Nigerians’ investment in Bitcoin grew by over five per cent in 2022 despite the cryptocurrency losing $562.93bn of its market value in the same year. This year, 2022, has been …
Cryptocurrency
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AFRICA NEWSBusinessCryptocurrencyEconomyMarketsNigeria
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BusinessCryptocurrencyMarketsSouth Africa
cryptocurrency market maker Ovex cancelled FTX financial services license in South Africa
South African cryptocurrency market maker Ovex has cancelled and removed FTX as a juristic representative, cutting off the international exchange’s access to its local Financial Service Provider (FSP) license. “FTX …
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BusinessCryptocurrencySouthern Africa
Pick n Pay rolls out Bitcoin payments across stores in South Africa
Pick n Pay has expanded its Bitcoin payments trial to 39 stores across South Africa’s major cities, the retailer has announced. It plans to roll out to all its stores …
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The amount of computing power dedicated to Bitcoin mining surged to a record as more companies made use of the energy and data center space freed up after the upgrade …
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BusinessCryptocurrencyEconomy
Kenya to introduce a regulatory Framework for Cryptocurrencies says Dr Patrick NJoroge
Kenya will look to introduce a regulatory framework for cryptocurrencies, this is according to Dr Patrick Njoroge, Governor of the Central Bank of Kenya (CBK). “Any crypto or all the …
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AfricaBinanceCryptocurrencyGlobal NewsNewsNigeriaSouthern AfricaSpotlightTechnologyWestern Africa
Binance creates a new global Advisory Board, appoints two Africans
Leading cryptocurrency exchange, Binance, has announced the creation of a new Global Advisory Board (GAB). The new board is composed of well-known 11 members who are experts in public policy, government, …
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Earlier this week, Mr Price ran a competition giving away nine non-fungible tokens (NFTs) to its Instagram followers Dubbed “NF-Tees”, the collection features a strange-looking animated character doing dance moves …
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AFRICA NEWSCryptocurrencyGlobal NewsTechnology
World’s biggest Ethereum mine to shutdown after Merge
Ethermine, the largest Ethereum mining services provider by computing power, will shut down its servers for miners after the blockchain completes its historic technical upgrade. The news comes on the …
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NFTMusk has launched a third-party MarketPlace that pays people to read cryptocurrency and NFT articles online. Speaking at the NFTMusk launch on May 7, 2022, NFTMusk Director, Marcus Wetys stated …
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Banking, Finance & InvestmentCryptocurrencySouthern Africa
South Africa’s central bank announces new development on cryptocurrency exchange, issues guidance
The South African Reserve Bank’s Prudential Authority has issued a guidance note to banks discouraging them from cutting off companies that offer cryptocurrency services. In a note signed by Prudential …