News

Crypto adoption and usage in Africa soars despite challenges

In terms of finance, cryptocurrency has helped Africans catch up with other countries on a continent with emerging states. Crypto is a competitive marketplace for everybody, and access is not restricted to a select few.

The Weeknd-Binance world tour integrates NFTs, Web3 to battle food crisis

To help launch the XO Humanitarian Fund, The Weeknd made an initial donation of US$500,000 to the program. In addition, the multi-award winning star is contributing US$1 from each ticket sold in the anxiously awaited After Hours Til Dawn stadium tour. The World Food Program USA's Board of Directors, together with donors, will contribute US$1 million in recognition of the fund's lifesaving impact,

Future Of Web3 For Africa

We recognize the need to tackle both technical and non-technical challenges to make sure web3 is adopted in full across Africa. While challenges still exist for the African continent in opening up this exciting new chapter for Web3, I know with partnerships such as that just announced by Sankore and NEAR Foundation, those challenges can be addressed head-on and efficiently over the coming years.

What Cardano envisions for Africa

This year, Cardano's DeFi lending service targets to encourage over 1.3 billion people to adopt cryptocurrencies In September 2022, it plans to invest...

The Evolution of Digital Asset Marketplaces in a Web3 Economy

The digital asset landscape has been evolving over the past decade since blockchain technology made it possible to exchange value digitally. This was not...

How the Federal Reserve affects the entire cryptocurrency market

  In the face of the UST collapse, US Treasury Department Secretary Janet Yellen said there is an urgent need to regulate stablecoins. After...

Crypto Valley launches African blockchain early-stage fund

Crypto Valley Venture Capital, commonly known as CV VC, is launching a fund to promote African blockchain entrepreneurs The fund will invest in...

The Lightning Network: A critical tool to the success of crypto in Africa

The Lightning Network is a second-layer payment protocol that operates on top of a blockchain that intends to solve the scalability problems of...

IMF to assist El Salvador in bitcoin currency implementation despite past stance

President Nayib Bukele has bought over 2,301 Bitcoin. The total purchases cost about US$104 million that he has taken for it from public funds ...

The Humanity Protocol: A blockchain-based platform eradicating poverty in Africa through community service

Blockchain is penetrating through to every sector in Africa, from health, governance, agriculture, and data storage, among many other sectors Technology has addressed...

The fall of bitcoin adoption in the Central African Republic

Bitcoin's success as a legal currency in the CAR looks unachievable in the short term The Central Africa Republic surprised the world by...

The Best Crypto Exchange Platforms in Africa

There are many crypto exchange platforms in Africa, but which one is the best for you? Additionally, each crypto exchange platform has its...

Why Cardano is investing in African Blockchain Solutions

Cardano Sees Africa Ripe for Investment Cardano's blockchain technology is aimed at building solutions for the African marketplace Why Cardano is betting on...

Addressing humanity through blockchain technology

A blockchain can record the provenance of portable assets, food, and even job recommendations. It can also record charitable donations tied to specific...

Why Nigerians should be wary of Central Bank Digital Currencies

Nigerians need to be wary about the eNaira primarily because the bad and ugly sides outweigh the excellent side of this currency Unlike...

How bitcoin is advancing the human race

The human race will only progress towards achieving civilization under these three significant dynamics; commonalities in language, communication methods, and monetary systems. The...