BitKE

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

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.

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.

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

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

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

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.

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

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

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

Early-stage Tunisian startups now have the chance to join a world-class venture accelerator that offers funding, mentorship, and access to global investors.
216 Capital, in partnership with global innovation platform, Plug and Play, has launched the 216 Capital Venture Accelerator – a six-month

The FSCA has licensed 75 crypto asset service providers in South Africa, allowing them to offer advice, intermediary services, and investment management. The authority continues to process 374 applications and emphasizes that crypto assets are not recognized as currency.

In May 2024, Solana saw a surge in token creation with nearly 455,000 new tokens, primarily memecoins, due to simplified processes via the Pump.Fun platform. This trend follows strong performances from other networks like Base and BNB Chain, indicating a shift in token launch preferences.

The Nigerian SEC warned investors against the $DAVIDO meme coin, highlighting risks and lack of regulatory recognition. The commission cautioned that meme coins are speculative and advised against investing, referencing previous scams linked to the artist.

Blockfinex has acquired Fluidcoins, a Nigerian crypto payment gateway, to expand into Wallet-as-a-service and global crypto processing. The acquisition includes Fluidcoins' products and aims to launch BlockPay while supporting existing clients.

SWIFT has announced that it will add a blockchain-based shared ledger to its technology infrastructure, a pivotal step for global finance that promises to make instant, always-on cross-border transactions possible at unprecedented scale.
SWIFT already has kicked off work with a group of more