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Bitcoin Price Surges Past $30K Mark, Breaking Year-Long Stagnation

Bitcoin breaks year-long stagnation, surges past $30K mark, affecting the overall crypto market, coinciding with investors awaiting key inflation data Many investors had labelled Bitcoin,...

ABSA Expands Trade Finance Capabilities with Contour Network

ABSA bank joins the Contour blockchain network to digitize and streamline trade finance operations, enhancing efficiency and security. A Pan African bank, ABSA, announced its...

eNaira Adoption Soars Amid Cash Shortage: Transactions Rise 63%

The eNaira, recorded a 63% increase in transaction value due to the country's demonetization policy and cash shortage crisis, with an estimated 22 billion...

Cassava Network and Unipass Partner to Boost Blockchain Integration

Cassava Network partners with Unipass to enhance blockchain technology integration and enable African businesses and users to transact seamlessly in Web3 space. Cassava Network announced...

Zimbabwe Explores Launching Central Bank Digital Currency

Zimbabwe is exploring the launch of a Central Bank Digital Currency to increase financial inclusion for its large rural population and combat inflationary problems. One...

Crypto Scams: Egypt Arrests 29 Individuals in Online Fraud

Authorities from Egypt detained 29 individuals, 13 foreigners, over allegations of running online crypto scams that defrauded investors of nearly $620,000. Egyptian authorities have arrested...

IMF: No Granting Cryptocurrencies Legal Tender Status

IMF advises against giving crypto official status and outlines a 9-point policy framework, including strengthening monetary policy, tax treatment, and legal certainty. The International Monetary...

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