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This week's prominent stories from Africa's crypto sector include Onafriq's USDC collaboration, Nigeria's action against CBEX fraudsters, and Phoenix Group's expansion in Bitcoin mining.
At a recent crypto conference, Eric Trump promoted Bitcoin as a solution for the politically oppressed, highlighting the financial system's bias.
A recent US federal appeals court ruling eliminates Apple's infamous 30% cut on in-app purchases, opening up opportunities for cryptocurrency applications.
The Cardano ADA Lace wallet now supports Bitcoin, indicating a significant shift in its strategy towards a multichain ecosystem. Insights on ADA's price predictions for May 2025 are explored.
A deep dive into the controversies surrounding Movement, a crypto startup, revealing hidden contracts and the implications for its leadership.
The Polkadot treasury's net flows have taken a downturn, causing concern among holders and investors about the sustainability of the network's finances.
The Ethereum Foundation has announced a significant restructuring of its leadership roles, revealing a dual-executive team aimed at enhancing operational efficiency and project execution.
Recent hacks compromised libraries used in XRP development, but analysts remain optimistic about the coin's future price.
Federal prosecutors and Samourai Wallet's defense team have jointly sought a postponement in legal proceedings, indicating potential case dismissal.
This week in African crypto, Ghana is set to introduce regulations by 2025, while Binance fortifies its measures in South Africa, and Nigeria escalates its efforts against unregulated crypto businesses.
ARK Invest has raised its bullish forecast for Bitcoin, now suggesting it could reach $2.4 million by 2030. This shift is attributed to increased institutional adoption and Bitcoin's evolving role as a digital asset.
Traders are betting on Bitcoin's rise to $110,000 by June as BTC maintains its dominance amidst market fluctuations in response to U.S.-China trade dynamics.
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