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Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm Andreessen Horowitz, and Celo, … Read more
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures. Anecdotal evidence seems to suggest that Covid-19 related … Read more
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months. Go to Source Powered by WPeMatico
Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020. Go to Source Powered by WPeMatico
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between January and June this year, it … Read more
Nigerian scammers converted millions of dollars into Bitcoin via Gemini exchange according to an FBI criminal complaint. Go to Source Powered by WPeMatico
For quite some time now, a number of libertarians, bitcoin evangelists, and blockchain entrepreneurs have been promoting the idea of charter cities and seasteading concepts. One such project, Pronomos Capital, has raised $9 million from heavyweight investors like venture capitalist Peter Thiel. Pronomos was incorporated in August by Patri Friedman, as the project is attempting … Read more
The U.S. Treasury added six Nigerian individuals to its sanctions list for alleged cybercrimes. Go to Source Powered by WPeMatico
Peer-to-peer Bitcoin trading in the United States has surged to post its strongest weekly volume on record, with almost $29 million trading on Localbitcoins and Paxful. Go to Source Powered by WPeMatico
Crypto use and adoption is beginning to see significant growth across Africa Go to Source Powered by WPeMatico
