Cryptocurrency





















South African firm to bet $10m on Bitcoin as treasury asset

South Africa’s Altvest Capital wants to invest $10 million in Bitcoin, becoming the first publicly listed African firm to hold the cryptocurrency as a treasury asset.

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Nigeria sues Binance for $81.5bn, 30% over the exchange’s valuation

Nigeria is suing Binance for $81.5 billion, $20 billion more than the company’s entire valuation. The lawsuit accuses Binance of operating without proper registration and failing to comply with Nigerian tax laws.

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Nigeria to tax cryptocurrency transactions as government tightens digital asset rules 

Nigeria is amending its digital asset regulations to tax cryptocurrency transactions, marking a shift from past restrictions to a structured approach aimed at boosting revenue and oversight.

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10 events that shaped the crypto market in 2024

In the past 15 years, the crypto industry has had defining moments that have come to shape the state of the market. In 2024, we had a lot of these moments and here are 10 of them.

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Binance records $23 billion deposits so far in 2024

Binance has received $23 billion in deposits so far in 2024, $3 billion less than the $26 billion authorities claim it made from Nigeria alone in 2023.

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  How to create crypto tokens

From $DAVIDO to $SABINUS, we’ve seen seen the launch of interesting crypto tokens this year. Here’s how to launch your crypto token and the legal considerations.

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As bitcoin crosses $100k here are 5 cryptocurrencies under $1 you can invest in

If you’re feeling FOMO after bitcoin crossed $100k, here are five low-value cryptocurrencies you can buy to make money from the crypto bull run. It is that time again when we see bitcoin reach new all-time highs instantaneously. Since November, the flagship cryptocurrency has risen by almost 40%, setting the crypto market into an undeniable…

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Bitmama pauses virtual MasterCard services following issues with the card provider

Bitmama joins growing list of startups suspending virtual card services. The startup has paused its virtual MasterCard services following issues with the provider.

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6 legit crypto mining apps for Android and iPhone

Mobile crypto mining has become an increasingly popular way to earn cryptocurrency using legit crypto mining apps for Android.

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Yellow Card secures South African CASP licence

Yellow Card, a Nigerian-founded fintech company, has secured a Crypto Asset Service Provider (CASP) licence in South Africa, marking a significant regulatory milestone in its African expansion.

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Will Trump’s crypto bull run continue? 

Bitcoin is a couple of dollars from $90,000. The flagship crypto has been on an upward trend since Donald Trump’s election victory, but will this bull run last?

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Binance users in Cameroon, Togo, DRC can now buy crypto using mobile money payments

This comes almost two months after Binance, in August 2024, introduced a new feature that allowed users in Ghana, Tanzania, Uganda, and Zambia to trade crypto assets using mobile money. The feature, One Click Buy and Sell (OCBS), as part of Binance’s global fiat on-ramp/off-ramp offering, aims to facilitate seamless crypto asset purchases and direct…

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South African retail bank Capitec restricts customers from sending funds to crypto exchanges

South African retail bank Capitec has blocked payments to crypto exchanges in an anti-fraud measure. Farzam Ehsani, CEO of VALR, also said that the bank informed them that it had decided to restrict its customers from sending funds to crypto exchanges.

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From TapSwap to Hamster Kombat: How tap-to-earn crypto trends dashed the millionaire hopes of many Nigerians

Did you quit your job to retire off the tap-to-earn crypto game, Hamster Kombat? Then this article is a virtual support group for you. Learn about crypto, games, and the people who got hurt by it.

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Over 31,000 merchants in South Africa now accept crypto on Luno

Luno customers can now make crypto payments of up to R100,000 (~$6,000) at over 31,000 merchants in South Africa thanks to a partnership with Zapper.

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Nigeria’s SEC grants crypto licence to Busha and Quidax

Nigeria’s SEC grants crypto licence to Quidax and Busha. The exchanges will be part of SEC’s accelerated regulatory incubation program (ARIP).

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We did not make $26 billion from Nigeria — Binance CEO

Binance has refuted the Nigerian government’s claim that it made $26 billion in revenue from the country in 2023, noting that Nigeria has never been a major market for the company.

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Binance users in Ghana, Uganda, Zambia can now trade crypto assets via mobile money

Binance has announced the expansion of its services with a new feature enabling users in Ghana, Tanzania, Uganda, and Zambia to trade crypto assets using mobile money. This comes amid challenges with its operations in Nigeria.

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Frozen #EndBadGovernance crypto wallets are on KuCoin and MEXC and still performing transactions

Frozen crypto wallets concerning #EndBadGovernance protests are still active. The wallets, which are owned by KuCoin and MEXC, are still sending and receiving thousands of dollars as of press time.

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LTC/NGN: How to Sell Litecoin in Nigeria for Cash

If you’re unsure of how to sell Litecoin in Nigeria for cash, this article is for you. In it, you’ll learn how to convert your Litecoin to Naira at the best rate using the safest and fastest method.

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