Tag: African crypto market

Telegram Wallet Aims to Conquer African Markets with IvoryPay Alliance

Telegram Wallet and Ivorypay, an African crypto payment startup, unveiled a strategic partnership to dominate the African crypto market. IvoryPay uses QR...

Kenya suspends Worldcoin iris scan registration

Worldcoin has faced a halt in Kenya as the government raises concerns about privacy and security risks The Kenyan authorities have suspended Worldcoin's...

Blockchain and crypto revolutionizing Africa’s digital financial landscape

Blockchain technology can solve Africa’s financial needs—precisely the disruption needed to level the playing field. This parallel financial structure can serve a tangible social good, offering an onramp to Africa’s financial landscape for people who would otherwise be excluded. The local currencies’ depreciation in Africa has made them no longer a safe store of value. While remittances comprise a hefty portion of GDP, international sanctions complicate linkages to the global economy. Thus, blockchain and crypto can offer a lifeline for the survival of Africa’s financial landscape.

Top six compliance and legal jobs in the cryptocurrency market

There is a high demand for legal and compliance professionals in the cryptocurrency industry The Cryptocurrency market is expanding across the globe with...

Fan tokens foster symbiotic relationship between celebrities and their supporters

Fan tokens have been gaining fame amongst users in the Web3 world over the past year These tokens are quite different from the...

Bitcoin ordinals and how they work

Bitcoin ordinals permit the inscription of digital assets, such as artwork, onto the Bitcoin network. The first month of 2023 saw the introduction...

Blockchain technology and its frontier in 2022

Blockchain technology has enabled permissionless networks that anyone can use, creating the perfect environment to build economic incentives Blockchain developers fused blockchain technology...

Nigeria shifts to accept cryptocurrency as a source of revenue

On February 5 2021, the Central Bank of Nigeria released a ruling that ordered all financial institutions to stop facilitating crypto transactions with...

Bitcoin catches the cold as crypto winter lowers its price again

Marred with hacks, scams and crashes, there are better years than 2022 for the crypto ecosystem Bitcoin has taken a heavy hit, and...

The Middle East North Africa region lands deal with Abu Dhabi Global Market on blockchain venture

According to Chainanalysis, the Middle East North Africa (MENA) region is among the fastest-growing crypto market within the crypto ecosystem There is the...

2022 bear market, a haven for opportunities for Africa’s crypto market

Countries such as Nigeria, currently leading Africa in crypto, have taken significant steps in utilizing the potential of crypto African DeFi organizations...

African blockchain innovators: The minds behind Africa’s top DeFi projects

Hilda Moraa started Weza Tele, a mobile solution firm in distribution, supply and financial services Chipper Cash's innovation came to fruition when the...

Yellow Card: First African exchange platform to get a nationally recognised virtual assets trading license

Yellow Card has done it again by becoming the first ever African exchange to receive a Virtual Asset Service Provider Licence to operate...

The unique factors driving the growth of crypto in sub-Saharan Africa

Overall, the growth of crypto in Sub-Saharan Africa will continue, provided inhabitants continue facing challenges that crypto has demonstrated it can solve. The solutions offered by crypto include preserving savings in periods of economic volatility and aiding cross-border remittances in places with strict capital controls.

Does Africa really depend on Web3 or does Web3 owe Africa a great deal

Blockchain technology functions on a similar principle of decentralization since It's a network of securely, transparent, and verifiable information stored on thousands of...

The partnership between Fuse and ChromePay will boost the web3 economy in Africa

Fuse has stated that its partnership with ChromePay intends to improve blockchain-powered payments in Africa. The improvement can overcome significant faults in the current payment system. This includes exorbitant transaction costs, excessive intermediation, regional fragmentation, frequent lack of platform compatibility, chargebacks, hidden interest, and other issues.