Yellow Card and Coinbase: Paving the Way for Digital Finance in Africa

Yellow Card and Coinbase have joined forces to revolutionize access to digital currency and assets in Africa, marking a significant step toward financial inclusion on the continent. The collaboration involves the integration of the Yellow Card Widget into Coinbase Wallet, facilitating access to Yellow Card’s extensive payment network spanning 20 African countries. Key highlights of … Read more

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Crypto Market Surges into the New Year: Bitcoin Hits $45,000 Amid ETF Expectations

As the world welcomed 2024, the crypto market painted a bullish picture, with Bitcoin leading the charge by surpassing the $45,000 mark for the first time since early April 2022. The strong rally is attributed to favorable market conditions and mounting anticipation for the approval of a spot ETF for Bitcoin by the U.S. Securities … Read more

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Kenya’s Blockchain Association Tasked with Drafting Initial Crypto Bill and Public Education Campaign

Kenya’s National Assembly’s Departmental Committee on Finance and National Planning has engaged the Blockchain Association of Kenya (BAK) to play a pivotal role in creating the country’s first draft bill on crypto asset regulation. Additionally, the committee has requested the association to spearhead a comprehensive public education campaign aimed at demystifying cryptocurrency trading. Key Points: … Read more

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Binance Launches Web3 Wallet to Navigate the Decentralized Finance Landscape

In a significant move into the decentralized finance (DeFi) space, cryptocurrency exchange Binance has introduced a Web3 wallet designed to interact with the growing DeFi ecosystem. The announcement was made during the Binance Blockchain Week conference in Istanbul. Competing Across 30 Blockchain Networks The newly unveiled Web3 wallet is set to operate seamlessly across 30 … Read more

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Botswana’s President Champions Blockchain for Ethical Diamond Sourcing

Mokgweetsi Masisi, the President of Botswana, just dropped some wisdom at ‘The Facets 2023’ conference, shedding light on how blockchain can be the superhero in ensuring transparent and ethical diamond sourcing.Botswana, boasting the world’s second-largest diamond mining industry, has faced its fair share of flak for human rights violations, exploitation, and environmental concerns. Enter blockchain, … Read more

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Enhancing Crypto Security: Blockaid Secures $33 Million in Series A Funding

Tel Aviv-based cybersecurity firm, Blockaid, has successfully raised $33 million in a recent Series A funding round, led by Ribbit Capital and Variant. The investment signals a growing emphasis on security within the crypto industry, notorious for scams and hacks that result in substantial financial losses and tarnish its reputation. Blockaid’s innovative security solution involves … Read more

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What it takes to buy SafeMoon Crypto

SafeMoon: “Freedom of the Unbanked” Launched on the Binance Smart Chain (BNB) in March 2021, SafeMoon has gained attention for its mission to empower long-term holders and impose a 10% fee on sellers, with a portion of that fee benefiting existing holders. However, the journey of SafeMoon, while intriguing, has been marked by both endorsements … Read more

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Tether Appoints Paolo Ardoino as New CEO Amid Expansion Plans

Leadership Transition: Paolo Ardoino Takes the Helm in December Tether, the powerhouse behind the renowned stablecoin $USDT, has announced Paolo Ardoino as its incoming CEO. Currently serving as the Chief Technology Officer (CTO) since 2017, Ardoino is set to steer the company in its new strategic direction from December 2023. Transition Dynamics: Jean-Louis van der … Read more

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Cameroon Ministry of Finance Calls for Crypto Regulations to Protect Crypto Users from Ponzi Schemes

The Cameroon Ministry of Finance points to the lack of clear guidance from the Central African Financial Market Supervisory Commission (COSUMAF) as a significant contributor to regulatory uncertainty in the cryptocurrency space. Pervasion of Ponzi Schemes The ministry’s study highlights the prevalence of ponzi schemes within Cameroon’s crypto landscape, with numerous companies following a PONZI … Read more