Cryptocurrency scam ring busted in Egypt The scammers had reportedly netted about $620,000 from investors
Nigeria’s president-elect vows to introduce blockchain into banking and other sectors In his manifesto, Bola Tinubu, who was declared the winner of the recently concluded general elections in Nigeria, outlined plans to implement the technology in banking and finance, identity management and revenue collection.
Cardano-focused accelerator Adaverse invests in Nigeria's BoundlessPay BoundlessPay joins a growing list of beneficiaries of Adaverse’s investment. Some other recipients include Afriex, Afropolitan, Bitmama, Canza Finance, Ejara and Stakefair.
Crypto exchange Luno works with South African advertising board to issue new rules for crypto adverts The clause seeks to protect South African consumers against unethical advertising in the crypto industry.
Yellow Card signs Nigerian artiste Psycho YP as brand ambassador The cryptocurrency exchange is looking to tap into the growing African music audience for customer acquisition.
Luno lays off 35% of its workforce The layoffs result from a downturn in the tech industry and shocks in the crypto market.
Top South African retail store now accepts payments in bitcoin across all branches Pick n Pay’s decision to accept bitcoin payments come amidst an increasingly crypto-friendly posture from the South African government.