Global Cryptocurrency exchange FTX and Web3Ladies today announced an official partnership to collaborate on #WomenWhoCrypto, a campaign aimed at driving adoption and onboarding African women into the crypto space through education. The Business Development Manager of FTX in Africa Adebayo Juwon said FTX Africa is delighted to work with Web3Ladies […]
Read Time : 4 Minutes
How the youth of Nigeria are leading Africa to a brighter future
Africa is leading the way for global Bitcoin adoption and the rest of the world is getting a front row seat. In the last year, reports show that the market in Africa has grown over 1200% with countries like Kenya, South Africa and Nigeria ranking among the highest in grassroots […]
Read Time : 2 Minutes
CBN fines three banks N800m over crypto transactions
The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in cryptocurrencies. According to a Bloomberg report released on Wednesday, the three banks are Access Bank Plc, Stanbic IBTC, and the United Bank for Africa […]
Read Time : 4 Minutes
Bitcoin Community can now buy NFTs to support global philanthropic projects
The Built with Bitcoin Foundation has partnered with Satoshibles to enable Bitcoin purchase of NFTs to fund future humanitarian initiatives The Built With Bitcoin Foundation,a humanitarian organization powered by Bitcoin, announced that it is working alongsideSatoshibles NFT, to raise funds for the foundation’s on-going efforts to build schools and communities […]
Read Time : 2 Minutes
FTX Africa To Continue Driving Crypto Adoption Through Education
Spurred by the success of the #FTXAfricaCryptoTour in several African cities, cryptocurrency exchange giant FTX.com has also been investing heavily in a similar initiative, this time in University campuses around the continent. The #FTXAfricaCampusTour promises to be bigger, better, and packed with interesting details, need-to-knows as well as best practices […]
Read Time : 3 Minutes
Paxful; Bridging the Gender Gap in Financial Inclusion through Literacy Initiatives
Financial inclusion is a key component to the economic success of a country. With access to financial services, individuals can feel empowered to make decisions that will improve their quality of life. But still, financial education remains a challenge around the world. According to the S&P Global Financially Literacy Survey, […]
Read Time : 5 Minutes
GIG Logistics introduces crypto wallet feature to 2000 users in beta phase
Pan African logistics company, GIG Logistics (GIGL) has released a version of its propriety delivery app “GIGGo’ with a crypto wallet. The crypto wallet will be released in beta phases to 2000 users and progress to 8000-10000 users within two weeks before a final release to all. The beta version of the […]
Read Time : 2 Minutes
Paxful Drives Financial Inclusion With Financial Education Centers
Financial literacy is a key component of economic growth and development in any country. While emerging markets are leading in Bitcoin adoption, there is still a wide knowledge gap on the opportunities Bitcoin can offer for financial freedom. According to S&P’s Global Financial Literacy Survey, African countries score low in […]
Read Time : 3 Minutes
Binance CEO explains why 281 Nigerians’ crypto accounts was restrictedrestricted
One of the largest cryptocurrency exchanges in the world, Binance, has given reasons for restricting the accounts of 281 Nigerian users. In a letter, the company’s Chief Executive Officer, Changpeng Zhao, said 38 percent of the affected accounts were restricted at the request of international law enforcement. There had been […]
Read Time : 3 Minutes
Cryptocurrency theft rises by 516% to $3.2bn, says firm
Cryptocurrency theft grew to $3.2bn in 2021, according to a report by Chainalysis Inc. In the report, the blockchain data company said this was a 516 per cent increase compared to 2020. It added that about $2.2bn of these funds was stolen from decentralised finance platforms. The company said, “Cryptocurrency […]