Ripple to provide digital assets custody services for Absa’s users
The move combines modern digital asset technology with the security and trust of a tradfi institution to provide digital asset custody.
Business
Paxful shuts down, blames ex-co-founders Youssef and Schaback
The exchange asked users to withdraw their funds before November 1 when it will cease all operations
SWIFT partners with global and African banks on blockchain-based shared ledger
The network also wants its system to be compatible with more modern digital finance rails such as stablecoins
USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund
Circle joins the Swiss-based venture capital firm to invest in early-stage African blockchain companies over a period of ten years from 2022.
Coinbase-backed Onboard 3.0 attracts 10k users two months after launch
In July, Onboard announced a new iteration of its platform — an all-in-one app to receive and manage payments in both crypto and fiat.
Kredete raises $22 million to fuel expansion efforts
The firm wants to launch a host of new products and expand into new markets.
AFAN’s blockchain partnership sparks concerns over Tingo connection
The company has not clarified whether it operates independently from the entities involved in the Tingo SEC fraud case.