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Central African Republic (CAR) Launches Sango Coin Backed by Bitcoin
The Central African Republic officially launched its Sango Crypto Hub, introduced by President Faustin-Archange Touadéra. The initiative includes the Sango Coin aimed at facilitating a crypto-based economy and tokenizing natural resources, emphasizing financial inclusion and efficiency through blockchain technology.
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REPORT | MemeCoin Creation Platform, Pump.fun, Collected $525,000 in Average Daily Fees, Says Solana Q2 2024 Report
Solana’s DeFi TVL fell by 9% QoQ to $4.5 billion, ranking it fourth among networks in Q2 2024, according to the State of Solana Q2 2024 report by crypto research firm, Messari.

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Digital Yuan Transactions Increase 50x in One Year – Now Valued at Nearly $250 Billion
The digital Yuan (e-CNY) saw a significant rise in transactions, reaching 1.8 trillion Yuan by June 2023, up from 100 billion Yuan in August 2022. Despite representing just 0.16% of China's money supply, its adoption for domestic retail payments has been substantial, with 120 million user wallets opened.
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[EVENT [OCTOBER 15 2024] | The TLcom Africa Tech Female Founder Summit 2024 to Feature Cameroon Crypto Startup, Ejara
TLcom Capital, one of Africa’s largest venture capital firms, has officially announced its 6th edition of the Africa Tech Female Founder Summit, which will be held on October 15 2024 in Nairobi, Kenya.
Themed ‘Transformative Leadership: Redefining Success in Tech,’ the 2024 Africa Tech Female Found
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INTRODUCING | VISA Launches Platform for Banks to Tokenize Fiat-Backed Tokens
VISA has launched the VISA Tokenized Asset Platform (VTAP), enabling banks to issue and manage fiat-backed tokens on blockchains. The platform offers a sandbox for development, supports minting and transferring tokens, and aims for interoperability across blockchains.
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ARTIFICIAL INTELLIGENCE | ChatGPT Has the Most Impact in Coding, Healthcare, and Education, Says CEO, Sam Altman
Sam Altman highlights ChatGPT's significant impact on coding, healthcare, and education, boosting productivity in coding, aiding educators with personalized curricula, and enhancing drug research, though caution is needed in healthcare due to current inaccuracies.
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BRICS | The BRICS Bank Issues Maiden South African ZAR Bond Becoming the Highest Rated Issuer Since 2015
The New Development Bank, established by the BRICS group of emerging economies, has successfully raised 1.5 billion ZAR (equivalent to $79 million) during its inaugural South African bond auction.
The successful issuance of the debut ZAR bond in the South African bond market means the BRICS bank ha
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PRESS RELEASE | Global Stablecoin Fintech, RedotPay, Launches ‘Send Crypto, Receive NGN’ via Ripple Payments

[PRESS RELEASE]
RedotPay, a global stablecoin-based payment fintech, today announced a partnership with Ripple, a financial technology company that offers crypto solutions for businesses to extend its stablecoin payment capabilities. In tandem, RedotPay is launching its “Send Crypto, Receive
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REGULATION | Jack Dorsey’s Block Inc. Hit with $40 Million Fine for Inadequate Oversight of Bitcoin Transactions
Block Inc., the parent company of Cash App and led by Jack Dorsey, the Founder and former CEO of X (formerly Twitter) has been fined $40 million by the New York Department of Financial Services (NYDFS) for significant deficiencies in its anti-money laundering (AML) and compliance programs related
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FUNDING | Nigeria’s YouVerify Raises $2.5 Million After Doubling Client Base in Less Than 2 Years
YouVerify, a Nigerian identity verification company, raised $2.5 million from Elm. It aims to enhance AML compliance and global risk intelligence, expanding its verification services across 145 jurisdictions and 46 countries while serving 800 clients.
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[WATCH] ‘If We Are to Build the African Ecosystem, We Need as Many Startups as Possible to Survive’ – A Chat with CEO, Raise
BitKE interviews Raise to explore how the startup supports African startups with structuring, funding, and growth, emphasizing equity literacy and sustainable development for Seed-to-Series A companies.
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[IN PICTURES] A Recap of 2022 at the Celo Kampala Blockchain Happy Hour
In yet another successful meetup in Uganda, Celo organized and did a energizing happy hour event in Kampala, Uganda on December 2, 2022.
The event included the crypto curious, Web3 builders, and entrepreneurs as they got to learn all things DeFi, ReFi and crypto.
Here is a quick recap of the event
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Gate.io Founder and CEO Signs MoU Agreement to Make City of Busan, South Korea, a Global Blockchain Hub
From October 26th to October 28th 2022, Blockchain Week Busan (BWB) 2022, was hosted by the city of Busan in South Korea. The event, which is one of the biggest blockchain events across the world, was an overwhelming success. With the theme of “Blockchain, City, and Culture”, the event invited
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LIST | Here is the List of the 23 ‘Based Africa’ 2024 Hackathon Winners
In an electrifying event in Nairobi, Base hosted builders from across Africa to discuss the future of the on-chain economy, share local success stories, and announce winners of the Based Africa Buildathon.
The event celebrated Africa’s growing role in blockchain and Web3 technologies, and it
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2024 MILESTONE | Stablecoins Locked on Ethereum Layer 2 Networks Surpass $13 Billion in 2024, USDT Dominates
Stablecoins on Ethereum layer-2 networks have reached $13.5 billion, driven by demand, with Tether, Circle, and Ethena leading in supply. The overall stablecoin market surpassed $205 billion by December 2024, demonstrating significant growth in the cryptocurrency ecosystem.
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NFT of Nelson Mandela Arrest Warrant Sells for Over $130,000 on the Momint NFT Marketplace
![](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20370%20247'%3E%3C/svg%3E)Nelson Mandela Arrest Warrant An NFT version of an arrest warrant for anti-apartheid icon and former President of South Africa, Nelson Mandela, has raised $130,550 at an auction, with
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FUNDING | Egypt’s Digital Savings Startup, Menthum, Secures Funding Solidifying Country’s Reputation as Leading VC Destination in MENA Region
Menthum, an Egyptian digital savings startup, has recently secured an undisclosed amount in a pre-seed funding round as it looks to expand its team and further develop its infrastructure.

Founded in November 2022 by experienced professionals, Himanshu Shrimali and Ismail Sarhank, Menthum is a d
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Pezesha Among the First 3 Fintechs Admitted into the Kenya Regulatory SandBox
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The Capital Markets Authority of Kenya (CMA) has approved and admitted three fintechs as its first applicants into the regulatory sandbox launched early this year.
The fintechs
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