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cryptocurrency

FinTech

How Cryptocurrency is Reshaping Finance and Innovation

Mamsi Nkosi -
Cryptocurrency use is spreading at a rapid pace in all parts of the continent, with both citizens and companies utilizing virtual currencies for payments, remittances, and investments. Bitcoin’s decentralized feature provides financial access to many unbanked citizens and safeguards...
Africa By Region

Cryptocurrency Mobile Money Integration in 6 African Nations

Mamsi Nkosi -
Binance, a blockchain and cryptocurrency infrastructure provider, is continuing to drive innovation and expand access to cryptocurrency in Africa. Now allowing users in Benin, Cameroon, Ivory Coast, the Democratic Republic of the Congo (DRC), Togo, and Senegal to buy cryptocurrency...
Digital Transformation

Luno Divulges What 2024 Has in Store for Cryptocurrency

Eva Sgroi -
Bitcoin blasted into 2024 on a high note touching a 21-month peak and the groundbreaking approval of spot exchange traded funds (ETFs) for Bitcoin, according to Luno, South Africa’s largest crypto investment app. Bitcoin ETFs are significant as they open...
Digital Transformation

Unfolding Blockchain Technology Trends in Nigeria in 2024

Eva Sgroi -
Blockchain technology in Nigeria has driven innovation by fostering financial inclusion, streamlining remittances, and improving supply chain transparency. The introduction and implementation of blockchain technology offers solutions for identity management, secures transactions through smart contracts, and enhances government and...
Digital Transformation

Surging Values and Active Addresses Signal a Turning Point

Eva Sgroi -
Bitcoin is experiencing a remarkable resurgence in 2023, defying economic challenges and surprising skeptics who declared the demise of the cryptocurrency market. The world's most valuable digital currency has not only doubled in value, with a nearly 150% surge since...
Digital Transformation

Binance Moves into Retail Space through Cryptoconvert’s partnership with Pick’n’Pay

Eva Sgroi -
As the digital payment revolution gains momentum, Binance, a cryptocurrency exchange, is over the moon to announce its partnership with CryptoConvert which will see its users able to make payments cashless, contactless, and incredibly secure at all Pick n...
Digital Transformation

5 Developments in the African Metaverse

Eva Sgroi -
The concept of the metaverse, a virtual shared space that combines aspects of social media, online gaming, augmented reality, and virtual reality, is rapidly evolving. Africarare.io, South African owned Open Metaverse, is a quintessential African virtual space, where users are...
Artificial Intelligence

Rise in Deepfake Fraud Reported by Crypto Companies

Eva Sgroi -
A report by Sumsub, a full-cycle platform, gathered the information of a combination of a survey conducted by 100+ crypto companies and expert interviews of professionals in the industry. Overall, 800,000+ fraud attempts were studied for this report and...
Company News

Friend.tech’s TVL Balloons by 1400% in Last Month

Eva Sgroi -
Friend.tech, the pioneering platform that blends decentralized finance (DeFi) and social media, has been making waves in the crypto world. According to data tracked by BanklessTimes.com, Friend.tech's Total Value Locked (TVL) has experienced an astronomical surge. On August 18, 2023,...
Company News

New Bybit Rewards 2.0 Scheme for Crypto Debit Card Users

Eva Sgroi -
The world’s third most visited crypto exchange Bybit, recently launched Rewards 2.0, an upgraded rewards scheme building on the strong uptake of the Bybit Debit Card since its March debut. Bybit Card Rewards 2.0 Rewards 2.0 aims to strengthen Bybit's leadership...
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Latest News

FinTechStaff Writer -

PayPal and TerraPay Unite to Expand Cross-Border Payments Across MEA

PayPal has announced a strategic partnership with TerraPay, a leading global money movement platform, to enable real-time fund transfers...
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