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Akoin Co-Founder Explains How $6B Futuristic Akon City Will Work
21.8.2020
Akoin president Jon Karas says Akon’s crypto city could be the proving ground African economies need
South African Regulator Warns Against Using Mirror Trading International
20.8.2020
Mirror Trading International is getting flak from regulators worldwide
Mirror Trading Clients Should Take Their Money and Run, South Africa’s Financial Regulator Advises
19.8.2020
FCSA said Mirror Trading's self-proclaimed 10% monthly returns "seems far-fetched and unrealistic" as it opened an investigation
$6 Billion Akon City Underway: Akon Says Cryptocurrency Will Empower Africans
16.8.2020
The construction of Akon City, the $6 billion futuristic city that will function solely on the akoin cryptocurrency, is underway. Akon says cryptocurrency will empower Africans to overcome hurdles, such as high inflation and government corruption. Akon City Will Be Like ‘Wakanda’...
Meet a Freelance Cypherpunk Developer in Africa
16.8.2020
Fodé Diop, founder of the Dakar Bitcoin Developers meetup in Senegal speaks with CoinDesk’s Leigh Cuen about bitcoin in Africa
3 Potential Uses Cases For Blockchain In Africa
13.8.2020
While blockchain technology still can be considered to be in its infancy, some regions, particularly Asia, have advanced in their blockchain-related developments and integrations.
Meanwhile, in Africa, for a region replete with many notably corrupt governments, a little more embrace of blockchain...
High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China
13.8.2020
Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems
Global P2P Bitcoin Trading Volume at Highest Point Since Jan. 2018
13.8.2020
The global P2P markets are pumping, with numerous African and Latin American markets touching new all-time highs for volume
Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause
12.8.2020
“Women need to be financially independent. This is the biggest weapon they can use to liberate themselves. When they no longer depend on anyone, they can then reach their full potential.”
Nigerian Crypto Activity Has Been On the Rise Since April
6.8.2020
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months
Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High
6.8.2020
Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000. As data from Usefultulips...
South African Bitcoin Investment Company Faces Fresh Scam Allegations
4.8.2020
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...
Where FATF Crypto Compliance Gets Interesting: Africa
3.8.2020
Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards
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