- Page 7 of 9 - Cryptotimes Africa

BitKey stands out for its 2-of-3 multi-signature design, eliminating the necessity for lengthy and cumbersome passwords or seed phrases. This innovative system utilizes three keys to secure Bitcoin, mandating the use of any two keys to authorize transactions or execute security-related actions.…

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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…

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VALR and Luno Lead the Way

by 'Femi Michael November 28, 2023

VALR and Luno are two prominent South African crypto exchanges.The two companies are spearheading digital currency adoption. In recent years, the African continent has been at the forefront of a financial revolution marked by the exponential growth of mobile money. This growth…

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Web3-Backed Chimoney to partners Scrim for Nigerians usage

by 'Femi Michael November 25, 2023

The Scrim app will empower users to send money to anyone in the world using just their email or phone number of Interledger Wallet Address. Chimoney, a global payment solutions provider backed by Techstars and headquartered in Canada, has successfully acquired Scrim,…

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Bitcoin Forms a Triple-Top Pattern

by 'Femi Michael November 23, 2023

Bitcoin price retreated on Tuesday and Wednesday morning after a series of important regulatory stories in the industry. The BTC/USD pair dropped to a low of 36,260, which was much lower than the year-to-date high of 38,000. Regulatory concerns remain There have…

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Gitcoin Issues Call for African Software and Community Builders

by 'Femi Michael November 15, 2023

Gitcoin is introducing a Public Goods Africa Quadratic Funding (QF) round to run alongside Gitcoin Grants 19, intended to catalyze high-impact projects of this nature from Across Africa. Gitcoin, a crowdfunding platform that leverages blockchain to fund open-source projects, primarily those that…

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CBDC | The eCedi is Token-based and Built on the Hedera Hashgraph Network, Says Bank of Ghana

by Terry Kunle October 25, 2023

The Bank of Ghana has taken a different approach to building its CBDC with news emerging that the Bank of Ghana is pursuing a token-based approach for the CBDC, in addition to building it on the Hedera Hashgraph network. Hedera Hashgraph is a…

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Unlocking Financial Inclusion: African Participation in Decentralized Autonomous Organizations (DAOs) – Terry Kunle

by Terry Kunle October 17, 2023

Decentralized Autonomous Organizations (DAOs) have emerged as a revolutionary force in the cryptocurrency and blockchain industry, offering unprecedented opportunities for tech-savvy Africans to actively engage in the global digital economy. The decentralized nature of DAOs transcends borders, allowing individuals and communities across…

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Google’s New Initiative Aims

by 'Femi Michael August 22, 2023

Google launches "AI First Accelerator" to empower African startups with $350k in Cloud Credits. African startups harness AI to tackle local challenges, supported by Google's expertise. "AI First" program highlights African-driven solutions and fosters innovation in AI landscape. Google has introduced the…

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Your Guide to Starting Your Crypto Journey in Africa Introduction

by Terry Kunle July 28, 2023

The world of cryptocurrencies has gained tremendous popularity in recent years, offering exciting opportunities for investment and financial growth. Starting your crypto journey in Africa can be both thrilling and empowering, as it opens up new avenues for financial inclusion and economic…