Sub-Saharan Africa has taken to digital currencies, with P2P platforms in Kenya, Nigeria, South Africa and Ghana posting triple-digit growth in 3 months.
A new report by Luno and Arcane Research has delved into the African digital currency market, acknowledging the opportunities and analyzing the challenges.
Wicrypt, which enables users to share their WiFi and earn in crypto, emerged third in a startup competition by the telecoms regulator, attracting investment.
Africa has emerged as a crucial front for crypto and blockchain development, from leading in info gathering to pushing the CBDC quest to crypto in stock market.
Cryptocurrency continues to be widely popular in Nigeria despite the lack of proper regulations and constant calls by the central bank for citizens to shun cryptos.
After mysteriously losing $1M in user funds, the cryptocurrency wallet is blaming its web hosting company for fraud and theft.
Nigeria’s Securities and Exchange Commission (SEC) has reportedly set up a committee that will work on a regulatory framework for blockchain technology and cryptocurrencies.
Umaru Ibrahim, CEO of the Nigeria Deposit Insurance Corporation, reminded Nigerians of the risks associated with cryptocurrencies.
Serena Williams revealed a surprise crypto investment and Africa is encouraged to take its place as a crypto leader.
Two Nigerians have been indicted in a crypto scam that stole thousands of BTC, and as can often be the case, offered promises that were too good to be true.