The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Nigerian Youth Propels the Country to the Top…
Nigeria, one of the biggest cryptocurrency markets in the world, recently emerged as the country with the highest number of bitcoin searches globally, according to Google Trends data. The data shows that the West African…
Kenya Expects to Earn $46 Million as New…
The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45.5 million) during the first half of 2020 from a new tax that targets cryptocurrency exchanges and other online services,…
South African Court Grants Order to Liquidate Mirror…
A South African High Court recently granted a provisional liquidation order against Mirror Trading International (MTI) following an application for relief by two investors who failed to withdraw their bitcoin. According to a statement released…
Nigeria Is Paxful’s Second Biggest P2P Bitcoin Market,…
Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U.S., which traded $3.75…
Newly Appointed Ukrainian Politician Declares Owning Over $24…
A 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR). 19-Year-Old…
Nigeria’s Yellow Card Processes $165 Million in Crypto…
Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances…
Mike Novogratz: Everyone Should Put 2% to 3%…
Bitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in…
Bitcoin Rally Isn’t Just Institutional Driven, Emerging Markets…
Bitcoin very well has the potential to be the successor to the dollar and the next global reserve currency. For now, the store of value narrative and acting as a hedge against inflation has drawn…
South Africa Unveils New Crypto Rules as Usage…
The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.” South…
Macro Investor Dan Tapiero on Crypto Adoption: Emerging…
Bitcoin and gold holder Dan Tapiero, says it is still early to talk of widespread crypto adoption as the proportion of users relative to the rest of the population remains low. Tapiero makes the remarks…
‘Still so early’ — 7% of Americans have…
According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC). This means current investors in BTC are still in an early stage of growth. Dan Tapiero, the co-founder of 10T…
Foreign Crypto Exchanges Like Paxful, Binance to Pay…
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency…
African traders least likely to fall for crypto…
Blockchain forensics firm Chainalysis has found that crypto traders in Africa are less likely to have sent tokens to, or received tokens from, known scam addresses than traders in other regions in the past year.…
Bitcoin Revolution South Africa: Scam Claims Support by…
A bitcoin investment scheme called “Bitcoin Revolution South Africa” has been gaining much attention lately. Promoters claim that famous South Africans endorse this platform, including mining billionaire Patrice Motsepe, comedian and actor Trevor Noah, and…
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa…
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8…
South African Man Charged in U.S. Court for…
A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising…
FreeBitcoins.com is Open Again With Three Helpful Tools…
700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than…
South African Bitcoin Investment Company Pushes Back Against…
Mirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State Securities Board (TSSB), is pushing back allegations that it is running…
South Africa Proposes New Rules to Regulate Cryptocurrencies,…
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the…
South African Investors to Lose $13 Million as…
A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states. Willie Breedt is the…
Personal Data of 250,000 People From 20 Countries…
A global bitcoin scam has reportedly leaked personal data of about 250,000 people from more than 20 countries. The majority of the compromised data were of people in the U.K., Australia, South Africa, and the…
Africa Posts Triple-Digit P2P Volume Gains in Three…
Peer-to-peer Bitcoin (BTC) trading has seen rapid growth in recent months, with the African continent now the second-strongest region in the world for P2P volume behind the U.S. Africa was the sole region to produce…
Deloitte: 39% of Companies Worldwide Now Have Blockchain…
Auditing giant Deloitte’s latest survey shows that almost 40% of respondents from major technology companies worldwide currently have blockchain in production — and almost nine in ten think blockchain will become more important in the…
Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain…
During the month of April, the blockchain project Onfo initiated an experiment to see how fast crypto assets can gain popularity in four different countries. The team’s findings discovered that cryptocurrencies spread four times faster…
Africa Is Experiencing a Crypto Renaissance
Crypto adoption is making significant advances in Africa, with crypto ownership, trade volume, and regulation all moving toward greater adoption. A recent report by Arcane Research and Luno found that Uganda, Nigeria, South Africa, Ghana,…
South Africa Leads Crypto Revolution in Africa –…
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians…