Tag: digital assets

EMURGO Labs Unveils Ambitious Plans to Drive Web3 Evolution

EMURGO Africa has made a monumental leap in the blockchain sphere by launching EMURGO Labs. EMURGO Labs is poised to be the epicentre...

Mox Bank’s Strategic Leap into Cryptocurrency Investment and Bitcoin ETFs

Mox Bank is on the cusp of integrating cryptocurrency investment services and Bitcoin Exchange-Traded Fund (ETF) solutions. The advent of digital asset services...

Sony’s Breakthrough with Super-Fungible Tokens

 Sony Group is pioneering a revolutionary concept in the digital realm with its latest patent filing. Its super-fungible tokens offer gamers new...

Nexo Ventures into Dubai’s Crypto Landscape with VARA Preliminary Approval

Nexo has secured preliminary approval from Dubai's Virtual Assets Regulatory Authority (VARA). The firm remains committed to aligning its market strategies with...

Soriano Group Teams Up with Roomful to Lead Metaverse Innovation in Business

Soriano Group announces a groundbreaking partnership with Roomful to redefine the business landscape through the innovative application of gamification strategies. This bold initiative...

From Polygon to Avalanche: Sports Illustrated Tickets’ Bold Move in NFT Ticketing

Sports Illustrated aims to harness the power of nonfungible tokens (NFTs) through the Avalanche blockchain.   Avalanche Blockchain acquired a stake in Sports...

From Proof-of-Concept to Possibilities: Citibank’s Digital Asset Frontier

Citibank announced the successful completion of a proof-of-concept on private fund tokenization. Following Citi's announcement, Avalanche's AVAX coin witnessed a notable surge, reflecting...

The Stablecoin Stability Myth: Debunking Misconceptions and Understanding the Mechanics

Fiat-collateralized stablecoins maintain stability by holding fiat currency reserves in a secure custodian or bank account. Stablecoins have undoubtedly reshaped the landscape of...

Coinbase and Yellow Card Driving Digital Asset Adoption

Coinbase has sought after Yellow, a renowned African fintech company, to extend its reach within Africa's ecosystem. Coinbase will offer a more...

Société Générale Introduces EUR CoinVertible Amidst Stablecoin Surge

Société Générale, the third largest bank in France, has officially announced the release of EUR CoinVertible. the first euro-pegged stablecoins.  The upcoming Markets...

Fintech Frontier: Stitch’s “Pay with Crypto” Redefines South Africa’s Payments

"Pay with Crypto" transcends conventional limitations, presenting itself as a versatile solution applicable across diverse industries. Paycorp's new application, CryptoExpress, aims...

Cybersecurity Breach Shakes Kronos Research: $25 Million Crypto Loss Revealed

A hacker exploited compromised API keys at Kronos Research, a quantitative trading firm, making off with a substantial $25 million in crypto assets. ...

Paycorp Unveils CryptoExpress App for 3000 ATMs in South Africa

Since 1998, Paycorp has dedicated itself to resources and working to provide more accessible ways to send and receive money. Currently, there are...

Ripple Empowers Onafriq Fintech: Unleashing Cross-Border Payment Capabilities Across Africa

Ripple has partnered with Onafriq fintech to expand cross-border payment systems in Africa. On November 5th, 2023, MFS Africa officially rebranded to...

Revitalizing NFTs: Yuga Labs and Magic Eden’s Ethereum Venture Sparks Hope

Yuga Labs has partnered with a cross-chain NFT platform, Magic Eden, to launch a new Ethereum NFT marketplace. Yuga Labs has recently taken...

Parliamentary Directive: BAK’s Unprecedented Role in Crypto Bill Creation

Blockchain Association of Kenya received a two-month timeframe to draft a robust and standard crypto bill. The crypto bill will become the Virtual...