Bitcoin as Lifeline Amid Crushing Devaluation, Extreme Poverty, Sectarian Violence in Nigeria

The scrappy citizens of Lagos, Nigeria are traders and can-do survivors almost by nature. Their government, however, has mismanaged the nation’s money to such a degree that it’s prone to wild devaluation swings. And while an argument could be made bitcoin too is volatile, it actually isn’t comparatively. With access to peer-to-peer exchanges such as … Read more

Paxful Grants Academic Scholarships to Female Afghan Refugees #BuiltWithBitcoin

Paxful, the peer-to-peer (P2P) bitcoin marketplace, has announced new developments in its #BuiltWithBitcoin charitable initiative. The company has granted scholarships to female Afghan refugees in the U.S., and provided additional resources for the Rwandan nursery school that it helped construct. Also Read: Company Asks Israeli Authorities Permission to Pay Salaries in Bitcoin Helping Afghan Women … Read more

Zimbabwe’s Golix Exchange Enters Kenya, Uganda, South Africa

Crypto exchange Golix is entering three other African markets in an effort to survive the ban imposed by the central bank in its home country – Zimbabwe. Moreover, the troubled trading platform claims the move is part of a strategy to offer its services across the whole continent. Golix says the shortage of infrastructure has … Read more