Tag: african cryptocurrency

Mastering Crypto Investments: Understanding Market Cap Dynamics

The crypto market cap represents a crucial metric for understanding the value of a digital currency. There are over 26,000 cryptocurrency projects currently,...

Hong Kong central bank against Cryptocurrency firms applying banking terms

The HKMA has issued a warning to cryptocurrency businesses in Hong Kong, cautioning against the use of misleading banking terminology The region's laws...

Nigeria and South Africa: Leaders of the Crypto and Web3 Revolution in Africa

A staggering 99% of South Africans and 98% of Nigerians have heard of cryptocurrencies, surpassing all other countries in the YouGov study on...

Nigeria cryptocurrency exchange Patricia attracts massive scrutiny

Patricia's launch of its native token PTK has raised concerns due to past security breaches and fund access issues Users are skeptical about...

Tether unveils Bitcoin mining software to increase capacity

Tether is set to launch JavaScript libraries for Bitcoin mining hardware, potentially open-source Led by CTO Paolo Ardoino, Holepunch boosts Bitcoin mining efficiency...

Enhancing cryptocurrency knowledge in Africa

Part of the problem surrounding cryptocurrency adoption in Africa, besides the lack of reliable and affordable internet, particularly beyond urban areas, is the...

The legal perspective on Web3: Howey test and its impact on cryptocurrency

The Howey test is a legal test that assesses whether a transaction is an investment contract Howey test has a huge impact on...

Sarafu Network shows the impact digital currencies have in an economy

Community Inclusion Currencies are a unique application of digital currencies backed by the community's productive capacity The Sarafu Network is the combined collaboration...

Africa Blockchain Institute Hosts new program for blockchain developers

Africa Blockchain Institute, headquartered in Kigali, Rwanda, is an institute that has redefined blockchain education.  To aid in their endeavour, Africa Blockchain...

New Twitter has the potential to revolutionize crypto in 2023

On April 2022, Elon Musk stated that he would buy Twitter for $44 billion, an amount that the social media handle needed help...

El Salvador beefs up on the already existing Bitcoin Law

President Nayib Bukele added several laws advocating the incorporation of other digital currencies within the crypto ecosystem He stated that making Bitcoin legal...

LBank Exchange sets its eyes on Africa’s crypto goldmine

LBank announced the establishment of their new crypto investment fund that targets web3 development in Africa LBank has pushed several educational efforts in...

Nestcoin suffers from FTX collapse

Nestcoin set up a parent company whose primary function was to create, build and invest in products that would introduce crypto-evolving uses to...

How and why the crypto ecosystem is affected by FTX’s downfall

As 2022 rolled in, FTX was on a winning streak as its sales kept improving despite the looming crypto winter Bitcoin has suffered...

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...