crypto Archives - Page 38 of 42 - Cryptotimes Africa

In recent years, African countries have witnessed a remarkable surge in the adoption of cryptocurrencies, signaling a transformative shift in the continent's financial landscape. This trend reflects a growing recognition of the potential benefits that digital currencies can bring to Africa's economy…

Bitcoin News

Crypto zakat picks up speed with new service in Malaysia.

by Dekunle Crypto June 28, 2023

KUALA LUMPUR - Last Ramadan, Adam Mashrique had few alternatives when he set out to make a portion of his zakat donation in bitcoin for the first time.The Kuala Lumpur-based blockchain engineer observed that more organizations were opening cryptocurrency accounts, but that…

News

One year after entering Ghana and Nigeria, the cryptocurrency startup Pillow has shut down.

by Ridwan Ridwan June 27, 2023

Pillow offered its users the chance to invest in Bitcoin, stablecoins, and other currencies, with initial returns of up to 18%. The two-year-old firm had been successful in raising a total of about $21 million. A Singaporean firm called Pillow, which had…

Bitcoin News

21 year old man sentenced to 18 months in prison for bitcoin ‘scam in Morocco

by Dekunle Crypto June 27, 2023

A 21-year-old Frenchman, Thomas Clausi, was convicted Thursday in Morocco of "fraud" and illegal use of cryptocurrency and sentenced to 18 months in prison. He was also slapped with a fine of about 3.4 million euros. Clausi, who has been behind bars…

Industry

Cryptocurrency Trading in Africa: Strategies for Success in a Dynamic Market

by Crypto Oracle June 26, 2023

Cryptocurrency trading has gained significant traction in Africa as more individuals recognize the potential for financial growth and investment opportunities in the dynamic digital asset market. However, navigating this rapidly evolving landscape requires a strategic approach to maximize potential returns while managing…

Industry

Cryptocurrency Adoption in Africa: Breaking Barriers and Embracing Digital Money

by Crypto Oracle June 26, 2023

Cryptocurrency adoption in Africa has been gaining momentum, with an increasing number of individuals, businesses, and governments recognizing the potential benefits of digital money. As the continent faces various economic challenges, cryptocurrencies offer a promising alternative that can revolutionize financial systems, foster…

Bitcoin News

Nigerian markets regulator ends local Binance operations

by Dekunle Crypto June 26, 2023

Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” stated the Securities and Exchange Commission (SEC) on Friday. The statement added that the company was not registered or regulated, rendering its operations in the country,…

Bitcoin Coins

Top 6 African Cryptocurrency Projects-

by Dekunle Crypto June 25, 2023

Listing the best African cryptocurrency projects has not been so difficult, though. The startups that we listed have shown potential in the first months of existence to diversify the use of blockchain and a high number of users in a short time.…

Women in Crypto

CODES, CHARTS, AND COCKTAIL: Women in DeFi Community Hosts Web3-themed Event in Ibadan, Oyo State, Nigeria.

by Crypto Oracle June 24, 2023

Women in DeFi Community, a prominent organization dedicated to empowering women in the decentralized finance (DeFi) space, is set to host an exciting web3-themed event titled "Codes, Charts, and Cocktail." The event, themed "Navigating the Blockchain Realm: Opportunities & Challenges,"…

Coins

What are cryptocurrencies, and how do they operate?

by Ridwan Ridwan June 24, 2023

Cryptocurrency is a digital or virtual currency that uses cryptography for security. It is decentralized and operates independently of a central bank. Cryptocurrencies are becoming more popular as a medium of exchange and store of value, and are seen by some as…