Web3 Archives - Cryptotimes Africa

News

FUNDING | South African Fintech, TurnStay, Raises $300,000 from Web3 Investors, DFS Lab and DCG, After Processing Over $30 Million

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…

News

LIST | Canza Finance Is the Only Project From Africa to Be Selected for the First-Ever CoinMarketCap Labs Accelerator Programme

by Crypto Oracle July 19, 2024

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…

News

Jambo and Tether Expand to Solana to Provide Blockchain Mobile Technology to Developing Economies

by Crypto Oracle July 16, 2024

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…

Industry News

LAUNCH | Unstoppable Domains Opens First Tokenized “.com” Domain Buy and Sell Marketplace

by Crypto Oracle July 4, 2024

Leading distributor of Web3 domains and digital identities, Unstoppable Domains, has announced the opening of the Unstoppable Marketplace for Web3, which will allow users to easily list and purchase a variety of Web3-enabled domains. This is the first time tokenized ".com" domains…

News

Electronics Giant, Sony, to Launch Crypto Exchange Dubbed S.BLOX as it Intensifies Web3 Presence

by Crypto Oracle July 3, 2024

Japanese electronics giant, Sony, plans to re-launch the crypto exchange, WhaleFin, which it bought from digital asset platform, Amber Group, in 2023. According to a press release, WhaleFin has been renamed to S.BLOX Co., which plans to collaborate with Sony Group’s other…

News

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…

News

NODO Partners with Tether to Deepen Stablecoin Knowledge and Adoption in Africa

by Terry Kunle June 8, 2024

NODO, a prominent blockchain solutions provider, has announced a strategic partnership with Tether.io, the leading stablecoin issuer, to accelerate the understanding and adoption of stablecoins, particularly USDT, across the African continent. This collaboration aims to achieve three key objectives: Educational initiatives: Launching comprehensive…

News

Oasys Unveils Blockchain Designed for Gamers, Targets Mass Web3 Adoption

by Terry Kunle June 5, 2024

Oasys, a blockchain project focused on gaming, is shaking things up at Consensus 2024. They've revealed their vision for the future of blockchain gaming, aiming to address key issues hindering the play-to-earn (P2E) space and drive mainstream Web3 adoption. The Problem: Stagnant…

Feature

Blockchain and Web3 events in Africa

by Terry Kunle April 29, 2024

Africa is rapidly emerging as a hub for blockchain and web3 innovation, with a thriving ecosystem of entrepreneurs, developers, and investors driving growth and adoption across the continent. From cryptocurrency and decentralized finance (DeFi) to non-fungible tokens (NFTs) and the metaverse, the…

De-Fi Feature News

Next move for Dogecoin (DOGE) and Shiba Memu (SHMU) as meme cryptos go wild

by 'Femi Michael December 31, 2023

Dogecoin remains poised for a significant rebound despite ongoing challenges. Shiba Memu continues to attract attention due to its distinct features. The meme market will likely flourish in 2024. Follow Invezz on Telegram, Twitter, and Google News for instant updates > Top meme cryptocurrency, Dogecoin, continues to…