News

In a groundbreaking move, the Nigeria Civil Aviation Authority (NCAA) has unveiled plans to integrate blockchain technology into the aviation sector through a dedicated blockchain portal. This initiative, spearheaded in collaboration with Breezetech Technologies, aims to enhance efficiency, transparency, and passenger satisfaction across Nigeria’s airline industry. According to NCAA’s Director of Public Affairs and Consumer…

Global cryptocurrency giant Coinbase is reportedly in discussions with Safaricom, Kenya’s largest telecom operator, to integrate the popular M-Pesa mobile money platform into its ecosystem. This move highlights Coinbase’s growing interest in the African market, with Kenya as a key strategic entry point. If successful, the partnership could significantly reshape Kenya’s financial landscape by bridging…

MetaMask, the leading Web3 wallet with millions of active users worldwide, has unveiled a revolutionary feature that enables token swaps without requiring $ETH for gas fees. This development marks a significant milestone in decentralized finance (DeFi), addressing one of the most common pain points for users: the reliance on $ETH to cover transaction fees on…

Kenya and South Africa solidified their positions as Africa’s leading hubs for private capital investments in Q3 2024, showcasing robust growth and innovation across multiple sectors. According to recent data from industry analysts, these two nations accounted for the lion’s share of private equity (PE), venture capital (VC), and impact investing activity on the continent,…

FTX, the once-dominant cryptocurrency exchange that filed for bankruptcy in November 2022, has announced plans to begin distributions to its creditors no later than March 2025. The long-awaited update marks a significant milestone in the exchange’s efforts to address its estimated $8 billion in liabilities and provide restitution to creditors following its high-profile collapse. The…

In a groundbreaking development, former U.S. President Donald Trump’s Crypto Advisory Council has reportedly outlined plans to focus on creating a Strategic Bitcoin Reserve for the United States. According to a Reuters report, this initiative is expected to position Bitcoin as a key element in national financial strategy, signaling a significant policy shift in how…

In a significant announcement that could reshape the regulatory landscape of the U.S. financial and cryptocurrency markets, Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), has confirmed his resignation, effective January 20, 2025. Gensler, who has been at the helm of the SEC since April 2021, leaves behind a tenure marked by…