Bitcoin — coverage and analysis.
The regulator says CEO Warren Wheatley, his wife and CIO Akshay Karan coordinated trades in September 2022 to inflate the share price. All three are barred from financial services for 20 years and plan to challenge the findings.
Adoption is on the rise, but with increased adoption comes financial stability risks that the bank is now looking to counteract.
Ethiopia just inaugurated Africa’s largest dam, doubling power output — but still lacks the funds to deliver universal electricity access.
Plus: Mariblock Roundtable; 🇿🇦 South Africa’s Altvest to raise $210 million for Bitcoin treasury reserve
The Johannesburg-based firm will rename itself Africa Bitcoin Corp. and hold the cryptocurrency on its balance sheet.
This comes after the East African nation generated $55 million from Bitcoin mining over a 10-month period in 2024, primarily through agreements with 25 mining companies.
The Jack Dorsey-founded nonprofit awarded these grants to four African Bitcoin events and conferences of the ten beneficiaries.
The Human Rights Foundation via its Bitcoin Development Fund gave out 10 bitcoins to 23 projects globally
Paul Harker says a significant amount of capital is on the sidelines waiting to be injected into the asset as soon as the classification is made.
Plus: 🌍 Hedera makes undisclosed ‘strategic investment’ in stablecoin payments firm, Ivorypay. 🌍 Swiss fintech Centi expands African presence with Yellow Card partnership. 🌍 Ethereum layer-2 chain, Lisk, announces completion of first cohort of incubator.
Kganyago is unmoved by calls for government-owned bitcoin reserves, claiming the cryptocurrency is no different from apples and beef.
The East African country wants to position itself as a global bitcoin mining hub with hundreds more megawatts of power to be made available for bitcoin miners in the country.
The East African country hopes to earn much-needed foreign exchange by providing electricity to these mining companies.
The fellowship, Btrust Builder’s first since it acquired Qala, is expected to train African software developers on Bitcoin open-source development.
During wars and protests, cryptocurrency offers people an escape route. It provides a means of financial freedom and independence from traditional financial systems.
Bitcoin Ekasi hopes to create a circular economy where South Africans can get paid, purchase items and pay for services in bitcoin without first converting it to fiat.
1,281 bitcoins have so far been recovered and will be repaid to victims who submit claims only after the courts have made some clarifications.
Argo-Coin and Argo Kenya have been taking money from Nigerians and Kenyans to invest in Bitcoin mining equipment and earn outrageous ROIs
The crypto exchange mainly based in emerging markets lost $2.7million in what is believed to be a well-coordinated attack and a potential loss of $1.4million was averted by Tether.
Bitcoin Dada hopes to increase women’s participation in bitcoin by creating a more equitable and inclusive financial system in Africa and beyond.
