Cryptocurrency

Xend launches crypto payment API and wallet infrastructure

Xend Finance, an Africa-founded global crypto bank, announced the launch of payment API XendBridge and SwitchWallet, a free public wallet infrastructure. Backed by Binance…

Investment stacking: ‘It’s never too late to start saving’

For the layman investor who doesn’t know about all the options for portfolio diversification, selecting which investments to choose can be tricky. Upnup’s Justin…

Crypto regulations: ‘Distinguish between hype and tech’

In just a few years, the adoption of cryptocurrencies as well as the entry of new players into the market has skyrocketed. However, in…

Binance signs up world’s biggest TikTok star as ambassador

As the blockchain ecosystem behind the world’s largest cryptocurrency exchange, Binance has signed up an African TikTok star, Khaby Lame, as its global brand…

Africa’s first global blockchain bank hits 100k users

Billed as the first global blockchain bank out of Africa, Xend Finance has just clocked 100 000 users on its savings platform while further…

Crypto meltdown due to ‘avoidable dot-com era errors’

While the latest crypto meltdown leaves punters bruised and bewildered, a fintech giant has warned major firms to stop making obvious, avoidable mistakes that…

Ethereum plummets to 14-month low, $521m. ‘liquidated’

Hundreds of thousands of crypto traders are getting their positions liquidated as Ethereum (ETH) and the rest of the digital asset markets witness another…

[Opinion] Cryptocurrencies: Africa’s new ‘blood diamonds’

Across the world’s troubled spots, resource wars and economic crises are being fuelled by a new kind of high-tech “blood diamond” – cryptocurrencies. This…

Blockchain paves the way for social good in Zambia

Social responsibility and blockchain adoption can go hand in hand. Well, that is what the United Africa Blockchain Association (UABA) is doing in Zambia….

One of Africa’s poorest countries adopts bitcoin as legal tender

From tax payments to everyday purchases, digital cash is becoming increasingly adopted around the world. Cryptocurrencies are shifting from the fringes of finance to…

First LGBT+ cryptocurrency bets on ‘changing the world’

It might sound like a marketing gimmick, but the founders of the first LGBT+ cryptocurrency said they want to harness the community’s economic power…

Pan-African crypto currency ‘can ease business costs’

A common crypto currency and an integrated capital market could boost trade in Africa and sustain growth after the Covid-19 crisis. As such, a…

Luno hits new milestone with 10 million customers

Luno, the crypto company founded by two South Africans, now has 10 million customers in over 40 countries. Luno’s latest one million customers were…

Autism awareness NFT uses crypto for good

The Hedgie Fund mastermind Matt Landon is releasing a trait-based, randomly generated NFT collection. These “Hedgies” use characters, sets and props from the animated…

NFT Lab takes Africa’s biggest collection to OpenSea

Invictus NFT Lab aims to demonstrate the potential for blockchain technology to bring tangible benefits to the real world and is operated by global…

Luno launches early-stage investment arm

Cryptocurrency company, Luno, a wholly-owned subsidiary of Digital Currency Group (“DCG”), has launched Luno Expeditions, a global, early-stage investment arm to support fintech and crypto/web3…

Luno adds Chainlink and Uniswap to crypto portfolio

Luno users can from today buy, sell and store Chainlink (LINK) and Uniswap (UNI) alongside their existing crypto holdings on the global cryptocurrency platform’s…

Calls for higher auditing frequency of South African crypto market

Regulators and auditors play an increasingly vital role in securing and validating the big data infrastructure of Virtual Asset Service Providers (VASPs) as crypto…

Luno data reveals the habits of the South African crypto buyer

It’s no surprise that the average South African crypto buyer is male. But data like the average first spend of R450 and eight month…

South African cryptocurrency exchange raises $50M in oversubscribed Series B

VALR.com, a cryptocurrency exchange headquartered in South Africa, has raised $50 million (over R750 million) in Africa’s largest ever crypto funding round. This values…

[Opinion] The ABCs of avoiding a DeFi rug pull

The promise of decentralised finance (DeFi) is the elimination of centralised authorities not only gives users more say over their funds, but it also…

Crypto theft deepens DeFi risk problems

Decentralised Finance (DeFi) products lost over $438 million to theft over the last 30 days, recovering only $75 000 over the same period. A…

Nestcoin raises pre-seed capital to accelerate Web3 adoption

Web3 application builder Nestcoin raised $6.45 million in pre-seed capital. This new funding will enable the company to expand its global operations and invest…

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