Crypto Oracle, Author at Cryptotimes Africa

News

AIRDROP | Starting on February 20, 2024, Starknet Users and Contributors Will Receive $STRK Airdrops

by Crypto Oracle February 17, 2024

The Starknet Foundation has disclosed how it plans to distribute STRK ($STRK), the native token, to the nearly 1.3 million wallets that satisfy the requirements for rewards. Early adopters of ecosystem decentralized applications (dApps), network contributors, and EIP developers are among those…

News

Users of GoDaddy Web2 Domains (DNS) Can Now Link Their Names to Ethereum Name Service (ENS)

by Crypto Oracle February 17, 2024

GoDaddy, a domain registrar, and Ethereum Name Service (ENS) have partnered to allow users to link their domain names to ENS. The aim is to establish a connection between the blockchain-based names provided by ENS and the DNS protocol used by traditional…

News

EXPLAINER | How Protocols for Liquid Staking Have Revolutionized Staking for All

by Crypto Oracle December 13, 2023

In the past, setting up a personal node required a large initial investment, usually in the tens of thousands of dollars, in order to engage in staking. This procedure has been transformed by liquid staking, which enables users to stake any amount—regardless…

News

FINTECH AFRICA | Nigerian Fintech Firm Pivo Closes Within A Year of Funding

by Crypto Oracle December 7, 2023

After obtaining a $2 million seed round, Pivo, a Nigerian fintech company that offered banking services to small supply chain companies, is shutting down after a year. Pivo was a startup that was founded in July 2021 by Nkiru Amadi-Emina, the CEO,…

News

Binance Reimburses Traders Who Purchased AEUR Stablecoin During 200% Increase

by Crypto Oracle December 6, 2023

According to the company, Binance will reimburse customers who purchased the Euro-pegged AEUR stablecoin during a recent 200% increase. The company announced on Wednesday that it will develop a compensation plan for users who purchased the stablecoin following a nearly 200% increase…

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In just four months, MILESTONE | Noones P2P Bitcoin Platform for the Global South has crossed 400K users.

by Crypto Oracle December 6, 2023

The CEO of Noones, a financial communication app that aims to integrate the Global South into the global financial systems, is Ray Youssef, the former CEO of Paxful, the top P2P platform in Africa. Youssef's appointment also marks the "official launch" of…

Bitcoin News

Predicting the Price of Bitcoin as It Retreats From $42,000: When Will It Rise Again?

by Crypto Oracle December 5, 2023

The price of Bitcoin, which is currently the most valuable cryptocurrency, has increased dramatically to an astounding $41,765. Backed by a healthy $27 billion in 24-hour trading volume, Bitcoin has seen a remarkable surge of almost 6% in the past day alone.…

News

LIST | Get to Know the Four Winners of the 2023 Btrust Builders “Build for Africa” Bitcoin Hack Competition

by Crypto Oracle December 5, 2023

The African Bitcoin education program, Btrust Builders, which rebranded from Qala recently, has announced the winners of its most recent hackathon, which focused on African-made Bitcoin solutions. The Btrust Builders community voted for eight finalists, from which the four participants were chosen.…

News

Crypto Exchange | Binance sends leading authorities on financial crime to Africa to lead the first-ever law enforcement training

by Crypto Oracle December 4, 2023

The top cryptocurrency exchange in the world, Binance, has dispatched its top experts in cryptocurrency crime to help law enforcement agencies in Africa combat cybercrimes involving cryptocurrencies and blockchain technology. Former Europol investigators Nils Andersen Röed and Jarek Jakubcek were recently in…

Bitcoin News

MILESTONE | Bitcoin Achieves Its First $40,000 Since April 2022

by Crypto Oracle December 4, 2023

For the first time since May 2022, Bitcoin crossed the $40,000 threshold, signaling the largest digital asset's comeback. In April 2022, Bitcoin fell below $40,000, signaling the start of a turbulent time for the cryptocurrency industry. Since then, the industry has faced…