The African Crypto
The African Crypto
Joseph KatalaEthiopia quickly emerges as a key player in global Bitcoin mining, using its renewable energy surplus to power operations. The country has allocated 600 megawatts (MW) of electricity for mining,…
Catherine KarimiBlum Crypto introduces a hybrid model that blends features from both centralized and decentralized exchanges. As the cryptocurrency industry matures, the demand for platforms increases. These platforms must combine centralized…
Jillian WanjikuOn August 9, BitGo announced its intention to transfer the custody of Wrapped Bitcoin (WBTC) to a joint venture with Bit Global, a transition expected to occur within the next…
Catherine KarimiChild exploitation networks increasingly use cryptocurrencies to facilitate illegal activities, exploiting the anonymity these decentralized digital currencies provide. Authorities recently uncovered a case where criminals used cryptocurrencies to finance and…
Catherine KarimiThe daily revenue for Bitcoin miners, represented by the hash price, fell to $40 per unit as of August 8. This marks a significant drop, even below the levels seen…
Danny SpellCoinbase has taken a bold step against the Commodity Futures Trading Commission (CFTC). The leading cryptocurrency exchange challenges the CFTC’s move to restrict political prediction markets, which allow users to…
Danny SpellThe Venezuelan government blocked the social media platform X for ten days. The platform, formerly known as Twitter, faced interruptions starting in early August. President Nicolás Maduro’s administration initiated this…
Lucca AbrahamOn August 8, 2024, the Democratic Party unveiled a new strategy to engage cryptocurrency enthusiasts and counter former President Donald Trump’s growing influence in the industry. The “Crypto for Kamala”…
Lucca AbrahamMetaplanet, a Japanese investment firm similar to MicroStrategy, announced on August 8, 2024, that it has secured a loan of ¥1 billion (about $6.8 million) for Bitcoin purchase. This loan,…
Danny SpellA UK court has ordered the freezing of Ruja Ignatova’s assets. Ignatova, known as the “Cryptoqueen,” founded the infamous OneCoin cryptocurrency. The court’s decision aims to prevent her from dissipating…
