Pan-African cryptocurrency exchange, Yellow Card has raised $40 million in Series B funding in a round led by Polychain Capital. Other investors include Valar Ventures, Third Prime, Sozo Ventures, Castle
The Ethereum Blockchain, the second-largest cryptocurrency behind bitcoin, is set to start undergoing a significant update. Known as the “merge,” Ethereum is converting to proof of stake, a more energy-efficient
Metaverse Magna (MVM) has raised $3.2 million seed to build Africa’s largest gaming decentralized autonomous organization (DAO). It was incubated in partnership with Old Fashion Research (OFR), a
The popular Crypto Fest will return for its fourth iteration on September 30, 2022, and for the first time as a hybrid event that will take place both physically in
The world’s largest cryptocurrency exchange by number of transactions, Binance, has announced the opening of a fiat gateway for the South African Rand as part of its strategy to
Nigerians and users from other African countries have in recent times severally recounted their negative experience while trading with Binance. Reports suggests that they were denied access to their wallets
Despite rising usage, cryptocurrencies have long faced legitimacy issues in Africa. However, a Blockchain analytics company, Chainalysis, claims that the use of cryptocurrencies is expanding faster on the continent than
H20 Securities, the world’s first water cryptocurrency, has announced it raised $150 million through the sale of its tokens. The purchase came in form of an investment from GEM
Despite growing use, cryptocurrencies have struggled for legitimacy in Africa for years. However, according to Chainalysis, a blockchain data platform, crypto usage on the continent is growing faster than anywhere
Crypto Valley Venture Capital (CVVC), a Switzerland-based VC firm has launched an Africa-focused early-stage fund to back blockchain startups in the continent. This was disclosed by the investor on Monday
South African Crypto platform, Luno announced on Wednesday that it has onboarded 10 million users across 40 countries into its platform.
Founded by Marcus Swanepoel and Timothy Stranex in 2013,
Nigeria-based cryptocurrency exchange, Busha has raised $4.2 million in investment led by Jump Capital. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated
