Tag: Africa

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Cardano/IOHK Plans to Launch the Ethiopia Student Blockchain Project in ‘Next Two Months’

  A project the team behind Cardano (ADA) to equip students in Ethiopia with digital identities and credentials is moving forward, with a planned launch of the first phase set to happen “in the next two months.” John O’Connor, Director of African Operation at Cardano development firm Input Output Global (IOHK), commented on the team’s…
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Nexo and Amber Group executives claim ‘exponential’ growth in crypto institutional investment

Panelists at the Blockchain Africa Conference 2022 discuss the significant potential of cryptocurrency institutional investment while highlighting the challenges it still faces. During the 8th edition of the Blockchain Africa Conference 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a virtual panel titled “Cryptocurrency Institutional Investment: Increasing Returns and Improving Diversification.” Panelists Kalin Metodiev, co-founder and managing…
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Report: Number of African Cryptocurrency Users up by Nearly 2,500%

The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of monthly transactions went up by 1,400%, a new report by Kucoin has said. Widespread Adoption of Cryptocurrencies According to a new report by crypto exchange Kucoin, the number of cryptocurrency users in…
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‘We don’t like our money’: The story of the CFA and Bitcoin in Africa

African crypto experts and entrepreneurs explain why the CFA franc is an uncomfortable currency and why Bitcoin is making waves as a replacement. Nearly 150 million people use the franc of the Financial Community of Africa (CFA) on a daily basis, from Senegal in the extreme west to Gabon in the center of the continent.…
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Mama Bitcoin: Fishing for female empowerment with crypto in West Africa

A Senegalese woman is empowering her community with Bitcoin, blockchain and a Bitcoin bakery idea that became a crypto fishery. Mama Bitcoin is the pseudonym claimed by a young Senegalese Bitcoiner called Bineta. Her business, Bleu comme la mer, was the first retailer in Senegal (and possibly West Africa) to accept crypto as payment. She’s…
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South African exchange raises $50M in Africa’s largest funding round

The South African crypto exchange plans to expand its operation across more African countries and even into India with the new cash injection from major crypto VCs. South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange. With this latest…
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EOS Foundation vs. Block.one, Crypto M&A Value Up 4,846%, Sport Deals With Tezos and Terra + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: EOS Foundation vs. Block.one, Crypto M&A Value Up 4,846%, Sport Deals With Tezos and Terra + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Samsung uses blockchain technology to address climate change

The Galaxy phone maker will lead a tree-planting initiative in Madagascar and track it using distributed ledger technology. Samsung Electronics America announced Monday at the CES Tech Conference in Las Vegas its partnership with veritree, a blockchain-based climate solutions platform, to plant 2 million mangrove trees in Madagascar over the next three months. veritree uses…
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Dorsey And Jay-Z’s Blind Trust To Fund Bitcoin Development Reveals Board Members

The 500 BTC blind trust announced its board of directors. Back in February, Jack Dorsey and Jay-Z created the ₿trust with a clear mission; to “make bitcoin the internet’s currency.” The four individuals in charge of making that happen are now public knowledge. Three of them are from Nigeria, a country that prohibited banks to…
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Bitcoin & Ehtereum Investment Flows, FTSE Goes Crypto, Tom Brady’s NFTs + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ … Read More: Bitcoin & Ehtereum Investment Flows, FTSE Goes Crypto, Tom Brady’s NFTs + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card