NFTs are taking Africa by storm
Africa Cryptocurrency
by TChalla
1y ago
NFTs are taking Africa by storm, and Nzvedaz Big Five Project is taking the lead! Non-fungible tokens (NFTs) are all the rage these days, and it’s no different in Africa. An NFT is a digital token like cryptocurrency which uses blockchain technology. Unlike Bitcoin or other fungible tokens, which are all interchangeable, each NFT is unique. This makes them perfect for art, music, and other forms of digital media. In Africa, NFTs are being used to buy and sell everything from traditional art to cryptocurrency. NFTs are becoming increasingly popular on the African continent due to their ability ..read more
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The Role of Bitcoin in the Black Community
Africa Cryptocurrency
by TChalla
1y ago
The Role of Bitcoin in the Black Community   In recent years, there has been a lot of talk about the potential of blockchain technology and cryptocurrency to revolutionize the financial system. But what does that mean for the black community? There is a long history of discrimination and exploitation in the traditional banking system, which has left many black Americans feeling shut out and unheard. But could bitcoin and other digital currencies provide a way for the black community to take control of their finances and build wealth? Let’s take a closer look. Bitcoin and Financial In ..read more
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Akoin Now Listed on Bittrex
Africa Cryptocurrency
by Rebecca Asseh
3y ago
Akoin is now in the markets and is listed on Bittrex global. The coin was launched on Bittrex Global on November 5 and all AKN wallets are live on the platform. The listing of the coin’s wallet on Bittrex was also followed by spot trading which was launched on November 11th. The coin was announced via a live stream where singer and founder Akon and Akoin’s co-founder and president Jon Karas described the addition to Bittrex as a “major milestone”.  Created to power a real-life Wakanda city, Akoin is set to revolutionise businesses and lives in Africa. The digital asset will be utilised t ..read more
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Akon is launching his upcoming “Akoin” cryptocurrency on Stellar Blockchain.
Africa Cryptocurrency
by TChalla
4y ago
The grammy-award winning artist and producer Akon has chosen to launch his Akoin cryptocurrency ecosystem on top of the Stellar blockchain. Akoin co-founder and president Jon Karas said they chose to build the project on the Stellar network due to the shared values between his plan and Stellar. He said, “Akoin selected Stellar’s distributed, hybrid blockchain due to a shared vision for creating global financial inclusion, particularly in areas such as Africa.” Akoin will be compatible with Stellar wallets and interoperable with all digital assets and currencies that are supported b ..read more
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Can Guap Coin Create Support for Black-Owned Businesses?
Africa Cryptocurrency
by Rebecca Asseh
4y ago
A lot of effort has been put in place to bridge the lack of diversity in the blockchain and cryptocurency space. Guap coin is a spendable token that is creating diversity in the cryptosphere. Founded by an African-American momprenuer, Tavonia Evans, Guap coin rewards its users for supporting urban and black-owned businesses. The initiative behind Guap coin was to create a “buy black” movement powered by the blockchain technology.  The initiative was initially aimed at incentivizing the black community to invest in black-owned businesses. However, Guap coin has evolved to encompass the unba ..read more
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Akoin City Ready for Launch as Akon gets Approval for the Project
Africa Cryptocurrency
by Rebecca Asseh
4y ago
Africa is about to experience the blockchain technology in a new dimension. Akon has finally received the approval to build a crypto-based city in Senegal, West Africa. The American-Senegalese Grammy nominee officially signed an agreement with a Senegal based tourism company SAPCO to set up his crypto city. Akon had set his sights on transforming Africa since 2014 with the “Akon Lighting Africa” project.  The project is targeted at providing solar-powered solutions to over 100M Africans without electricity.  As a philanthropist, Akon launched his cryptocurrency Akoin which would power a di ..read more
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African Bitcoin Educator Refunds BTC Mistakenly Sent To his wallet
Africa Cryptocurrency
by Rebecca Asseh
4y ago
It’s not so hard to lose your cryptocurrency, just send it to the wrong wallet! This was the case of Keith Mali Chung. Keith had received a huge sum of Bitcoin from an unknown person and he began a search to return it back to the owner. Keith who is also known on Twitter as BitcoinKeith is an African bitcoin educator. He is also the co-founder and President of LOOPBLOOK Network, an African AI and blockchain company. He tweeted on September 12 that he had received a huge sum of BTC and it could likely be from someone he had transacted with before.  Before putting out the tweet, Keit ..read more
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Domino’s France Celebrates 30th Anniversary with Bitcoin Give Away
Africa Cryptocurrency
by Rebecca Asseh
5y ago
Pizza is in the crypto news again! This time, Domino’s France is giving away $110,000 in Bitcoin or cash to a lucky customer. The France branch of the globally known Pizza company is celebrating its 30th birthday with a bitcoin giveaway. To participate in the giveaway competition, potential winners have to purchase a domino pizza and register their purchase online to have a chance at the prize draw. The competition is scheduled to run from September 4 to October 6. The winner of the competition will get €100,000 ($110,000) and can choose to withdraw his winnings in either Bitcoin or fia ..read more
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Back to School Crypto Mining Malware Targets Students, Report reveals.
Africa Cryptocurrency
by Rebecca Asseh
5y ago
It’s back to school season and students have received a warning to be cybersecurity conscious.  Kaspersky Lab, a cybersecurity firm released a new report that warns students seeking to download electronic textbooks. The report reveals that some electronic versions of essays and textbooks can expose them to cyber attacks. Most students look for the best price when textbook hunting and the web turns out to be a cheaper option for most. However, Kaspersky conducted a study last year that reveal that 365,000 malware attacks were targeted at the educational sector and 233,000 of these attacks in ..read more
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Binance Launches into Crypto-Lending Business
Africa Cryptocurrency
by Rebecca Asseh
5y ago
Crypto giant – Binance – announced that it would be rolling out its digital asset lending system.  The platform will allow investors to burrow their Binance coin (BNB), Ethereum Classic (ETC) and Tether (USDT).  Announcing via a blog post, Binance said explained that its new initiative will allow investors to let their idle digital assets work for them. Investors will now earn a passive income by lending out their assets over a fixed term.   The initiative is very attractive. Interest rates also vary with which asset is borrowed. Binance’s cryptocurrency, BNB, comes with the juiciest interest ..read more
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