Africa

Ripple Deploys RLUSD in Kenya as Blockchain Aid Faces Real-World Drought Test

Ripple Deploys RLUSD in Kenya as Blockchain Aid Faces Real-World Drought Test

Ripple’s blockchain-powered RLUSD will instantly disburse aid to Kenyan pastoralists facing drought, using satellite data and smart contracts to automate, trace, and optimize relief. Ripple’s RLUSD Brings Instant Relief to Kenya With Blockchain-Driven Auto Payouts Ripple unveiled a new blockchain-based drought relief initiative on April 4, targeting arid communities in Kenya’s Laikipia County. Collaborating with […]

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Experts Warn: Africa’s High Crypto Adoption Rate Attracts Cybercriminals

Experts Warn: Africa’s High Crypto Adoption Rate Attracts Cybercriminals

Africa is facing a surge in cyberattacks where hackers hijack social media accounts of prominent figures and institutions to promote fake cryptocurrencies. Some experts recommend educational campaigns to teach users how to verify token promotions. Compromised Accounts Used in Crypto Fraud Promotions Africa faces a growing threat from hackers who are hijacking the social media

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Nigeria Alleges Binance Facilitated Terrorism, Kidnapping Funding

Nigeria Alleges Binance Facilitated Terrorism, Kidnapping Funding

Nigeria’s government has accused Binance of facilitating terrorism and kidnapping financing through illicit fund transfers on its cryptocurrency exchange platform. Binance Faces Increasing Legal Challenges in Nigeria Prior to the Nigerian government’s crackdown on Binance, kidnapping gangs and terrorists funneled illicit funds through the cryptocurrency exchange, Information Minister Alhaji Mohammed Idris recently stated. Idris said

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FSCA Warns South African Investors to Steer Clear of Unlicensed Crypto Firms

FSCA Warns South African Investors to Steer Clear of Unlicensed Crypto Firms

South Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising unrealistic returns of up to $542 per day. Unlicensed Crypto Firms Use Celebrity Names to Promote Offerings South Africa’s financial services industry watchdog, the Financial Sector Conduct Authority (FSCA), has issued a public

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Ripple Partners With Chipper Cash to Support Cross-Border Payments Into Africa

Ripple Partners With Chipper Cash to Support Cross-Border Payments Into Africa

Key Takeaways: Signals a shift toward community-centric, digitally driven financial solutions. Promotes inclusive growth by lowering barriers to global market participation. Could challenge entrenched remittance giants while spurring regulatory modernization. Ripple, a provider of digital asset infrastructure for financial institutions, announced on Thursday, it has partnered with Chipper Cash, an African payments company. Africa’s payments

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Ripple teams up with Chipper Cash for blockchain-powered cross-border payments in Africa

Ripple teams up with Chipper Cash for blockchain-powered cross-border payments in Africa

Ripple has partnered with Chipper Cash to drive faster and more affordable cross-border payments across Africa. Announced on March 27, the partnership will bring Ripple’s blockchain-based payment technology to Chipper Cash’s millions of users in nine African countries. The integration will allow Chipper Cash customers to access Ripple Payments, a solution that enables swift international

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