news Archives - Page 8 of 42 - Cryptotimes Africa

HOW TO | Using Solana Marketplace and Pump.fun, Quickly Create and Share Your Own MemeCoin

by Crypto Oracle July 1, 2024

A well-known Solana-based marketplace called Pump.fun enables users can easily generate and distribute their own tokens, especially memecoins and other tokens with a humorous theme. Pump.fun sticks out with its straightforward design. Its goal is to make the process of creating tokens…

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Introducing: Mama Money, a Fintech Company from South Africa, Introduces a Card Linked to WhatsApp for Payments and Remittances

by Crypto Oracle July 1, 2024

Mama Money, a money transfer company based in South Africa, has joined up with Access Bank and Paymentology, a payment processor, to introduce a new bank card service that incorporates WhatsApp banking. As to a post by Paymentology, the company that issues…

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REGULATION | The US Securities and Exchange Commission has sued ConsenSys for brokering securities on MetaMask swaps.

by Crypto Oracle June 29, 2024

In a lawsuit against ConsenSys, the parent company of MetaMask, the US Securities and Exchange Commission (SEC) claims that the business "acted as an unregistered broker of crypto asset securities through its MetaMask Swaps service." The SEC stated in its filing that…

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Alert | Nigeria Notifies Public About Five Websites Collecting and Selling Citizens’ Identity Data

by Crypto Oracle June 24, 2024

Local reports state that five websites are on the National Identity Management Commission's (NIMC) list for allegedly fraudulently obtaining Nigerians' data. In a statement, NIMC Head of Corporate Communication Kayode Adegoke said, "The public is urged to disregard any claims or services…

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FUNDING | Breega, a French venture capital firm, has opened its first $75 million fund to invest in early-stage companies in Africa.

by Crypto Oracle June 24, 2024

Breega, a French venture capital firm, has declared the opening of Breega Africa Seed I, its first African fund, with the goal of becoming the premier early-stage investor in African entrepreneurs. To oversee its new pan-African fund, Breega Africa Seed I, the…

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REGULATION | WorldCoin to Reportedly Resume ID Verification in Kenya After Police Drop Investigations

by Crypto Oracle June 24, 2024

According to reports, WorldCoin, the cryptocurrency and human registration initiative linked to OpenAI CEO Sam Altman, is about to pick back up in Kenya after the police closed an investigation they had launched against the company. According to reports, the policies looked…

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Regulating | “Tigran Gambaryan Arrested Unlawfully in Nigeria on Money Laundering Accusations,” US Lawmakers Restate Following Visit

by Crypto Oracle June 23, 2024

Tigran Gambaryan, the executive of Binance, is being held due to pneumonia and malaria. Two US legislators have demanded that he be released from custody and given access to medical care. Reps. Chrissy Houlahan, D-Pa., and French Hill, R-Ark., said that they…

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INFLATION | The Kenya Shilling (KES) Rises to 15-Month High, Now Best Performing Currency in Africa

by Crypto Oracle June 22, 2024

Thanks to income from agricultural exports and a decline in importers' need for dollars, the value of the Kenyan shilling (KES) against the US dollar has reached its highest point in 15 months. Early in 2023, Kenya's dollar scarcity caused a 12%…

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Regulation | Owing to “Current Realities,” Nigeria SEC Issues a Notice for Onboarding VASPs in 30 Days

by Crypto Oracle June 22, 2024

A notification to revise its regulations on the issuance of digital assets, offering platforms, exchange, and custody has been released by the Nigerian Securities and Exchange Commission (SEC). The notice further stated that the SEC was creating a unique onboarding window for…

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REPORT | Despite Receiving Higher Compensation Than in Traditional Finance, Almost All Web3 CFOs Are Paid in Fiat

by Crypto Oracle June 21, 2024

A recent analysis on 2024 remuneration by Request financial, a shard of BitKE, indicates that the Web3 industry is growing more profitable, with financial professionals receiving larger salary packages than their counterparts in traditional businesses. Accountants, CFOs, COOs, finance directors, managers, FP&A…