Africa
CEOs of Bolt and Wyre on the Largest Crypto Deal to Date
Bolt CEO Maju Kuruvilla and Wyre CEO Ioannis Giannaros discuss Bolt’s decision to purchase crypto firm Wyre for $1.5 billion in the largest non-SPAC deal of the industry. They also share plans to develop user-friendly crypto payment services. Plus, a conversation about their efforts in Latin America and Africa and which cryptocurrencies will be adopted for payments.
Sudan's Central Bank Warns Against Using Crypto as Economy Suffers: Report
The bank said that cryptos carry high risks, including financial crime, piracy and loss of value.
Why Web 3 Needs Africa
“The Hash” hosts discuss the crucial role Africa plays in the adoption of Web 3 technologies, being home to the second largest bitcoin market in the world. The conversation touches on financial inclusion, digital payments, and efforts to educate the continent's youth on technology.
Web 3 Needs Africa, Not the Other Way Around
The continent has shown a willingness to embrace new financial services technologies, and crypto addresses a pressing need in every country.
Lemonade Is Working With Avalanche, Chainlink on Weather Insurance for Farmers
A newly formed DAO backed by the Lemonade Foundation will roll out permissionless weather insurance to African farmers later this year.
FTX Boosts Global Presence With AZA Finance Link in Africa
The agreement follows one day after FTX Europe said it received a license to operate a crypto exchange in Dubai.
Stellar Development Foundation Launches $30M Investment Fund
The fund will match investments in platforms that use the Stellar blockchain.
African Crypto Exchange VALR Raises $50M in Series B Led by Pantera Capital
Alameda Research and Coinbase Ventures were also investors in the round, which valued the company at $240 million.
African Web 3 Super App Jambo Raises $7.5M in Seed Round
The all-in-one education, play-to-earn and personal finance app is backed by Coinbase, 3AC, Alameda Research and Polygon Studios, among others.
