The potential of new emerging technologies has its limits: Imagine the combination of the next-generation techs, such as blockchain and 5G, what would that real...
Africa News
Africa is the second largest continent in the world in terms of both territory and population. There are 55 states located on the continent. Economies in Africa differs from country to country. In Africa, cryptocurrency tends to be sold with a large trade margin which can even reach 100% due to several reasons. Firstly, Bitcoin in Africa is very difficult to mine because of the climate and lack of infrastructure. Also, cryptocurrency is in big demand in Africa as national currencies are vulnerable to hyperinflation. Besides that, since there are only a small number of virtual currency retailers they are able to set high prices. The relative financial stability of digital money and the opportunities for profit make cryptocurrencies very popular in Africa.
- Opinion
- News
by Helen Partz
Over 5,000 victims of the alleged crypto pyramid scheme Dunamiscoins have petitioned the Ugandan Parliament asking to refund money lost in the scam.
- Opinion
Africa is the fastest-growing mobile market and it could possibly make this continent the world’s biggest payment systems based on blockchain tech and unbanked ...
- News
Singer Akon announced on Jan. 13 that the world’s first ‘crypto city’ — Akon City — is underway in Senegal and would feature Akoin cryptocurrency only.
- News
The Africa Blockchain Institute will open Rwanda’s ostensibly first blockchain school in 2020, offering five new courses for local developers, professionals and...
- Analysis
Sports teams like Juventus are now using the power of the blockchain technology to connect with fans.
- Analysis
Ghana is maintaining a cautious approach to cryptocurrencies despite its central bank’s plans to launch a CBDC pilot in 2020.
- Explained
Many African consumers are fed up with the status quo of local currencies and existing payment platforms — and believe crypto could be t...
- News
The well-known supporter of Bitcoin reveals he will spend up to half of 2020 in Africa, as interest in Bitcoin from the continent continues to reveal itself.
- News
by Helen Partz
Ghana is exploring a central bank digital currency “with the possibility of issuing” an e-cedi in the near future.
- News
Neil Bush — son and brother of two U.S presidents — is alleged to have been paid $300,000 to attend a meeting involving OneCoin co-founder and current fugitive ...
- News
Nigerian fintech Opay — founded by pro-crypto Opera browser — has sealed $120 million in a series B round from Chinese investors.
- News
by Joeri Cant
CEO of the Zimbabwean Golix cryptocurrency exchange claims to have lost the password to a cold wallet containing 33 Bitcoins.
- News
Peer-to-peer cryptocurrency trading platform Paxful has seen 2,800% more trades in South Africa this month compared to October 2018.
- News
Hackers have compromised the website of the city of Johannesburg, South Africa, and demanded ransom in Bitcoin.
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