Decentralized prediction markets are emerging as an innovative element within the broader cryptocurrency and blockchain landscape, yet their adoption remains limited in many parts of the world, including Africa. However, there’s growing optimism among crypto stakeholders that Africa could be a fertile ground for these markets. This optimism is fueled by the continent’s rapidly expanding … Read more
It seems that Bitcoin’s (BTC) impending death cross—a traditionally bearish technical pattern—is once again proving to be a contrary indicator, hinting at renewed bullish momentum, just as it did in September 2023. This is largely due to a significant statement made early Wednesday by Shinichi Uchida, the influential deputy governor of the Bank of Japan … Read more
In a vibrant celebration of International Women’s Month, Binance, the world’s leading blockchain ecosystem, hosted the “Shades of Yellow” event on March 7th. The occasion not only commemorated the contributions of women in technology but also underscored Binance’s steadfast commitment to equality and diversity in the crypto industry. Event Highlights: A Blend of Insights and … Read more
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
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
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
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
In a stunning turn of events, a New York jury has delivered a guilty verdict on all seven charges against Sam Bankman-Fried, the founder and former CEO of FTX. The five-week trial concluded on the one-year anniversary of a CoinDesk scoop that triggered the downfall of the crypto mogul. Guilty on All Fronts The jury’s … Read more
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
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