Coinbase-backed Mara introduces an Ethereum layer-2 testnet
The company had initially planned to launch a layer 1 blockchain last year. Instead, it’s now introducing an L2, dubbed Mara Chain, “in response to evolving blockchain industry trends.”
Ogechi Nelson
EMTECH releases Web3-enabled CBDC innovation kit
The kit provides the tools to develop and test new CBDC-based products and services.
Standard Bank wants to be a fast follower of crypto, not a leader
“We move with the world, but you don’t want to be leaders on some of these things. You want to be fast followers,” the bank CEO said.
Crypto crime falls 65% in 2023, ransomware revenue still high
Based on the report, revenue is down across all aspects of crypto crime except, ransomware, which is on an upward trajectory like 2021, the year it rose to prominence.
Tanzania Secures $195 Million Budget Support from European Union
President Samia Suluhu said the grants would accelerate the implementation of development programs in the country.
‘Cryptocurrency ban still in effect’ Ghana’s finance ministry
All financial institutions in the country have received fresh instructions to refrain from engaging in crypto-related activities.
South African financial regulator mandates licensing for crypto exchanges
Crypto firms that continue to operate unlicensed beyond this deadline may face stringent enforcement actions, including possible closures or fines.