Introducing EA Kazi – A Decentralized Learning and Earning Platform for Africans

The African-based decentralized platform is developed by Africa BIoT Labs, a Tanzanian blockchain and IoT innovation hub, to build and deploy talent into the Web3 space.

https://bitcoinke.io/2022/08/introducing-ea-kazi/

Pezesha, a Kenyan🇰🇪 Leading Digital Lending Platform, Raises $11 Million, with Investment from #Cardano

Pezesha's partnership with Cardano is expected to see the company build a peer-to-peer financial operating system in Africa

See more details, including Charles Hoskinson's comment regarding the funding below:
https://bitcoinke.io/2022/08/cardano-invests-in-pezesha/

OpenSea Trading Volume Plunges 99% in 3 Months as NFT Winter Intensifies

#NFTs, which blew into popularity in mid-2021, are now facing the brunt of the declining fortunes in crypto as epitomized by the drop on the leading NFT sales platform.

https://bitcoinke.io/2022/08/opensea-trading-volume-plunges-99-percent/

Congratulations to all the female developers who attended the 5-day Web3 developer training organized by Moringa School, Polygon, and BitKE

Bank of Ghana 🇬🇭 Allays Concerns of eCedi Impact on Mobile Money

Mobile wallets and phones transactions are the equivalent of 82% of GDP in Ghana

See details:
https://bitcoinke.io/2022/09/bank-of-ghana-allays-ecedi-concerns/

Central African Republic 🇨🇫 Plans to Sell National Crypto for Citizenship Stopped by Local Court

The court said that nationality does not have a market value and that residents are required to be physically present in the country.

https://bitcoinke.io/2022/08/car-crypto-plans-stopped-by-court/

FlexID, the startup by Zimbabwean 🇿🇼 entrepreneur, Victor Mapunga, gets funded by Algorand foundation

FlexID, a decentralized marketplace of people, seeks to solve the identity problem that affects over 400 million Africans

https://bitcoinke.io/2022/09/flexid-gets-algorand-funding/

Ghana 🇬🇭 Local Currency, Cedi, Sheds 40% Value in One Year Amidst a $3 Billion IMF Bailout

As of this writing, it takes 10.1 Cedi to buy a dollar, which follows a 12-month decline. During that period, the Cedi has contracted by 40% against the dollar.

https://bitcoinke.io/2022/09/cedi-sheds-40-percent-in-one-year/

[18-24 SEPT 2022] Announcing the ETHSafari Kenya 🇰🇪Event

ETHSafari will board the “Blocktrain” aka, the Madaraka Express, from Nairobi to the coast through the Kenyan Savannah and Tsavo National Park with views of Mt. Kilimanjaro

https://bitcoinke.io/2022/09/announcing-ethsafari/

Angola 🇦🇴 Inflation Slows Down Below 20% for the First Time in Over 2 Years

The local Kwanza currency has been ranked the second best-performing currency in the world in 2022

https://bitcoinke.io/2022/09/angola-inflation-slows-in-august-2022/

Over 96% of Ethereum Client Nodes Are Now on Proof-of-Stake (PoS) Post-Merge

To be compatible post-merge, Ethereum requires node operators to run both an execution layer client, and a consensus layer client

https://bitcoinke.io/2022/09/ethereum-client-nodes-yet-to-upgrade-to-pos/ $ETH

A Look at the Conflux Network Impact in Africa

With more than 4.6 million NFTs issued by companies like CCTV or McDonald’s, Conflux is the leading choice for global players in the Chinese market

Conflux Network is the only government-endorsed permissionless blockchain  network in China.

Learn more here:

https://bitcoinke.io/2022/09/a-look-at-the-conflux-network-impact-in-africa/

Less than 1% of Members on Most DAOs Have 90% Voting Power, Says Latest Chainalysis Report

Ownership is surprisingly concentrated

DeFi-related DAOs have a giant lead accounting for 83% of all DAO treasury value and 33% of all of the DAOs by count.

https://bitcoinke.io/2022/10/dao-report-by-chainalysis/

CELO Sponsors the #ETHSafari Conference as a Key Web3 Ecosystem Partner in Kenya

Celo was part of ETHSafari as a Gold sponsor and is a key supporter of the Web3 ecosystem in East Africa and the entire continent.

https://bitcoinke.io/2022/10/celo-gold-sponsor-for-ethsafari/

Bitcoin Lightning Network Capacity Up 25% in the Last 4 Months

The Bitcoin Lightning Network holds over 5,000 BTC ($96 million) as more people use the layer 2 scaling solution to transfer bitcoin.

https://bitcoinke.io/2022/10/bitcoin-lightning-network-up-25-percent/

Bank of Ghana🇬🇭 Launches Innovation and Regulatory Sandbox Powered by EMTECH

The sandbox launch follows a successful pilot which included a Ghanaian blockchain Financial Service Provider (FSP) that was tested using Emtech's platform.

See BitKE exclusive interview with CEO of EMTECH, Carmelle, in the post below:

https://bitcoinke.io/2022/10/bank-of-ghana-launches-innovation-regulatory-sandbox/

Is Kenya🇰🇪 Becoming a Crime Scene for Web3 Funding in Africa?

As Web3 adoption continues to gain ground and efforts towards this direction pick up pace, a new threat to the growth of the ecosystem in Kenya is starting to emerge.

Read more below:
https://bitcoinke.io/2022/10/web3-in-kenya/

[REPORT]

36% of All Smart Contracts Ever Deployed and Verified Have Been in 2022

Verified smart contracts deployments are up more than 50% in 2022 alone

Ethereum, as expected, dominates big time!

https://bitcoinke.io/2022/10/web3-development-in-2022-report/

LATEST

YellowCard Granted a Virtual Asset Service Provider (VASP) License in Botswana🇧🇼 - The First in Africa

The license makes YellowCard the first crypto exchange in Africa to get a VASP license!

https://bitcoinke.io/2022/10/yellowcard-granted-a-vasp-license-in-botswana/

Nuzo Launches a Token-based ‘Shop and Earn’ Marketplace in Kenya🇰🇪

Besides buyers, sellers/merchants on the platform also get to earn the Nuzo coins, which are expected to increase in value as transaction volumes grow on the platform.

https://bitcoinke.io/2022/10/introducing-nuzo/