Posted inNEWS Regulations
South Africa Eyes Stablecoins and Blockchain to Enhance Digital Payment Efficiency
The 2024 budget review of South Africa emphasized the necessity for structural changes and a…
Posted inNAIRA RATE NEWS Trends
Binance Denies Manipulating Nigerian Naira Despite ‘Glitch’ Impacting P2P Traders
Bayo Onanuga, a special adviser to Nigerian President Bola Tinubu, On February 21, made damning…
Posted inEconomy NEWS Regulations
CBN debunks Alleged Plans to Convert $30 Billion Domiciliary Deposits into Naira.
The bank said the allegation is false and only aims to trigger panic in the…
Posted inEconomy NAIRA RATE Regulations
Nigerian Bureau De Change Blames it’s shutdown on Crypto P2P Emergence
Although Nigerians involved in FX transaction prefer using crypto due to ease and speed, analysts…
Posted inBitcoin Blockchain Trends
With just 76 Days to the halving event, Bitcoin mining difficulty hits new ATH
Mining difficulty for bitcoin has increased by 7.33% but the collective hash rate of the…
Celsius initiates repayment of more than $3 billion to creditors.
Celsius Network has declared its emergence from bankruptcy after an eighteen-month process, finalizing its reorganization…
Posted inExchange NEWS Regulations Trading
Backpack Exchange: Bankruptcy lawyer says FTX only plans to fully repay customers and will not restart the exchange
After the exit of FTX, the defunct exchanges' formal executives launches Backpack Exchange. “The costs…
Solana’s January transaction volume hits a two years Monthly high
Transaction volumes on the blockchain have surged notably higher compared to the levels observed throughout…
Posted inNAIRA RATE NEWS Regulations Trading
Naira/USD Nosedives to New Lows, But Central Bank Governor Says it is ‘Undervalued’
Naira has reached an all-time low of #1500 per dollar, but central governor, Olayemi Cardoso,…
Posted inAirdrop Crypto Campus NEWS Trends
Protocols distribute over $700M in token airdrops in a week.
AltLayer led the pack with a $100 million token airdrop to its initial users. with…
Posted inNEWS Regulations
Regulations; Nigerian analysts urges the SEC to rework its licensing guidelines
With the licensing requirement in vogue, local exchanges may either have to merge with the…
Posted inBitcoin Economy NEWS Regulations
Regulations: South African Crypto Regulators Will Start Issuing out first Set Of Licenses
Roughly 50 cryptocurrency firms are currently in the process of awaiting approval for their applications.…
Posted inBitcoin NEWS Technology Trends
86 Days to Bitcoin Halving. Here is what to expect
With just 86 Days left for the 4-year-long event to occur, the question remains– what…
Posted inFundraise NEWS Regulations Trading Trends
Traders Speculate On Dogecoin as ‘XPayments’ account gains 100K followers in a day
Although X hasn’t confirmed exactly what payment functions it plans to incorporate, traders seemingly speculate…
Bitcoin Nose Dives under $39,000 triggering $115M liquidation in 1 hour
Bitcoin’s dip below the $39,000 mark results in significant liquidations totalling approximately $115 million in…
Posted inNEWS Stablecoins Trading
Stablecoins Surpasses Bitcoin As The Preferred Currency For Illicit Transactions
A Chananalysis report has revealed that stablecoins have now become the digital currency of choice…
Posted inEconomy NEWS Regulations Trading
Regulations; Morocco Central Bank Says Crypto Draft Law Is Ready
The proposed legislation provides a specific definition for cryptocurrency in the Moroccan context and seeks…
Posted inEconomy General News NEWS Regulations Trends
2023 Crypto Regulation: Highlights of Africa’s Most Significant Crypto Regulations in the last year.
The growth of cryptocurrencies in Africa is happening at a very fast pace. On the…
5 African Projects Receives Over $600,000 In Optimism’s RetroPGF Funding
Optimism Foundation released over $100 million in funding for over 501 builders in the Ethereum…
Posted inEconomy Fundraise NEWS Regulations
Egypt prepares to launch a CBDC by 2030
As per an economic expert from Egypt, a central bank-issued digital currency is considered more…