West African Nations Unveil a New Single Currency Without Blockchain

In a potentially risky move, the 15 member nations of ECOWAS – Economic Community of West African States –  have agreed to launch Eco, a “common currency” similar to the method the EU uses. Eco is expected to make its debut in January ...

Major African Insurer Refuses to Cover ‘Risky’ Crypto Mining Equipment

By CCN Markets: One of Africa’s largest insurer, Old Mutual, announced that it will no longer cover crypto mining equipment due to lack of regulation, wrote IOL on June 12. After researching the industry, the Pan-Africanist financial group discov...

Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth

The Huobi Cloud network of crypto exchanges wants to facilitate $55 million in daily volume by 2020.

Is the Boeing 737 Max8 at Fault for the Ethiopian Airlines Disaster?

There are no survivors on an Ethiopian Airlines plane crash that occurred on a March 10 flight that was bound for Nairobi. The flight, which took off from Addis Ababa, Ethiopia, is believed to have been carrying 149 passengers and eight crew members, n...

Is the Boeing 737 Max8 at Fault for the Ethiopian Airlines Disaster?

There are no survivors on an Ethiopian Airlines plane crash that occurred on a March 10 flight that was bound for Nairobi. The flight, which took off from Addis Ababa, Ethiopia, is believed to have been carrying 149 passengers and eight crew members, n...

Crypto Exchange BitMart Integrates Paxful to Enter P2P Trading

Crypto trading platform BitMart has announced the integration of peer-to-peer (P2P) bitcoin marketplace Paxful onto its exchange as the two companies look to increase liquidity and scalability, they said on Thursday. The integration will allow users to...

Africa Needs Open Currency Competition. It Needs Cryptocurrency

Africa's various currency crises illustrate why cryptocurrency innovation shouldn't be stifled, says economic analyst Terence Zimwara.

Bitcoin Exchange Paxful Sees 20% 2018 Growth, Driven by Africa

Despite bitcoin's price volatility in 2018, P2P exchanges Paxful and LocalBitcoins each saw significant user growth in Africa.

Africa Conducts Over 17,000 Peer-to-Peer Trades Per Day Using Gift Cards

Paxful, the peer-to-peer alternative to LocalBitcoins, has reported to CCN that over 17,000 peer-to-peer trades per day take place in Africa using their platform. The majority of these trades take place with iTunes and Amazon gift cards as the payment ...

Africa Conducts Over 17,000 Peer-to-Peer Trades Per Day Using Gift Cards

Paxful, the peer-to-peer alternative to LocalBitcoins, has reported to CCN that over 17,000 peer-to-peer trades per day take place in Africa using their platform. The majority of these trades take place with iTunes and Amazon gift cards as the payment ...