Following up groundbreaking research showcasing Africa’s fast-paced stablecoin transaction volume, Kredete, a fintech platform, has unveiled the continent’s first stablecoin credit. In Brief Stablecoin credit card by Kredete enables Africans to spend USDC globally with near-instant Stellar settlements. Real-time FX conversions and minimal gas fees make it a genuinely low-cost remittance and spending solution. Integrated…
The June crypto unlocks are fast approaching, with over $3.3 billion worth of digital assets scheduled to enter circulation as the vesting period concludes. In Brief June’s $3.3B crypto unlocks, including $193M in Metars Genesis and $160M in Sui, will test market resilience amid potential sell pressure. Linear unlocks ($1.9B) mitigate short-term volatility compared to…
Coinbase S&P 500 inclusion legitimizes crypto institutional adoption as BlackRock and Vanguard allocate capital, unlocking $10B passive inflows at 0.1% weighting. Bitpace CRO Meryem Habibi: move “normalizes passive crypto exposure in conservative portfolios.” With $10T tracking index, Benchmark’s Mark Palmer notes acceleration among retirement plans and sovereign wealth funds. Galaxy Digital, Marathon Digital, Circle face profitability hurdles, while Oppenheimer’s Owen Lau confirms TradFi-crypto convergence “happening and will continue.”
The crypto training session organized by the Virtual Assets Chamber of Commerce(VACC) and Binance has been a pivotal step towards robust Kenya crypto regulation bill frameworks. In Brief Crypto training session equipped Kenyan MPs with hands-on blockchain and VASP Bill insights to craft balanced crypto regulations. The session’s focus on consumer protection, financial crime prevention,…
TL;DR, Zimbabwe’s Zig Currency is backed by $100 million cash and 2.52 tonnes of gold worth $185 million, replacing a dollar that declined 70% this year. Interest rates dropped from 130% to 20% as Zimbabwe Stock Exchange and national payment systems quickly adopted the new gold-backed currency. Public skepticism remains high due to past monetary…
A seismic 37% TVL drop saw Ethereum restaking crash from $18.6B to $12B as airdrop hype faded. Yield hunters flocked to Solana’s lightning-fast 65,000 TPS network and rock-bottom $0.025 fees, injecting $10B into its DeFi ecosystem. African markets drove the shift, demanding cost efficiency over brand loyalty. While [Ether.fi](http://Ether.fi) holds ground with real yields, DeFi’s new kings prioritize speed, sustainability, and accessibility over legacy dominance.
In an ambitious attempt to foster decentralized crypto developments and strengthen crypto development, renowned Africa-based organization, Btrust, committed $1.04 million in Bitcoin grants to support 10 crypto-events and developer education programs throughout the continent. In Brief Bitcoin grants from Btrust accelerate crypto development in Africa, funding 10 events and education programs to train blockchain developers….
The crypto wallet adoption rate has increasingly improved over the years, given the continent’s Web3 frenzy(DeFi, Stablecoins, and Blockchain Development). In Brief Crypto wallet adoption reached 1.6 billion wallets globally by 2025, driven by mobile-first designs. Smart contract wallets like Safe and Coinbase Smart Wallet enable gasless transactions and social recovery, lowering barriers for non-technical…
SEC files class-action lawsuit against MicroStrategy (575,230 BTC, $59.2B holdings) alleging executives falsified Bitcoin treasury risks under Section 10(b) Securities Exchange Act. Michael Saylor, Phong Le, Andrew Kang face charges as 7,390 BTC purchase at $103,500 coincides with legal scrutiny. Despite 16.3% YTD yield, MSTR dropped 2.3% pre-market. With 70+ firms adopting BTC treasury strategies including Metaplanet and AsiaStrategy, African corporations must balance innovation with regulatory compliance amid volatile markets.
Vitalik Buterin, co-founder of Ethereum, has reignited conversations around the development of a stateless Ethereum node. This radical proposal comes over concerns around the complexity of the network, which is effectively hindering its decentralization and privacy. His latest proposal underscores a critical shift in Ethereum’s decentralization strategy while addressing pressing blockchain privacy solutions. In Brief…
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