crypto winter Archives - Web 3 Africa

Revix Exchange: The Road to Redemption Through Asset Recovery

Revix Exchange had invested 24% of its total client assets in the South Korean company. On October 2, Haru Invets stated their...

News November 4, 2023

Is the NFT Marketplace failing after a decade of success?

Africa's NFT market had a total revenue of $3420.4 million, according to Research and Markets. The global sales of NFT in...

Featured October 6, 2023

Is the third largest crypto exchange, Kraken, facing bankruptcy?

Initially, Kraken acquired $5 million in a Series A round of Funding. Kraken had to release at least 1100 employees from its branches...

News February 22, 2023

South Africa’s Luno crypto exchange forced to cut of 35% of its staff to survive

Luno recently announced its plans to lay off 35% of its Workforce on the 1st of February. In 2020, DCG officially purchased...

News February 8, 2023

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...

News January 26, 2023

Metropolitan Bank succumbs to crypto winter

Metropolitan Bank announced that it intends to end all crypto-related services due to the long-standing effects of the crypto winter The Metropolitan Commercial...

News January 16, 2023

Crypto Winter into an ice Age in 2023

According to David Marcus, CEO of Lightspark, a Bitcoin-focused company, the crypto is showing no signs of warming up. The direct Bitcoin/Crypto price...

News January 4, 2023

Web3 2022 review; How NFT, Crypto and the Metaverse intertwine

Cryptocurrency is by far the highlight of Web3 in 2022 Metaverse provides a virtual environment akin to the real world, while cryptocurrency...

News January 2, 2023

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...

News December 20, 2022

Kraken lays of 1100 employees following the crypto crash outweigh

Kraken is among the first crypto exchange platforms to pioneer the Golden Age of Bitcoin alongside Mt Gox Over 1100 employees will lose...

News December 3, 2022

Will the crypto market ever recover from the crash

Through 2021, the crypto market was very volatile, with bitcoin plunging almost 50 per cent between April and July. So far, in 2022, the...

News November 28, 2022

Upcoming crypto winter: How will it affect Africa’s crypto ecosystem

The first ever recorded crypto winter was experienced in 2018 after crypto made it to the mainstream When a crypto winter comes knocking,...

News October 17, 2022

Tag: crypto winter