Sophos on Wednesday released new findings on CryptoRom scams—elaborate financial fraud schemes that prey on and trick dating app users into making fake cryptocurrency investments.
South Africa’s Advertising Regulatory Board (ARB) has introduced a new clause to the country’s Code of Advertising Practice detailing how crypto products should be dealt with.
OKX, one of the world’s leading cryptocurrency platforms and Web3 technology companies, launched its Copy Trading tool to its global user base on its Social Trading platform.
Kaspersky researchers recently uncovered a new spam campaign spreading through direct messages on Twitter and stealing the cryptocurrency of affected users.
Xoom, PayPal’s international money transfer service announced that it has launched a new cross-border money transfer product, Debit Card Deposit, enabling Xoom customers in the U.S. to send money directly to their friends & family’s eligible Visa debit cards in 25 countries.
Yellow Card announced that its revolutionary new payment feature Yellow Pay, is now officially available across Africa. With Yellow Pay, customers can send and receive money through the Yellow Card crypto exchange platform.
KoinKoin, the African-focused digital assets exchange, has launched a new app for retail traders to buy and sell digital currencies ultimately using local payment methods.
Blockchain payments company, Centbee, announced that it has closed its pre-Series A round with entrepreneur Calvin Ayre, founder of Ayre Ventures.
VALR, Africa’s largest crypto exchange, has arrived in Zambia, this will allow Zambians to buy and sell Bitcoin (BTC) and USD Coin (USDC), as well as other cryptocurrencies directly using the Zambian Kwacha.
Why would someone initially purchase bitcoin with cash? It is one of the quickest, fastest, and most secret ways to obtain bitcoins.
Undoubtedly, trading crypto has become one of the primary sources of income for many people. In South Africa, a few people trade crypto full-time, while most treat it as a side hustle.
The firm has now revealed that more than 5,000 developers from 43 different African countries registered for the bootcamp with 2,700 being selected for the eight-week intensive mentorship program.
Analysis by blockchain data platform Chainalysis has revealed that Africa’s crypto market is growing faster than anywhere else in the world.
Through the Capital Markets (Amendment) Bill, 2022, KRA aims to introduce income tax for digital currencies held for a period not exceeding twelve months.
GivTrade s’installe officiellement à Abidjan pour donner les meilleures solutions financières , ainsi que la construction de relations durables basées sur la confidentialité, la confiance et la transparence.
Data Mynt and Alibaba Cloud partnering to accelerate Crypto and Cloud Adoption in Africa and Latin America
The partnership will bring secure crypto payments with advanced, secure and reliable cloud and web3.0 services and technologies to businesses in Africa, Latin America and beyond.
It’s now emerging that the collapse of American crypto platform FTX last week has had an impact on Nigeria’s Web3 startup Nestcoin, even as its effects continue to be felt across the world.
Virtual currencies are a new payment system that allows you to make online payments without going through banks or other financial institutions.
Virtual currencies may be the future of money, but they still have a long way to go before they're ready for mainstream adoption. Here are some of the biggest challenges facing virtual currencies today:
BitOasis customers will be able to convert their cryptocurrency holdings to fiat currency allowing the consumer to easily shop and pay at more than 90 million merchant locations globally.
Collaboration involves Coinbase building their global data platform on Google Cloud and Google Cloud leveraging Coinbase Commerce to enable crypto payments for its solutions.
Any physical, intangible, financial or non-financial investment has an element of risk associated with it and an investor can either accept the risk, try to mitigate it or avoid it entirely. However, to do any of these, the risks must first be understood.
The licence, in accordance with Section 11 of the Virtual Asset Act, 2022, was issued by the Non-Bank Financial Institutions Regulatory Authority [NBFIRA].
Centurion Invest partners with ImpalaPay to advance African mass adoption of digital assets payments to Mpesa, Airtel and Orange
Centurion Invest has partnered with ImpalaPay, a blockchain-based fintech company with operations in 134 countries worldwide and 42 African countries, to advance African mass adoption of digital assets payments to Mpesa, Airtel and Orange.
Known as Crypto Source, the program offering is complemented by Mastercard Crypto Secure to bring additional security to the crypto ecosystem and support card issuers in their compliance with complex regulations.
Damilare Aregbesola is the Developer Marketing Manager for Africa at Polygon. He is in charge of telling the story of Polygon’s scaling solutions to African developers and likewise those of African developers building on Polygon to the world.
Data Mynt Partners with Yellow Card Financial to Enable Cash Payouts for Merchants and Platforms Across Africa
Data Mynt, the leading digital asset checkout and payment infrastructure provider for merchants and platforms, has announced a strategic partnership with Yellow Card Financial to expand their services to the African continent initially in Ghana, Kenya, Nigeria, and South Africa.
No particular investor can be able to monitor the various fluctuations that are generated in the cryptocurrency market.
Emission (ICO) d’une crypto monnaie d’entreprise LiorS pour accélérer l’inclusion financière en Afrique
EiC Corporation, lance un ICO (Initial Coin Offering) à travers l’émission du LiorS Token de Gouvernance (DAO), un crypto-actif d’entreprise multifonctions (service, gouvernance, unité de mesure) en vue de développer ces différents programmes d’éducation financière.
Mastercard has launched Crypto Secure, a first-of-its kind technology solution designed to bring additional security and trust to the digital ecosystem.
The programme—the industry’s first coordinated effort across the globe—was created by Binance to help law enforcement and prosecutors detect financial and cybercrimes and to assist in the prosecution of bad actors.
The Polygon Bootcamp and Hackathon will be the company’s first edition in Africa and will introduce developers in the region to the Polygon ecosystem using Xend Finance and Polygon technologies.
Mara, un écosystème panafricain de la finance numérique, a lancé la Mara Academy, une plateforme éducative qui propose des cours en ligne dans le domaine de la finance numérique et de la technologie blockchain.
[Kenya] Standard Chartered and Strathmore University Launch East Africa Women in Cyber Mentorship Program
Standard Chartered in collaboration with @iLabAfrica-Strathmore University has launched a mentorship program targeting women in any field with junior-level experience (2-3 years) seeking an entry into careers in Cybersecurity.
Cryptocurrency firm Binance has launched a crypto education tour across five French-speaking African countries. The tour aims to drive blockchain adoption and fuel greater financial accessibility in the region
Nigerian blockchain payments startup Bitmama announced a pre-seed extension of $1.65 million, adding to the $350,000 it received last October, thus closing the round at $2 million, led by Unicorn Growth Capital and Launch Africa.
According to Kaspersky Security Network data, in the African region, the number of home users affected by cryptominers in Q2 of 2022 decreased slightly compared to the previous quarter
Luno, the leading global cryptocurrency investment platform has partnered with Makerere University Business School, Uganda’s leading business school as part of Luno’s nationwide cryptocurrency education drive.
Nigerian PayTech Flutterwave has launched support for the eNaira,The payment method is available to all Flutterwave merchants who want to collect Nigerian Naira (NGN) from their customers who have the eNaira app.
300 women from across Africa have graduated from Binance’s First Blockchain Bootcamp which kicked off in March 2022. The women were selected from a pool of 3000 women who had applied for the Bootcamp.
Le groupe BCP lance, avec l’accompagnement de l’AMMC et la participation de Maroclear, une opération d’émission d’obligations basée sur la technologie Blockchain.
The Digital Dollar Project launches technical Sandbox Program to explore Central Bank Digital Currency Infrastructure Solutions
Luno has teamed up with Springbok rugby captain Siya Kolisi to launch an educational campaign that encourages South Africans to think long-term when it comes to crypto investing.
This article looks at Web3, passwordless authentication, artificial intelligence and machine learning as three trends likely to make the biggest impact in the coming months.
Il s'agit d'un hub crypto unique en son genre, qui sera un centre de formation pour des sessions d'éducation en personne sur la blockchain
This is a first-of-its-kind crypto hub and will be a training center for in-person blockchain education sessions
Binance introduit le trading sans frais pour la paire de trading spot ETH/BUSD le 26/08/2022 à 00 h 00 (UTC).
DeathStalker is an infamous hack-for-hire APT actor that Kaspersky monitors since 2018, and which mainly targets law firms and organisations in the financial sector.
SBS becomes main distributor of Modex's blockchain-based solutions across the MENA region and Africa
Superior Business Solutions (SBS), an innovative IT solutions provider from Florida, USA, with operations in the UAE, Kuwait, Qatar, and Egypt, has become the main distributor of Modex's blockchain-based products and services across the MENA region and Africa.
High net worth individuals, corporates and institutions to benefit from Yellow Card’s OTC Crypto Desk
Yellow Card Financial, the fastest growing cryptocurrency company on the continent, provides a personalised trading facility through their world-class Crypto Over-The-Counter (OTC) desk for those who seek to trade any volume worth over or from $50,000 to millions of dollars.
Users in Egypt can now open accounts on the platform and access all its services, including connecting their bank accounts to their CoinMENA wallets, allowing them to deposit and withdraw funds directly and safely.
Côte d'Ivoire has raised its reputation as a leading party for investment when considering francophone Africa but also considering the continent as a whole.
Mobile-first blockchain ecosystem Celo has launched a new programme to support African startups across payments, remittances, virtual assets, savings, and related financial services.
The initiative dubbed Africa Startup League is powered by Humanity Node Protocol (HNP), Web3Africa and Adanian Labs and will see 10,000 African owned enterprises compete for a grand prize of $1 million, where each business will build technologies on blockchain.
Tokens.com, a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, announced that its subsidiary, Hulk Labs, has entered into a play-to-earn partnership with the Democratic Republic of Congo.
With more devices in the hands of employees than ever before organisations risk exposing themselves to cyber threats if their security solutions and services don’t factor in how individuals will actually use them.
Binance Labs, the venture capital and incubation arm of Binance, announced the closing of $500 million investment fund to invest in projects that can extend the use cases of cryptocurrencies and drive the adoption of Web3 and blockchain technologies.
The Nigerian government has signed a 3-year exclusive IPR agreement with Developing Africa Group to launch a nation-wide wallet which will enable the international commercialization of all IP forms being created and registered within the country.
Sophos explains how the complexity of cryptocurrency and decentralized finance (DeFi), the foundations of liquidity mining, create the ideal environment for criminals to easily camouflage and carry out their malicious intentions.
[Africa Tech Review] Nixon Kanali: Safaricom’s mobile money service M-Pesa revenue hit Ksh.107.69 Billion
According to Safaricom's Full Year 2021/2022 results released this week, M-Pesa revenue grew by 30.3% to hit Ksh. 107.69 Billion making it one of the biggest contributors to Safaricom's net profits.
Crypto and blockchain infrastructure provider Binance announced that it has been granted a Digital Asset Service Provider (DASP) registration to operate in France by Autorité des marchés financiers (AMF).
NEAR Foundation, the Swiss non-profit that oversees the governance and development of the NEAR protocol, today has launched a regional hub in Kenya dedicated to blockchain innovation.
LBank has set up shop in various locations across Africa as pioneers of the next generation of crypto and blockchain users, collaborating with other African ventures such as Adanian Labs who share a similar desire to help these countries realise their full potential.
The digital gold rush is here. As more people attempt to make money from cryptocurrencies, criminals and con artists aren’t far behind.
Crypto company Luno has announced that its exchange platform has hit 10 million customers in over 40 countries. Founded by two South Africans Luno says the latest one million customers were onboarded in just six months.
The pandemic has driven home the high value of personal data to the global economy, while also highlighting its vulnerability to abuse and attack.
Kaspersky has patented a new blockchain technology that eases the data management process and ensures the lawful sending and processing of information.
Top cryptocurrency exchange LBank successfully held a blockchain event for its premium users in Nigeria. Dubbed "LBank Blockchain and VIP Hangout'
Mercy Corps is launching a new Crypto for Good Fund of $1 million to test and support blockchain-based solutions for people who are currently low-income and/or unbanked.
Cryptocurrency exchange platform Luno, a subsidiary of Digital Currency Group (“DCG”), has launched Luno Expeditions, an early-stage investment arm to support fintech and crypto/web3 startups from around the world.
African founded cryptocurrency exchange, Quidax, announced its crypto markets has been listed on CoinMarketCap, the world's most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency ecosystem.
African blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment.
Nigerian crypto exchange Busha launches Busha Yield to allow customers earn up to 10% annual interest
Busha, a crypto exchange in Nigeria with the mission to onboard millions of Africans into the crypto economy, announced the launch of its new crypto savings feature Busha Yield, to enable customers earn up to 10% APY.
Africa and Asia are the home of mobile money, where the shift to digital wallets is in full swing in countries with high smartphone penetration.
South African cryptocurrency exchange VALR raises $50m Series B funding to expand across the continent
VALR.com, a South Africa cryptocurrency exchange, announced it has raised $50 million, Africa’s largest ever crypto funding round, bringing the company`s valuation at $240 million.
Africa and Asia are the home of mobile money, where the shift to digital wallets is in full swing in countries with high smartphone penetration.
To gain a competitive advantage and to exceed customer expectations, businesses need to discover the emerging trends in ecommerce and adopt current trending technologies in software.
Blockchain ecosystem and cryptocurrency infrastructure provider Binance has announced its sponsorship of the seventh season of Nigerian Idol, the Nigerian version of the popular music competition television series.
The pitching competition is targeting startups operating in the blockchain space and is expected to also take place in Nigeria and South Africa.
Kaspersky experts have uncovered a series of attacks by advanced persistent threat (APT) actor BlueNoroff against small and medium-sized companies worldwide resulting in major cryptocurrency losses for the victims
For the global cryptocurrency industry, 2021 is likely to be remembered as one of the many years bitcoin broke past its all-time price high and drove the sector even closer towards mainstream adoption.
Cybersecurity firm Kaspersky has developed a cybersecurity policy, making it one of the first organisations to address the challenge of the human augmentation phenomenon.
As we kick off the new year, Marius Reitz, Luno’s General Manager for Africa, explores three key trends to expect on the continent throughout the year:
Companies deploy multiple security, intelligence and productivity monitoring tools in the hopes of working smarter and safer. However, none of these solutions focus on the humans driving day-to-day operations.
This comes at a moment when digital currencies are taking greater hold in the popular consciousness.
As Binance continues its mission to increase the freedom of money for users, drive blockchain adoption and enable greater accessibility, it remains dedicated to crypto education globally.
Africa-based cryptocurrency exchange Busha, raised $4.2 million seed round led by Jump Capital. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated in the financing round.
[South Africa] Crypto Valley Venture Capital initiates an investment strategy to build a blockchain accelerator for African startups
The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy, to invest in blockchains’ wider applicability to solving problems and creating new markets.
Cybereason, the leader in operation-centric attack protection, has published a global study of 1,200+ security professionals at organisations that have previously suffered a successful ransomware attack on a holiday or weekend.
Leading blockchain ecosystem Binance has announced 10 Fundamental Rights for Crypto Users that can serve as a guiding hand in regulatory discussions and development of global frameworks for crypto markets.
According to the Association of Certified Fraud Examiners (ACFE), more than half (51%) of organisations have faced rising fraud since the pandemic’s onset.
Gravitational force of ransomware’s black hole is pulling in other cyberthreats to form one massive, interconnected ransomware delivery system – with significant implications for IT security. This is according to the Sophos 2022 Threat Report released yesterday.
The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.
The Africa Blockchain Center (The ABC), a Kenyan startup focused on building technology capacity and offering blockchain solutions to key sectors, raised a $7x figure investment from Next Chymia Consulting.
With technology evolving and people embracing the likes of mobile wallets, banking apps, and other solutions to manage transactions, businesses must rethink how best to bolster anti-fraud mechanisms.
EMURGO, the official commercial arm of the Cardano blockchain, announced the launch of a new Cardano ecosystem investment vehicle to invest into early startup and growth stage companies focused on building socially impactful solutions powered by Cardano.
Africa's crypto exchange Yellow Card raises $15m Series A funding to fuel expansion across the continent
Pan-African cryptocurrency exchange, Yellow Card, announced a $15 million Series A, the largest ever by an African cryptocurrency exchange, to ramp up hiring and continue its expansion across the continent.
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.
Olea’s rigorous risk analytics and secure platform offers investors access to investment options for returns that align with their risk profiles. It provides a radically transparent, speedier and hassle-free way to access working capital for supply chain participants regardless of size.
Since its inception in January 2020, the Binance Masterclass says it has provided free crypto education to over 400,000 Africans