Tag: crypto coins

Stringent penalties imposed on unlicensed crypto companies in South Africa

If any Crypto firms do not comply with the new guidelines, they will face a fine of $510,000 or up to 10 years...

Regulatory pressure forces closure of the Unbanked fintech venture

In 2022, the unbanked Fintech attracted nearly $1.5 million from 1500+ investors due to its zeal for the trade. The Unbanked Fintech...

Uganda takes a positive step towards crypto regulation

Uganda's Bitcoin trading volume ranged between $50,000 and $60,000 monthly, despite there existing a ban imposed by the government Noah Baalessanvu, a crypto...

Bitcoin Pizza Day 2023, celebrating 13 years after first BTC transaction

The Bitcoin Pizza Day celebrates the first-ever Bitcoin transaction anniversary on May 22 every year. The first BTC transaction was made by Laszlo...

Westpac Bank bans Binance exchange from Australia

Westpac Bank has announced the official ban of Binace from the Australian Payment Service. Westpac Bank teamed with the National Australia Bank to...

Zimbabwe sells millions of gold-backed cryptocurrency despite IMF caution

Despite the International Monetary Fund (IMF) warning, the Reserve Bank of Zimbabwe has successfully sold 14 billion Zimbabwean dollars' worth of gold-backed cryptocurrency. ...

Crypto philanthropy: Increasing unity towards charitable giving

Crypto philanthropy has several benefits over traditional charitable giving, including greater transparency and accountability, more efficient transactions, lower fees, increased accessibility, and global...

EU parliament overwhelmingly vote for crypto regulation

European Union (EU) legislators voted 517-38, with 18 abstentions, to establish a new cryptocurrency regulation framework. Additionally, the European Parliament approved the Transfer...

Metamask wallet introduces a feature to warn against scams

If you attempt to send cryptocurrency from your Metamask wallet to a flagged wallet, Metamask will show you a warning message that indicates...

Five things you must know before buying your first cryptocurrency

Treatment centres worldwide are now considering cryptocurrency trading as a fast-growing addiction, with some asking for as high as US$90,000 to treat the...

Africa’s potential for becoming a crypto mining hub

An efficient crypto mining industry can generate more employment opportunities in Africa as demand for miners, blockchain experts, and technology specialists increases. This incentivizes countries to improve their energy and technological infrastructure to accommodate crypto operations. Such improvements can significantly benefit other industries and economic well-being. African countries must seize the opportunity to become a crypto mining hub. This can help develop the digital economy, the financial standing of the citizens, and the energy production infrastructure. Accordingly, African governments can invest in cryptocurrencies and get alternative funding to develop renewable and alternative energy sources.

Russia’s aim to offset the dollar’s global dominance impacts the world of crypto

The dollar still maintains its dominance with a margin, with 60 per cent of foreign exchange reserves supported by central banks held in...

Binance-Showmax patnership tags crypto adoption to the increasing video streaming market in Africa

Binance has held over 50 community-based events across Africa with KOLs, merchants, users and other stakeholders. Showmax is highly popular within the continent,...

Direct Property Africa Token helps investors to virtually own property across African cities

The Direct Property Africa Token (DPAT) is a digital token that represents an ownership stake in a portfolio of income-generating properties across Africa ...

Bitcoin Copies: The different types of bitcoin forks

Mike Hearn launched Bitcoin XT, the first notable Bitcoin copy, in 2014 to implement several new changes. A bitcoin hard fork is a...

Avoiding cryptocurrency giveaway scams

A crypto giveaway scam is a type of fraud in which scammers promise to give away large amounts of cryptocurrency in exchange for...