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South Africa is one of the first countries in the world to regulate crypto trading.  Even though the government doesn’t accept cryptocurrencies as formal payments, citizens are still legally allowed to own tokens and trade them.  Because of this, there has been quite a spike in the last few years when it comes to South...
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●Bitcoin (BTC): $22,898 +2.0% ●Ether (ETH): $1,677 +5.6% ●S&P 500 daily close: 4,145.19 −0.2% ●Gold: $1,791 per troy ounce +0.2% ●Ten-year Treasury yield daily close: 2.84% +0.2 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index...
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The fundraising boom in Africa’s crypto space shows no sign of abating. Venture Capital flows into crypto ventures in the first half of this year surpassed the total for all of last year – $127-million – reports show. In the first quarter of this year alone, $91-million was raised, with this fundraising streak spilling over...
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Global investors are replenishing their war chests to tap opportunities in underserved areas as they chase down new unicorns in Africa’s vibrant startup market. In just under two months, three funds have launched fundraising drives, targeting growth and venture capital, with some recording a positive reception and one fund has already surpassed its initial target....
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The metaverse is here, and it’s about to change the way we work and play forever. You can own your own piece of virtual real estate, do some online shopping, attend virtual events and experience an entirely new world. Want to live next door to a celebrity? For the right price tag, you can. Take...
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It only took 13 years for crypto to recreate the same kind of financial crisis it was designed to prevent. Here’s how it (almost) all went down.
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The loan will be in two parts. The first is a cash/USDC-based credit facility with an aggregate principal amount of $200 million. The second revolving credit facility is for 15,000 BTC. Voyager will only use the credit facilities if needed to safeguard customer assets, the broker said in a statement on Friday.
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The collection amassed huge popularity in crypto circles but its creator has now acknowledged being the person behind a pseudonymous account allegedly linked to hate and a suicide cult.
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As more and more African countries express their interest in launching digital currencies backed by central banks, three are considering the adoption of private-based virtual digital assets, which could bring greater currency stability. Cameroon, the Democratic Republic of Congo (DRC) and Congo Brazzaville have all announced their intention to adopt cryptocurrency and blockchain-based solutions. The...
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The Central African Republic has adopted bitcoin as legal tender, the president’s office said on Wednesday, becoming the second country in the world to do so after El Salvador. A bill that made bitcoin legal tender alongside the Central African franc (CFA) and legalised the use of cryptocurrencies was unanimously adopted. President Faustin-Archange Touadéra signed...
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