The FTX crypto exchange going down will forever be remembered as a dark day in crypto. But props to the company for finally starting to repay creditors. It went through with its first round of repayments on February 18, where it paid out the ‘Convenience Class,’ i.e., investors who lost up to $50K. The next
Another week, another set of fascinating developments to look at on the Africa crypto scene. Nigeria continues to open up to crypto investors as a significant debit card service is now operational in that market. Meanwhile, OKX is betting on Africa’s future as Tether signs a deal with Guinea to be part of its “Innovation
Africa’s crypto industry is facing challenges with the CAR meme coin scandal, Nigeria leading in crypto fraud, and Kenya’s DCI account being hacked. The CAR meme coin initially gained popularity but crashed soon after its launch, raising concerns about security. Nigeria has a high rate of crypto-related fraud, surpassing other African countries. The DCI account