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Ghana Introduces Blockchain-Based Gold Tracking to Combat Illegal Exports

[Apr 1 7:30 AM] Ghana is introducing a blockchain-based gold tracking system to restructure its gold sector and combat illegal exports, says Sammy Gyamfi, acting Managing Director of the Precious Minerals Marketing Company (PMMC). The initiative, tied to the Gold…

Solanafrica Scam: Hackers Breach Ghanaian President’s X Account

[Mar 19 10:30 AM] Ghanaian President John Mahama announced on March 18 that he has regained full control of his X (formerly Twitter) account from hackers who used it to promote a fraudulent cryptocurrency scheme. Two-Factor Authentication Not Enough The president’s…

Ghana’s Central Bank Cancels Costly Gold-for-Oil Barter Scheme Amid Massive Losses

[Mar 6 9:30 AM] Ghana’s gold-for-oil barter scheme has been halted by the central bank, according to Bank of Ghana Governor Johnson Asiama. Stabilizing Foreign Exchange Markets The Ghanaian central bank has suspended a barter trade scheme in which it swapped…

The Bitcoin And Cypherpunk Spirit Is Alive And Well In Africa

[Jan 30 2:09 PM] In the past two months, I’ve attended the Adopting Bitcoin Cape Town conference in South Africa and the African Bitcoin Conference in Kenya. I’ve also visited Bitcoin circular economies in both of these countries including Bitcoin Ekasi, Afribit…

Binance Launches Mobile Money Feature for Crypto Transactions in Africa

[Aug 23, 2024 7:30 AM] Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania, Uganda, and Zambia to buy and sell cryptocurrencies via mobile money accounts. This initiative aims to enhance financial…

Commodity tokenization is the economic aid Africa needs

[Aug 14, 2023 4:08 PM] Commodity tokenization would enable African countries — such as Ghana and Botswana — an opportunity to empower themselves without relying on international aid.

How blockchain technology makes it easier for Africans to upskill

[Jun 15, 2023 6:20 AM] The narrative that blockchain technology could revolutionize how people interact with technology in Africa may not be stale after all.

Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion

[Jun 1, 2023 8:30 AM] On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by…

Africa: The next hub for Bitcoin, crypto adoption and venture capital?

[Mar 29, 2023 6:05 AM] Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it.

How blockchain can help reimagine a new state in Africa

[Mar 23, 2023 6:05 AM] Eche Emole, the co-founder of Afropolitan, explains how the nation-state experiment has failed, especially in Africa, and how blockchain can be used to reimagine a new state.

Bitcoin Lightning Network growth is organic, coming from real-world adoption

[Feb 22, 2023 11:32 AM] Bitcoin Lightning Network adoption receives a boost with the launch of USD payments and decentralized social media platform, Nostr.

Still bullish: 40% of survey respondents plan to buy crypto in 2023

[Dec 22, 2022 8:00 AM] Despite a challenging year for the crypto industry, nearly 40% of respondents indicated a plan to purchase cryptocurrencies like Bitcoin in 2023.

Bitcoin App Strike Launches Instant, Cheap Remittances To Africa

[Dec 6, 2022 7:30 AM] People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network.Bitcoin payments app Strike said in a statement Tuesday that it had launched Send Globally, a new feature…

Strike partners with Bitnob to facilitate cross-border payments into Africa

[Dec 6, 2022 4:43 AM] On stage at AfroBitcoin, Strike CEO Jack Mallers announced plans to improve remittance payments into Africa thanks to the Lightning Network on Bitcoin.

Built With Bitcoin Opens Bitcoin Technology Center In Ejisu, Ghana

[Dec 5, 2022 4:00 AM] The educational center hopes to create and maintain a Bitcoin circular economy and is focused on financial literacy and empowermentThe Built With Bitcoin Foundation (BWB) has opened a new Bitcoin Technology Center in Ejisu, Ghana, a city in Greater…