Africa
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.
Paxful CEO on Launching Bitcoin Educational Center in El Salvador
Crypto trading platform Paxful has opened “La Casa del Bitcoin,” a bitcoin educational center in El Salvador to enable free learning opportunities related to BTC and boost adoption. Paxful CEO Ray Youssef shares insights into the launch, addressing concerns BTC could be too volatile to serve as a national currency.
How Bitcoin Contributions Funded a $1.4M Solar Installation in Zimbabwe
The long-running Sun Exchange has a pitch for environmentally conscious bitcoiners.
Tanzania Plans to Launch CBDC After eNaira Launch: Report
The country’s central bank has reportedly begun preparations for its own CBDC.
FTX Leads $150M Funding Round in African Payments Firm Chipper Cash
The cross-border payments company is now valued at roughly $2 billion.
New Chainalysis Report Reveals Who’s Leading the World in Crypto Adoption
The blockchain data firm changed its methodology this year for ranking countries on their level of adoption, with Vietnam and India topping the list.
Nigeria to Postpone Its CBDC Launch: Reports
The central bank is delaying the eNaira’s start as the African nation gears up to celebrate the 61st anniversary of its independence, according to two reports.
Nigeria’s CBDC: The Good, Bad and Ugly
The possible impacts of an eNaira for financial inclusion, privacy and decentralized crypto.
KuCoin Registers Record 2M New Users in Second Quarter
African crypto markets hit a “major” developmental point, with trading volumes climbing 20-fold, the exchange said.
