The Kenyan government has taken steps to regulate the cryptocurrency industry in an effort to safeguard users and tighten operations in the space by creating a multiagency technical working group. The technical team that is the brainchild of Kenya’s Treasury Cabinet Secretary Prof. Njuguna Ndung’u has been tasked with developing a regulatory and monitoring framework to govern the use of cryptocurrencies, referred to as virtual assets (VAs). The team is also mandated to developed regulations for crypto assets and other digital/virtual assets service providers, generally known as Virtual asset s ..read more

Since its creation over a decade ago, cryptocurrencies, especially bitcoin, have become one of the most popular topics of discussion in the financial space. Conversations about how bitcoin has revolutionised the financial ecosystem and enabled financial inclusion have swept the internet and social media. As the crypto gospel spreads across the world, businesses in Kenya are starting to accept bitcoin in payment. Some countries have even adopted bitcoin as a legal tender. This prompts the question, “why is crypto adoption spreading, and why are more people investing in the crypto space”. The an ..read more

Helium hotspot mining is the new way of mining crypto through the Helium Network Token (HNT) miners. By deploying the miner, owners provide their areas with miles of low-power network coverage for billions of devices and earn a new cryptocurrency, HNT, in the process. The new process of mining HNT with hotspots uses radio technology and not expensive GPUs. The hotspots work together to provide a new global wireless network and undertake proof-of-coverage (PoC), an algorithm for the validation of network contribution. How to earn HNT The hotspots earn HNT for building and securing network infra ..read more

Ultimately, we bring more value into our ecosystem through the integration of the Uniswap web app, plus integrating NFTs into our developer APIs and widgets. This adds to our efforts of extending our product reach including both ERC-20 assets and NFTs.  Uniswap is excited to invite you to celebrate their new milestone after acquiring Genie the premier NFT marketplace aggregator. As a Uniswap user, this new expansion will enable you to discover and trade NFTs across all major marketplaces.  To celebrate this amazing news, Uniswap is welcoming the Genie community into our ecosystem wit ..read more

Ultimately, we bring more value into our ecosystem through the integration of the Uniswap web app, plus integrating NFTs into our developer APIs and widgets. This adds to our efforts of extending our product reach including both ERC-20 assets and NFTs.  Uniswap is excited to invite you to celebrate their new milestone after acquiring Genie the premier NFT marketplace aggregator. As a Uniswap user, this new expansion will enable you to discover and trade NFTs across all major marketplaces.  To celebrate this amazing news, Uniswap is welcoming the Genie community into our ecosystem wit ..read more

The U.S. Bitcoin spot Exchange-Traded Funds (ETFs) market is experiencing consecutive days of negative flow, largely attributed to persistent outflows from Grayscale. Market data from Tuesday, April 9, show an outflow of $19.48 million from Bitcoin spot ETFs. A larger proportion of these outflows is attributable to the Grayscale ETF that has experienced unprecedented levels of haemorrhage over the past couple of months.  Cryptocurrency Analyst, Colin Wu, highlighted this trend on a recent post on X, drawing attention to the market dynamics. On April 9, the total net outflow of Bitcoin s ..read more

How to Buy or Sell ICP Tokens in Kenya and Uganda Guide We are thrilled to announce to our community and crypto users that we’ve listed Internet Computer Protocol (ICP) token and they we take them through on how to buy or sell ICP tokens at reduced rates on Binusu.com with KES, UGX and USD. ICP token joins other 9 crypto assets including Bitcoin (BTC), Ether (ETH), USDT, USDC among others you can buy or sell on the exchange both under the quick exchange and OTC trading desk options. Internet Computer Protocol (ICP) token is the native utility token for the project’s ecosystem. It pla ..read more

Xenodragon, nStep’s newest Play-to-Earn (P2E) mobile game, introduces its currency system where players may earn and take interest in: NST (nStep Metaverse Token) – the main token used in the game. NST holders are able to stake tokens, play games, participate in key governance votes, and claim more rewards. XDC (Xeno Dragon Utility Token) – Used in buying Dragons, Mystery Box and Land. Players can also get XDC by completing special quests, achieving higher rank in Arena, and selling enhanced dragon/gears in the NFT Marketplace. XDS (Xeno Dragon Stone) – An in-game currency and is mostly used ..read more

Top 10 Cryptocurrencies to Watch Before they Moon Cryptocurrency enthusiasts are familiar with the term “Before they Moon” which is one among many other phrases used in the cryptocurrency world. Cryptocurrency enthusiasts and investors use the term to imply purchase or developing keen interest in identified digital currencies, and placing these coins and tokens under their watchlist so as to monitor their prices before they skyrocket. This is just one of the concepts crypto users have to keep up with and it illustrates the dynamic nature of the digital currency ecosystem.  Hence, the cryp ..read more

In recent days the price of Bitcoin and other leading cryptocurrencies like Ether, have experienced an upward swing. For example, BTC moved from what seemed price stagnation at $20,000 levels to almost hitting $28,186.84 on March 20th, 2023. Whenever the price of these cryptocurrencies starts going up, many people show interest in the crypto market and not only seasoned investors who may be looking to expand or keep track of their portfolio but also ordinary people who no doubt do not have experience in the purchase, securing and keeping track of crypto. Therefore, ordinary people who attempt ..read more