REGULATION | South Africa Has Now Approved 248 Crypto Providers Out of 420 Received So Far, Only 9 Applications Rejected

The South Africa Financial Sector Conduct Authority (FSCA) has approved 248 crypto asset service provider licences out of the 420 applications received, the regulatory body has said. So far, only…

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FUNDING | Nigerian Fintech, BillBoxx, Raises $1.6 Million in Pre-Seed Funding Round After Facilitating $4 Million via its MVP

Nigerian fintech, Billboxx, has raised $1.6 million pre-seed funding round, the startup announced in a press release. The round saw participation from renowned investors including: Norrsken Accelerator Kaleo Ventures Founders…

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REPORT | Ethereum Remains the Most Popular Blockchain Among Developers in Africa, Says 2024 Crypto Developer Report

The number of monthly active developers in the web3 ecosystem in 2024 was 23,613, says a new report by Electric Capital. According to the report, the number represents 39% growth…

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PARTNERSHIP | Circle Partners with Binance to Accelerate Global USDC Adoption Across the Binance Ecosystem

Crypto industry giants, Circle Internet Group Inc. and Binance have joined forces in a new strategic partnership announced at Abu Dhabi Finance Week that will expand adoption of USDC and…

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PROJECT SPOTLIGHT | How Legitify, a Tanzanian Project, Seeks to Tackle Document Fraud with Web3 Technology

The story of Legitify, a cutting-edge project developed by a talented team of students from the University of Dar es Salaam, is inspirational. Recently, Legitify was recognized as one of…

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REPORT | Almost Half of All USDT Transactions in 2024 Originated from Emerging Markets, Says Q4 2024 Tether Report

According to Tether, 109 million on-chain wallets held USDT at the start of the fourth quarter, making the stablecoin one of the most popular assets.   “109 million on-chain wallets…

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BITCOIN | NYSE-Listed BIT Mining to Acquire Ethiopian Bitcoin Mining Data Centers and Mining Machines in $14.3 Million Deal

BIT Mining Limited has announced the acquisition of 51-megawatt crypto mining data centers and 17,869 high-performance Bitcoin mining machines in Ethiopia in a transaction valued at $14.3 million on December…

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