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AI Hysteria Ignores Africa’s Harsh Reality: Lack of Internet Access Remains the True Threat

Bitcoin.com
AI Hysteria Ignores Africa’s Harsh Reality: Lack of Internet Access Remains the True Threat
Africa
AI Hysteria Ignores Africa’s Harsh Reality: Lack of Internet Access Remains the True ThreatWhile discussions about AI’s societal impact dominate globally, Africa’s limited internet access and other realities make widespread AI adoption on the continent unlikely. This points to the need for practical solutions before debating theoretical risks. AI Threat Debate Misses the Mark The debate surrounding artificial intelligence (AI) and its potential societal impact dominates headlines. However, […]
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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Nigerian Crypto Industry Players Applaud Proposal to Jail Ponzi Operators

Bitcoin.com
Nigerian Crypto Industry Players Applaud Proposal to Jail Ponzi Operators
Africa
Nigerian Crypto Industry Players Applaud Proposal to Jail Ponzi OperatorsNigeria’s proposed Investments and Securities Bill, which proposes jail terms for Ponzi scheme operators, has been welcomed by crypto industry players who hope this will help clean up the sector’s reputation. 10-Year Jail Terms Proposed for Ponzi Operators Some members of Nigeria’s digital asset industry have hailed a draft bill proposing hefty fines and jail […]
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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

African Payment System Gets Banker’s Endorsement, but Viability Questions Linger

Bitcoin.com
African Payment System Gets Banker’s Endorsement, but Viability Questions Linger
Africa
African Payment System Gets Banker’s Endorsement, but Viability Questions LingerThe Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion in processing costs. Boosting Local Currencies Africa’s recently launched Pan-African Payments and Settlements System (PAPSS) could potentially bring $50 billion of informal trade into the formal economy, Tunde Macaulay, head of Africa and offshore regions […]
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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

The Daily Hodl
Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report
Africa
Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing increased usage at time zones correlated with major cities in Eastern Europe, the Middle East and Africa, including sanctioned nations such […]

The post Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report appeared first on The Daily Hodl.

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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions

Bitcoin.com
Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions
Africa
Kenyan Securities Exchange Joins Hedera to Bolster Tokenization AmbitionsThe Nairobi Securities Exchange has joined the Hedera Council to accelerate tokenization initiatives in Africa, leveraging the Hedera network’s technology and global reach. Expediting Uptake of Digital Assets Kenya’s main securities exchange, the Nairobi Securities Exchange (NSE), has joined the Hedera Council to accelerate tokenization initiatives using the Hedera network. By joining Hedera, the Kenyan […]
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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Nigeria’s Currency Plunges as Dollar Liquidity Dries Up: Will a Naira-for-Crude Oil Swap Revive It?

Bitcoin.com
Nigeria’s Currency Plunges as Dollar Liquidity Dries Up: Will a Naira-for-Crude Oil Swap Revive It?
Africa
Nigeria’s Currency Plunges as Dollar Liquidity Dries Up: Will a Naira-for-Crude Oil Swap Revive It?The Nigerian naira recently hit a new low against the U.S. dollar, ranking among the three worst-performing currencies globally. Dollar Liquidity Dries up The Nigerian naira, which has already lost over 70% of its value in 2024, recently dropped to a record low of NGN1,670.65 per U.S. dollar on the official foreign exchange market on […]
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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years

Bitcoin.com
World Bank: Nigeria Loses B on Foreign Exchange Subsidies Over 3 Years
Africa
World Bank: Nigeria Loses B on Foreign Exchange Subsidies Over 3 YearsThe World Bank reports that Nigeria lost over $8 billion due to the Central Bank of Nigeria’s (CBN) refusal to float the naira between 2021 and 2023. This foreign exchange subsidy, along with the fuel subsidy, deprived the government of revenue. The World Bank acknowledges the suffering caused by the government’s policies but insists they […]
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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Revving Up Innovation: Zanzibar Introduces Blockchain Sandbox Program

Bitcoin.com
Revving Up Innovation: Zanzibar Introduces Blockchain Sandbox Program
Africa
Revving Up Innovation: Zanzibar Introduces Blockchain Sandbox ProgramThe Zanzibar government has introduced a blockchain sandbox program to encourage entrepreneurship and technological advancements. The program, powered by the Xinfin XDC network and designed by Ledgerfi IT solutions, allows startups to safely test their blockchain-based solutions within the National Blockchain Network. Zanzibar’s sandbox follows a similar initiative in Tanzania, which aims to streamline regulations […]
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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

South African Bank Blocks Crypto Payments, Faces Industry Backlash

Bitcoin.com
South African Bank Blocks Crypto Payments, Faces Industry Backlash
Africa
South African Bank Blocks Crypto Payments, Faces Industry BacklashSouth African bank Capitec has blocked electronic funds transfers and real-time payments to cryptocurrency exchanges as a security measure. While Capitec acknowledges growing interest in cryptocurrencies, the bank maintains that the measure is necessary to protect clients from fraud. Some industry players view this move as an attempt to restrict crypto trading. Crypto Payments Blocked […]
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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Yellow Card Raises $33M to Expand Stablecoin Presence in Africa

Bitcoin.com
Yellow Card Raises M to Expand Stablecoin Presence in Africa
Africa
Yellow Card Raises M to Expand Stablecoin Presence in AfricaYellow Card, a leading African stablecoin platform, closed a $33 million Series C funding round led by Blockchain Capital. The funding signifies a milestone for Yellow Card and the African fintech industry, highlighting the potential of stablecoins on the continent. This raise brings Yellow Card’s total equity financing to $85 million. Digital Assets Gain Ground […]
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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

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