After 2022, Pure Bitcoin Speculation Is Now Dead
This year was a turning point for Bitcoin and its community is now ready to cut the dead weight of price speculation. This is an opinion editorial by Ray Youssef,…
Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving ‘Feedback From Stakeholders’
Barely a month after announcing the restricting of cash withdrawals to under $50 per week, the Central Bank of Nigeria said on Dec. 21 that individuals will be able to…
Africa
Bitcoin
Centralization
Ethereum
Exchanges
Merge
Paxful
Proof of stake
Proof of work
Ray Youssef
Scams
Stablecoins
USDC
USDT
Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision,…
Africa
African crypto holders
Cryptocurrency Exchange
cryptocurrency holders
Huobi
KuCoin
Policy Center for the New South (PCNS)
Three Countries Account for Nearly Two-Thirds of Africa’s Crypto Holders — Study
According to a new study, out of the estimated 55.3 million cryptocurrency holders that are spread among 33 African countries, three countries — Nigeria, South Africa, and Kenya — account…
The Africa Bitcoin Conference Showed That Africa Needs Bitcoin, Just As Bitcoin Needs Africa
This month’s Africa Bitcoin Conference underscored the need for Bitcoin on the continent and the progress of grassroots projects there. This is an opinion editorial by Josef Tětek, the Trezor…
Nigeria Looking To Legalize Bitcoin Usage: Report
If passed, the reported amendments would regulate bitcoin and cryptocurrency usage in the African nation. A local Nigerian newspaper has reported that Babangida Ibrahim, chairman of the House of Representatives…
Bitcoin’s Lightning Network Is Enabling Instant Fiat Transfers Between Europe and Africa
People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittances in local currency from the EU and the UK through Bitcoin’s Lightning. Bitcoin app CoinCorner said in a…
Bitcoin App Strike Launches Instant, Cheap Remittances To Africa
People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network. Bitcoin payments app Strike said in a statement Tuesday that…
African Bitcoin Mining Firm Gridless Raises $2 Million In Funding Round Led By Stillmark, Block Inc.
The mining company focuses on rural communities in East Africa and intends to increase electricity and energy access for the region. Gridless, a bitcoin mining company that is focused on…