Fintech company TurnStay, based in South Africa, has raised $300,000 (more than R5.4 million) from investors DFS Lab and Digital Currency Group, based in Silicon Valley and New York. The company intends to build on the considerable traction already attained and use…
Hardware wallets are physical devices that enable you store sensitive private key information on a device that isn’t usually linked to the internet. Unlike hot wallets, which are often user-friendly and connected to the internet, hardware wallets, also known as cold wallets,…
According to a recent CoinGecko analysis, the entire market capitalization of cryptocurrency regained some of its gains in Q2 2024 after almost reaching all-time highs in Q1 2024. It decreased by $408.8 billion (-14.4%) and closed at $2.43 trillion in June 2024.…
Infiniti n Beyond Limited has been accepted into the Capital Markets Authority Regulatory Sandbox by the Capital Markets Authority of Kenya (CMA Kenya) to test OwnMali, a cutting-edge blockchain-enabled real estate tokenization platform. The most recent blockchain product to be accepted into…
CoinMarketCap has announced the selection of Canza Finance as an incubatee of its new CMC Labs accelerator program making it one of a handful of companies selected for the program.
CMC Labs is CoinMarketCap’s Web3 startup accelerator program, aimed to link builders…
In 2023, venture capital funding for blockchain firms in Africa was $135.4 million, a 72% decrease from the previous year [2022]. Ultimately, just 6.1% of the $2.2 billion raised that year [2023] went to businesses on the continent in the blockchain space;…
Leading Ethiopian telecom provider Ethio Telecom reported a number of encouraging results on July 10, 2024, including an 8.9% rise in subscribers from the same time previous year [2023], reaching 78.3 million.
In comparison to the results of the previous year [2022/2023],…
John Mushayavanhu, the new governor of the Reserve Bank of Zimbabwe, reports that the nation's gold reserves now total $370 million, up 30% over the previous 100 days.
During my 100 days in office, we have added almost 30% to those reserves.…
Jambo, the largest web3 mobile infrastructure connecting emerging nations to the blockchain, said today that it and Tether would be expanding to the Solana blockchain to provide emerging regions with blockchain-enabled banking and educational innovations.
The JamboPhone, a $99 web3 smartphone, is…
According to the Bank of Uganda (BOU), it has started a Domestic Gold Purchase Programme to protect against "risks in the international financial markets" and to mitigate the country's diminishing foreign exchange reserves.
The bank stated in its 2023/2024 State of the…