Africa: U.S. Billionaire Tim Draper Backs Africa Blockchain Festival in Nairobi

Africa: U.S. Billionaire Tim Draper Backs Africa Blockchain Festival in Nairobi

Nairobi — US billionaire venture capitalist and Bitcoin advocate Tim Draper has highlighted Africa’s potential to leapfrog traditional financial systems as Nairobi prepares to host the Africa Blockchain Festival 2026 from October 15 to 17. Speaking with Africa Blockchain Festival founder Olubunmi Fabanwo ahead of the event, Draper said Africa’s growing adoption of digital assets,…

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ZARU goes live on Circle’s Arc blockchain

ZARU goes live on Circle’s Arc blockchain

ZARU is being developed through a partnership involving Luno, Sanlam, EasyEquities, Lesaka and BlockTower. (Image generated using ChatGPT) South Africa’s rand is gaining a new route into global digital asset markets, with ZAR Universal (ZARU), a rand-denominated stablecoin, going live on Circle’s Arc blockchain and launching as a founding currency pair on Circle StableFX. ZARU…

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Africa: U.S. Billionaire Tim Draper Backs Africa Blockchain Festival in Nairobi

Africa: Ethsafari Marks Five Years Connecting Africa to Global Blockchain Ecosystem

Nairobi — ETHSafari is marking its fifth anniversary this year, celebrating its growth into one of Africa’s leading blockchain gatherings connecting the continent’s developers, entrepreneurs and communities with the global Web3 ecosystem. Founded after African blockchain leaders repeatedly encountered questions about the continent’s innovation ecosystem at international conferences, ETHSafari was created to showcase Africa’s blockchain…

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The great blockchain letdown – TechCentral

The great blockchain letdown – TechCentral

If you asked someone 10 years ago what the hottest technology of the 2020s would be, they would probably have said “blockchain”. It was all the rage. Forget bitcoin, they said, the real value is in the underlying technology that secures it, the blockchain. A blockchain is a distributed public ledger, cryptographically secured by a…

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Blockchain booms in Africa as use cases multiply

Blockchain booms in Africa as use cases multiply

Blockchain technology is maturing on the African continent as use cases beyond cryptocurrency gain traction – in areas such as digital identity, payments, agriculture and data management. This is according to the Africa Blockchain Report 2024, compiled by Absa Corporate and Investment Banking (CIB) in collaboration with Crypto Valley Venture Capital (CV VC). According Brenton…

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Burning millions on the blockchain: how hackers used bitcoin to send a message

Burning millions on the blockchain: how hackers used bitcoin to send a message

On 18 June, something remarkable happened on the bitcoin blockchain. A series of 2 087 transactions totalling nearly 18.5 bitcoin, worth close to US$2-million (R35.5-million), was sent to a single address: 1FuckiRGCTerroristsNoBiTEXXXaAovLX. The message embedded in that address left little to interpretation. It was a public and permanent insult aimed at Nobitex, Iran’s largest cryptocurrency…

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