BTCM: Kenya’s latest crypto mining Ponzi Scheme collapses, leaving investors empty-handed
This is the latest in a long list of Ponzi platforms promising bogus ROI fleeing with investors’ money.
Tech
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.
Telegram merchants can now accept crypto payments with new in-app feature
The new Wallet Pay feature provides crypto payment transactions between users and retail businesses, enabling direct payments within the telegram interface.
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.
Fedi secures $17 million in funding to drive bitcoin adoption via communities
Built on the closely named open-source protocol, Fedimint, Fedi allows people in the global south to overcome the technical challenges of safely using bitcoin.
How blockchain is being used to address low mobile internet access in Africa
A recent World Bank report found that mobile internet access can alleviate poverty. Yet, Africa lags in internet use. Some blockchain companies are trying to fix this.
Worldcoin, co-founded by ChatGPT’s Sam Altman, expands into mainstream Kenya, but security and privacy concerns lurk
The controversial app, which promises to give people crypto for their identity via an eye scanner, has now fully launched in Kenya and features a P2P exchange.