TL;DR, Kotani Pay’s crypto on-ramp solution secured a major investment from Tether to expand its low-cost payment rails in Africa. The platform uniquely solves the last-mile problem by allowing users to convert stablecoins to local currency via mobile money, and even offers access through a USSD code for those without internet. This partnership is a…
TL;DR, The NiYA Startup Pitch 1.0 named 17 NiYA tech pitch winners, who shared a $25,000 prize pool to fund their ventures in health, agritech, and AI. Ministry-backed and partner-supported, NiYA combines grants, training, and market access across five pillars to turn prototypes into scalable ventures. Healthtech and Agritech startups were the most prominent…
TL;DR, Blockchain.com’s Nigeria-first rollout offers 100+ U.S. equities/ETFs as tokenized stocks via a DeFi wallet, with NGN funding and $10 minimum buys. This new feature breaks down investment barriers by offering fractional ownership, 24/7 trading, and the ability for Nigerians to fund their wallets directly with Naira. Competition is heating up (Luno, VALR)…
TL;DR, Binance Pay partnered with Zapper to enable QR code crypto payments at 31,000+ South African merchants, including KFC and Sasol, effectively doubling Binance’s global merchant network. The system is seamless and risk-free for merchants, who require no new hardware and receive instant settlement in local currency (ZAR), completely avoiding crypto’s price volatility. This partnership…
TL;DR A US-China trade war dispute triggered a record-breaking $19.33 billion crypto liquidation event, wiping out 1.6 million leveraged traders in a single day. The crash was amplified by a “liquidity vacuum” where market makers pulled orders, causing a cascade of forced selling and controversial auto-deleveraging by major exchanges. To prevent liquidation, traders must use…
TL:DR, The Paxful shutdown affects 14 million users in 140+ countries; withdraw funds before November 1, 2025 to avoid losing access. Closure stems from historic misconduct by former executives plus mounting legal and compliance remediation costs that made operations unsustainable. The exchange’s collapse was caused by massive legal and compliance costs stemming from…
TL;DR, Nigeria’s new crypto tax takes effect January 2026, targeting $92.1 billion in annual transactions with a 15% tax on gains above ₦800,000. Individual traders must self-report crypto profits while VASPs face strict record-keeping requirements, periodic transaction reporting, and potential license revocation for non-compliance. Fast-moving regulation (ban lifted, securities classification, CNGN push) aims to formalize…
TL;DR Bybit and Tether’s South African crypto scholarships run Oct 2–Nov 7, offering a $3,000 top prize and 50 total awards. Applicants submit a short video, share it on social, and compete for weekly picks, making the program accessible while spreading blockchain literacy. Through initiatives like the Bybit Rising Fund and Tether Edu, both are…
TL;DR, BlockchainHub Africa launched a physical blockchain incubation hub in Enugu State on October 4th, endorsed by Nigeria’s government to train developers in DeFi, digital identity, and supply chain solutions. The physical hub combines hands-on training, coworking, mentorship, and investor access to accelerate globally competitive Web3 solutions. With clearer rules and interest from Solana, Lisk,…
Africa’s largest independent asset manager issues a stark warning: limit Bitcoin to 5% of portfolios. Sygnia, managing $20B in assets, counters the hype despite BTC’s 82% annual surge and $100K milestone. CEO Magda Wierzycka cites volatility risk as AltVest goes “all-in” with treasury reserves. For African investors facing currency instability and capital shocks, diversification trumps maximalist strategies. Learn why sustainable crypto adoption requires strategic allocation, not reckless wagers.
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