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” With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto “ The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to the increasing interest in digital assets among…
” Nexo and Amber Group executives claim ‘exponential’ growth in crypto institutional investment “ During the 8th edition of the Blockchain Africa Conference 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a virtual panel titled “Cryptocurrency Institutional Investment: Increasing Returns and Improving Diversification.” Panelists Kalin Metodiev, co-founder and managing partner at Nexo, and Dimitrios Kavvathas, chief strategy…
” Lemonade partners with blockchain bigwigs to combat climate change “ Insurance company Lemonade has partnered with prominent blockchain companies to form the Lemonade Crypto Climate Coalition (L3C) decentralized autonomous organization (DAO) to protect farmers from climate change by offering blockchain-based insurance. The insurance firm founded Lemonade Foundation, a nonprofit focused on creating social and…
” Crypto users in Africa grew by 2,500% in 2021: report “ Cryptocurrency adoption in Africa is on the march, despite socioeconomic factors and headwinds. A positive report by cryptocurrency exchange KuCoin shows that crypto transactions increased by up to 2,670% in 2022. An astonishing growth trend, the steep influx relates to the low values…
” ‘We don’t like our money:’ The story of the CFA and Bitcoin in Africa “ Nearly 150 million people use the franc of the Financial Community of Africa (CFA) on a daily basis, from Senegal in the extreme west to Gabon in the center of the continent. Used in 14 countries, the CFA is…
“A hippo ripped off my arm and threw me around like a rag doll” A safari guide has described how he was swallowed by a “monster hippo” that ripped off his arm off and “threw him around like a ragdoll.” Paul Templer was left with 39 “major” bite wounds after his life-changing encounter with the…
” Mama Bitcoin: Fishing for female empowerment with crypto in West Africa “ Mama Bitcoin is the pseudonym claimed by a young Senegalese Bitcoiner called Bineta. Her business, Bleu comme la mer, was the first retailer in Senegal (and possibly West Africa) to accept crypto as payment. She’s also the first generation of her family…
“# South African exchange raises $50M in Africa’s largest funding round ” South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange. With this latest round of funding, VALR’s valuation has increased to $240 million, a 10X in growth since…
“# One man’s plan to orange pill a nation: Bitcoin Senegal ” Nourou is a 29 year old Bitcoiner with a vision for his home country. A former financial analyst for a French Bank, he founded Bitcoin Senegal in late 2021. Following an eight-year stint in France, during which Nourou earned his Masters degree, Bitcoin…
“#Lose mask mandates and other commentary” Libertarian: Lose Mask Mandates President Biden “has no clear idea of when” to nix mask mandates for good, huffs Jacob Sullum at Reason. The right time is now: “Americans, including those who are especially vulnerable to COVID-19, have the tools to protect themselves regardless of whether everyone else is…