AFRICA
Binance Backs African Law Enforcement Crackdown on Crypto Scam Networks
Binance supported Operation Catalyst across six African nations, leading to 83 arrests and uncovering $260M linked to terrorism financing and crypto fraud.
Tether Partners with UN to Combat Crypto Crime Across Africa
USDT issuer Tether announces joint initiative with UNODC targeting cybersecurity education and human trafficking prevention across six African nations.
Sora Financial Enhances African-Turkish Remittances with USDC
Sora Financial Technologies leverages USDC to streamline remittances between Turkey and 14 African countries, reducing costs and improving transaction speed for users.
Tether Partners with HoneyCoin to Boost Stablecoin Adoption in Africa
Tether and HoneyCoin collaborate to enhance stablecoin access in Africa, addressing financial inclusion and cross-border transaction challenges through innovative solutions.
IOTA Partners with Global Entities for Africa's Digital Trade Transformation
IOTA collaborates with the World Economic Forum and Tony Blair Institute on ADAPT, aiming to revolutionize Africa's trade through digital infrastructure.
Tether's Strategic Investment in Kotani Pay Aims to Transform Africa's Digital Economy
Tether invests in Kotani Pay to enhance Africa's digital asset infrastructure, aiming to streamline cross-border payments and empower local businesses through blockchain technology.
Sui Launches SuiHub Lagos to Boost Blockchain Innovation in Africa
Sui has inaugurated SuiHub Lagos, a new community-led space aimed at fostering blockchain innovation in Africa's burgeoning tech market.
Tether's Strategic Investment in Shiga Digital to Boost Africa's Blockchain Finance
Tether announces investment in Shiga Digital to enhance blockchain-based financial solutions in Africa, aiming to address cross-border payment challenges and improve financial access.
Binance P2P Expands Trading Pairs with African Fiat Currencies
Binance P2P now supports trading pairs for Solana, TRON, USD Coin, Worldcoin, and Ripple against various African fiat currencies.
Emerging Digital Asset Trends in Africa: A Closer Look
Explore the key digital asset trends in Africa, including the rise of cryptocurrency adoption, regulatory advancements, and the role of technology providers.
OKX Launches Africa Champions Program with Up to 100 USDT Rewards
OKX introduces the Africa Champions Program, offering users the chance to earn up to 100 USDT through referrals. Campaign runs from June 19 to July 9, 2024.
OKX Africa Launches Invite and Earn Campaign with up to 300 USDT in Rewards
OKX Africa's new campaign offers up to 300 USDT in rewards for inviting friends.
Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa
Ripple and Onafriq are collaborating to introduce blockchain-powered cross-border payments, aiming to improve transaction efficiency and financial inclusion in Africa, the GCC, the UK, and Australia.
African Blockchain Ventures See Explosive Growth
African blockchain ventures experienced a 429% increase in funding, surpassing the global average of 4%. Seychelles and South Africa accounted for 81% of the funding, and Nigeria had the highest number of deals but only accounted for 3.4% of funding. Median deal size has significantly increased, indicating growing investor confidence.
Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion
The DeFi space had a busy week with the successful completion of the Shapella upgrade on Ethereum, concerns over privacy related to staking, a major DeFi hack, and a partnership between Fonbnk and Tanda to increase financial inclusion in Africa. The top 100 DeFi tokens had a bullish week, and Glassnode predicted only a small percentage of staked ETH would be withdrawn.