Africa

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P2P Market Paxful’s Reaches $40 Million in Monthly Bitcoin Volume in Africa

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With an estimated population of hundreds of millions of unbanked and underbanked people, Africa is a prime location for game changing financial technologies like bitcoin to take hold. A new report shows again that while not reaching the speculative online trading volume of Asia or the West, Africans are investing in bitcoin in growing numbers, … Read more

Bitcoin Price Watch: Currency Rises by Nearly $300

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Cryptocurrency advocates woke up to the good news that bitcoin is trading for around $8,900. Bitcoin is expected to break $9,000 by next week as markets and regulators alike appear to be taking on a more bullish stance. Bitcoin spent nearly 24 hours hovering in limbo. Stuck at the $8,600 mark, traders were unclear about … Read more

Bitcoin Adoption Grows in Ugandan Capital City of Kampala

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Abc News has published a report detailing the rising popularity of bitcoin among the citizenry of the Ugandan capital city of Kampala. The report describes many Ugandan bitcoin adopters as professionals seeking a supplementary income, in addition to jobless millennials seeking a means to escape a life of minimal economic opportunity. Also Read: Study: 70% of Crypto … Read more

Mainstream Media Reports of “Blockchain Elections” in Sierra Leone Are All Fake News

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The hype around so called applications of “blockchain technology” is nothing new, as many people have successfully used it to get free publicity for themselves, riding the coattails of Bitcoin’s success. But while it so far was limited mainly to promoting ICO tokens and inflating stock prices, now it seems to have crossed a border … Read more