Mariblock Weekly
🟠 The booming era of crypto remittance in Africa

Plus: Kenya warns citizen to be vigilant about Worldcoin 🤥 | Mara introduces an Ethereum layer-2 testnet 💰| Namibia changes course, signs regulatory bill into law 👐🏾
Jul 30, 2023

Plus: Kenya warns citizen to be vigilant about Worldcoin 🤥 | Mara introduces an Ethereum layer-2 testnet 💰| Namibia changes course, signs regulatory bill into law 👐🏾

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.”

Plus: Paxful’s new CEO; Mara’s partnership in Nigeria.

The firm has conducted two rounds of layoffs within a span of six months, sparking concerns.

The participants built USDC-enabled payment tools that use M-PESA and USSD as on- and off-ramp rails.