Tag: effects of the crypto winter
The Network Effect theory and its advantages to Africa’s web3 network
The Network effect theory states that the value of a product or service increases based on an increase in users.
Bitcoin's value...
Chipper Cash forced to lay 12.5% of its staff
In 2021, Chipper Cash application had over 4 million active users across Kenya, Uganda, Rwanda, etc.
Chipper Cash fired more than 12.5%...
Kraken crypto exchange fined US$30 million for violating crypto regulations
On February 9, the US SEC stated that Kraken had failed to register offer and sale of their crypto staking-as-a-service.
The Kraken crypto...
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...