👨🏿‍🚀TechCabal Daily – Planet42 raises $100 million
CRYPTO MARKET Bitcoin $24,480 + 1.10% Ether $1,667 + 1.17% BNB $313 + 1.79% Solana $24.47 + 0.35% Name of the coin Price of the coin 24-hour percentage change Source:…
👨🏿‍🚀TechCabal Daily – Bolt to invest $530 million in Africa
21 FEBRUARY, 2023 IN PARTNERSHIP WITH Good morning 🌞 We’re turning 10 this year—that’s almost as old as doge, or Disney’s Frozen. As we mentioned earlier in the year, our…
Where do existing investors stand in Fluidcoins fire sale?
On Thursday morning, TechCabal exclusively reported the sale of the crypto payments startup, Fluicoins, to the UAE-based Blockfinex. However, reports from several sources close to the situation paint a picture…
Nigerian Fluidcoins sold to UAE-based Blockfinex after failing to raise cash
Blockfinex, a Barbados and Seychelles-registered crypto exchange company, has acquired a 100% stake in Nigerian crypto payment gateway startup, Fluidcoins for an undisclosed sum. The founding team of Fluidcoins will…
How Tether paid out $20 billion in 30 days
If it’s not the FTX fiasco, it is a trillion-dollar market crash. Now and then, there’s always an event that justifies people’s distrust of anything crypto-related. But in stablecoins, a…
BNPL platforms had more biometric fraud attempts than crypto
Key takeaways: Smile Identity”s report shows there were more biometric fraud attempts on BNPL platforms than on crypto. While crypto-related scams were on the rise in 2022, fiat scams are…
Luno lays off 35% of its workforce
The news: London-headquartered crypto exchange with operations in Africa has announced that it”ll be laying off employees. The company’s spokesperson said marketing teams would be affected the most. The job…
Is Bitcoin on the rise again? Here are 2 things to know before investing
For the first time since November 7, 2022, flagship cryptocurrency, Bitcoin, showed some signs of recovery. The cryptocurrency, which traded below $17,000 since the FTX issue, rose above $21,000 on…
With low prices and trust, what’s next for African crypto startups and creators?
Two years after crypto excitement hit Africa, there has been a painful return to earth. Prices and trust are low, and the promise that crypto would help Africans escape poverty…
👨🏿‍🚀 TechCabal Daily – South Africa’s new crypto clause
CRYPTO MARKET Bitcoin $23,093 + 1.70% Ether $1,637 + 0.34% BNB $321 + 5.52% Solana $24.84 + 1.01% Name of the coin Price of the coin 24-hour percentage change Source:…