Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem
Ethiopia has cut electricity deliveries to bitcoin miners by 75%, leaving them with just 23% of contracted power after El Niño reduced reservoir inflows by roughly 20%. The twist is…
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Binance Hiring General Manager for West Africa Business Development Role
Binance is hiring a remote General Manager for West Africa to lead business development, regulatory coordination, stakeholder engagement, and operations within its Africa business development team. Why Binance Is Combining…
Crypto Biz: Is AI the exit strategy for miners?
Bitcoin miners double down on AI, tokenized RWAs top $43 billion, Ripple strengthens its African payments network and Sam Bankman-Fried loses his appeal.
Ripple Bets on Africa’s $3.2B Payments Giant to Push RLUSD Into Cross-Border Commerce
Ripple invested in Flutterwave to bring RLUSD into African business payments through a major cross-border network. The deal connects Ripple’s dollar-backed stablecoin with Flutterwave’s $3.2 billion payments platform, targeting faster…
Ripple targets Africa’s booming remittance market with Flutterwave investment
Ripple’s investment in Flutterwave will bring RLUSD, Ripple Payments and XRPL to one of Africa’s largest fintechs as blockchain remittances gain traction.
Ripple targets Africa’s remittance market with Flutterwave investment
Ripple’s investment in Flutterwave will bring RLUSD, Ripple Payments and XRPL to one of Africa’s largest fintechs as blockchain remittances gain traction.
South African Reserve Bank Backs Payshap Over Digital Rand as Cassim Targets Real-Time Payments
The South African Reserve Bank has decided to pause the immediate implementation of a digital rand despite successfully testing its technical feasibility. Digital Rand Trials Reveal Privacy and Speed Tradeoffs…
Economist Dawie Roodt Warns South Africans May Drop Local Currency as Crypto Rules Tighten
A South African economist warns that the National Treasury’s proposed crypto regulations are an unenforceable attempt at state control that will ultimately backfire. The Push Toward Decentralized Tech South Africa’s…
Namibia Judge Revokes Bail for Eight Missing Suspects in Crypto Fraud Trial
Chinese nationals charged in an international cryptocurrency fraud and human trafficking ring in Namibia failed to appear in court and have been traced back to China. State authorities have requested…
MTI Liquidators Face 9,441 Claims as $35.8M Estate Shrinks Before Payouts
Liquidators of Mirror Trading International, a massive South African crypto pyramid scheme, have received over 9,441 claims totaling nearly $395 million. Shrinking Assets and Rising Legal Costs Liquidators overseeing the…
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