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Kenya Launches Digital and AI Skills Center

[Oct 13, 2024 7:30 AM] Kenya, in partnership with the United Nations Development Program (UNDP) and Microsoft, has established the Africa Centre of Competence for Digital and AI Skill. This center aims to equip public sector employees with digital and AI skills to…

Uniswap Labs Introduces Scalability-Focused Ethereum L2

[Oct 11, 2024 10:30 AM] Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed…

Zimbabwe Limits USD Outflows for Departing Residents to $2,000

[Oct 11, 2024 4:30 AM] The Reserve Bank of Zimbabwe (RBZ) has imposed a new limit on the amount of U.S. dollars that travelers can carry out of the country. Under the revised regulations, travelers are now limited to carrying a maximum of $2,000 in cash when departing…

Alchemy Pay Expands Crypto Virtual Card to Samsung Pay

[Oct 9, 2024 10:15 AM] Alchemy Pay has announced the integration of its virtual card service with Samsung Pay, expanding its reach following the successful launch on Google Pay. This development enables users to seamlessly spend their cryptocurrency holdings at numerous…

Nigeria Central Bank Governor Defends Naira Float Decision

[Oct 8, 2024 6:43 PM] The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the importance of the decision to float the naira, despite public criticism of the move. He stated that the disparity between official and parallel exchange rates…

Metaplanet Boosts Bitcoin Holdings With $6.7 Million Investment

[Oct 8, 2024 7:30 AM] Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen…

Telegram to Support TON-Based NFT Gifts Later This Year

[Oct 7, 2024 6:45 AM] The founder of Telegram has announced plans to support TON-based non-fungible token (NFT) gifts later this year. This new feature will allow users to convert limited-edition animated gifts into NFTs on the TON blockchain. These tokenized gifts can…

Kraken Launches Regulated Derivatives Platform in Bermuda

[Oct 6, 2024 8:20 PM] Cryptocurrency exchange Kraken has launched a new regulated derivatives trading platform in Bermuda after obtaining a Class F Digital Business License from the Bermuda Monetary Authority. This platform offers over 200 contracts, including perpetual…

Zimbabwe Injects $50 Million to Bolster Devalued Currency

[Oct 5, 2024 10:30 PM] The Reserve Bank of Zimbabwe (RBZ) has injected an additional $50 million into the market to support the foreign exchange system. However, industry leaders believe the bank is not doing enough to facilitate the smooth operation of the market. They…

Nubank Lowers Cryptocurrency Trading Fees

[Oct 4, 2024 7:30 AM] Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC)…

All-Women AI PhD Program Launches in Africa

[Oct 4, 2024 4:30 AM] A pioneering Africa-Europe collaboration aims to train 700 African Doctor of Philosophy (PhDs) in artificial intelligence (AI) over the next decade. The first intake of this program, however, will be unique: it will consist entirely of women. This…