'Femi Michael, Author at Cryptotimes Africa

Crypto-savvy Countries In The World, two Africa countries emerge

by 'Femi Michael September 6, 2023

Cryptocurrencies have transcended their niche status and now captivate the world's attention. Two African countries were on the list of the most crypto-savvy countries in the world However, the use of cryptocurrency remains a contentious issue in numerous markets across the region.…

Bitcoin Coins

$2M secures by Kotani Pay for Pre-Seed Funding of Cross-Border Crypto Remittances in Africa

by 'Femi Michael September 5, 2023

Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa. The startup leverages blockchain and stablecoins to address high transfer fees and limited banking access. Nairobi-based crypto payments startup Kotani Pay…

Coins Industry

Inflows of $3.8M saw by BTC Last Week

by 'Femi Michael September 5, 2023

Digital asset investment product flows cooled off, with relatively minor outflows totalling US$11.2. This run of negative sentiment over the last 7 weeks now totals US$342m. Year-to-date digital asset investment products remain in a net inflow position totalling US$165m, with the year…

Coins

Qala, an African Bitcoin developer trainer acquires by ₿trust

by 'Femi Michael September 5, 2023

₿trust, a non-profit originally funded by Jay-Z and Twitter co-founder Jack Dorsey, has today announced its acquisition of Qala, an African Bitcoin developer training company. The acquisition will see Qala rebrand to ₿trust Builders Programme. The new programme will seek to…

Coins Industry

The SA Reserve Bank has officially introduced upgraded banknotes and coins

by 'Femi Michael September 5, 2023

“The upgraded banknotes and coin have enhanced security features and new designs; however, the broad themes for the upgraded banknotes remain the same as the current banknotes, while the theme for the coin is deep ecology,” the SARB said.https://www.facebook.com/plugins/video.php?height=314&href=https%3A%2F%2Fwww.facebook.com%2FSaReserveBank%2Fvideos%2F715571570314897%2F&show_text=true&width=560&t=0 The SARB explained that…

Coins News

South African Mint launches Buffalo coin range to complete Big 5 Series II

by 'Femi Michael September 5, 2023

The South African Mint has officially launched a new coin range featuring the buffalo, providing a fitting culmination of the Big 5 Series II range. Series II coins, like Series I, are available in gold, platinum, and silver. "Series II made its…

Coins

Australian coin that depicts Aboriginal and convict history

by 'Femi Michael September 1, 2023

It will be released on Sept 7, on the eve of the anniversary of the late Queen’s death. Australia has honoured Queen Elizabeth II with a new five-dollar coin featuring the late monarch on one side and depictions of Aboriginal heritage and…

Industry News

Patricia exchange raises exit scam fears after converting user funds to native token

by 'Femi Michael August 31, 2023

CG Home » Business » Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token BUSINESS8 HOURS AGO Steve Kaaru A Nigerian digital asset trading platform has sparked exit scam…

Industry

South Africa Reserve Bank Governor: Dollar Will Not Work Without Macro-Economic Convergence

by 'Femi Michael August 31, 2023

“If the BRICS political leaders say that is where they are going... you’ll have to get a fiscal union, you’ve got to get macro-economic convergence,” the Governor said. “And importantly, you need a disciplining mechanism for countries that fall out of line…

Coins News

African Blockchain Startups Decrease

by 'Femi Michael August 31, 2023

The number of active blockchain ventures fell to 42 (7%) in 2021, and has now fallen further with 37 startups accounting for just 5.5% of the total. More than half of the startups are from Nigeria, with 21 startups representing 58% of…