Bitcoin mining, the energy-intensive process of creating and validating digital currency transactions, has found a new frontier in Africa. As the global landscape for crypto-mining undergoes significant shifts, African countries are attracting attention as potential hotspots for this lucrative industry.…
Coinbase and Yellow Card Partnership Transforms Financial Landscape in Africa
Coinbase, a global leader in cryptocurrency services, is set to transform the financial landscape in Africa. This strategic move involves expanding its innovative products across 20 African countries, marking a significant milestone in the continent’s financial evolution. This expansion is…
tbDEX, TBD’s Open Source Protocol, Paves the Way for Trustful Bitcoin Integration in Africa through Yellow Card Partnership
tbDEX, an open source protocol developed by TBD, a subsidiary of Block specializing in decentralized technology, is making significant strides in bridging traditional financial systems with the dynamic world of Bitcoin. This groundbreaking protocol aims to foster trust and liquidity…
Canza Finance’s Baki Stablecoin, Expands Forex Landscape in Africa with Avalanche Integration
Canza Finance, has unveiled Baki, a revolutionary stablecoin platform constructed on Avalanche, designed to bolster an assorted array of fiat currencies throughout Africa. With the introduction of Baki, Canza Finance takes a substantial leap in ushering forex trading into burgeoning…
This African Country Wants to Ban Bitcoin Mining Over High Energy Activities
Many countries want to ban Bitcoin mining, with many saying it contributes to the depletion of the environment. However, some other reasons they give are that the activity consumes large amounts of energy. This African Country Making Plans To Ban…
Charles Hoskinson: Africa is the Future of De-fi
Cardano’s ADA is one of the crypto’s that have been tipped to blow up this year. Africa may have something to do with it according to Cardano CEO Charles Hoskinson. According to the IOHK (company that owns Cardano) CEO, the…
Nigerian Crypto Payments Company Wants to Promote BTC Payments All Over Africa
Patricia, a financial based business in Lagos says it aims to usher Africa into a new digital age. The platform has grown from a local ecommerce startup to a global platform used by an estimated 300,000 people. The company which…
Mauritius will issue Licenses to Crypto Custodians this March
As part of her plan to create a Fintech hub “in and for” Africa, Mauritius will soon license digital asset custodians. An announcement made on Friday by the African island nation’s financial services Commission (FSC) said that after having published…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
