tools you need to become a web3 developer

With the continued increase of web3 applications in Africa, the demand for developers in the continent is rising. To raise more developers in...