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USE CASE | A Campaign to Donate to Pastoralist Communities in Kenya Using Diva Protocol on Polygon Kicks Off
DIVA Technologies, in partnership with Mercy Corps Ventures, Fortune Credit, and Shamba Network, has launched a donation campaign to support pastoralist communities in Kenya affected by climate change and severe drought. The initiative aims to provide cash transfers to beneficiaries based on pasture conditions, helping them sustain their livestock during adversity.
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REGULATION | Kenya Data Protection Office Issues Notice as Locals Throng for WorldCoin Registration
Kenya's Office of the Data Protection Commissioner warns citizens to be cautious when registering for the WorldCoin program, as it involves sensitive personal data. With 350,000 Kenyans already signed up for free tokens, the initiative aims to provide digital identification amidst AI advancements.
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INTRODUCING | Tether Launches Open-Source Toolkit to Let Anyone Build a Bitcoin and USDT Wallet Extensible to Any Token
Tether has launched the Wallet Development Kit (WDK), an open-source toolkit for creating multi-chain, self-custodial wallets. It supports various blockchains and tokens, offering customizable user interface options and secure management, aiming to empower extensive DeFi applications and user experiences.
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BTC-0,41%
ETH0,24%
ARB-0,43%
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REGULATION | Mercury Digital Bank to Close Accounts of Startups in 13 African Countries Due to U.S. Federal Scrutiny
Mercury will close accounts for businesses in thirteen African countries by August 22, 2024, due to stricter eligibility criteria. This decision affects African startups incorporated in Delaware, limiting their access to U.S. banking services amid regulatory concerns.
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MetaMask Adds NFT Support in Latest Update to its Browser Extension
MetaMask's latest update introduces NFT compatibility in its browser extension, featuring a dedicated NFT tab, simplified ERC-721 transfers, and automatic token detection, enhancing user experience and security for NFT management.
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ETH0,24%
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REGULATION | Western Union Signals Strong Move to Offer Crypto Services
Western Union has filed a trademark application for “WUUSD”, signaling a strong move toward digital assets and blockchain-based payment services.
According to the filing, the ‘WUUSD’ trademark covers a wide range of crypto-related activities including:
Digital wallet management
Crypto trading
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ETHEREUM | Vitalik Buterin Provides a Detailed Overview of the Ethereum Foundation’s 2023 Spending
The Ethereum Foundation's 2023 budget, outlined by Vitalik Buterin and Josh Stark, prioritizes new institutions, research, community development, and zero-knowledge applications, while responding to criticism about its DeFi stance and promoting blockchain education.
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ETH0,24%
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LIST | Kenya’s AntuGrow Emerges Top in the Just Concluded NEAR Horizon Accelerator Cohort 2
AntuGrow, a Nairobi-based startup, excelled in the Near Horizon Accelerator, utilizing blockchain for farmer financing by creating credit scores from harvest records and satellite data. The company aims to connect farmers globally to affordable capital, having achieved significant milestones in just eight weeks.
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