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Nalezeno "Africa ": 1354

Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria

28.7.2020
Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well...

Hoskinson AMA Reveals Details of Cardano Foray into Africa

27.7.2020
In a recent YouTube AMA, Charles Hoskinson gave an update on the promotion of Cardano across the African continent

Hyperinflation Hits Lebanon: Food Prices Soar 200%, Biggest Crisis Since Civil War

27.7.2020
Lebanon has entered hyperinflation, the first country in the Middle East and North Africa to do so. With a 462% annual inflation rate and food prices rising by almost 200% this month, Lebanon has joined Venezuela in hyperinflating. Meanwhile, the Lebanese pound has lost 82% of its value this year....

Crypto Usage and Trading Surging in Africa, Exchange CEO Says

23.7.2020
The popularity of crypto is on the rise in Africa, according to the CEO of one of the continent’s up and coming exchanges

South African Exchange Valr Raises $3.4 Million in a Series A Funding Round

22.7.2020
A South Africa based cryptocurrency exchange, Valr has just raised $3.4 million in a Series A funding round led by 100x Group, the parent company to Bitmex. The funding round, in which 4Di Capital also participated, however, does not change Valr’s controlling shareholder structure. In...

BitMEX Owner Leads $3.4M Round for South African Crypto Exchange

21.7.2020
BitMEX owner 100x said investing in VALR’s Series A would bring exposure to the fast-growing South African market

BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange

21.7.2020
The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges. Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...

South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations

16.7.2020
Mirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State Securities Board (TSSB), is pushing back allegations that it is running a Ponzi scheme or a scam. MTI CEO Johann Steynberg issued a statement assuaging...

South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards

15.7.2020
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment....

Bitcoin Usage up in Vietnam, Bangladesh & S Africa - Blockchain.com

14.7.2020
The total number of bitcoin (BTC) wallet transactions has spiked in Vietnam, Bangladesh, and South Africa, with monthly activity figures up 25%, 16% and 15.9% respectively on major wallet and exchange platform Blockchain.com. The company shared the news in a blog post, adding that although...

Charlie Shrem TLDL: Ray Youssef and Crypto’s Role in Africa

14.7.2020
Ray Youssef joins Charlie Shrem to discuss Paxful's mission in Africa, the liberating power of crypto and the unfairness of the African franc

Nigerian Scammers Used BTC & Gemini Exchange to Siphon Millions

12.7.2020
Nigerian scammers converted millions of dollars into Bitcoin via Gemini exchange according to an FBI criminal complaint

How the US and Europe Are Regulating Crypto in 2020

12.7.2020
Crypto regulation in 2020: The U.S. tightens regulation of crypto, while India has finally allowed banks to get involved with firms

Startup Helps Reduce Child Labor in Africa & Aspires to Work with Tesla

11.7.2020
A blockchain startup helps car manufacturers ascertain that the raw materials they use are not produced by children

Bitcoin Prize For Winners Of South Africa Mountain Bike Race

11.7.2020
About 150 mountain bikers will compete at this year’s edition of the Munga MTB race in South Africa. The race will commence in the first week of December. The top three finishers in each category will share the 1.5 bitcoin in prize money. The Bitstamp sponsored race was launched in 2015....

Book Review: Digital Is the Cash

10.7.2020
"Digital is the Cash" is a short, accessible read, looking at cryptocurrency from a vaguely African perspective, with a strong preference for Dash

South African Crypto Investment Company Issued Cease And Desist Order In Texas

9.7.2020
The Texas State Securities Board (TSSB) issued a cease and desist order Wednesday against on Mirror Trading International (MTI), Forexandbitcoin.com and four individuals involved in a multi-level marketing scam. Out of the four individuals, Cornelius Johannes Steynberg is a resident of South...