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The Pan-African Payment and Settlement System has officially launched a currency marketplace aimed at reducing reliance on the U.S. dollar for intra-African trade. No Hard Currency Involved The Pan-African Payment…
The founder of an African stablecoin association said he supports BitMEX founder Arthur Hayes’ claim that one-third of Nigeria’s GDP is conducted in USDT. He emphasized that stablecoins are a…
The Nigerian securities regulator has issued a warning against Zugacoin and Samzuga GPT, labeling them as unauthorized crypto operations. Memecoins Tied to Pump-and-Dump Schemes The Nigerian Securities and Exchange Commission…
Tether has made a strategic investment in a pan-African blockchain financial solutions provider to enhance cross-border payments and global liquidity for African businesses. Stablecoins: The Heartbeat of Financial Transformation Stablecoin…
Ugandan law enforcement has arrested Phineous Biira, a suspect in the abduction of crypto educator Festo Ivaibi on May 17. Suspect Has Criminal Record Ugandan law enforcement has arrested one…
The Hashgraph Association and the Exponential Science Foundation have launched a hackathon aimed at empowering Web3 developers in Africa. Participants to Build Decentralized Solutions on Hedera Network The Hashgraph Association,…
The founder of the Ugandan blockchain and crypto education institution Mitroplus Labs was abducted by armed criminals posing as law enforcement. The criminals demanded $500,000 and access to the founder’s…
The Kenyan High Court has ordered Sam Altman’s World to cease processing, collecting or dealing in biometric data without conducting a Data Protection Impact Assessment. The order also requires Worldcoin…
Ripple’s blockchain-powered RLUSD will instantly disburse aid to Kenyan pastoralists facing drought, using satellite data and smart contracts to automate, trace, and optimize relief. Ripple’s RLUSD Brings Instant Relief to…
Africa is facing a surge in cyberattacks where hackers hijack social media accounts of prominent figures and institutions to promote fake cryptocurrencies. Some experts recommend educational campaigns to teach users…