'Femi Michael, Author at Cryptotimes Africa

News

VC Spectra’s Investment attraction which Stellar and TRON struggle

by 'Femi Michael August 14, 2023

Stellar (XLM) Struggles Despite Its Strong User Base The Stellar (XLM) ecosystem is highly developed and has numerous users worldwide, including in Africa and Latin America. Moreover, Stellar (XLM) recently launched Soroban, which is currently in testing. Soroban is easy to use…

News

Statutory of crypto currency in African

by 'Femi Michael August 14, 2023

Blockchain technology is used to authenticate transactions involving crypto. Blockchain is a decentralised technology that handles and records activities spanning numerous machines. Additionally, it is a peer-to-peer program that allows people to send and read payments just about anywhere in the globe…

Coins

Introducing of gold-backed digital tokens in Zimbabwe

by 'Femi Michael August 14, 2023

Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation. The Reserve Bank of Zimbabwe (RBZ) expects to launch its gold-backed digital token (GBDT) for retail use soon,…

Coins News

Adopting Bitcoin Strategy have made Microstrategy’s Stock Soars 206%

by 'Femi Michael August 13, 2023

Microstrategy’s stock (Nasdaq: MSTR) has risen 206% after the company adopted bitcoin as its primary treasury reserve asset. The business intelligence firm now holds 152,800 bitcoins, acquired for a total cost of $4.53 billion, and it has plans to buy even more.…

Industry News

USD Supremacy support Global Stablecoin

by 'Femi Michael August 13, 2023

Stablecoins are driving dollar adoption globally and there is high demand for dollar-denominated stablecoins in non-US markets. This week, the CEO of Circle reported that 70% of demand for USDC comes from outside the US, especially from emerging economies. Such demand could…

News

Mint launches Buffalo coin range in SA

by 'Femi Michael August 12, 2023

The South African Mint has announced the final offering in the popular Big 5 Series II coin range, which features the Buffalo and is available in gold, platinum and silver. Series II mirrors the reverse design of Series I, in that two…

Coins News

Federal & US Banks reserve to oversee digital asset activities

by 'Femi Michael August 12, 2023

The U.S. Federal Reserve is expanding its oversight over digital asset activities for commercial banks as it seeks to promote innovation while protecting the sector’s integrity. In its announcement, the Fed revealed the new program is geared toward supervising novel activities in the…

News

Introducing Roqqu: Your Gateway to Crypto in Ghana

by 'Femi Michael August 12, 2023

We are thrilled to announce the launch of Roqqu, a revolutionary platform that brings the world of cryptocurrency to the people of Ghana. Roqqu is more than just a cryptocurrency exchange; it's your all-in-one solution for quickly buying, selling, and managing digital…

News

Scammers are cashing in on Worldcoin’s chaotic Kenya launch

by 'Femi Michael August 12, 2023

Without a cash withdrawal option, Kenyans are turning to the country’s informal crypto economy — and some are losing their coins in the process. Officially launched on July 24, Worldcoin gives 25 WLD tokens as a signup bonus to new registrants. With…

Industry

Blockchain technology lets East African farmers sell globally

by 'Femi Michael August 12, 2023

Small farmers in the developing world may be on the cusp of an agricultural breakthrough. With emerging technologies like satellite imagery, drones and machine learning boosting productivity, it’s becoming more viable than ever to sell their produce in places like Western Europe. …