Powel, Author at Cryptotimes Africa

Bitmama is expected to assume PayDay's customer deposits and liabilities. It is also set to absorb several PayDay's key personnel across various departments, including marketing, customer service, and engineering. According to local reports, BitMama, the Nigerian crypto platform, has closed a…

Coins Feature

IBM introduces new crypto cold storage technology

by Powel December 6, 2023

IBM has announced a new crypto cold storage technology called the IBM Hyper Protect Offline Signing Orchestrator (OSO). This tech enhances the security of digital asset transactions in cold storage, minimizing risks typically associated with manual handling of these assets while maintaining their separation…

Coins News

Coinbase now allow wallet users to send crypto via social media apps

by Powel December 6, 2023

Coinbase CEO Brian Armstrong’s crypto exchange is moving to simplify digital asset transactions and expand availability to several regions with three new features for Coinbase Wallet users. Coinbase Wallet now offers the option to transfer cryptocurrencies with a link sent via popular…

Bitcoin

MILESTONE | Bitcoin Hits $40,000 for the First Time Since April 2022

by Powel December 4, 2023

Presently, the world's most popular cryptocurrency has experienced a remarkable rally of over 100% in 2023, fostering optimism among many that the upward trend will persist into 2024. Bitcoin surpassed the $40,000 mark for the first time since May 2022, marking…

Article

REGULATION | Tanzanian Fintech, NALA, Acquires Payments Service Provider (PSP) License from National Bank of Rwanda

by Powel November 30, 2023

In the past two years, the company has processed over 10,000 transactions, assisting numerous Rwandan diaspora members in sending money to their home country. In 2022, NALA raised $10 million to expand to 12 African countries. East African payments company, NALA, has…