Binance to Allocate $1 Million to African Developers

Binance to Allocate $1 Million to African Developers

Binance, one of the leading global cryptocurrency exchange platforms, has began an 8-week program equipping African blockchain developers with the right tools and skills to build their very first DApps on the Binance Smart Chain (BSC) network. Changpeng Zhao, Binance CEO, during its launch event on January 31st, announced the allocation of $1 million to African Developers building projects on …

Binance Charity Runs Campaign to Fight COVID-19 in Kenya

Binance Charity Runs Campaign to Fight COVID-19 in Kenya

Since creation, Binance has been regularly running campaigns. This time around, Binance Charity is running a campaign called #SewMasksForAll to fight COVID-19 in Kenya. This campaign aims to raise funds for the MamaToTheRescue project, which will greatly empower Kenyan women. Through this campaign, Binance Charity will acquire and donate sewing machines to 20 beneficiaries. The women that receive these machines …

Bitcoin Trade Namibia Integrates the Lightning Network

Bitcoin Trade Namibia Integrates the Lightning Network

Fascinatingly, users of Bitcoin Trade Namibia can now enjoy instant deposits and withdrawals after the exchange integrated the lightning network into their bitcoin on/off-ramp. S.R Hadden, the founder, wrote on Twitter: “Ahead of a few major changes upcoming at Bitcoin Namibia, one we have already implemented this year is lightning integration for sell/buy orders. While we see the promise in …

Central Bank of Nigeria Bans Crypto Traders from making Naira Payments

The Central Bank of Nigeria (CBN) surprisingly issued a circular last Friday prohibiting regulated financial institutions from facilitating payments for cryptocurrency exchanges. Note that the new order from the Central Bank of Nigeria is a follow-up to the 2017 circular that cautioned financial institutions and Nigerian citizens against the risk of cryptocurrency transactions. In the directive, CBN also wrote: “All …

How Learning To Trade Bitcoin Can Be A Way To Escape Poverty

Unemployment is one of the biggest problems in Africa. Despite the fact that many people have to work more than one job at once to meet ends, they are still often unable to stay out of debt for long. Nevertheless, so many things are changing as Africa’s youth are learning new skills thereby opening new doors of opportunities for themselves. …

Africa The Next Frontier for Crypto

Africa. The Next Frontier for Crypto “In developed markets, crypto has the potential to disrupt a flawed financial system. That is significant, but not necessarily transformative. In emerging and frontier markets, it has the potential to create a financial system when none existed before.” This is an opening sentence in an article penned by Benjamin Rameau, CEO Smile Research, back …

MEX Exchange Review South Africa

MEX Exchange Review South Africa

What is MEX Exchange? According to a comprehensive research carried out in South Africa, MEX Exchange is a well-established financial trading firm in Australia since 2012 and paved its way to becoming one of the most regarded industry institutions. MEX Exchange offers its customers trading access through the advanced trading platforms on a range of instruments including Forex, Metals, Stocks, …

Tattoo Wine Allows Buying And Selling Of Wine, Makes Use Of Digital Tokens On Blockchain-based Platform

Tattoo Wine Allows Buying And Selling Of Wine, Makes Use Of Digital Tokens On Blockchain-based Platform

Amazingly, Blockchain Wine Pte. Ltd. of Singapore, has officially launched an online marketplace, where consumers can trade wine as digital tokens. It was reported by Yahoo that the Tattoo Wine marketplace has allowed the buying and selling of wine in the Asia-Pacific with the use of digital tokens on blockchain-based platform. Tattoo Wine was created by Blockchain Wine Pte. Ltd. …

Bitcoin’s Daily Volatility Sees 25% Monthly Volume Increase On Delta Exchange

Bitcoin’s Daily Volatility Sees 25% Monthly Volume Increase On Delta Exchange

“Move,” options contract that is known to track Bitcoin’s (BTC) daily volatility recently reported a 25% monthly trading volume increase on Delta Exchange, the crypto derivatives platform. It was reported on April 16 that Move contracts worth $8 million were traded on the platform over the past 30 days. In addition, the platform witnessed an increase of $1 million worth …

Litecoin Relaunches MimbleWimble Testnet

Litecoin Relaunches MimbleWimble Testnet

Litecoin (LTC) has relaunched its MimbleWimble testnet, a special protocol that was designed to enhance privacy and confuse the traceability of distributed ledger transactions. Note that MimbleWimble is a modified implementation of the proof-of-work algorithm underpinning Bitcoin in which blocks appear as a single large transaction, strongly preventing the individual inputs and outputs relating to the transactions from being identified. …