BitKE

The Kenyan government has suspended the WorldCoin cryptocurrency initiative amid security concerns over data collection. Investigations are ongoing, as warnings of potential fraud arise, urging caution among Kenyans participating in the program.

Meta is launching NFT features on Instagram, allowing users to create, showcase, and sell digital collectibles directly on the platform. The initiative, currently in testing, aims to empower creators and enhance user engagement with NFTs.

Yellow Card has partnered with Lightspark to enable cross-border payments across 20 African countries via its Payments API, introducing Universal Money Addresses for easier transactions. This aims to enhance financial freedom and access to digital assets in Africa.

WorldCoin plans to launch World Chain by summer, a new blockchain integrated with the WorldCoin protocol that prioritizes verified users over bots. With over 10 million World IDs and significant activity in Kenya, the project aims to improve user experience while maintaining privacy.

Nigerian digital banking platform, Kredete, has raised $2.25 million in seed funding to help it further scale across the continent.


Key Takeaways
Kredete has raised $2.25 million in seed funding round led by Blockchain Founders Fund
Kredete leverages blockchain technology to enable

AfricArena’s recent Safarilex Bootcamp held in Kenya saw the participation of two decentralized infrastructure startups:

Mavuno Technologies from Tanzania
NoorNation from Egypt
The 2 are part of 32 startups selected for their outstanding innovation and potential. The startups will now get

Safaricom Ethiopia's subscriber base grew to 4.6 million in Q2 2024, showing strong momentum despite doubts over its competitiveness against Ethio Telecom, which has 78.3 million subscribers. Concerns about pricing and unique offerings persist among users.

The Human Rights Foundation’s Bitcoin Development Fund has announced a new set of grants to go out across the globe to support builders in the industry.
According to the announcement sent to Bitcoin Magazine, ‘Areas of focus include Latin America, Africa, the Middle East, Eastern Europe, and

CELO, a mobile-first and a leading blockchain protocol in Africa, was one of the key partners for the just concluded ETHSafari event which saw over 300 attendees from over 30 countries come together to talk about the decentralized economy that is quickly taking over the world by storm.
Celo was par

In an increasingly decentralized world of work, South African startup, Funti3r, is making waves by re-imagining how businesses connect with global talent – using blockchain and AI at its core.

Launched in Cape Town in 2022, Funti3r was built to solve a fundamental challenge in the modern