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Tag: Crypto market

Fireblocks Partners with Yellow Card to Boost Cross-Border Crypto Transactions in Africa

August 25, 2024
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| News/Tech

Edited By Charles Muchoki | Africa Guardian Fireblocks, a leading provider of digital asset infrastructure, has announced its collaboration with Yellow Card, a major stablecoin on/off ramp in Africa. This partnership aims to simplify and enhance cross-border cryptocurrency transactions across the continent. The announcement, made on X, highlights the ambitious plan to expand to 14 million wallets through Fireblocks’…

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Binance declared illegal in Nigeria, ordered to cease operations

June 12, 2023
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| News Update

Binance, a blockchain ecosystem and cryptocurrency infrastructure provider, has been ordered to cease operations in Nigeria after being declared an illegal crypto trading platform. Nigeria’s Securities and Exchange Commission (SEC) issued the directive on Friday, discouraging crypto investors from using the platform as Binance is neither registered nor regulated and its operations in the country were illegal. In a…

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4 million Kenyans suffer crypto crash losses

June 22, 2022
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| Financials

Summary The crypto market, known for its wild price swings, has shed more than half of its value since November last year as investors pulled out money from riskier assets amid worries over soaring inflation and rising interest rates. The ongoing meltdown in the cryptocurrency industry could push an estimated four million Kenyans who hold the digital assets deeper into…

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