Demand for Web3 Talent on the Rise as Capital Nears $15 Billion in Q1 2022, Says Latest Report
In terms of sectors, Web3 was the most attractive to investors during Q1 2022, CeFi continues to be the least active in terms of the number of deals and capital inflows of all the different sectors.
Here is a breakdown of the sectors in terms of number of deals:
* Web3 – 26.5%
* DeFi – 23.2%
* Infrastructure – 19.5%
* NFT – 18.3%
* CeFi – 12.5%
See full list of stats here:
https://bitcoinke.io/2022/05/demand-for-web-3-talent-on-the-rise-q1-2022-report/
In terms of sectors, Web3 was the most attractive to investors during Q1 2022, CeFi continues to be the least active in terms of the number of deals and capital inflows of all the different sectors.
Here is a breakdown of the sectors in terms of number of deals:
* Web3 – 26.5%
* DeFi – 23.2%
* Infrastructure – 19.5%
* NFT – 18.3%
* CeFi – 12.5%
See full list of stats here:
https://bitcoinke.io/2022/05/demand-for-web-3-talent-on-the-rise-q1-2022-report/
BitKE
Demand for Web3 Talent on the Rise as Capital Nears $15 Billion in Q1 2022, Says Latest Report
Reporting on Fintech, Crypto, and Blockchain Activity in Africa
Celo, one of the leading blockchains in Africa, Grew Over 5,000% and 7 Key Milestones Inside Celo 2021 Annual Report
In the report, it can be seen that the year was action-packed with growth for Celo on several fronts. Here are just some of the growth numbers and stats for 2021:
* By December 31 2021, the blockchain had processed a total of 84.1 million transactions – a 5,115% growth YoY
* The platform had a total of 2.65 million wallet addresses – a growth of 5,916% YoY
* A total of 375k members representing 135 countries across the world
* The builder community grew by 619% to 3, 957 YoY with 848 active builders – a 848% growth rate YoY
See the full list of stats here:
https://bitcoinke.io/2022/05/key-milestones-inside-celo-2021-annual-report/
In the report, it can be seen that the year was action-packed with growth for Celo on several fronts. Here are just some of the growth numbers and stats for 2021:
* By December 31 2021, the blockchain had processed a total of 84.1 million transactions – a 5,115% growth YoY
* The platform had a total of 2.65 million wallet addresses – a growth of 5,916% YoY
* A total of 375k members representing 135 countries across the world
* The builder community grew by 619% to 3, 957 YoY with 848 active builders – a 848% growth rate YoY
See the full list of stats here:
https://bitcoinke.io/2022/05/key-milestones-inside-celo-2021-annual-report/
BitcoinKE - Reporting on Fintech, Crypto, and Blockchain Activity in Africa
Celo Grew Over 5,000% and 7 Key Milestones Inside Celo 2021 Annual Report - BitcoinKE
Celo, the blockchain that is creating blockchain solutions for mobile phone use, recently released its report covering some of the activities and achievements from 2021. In the report, it can be seen that the year was action-packed with growth for Celo on…
Calling all the #Devs and those #building (both in public and in private 😎)
The @Celoorg ecosystem in #Kenya is hosting the Celo Code Jam!
Details
Theme 📜:
▪️Stablecoin + dApps
▫️Stablecoins + Daos
▫️Stablecoin + DeFi mobile solutions
🏛: ihub
📆:28th May 2022
🕒: 9:00 am - 12:30 pm
🔗:https://forms.gle/LJziRTj7n76cr8nKA
Happy Coding!
The @Celoorg ecosystem in #Kenya is hosting the Celo Code Jam!
Details
Theme 📜:
▪️Stablecoin + dApps
▫️Stablecoins + Daos
▫️Stablecoin + DeFi mobile solutions
🏛: ihub
📆:28th May 2022
🕒: 9:00 am - 12:30 pm
🔗:https://forms.gle/LJziRTj7n76cr8nKA
Happy Coding!
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The video highlights the progress of bitcoin’s value over time covering different ups and downs from November 2014 until the recent cryptocurrency crash in May 2022.
GM Uganda Community!
The Kampala Blockchain Happy Hour is finally here!
Details:
📆: 27/05/2022
🕒: 6:30 PM - 7:30 PM EAT
📍🇺🇬 Innovation Village, Ntinda Complex, Block D, Kampala, Uganda 🇺🇬
🔗: https://bit.ly/KampalaVillageMeetup-CELO
Come let's connect, prosper and learn over a drink or 2!
The Kampala Blockchain Happy Hour is finally here!
Details:
📆: 27/05/2022
🕒: 6:30 PM - 7:30 PM EAT
📍🇺🇬 Innovation Village, Ntinda Complex, Block D, Kampala, Uganda 🇺🇬
🔗: https://bit.ly/KampalaVillageMeetup-CELO
Come let's connect, prosper and learn over a drink or 2!
Zimbabwe Inflation Rate Hits 131.7% in May 2022
Year-on-year inflation in Zimbabwe has quickened as follows:
* January 2022 – 60.6%
* April 2022 – 96.4%
* May 2022 – 131.7%
Inflation is the decline of purchasing power of a given currency over time.
This means if you bought a piece of bread for $1 dollar in Zimbabwe in January 2022, you would now be buying it in May 2022 at . . . .
https://bitcoinke.io/2022/05/zimbabwe-inflation-rate-over-100-percent/
Year-on-year inflation in Zimbabwe has quickened as follows:
* January 2022 – 60.6%
* April 2022 – 96.4%
* May 2022 – 131.7%
Inflation is the decline of purchasing power of a given currency over time.
This means if you bought a piece of bread for $1 dollar in Zimbabwe in January 2022, you would now be buying it in May 2022 at . . . .
https://bitcoinke.io/2022/05/zimbabwe-inflation-rate-over-100-percent/
BitcoinKE - Reporting on Fintech, Crypto, and Blockchain Activity in Africa
Zimbabwe Inflation Rate Hits 131.7% in May 2022 - BitcoinKE
https://twitter.com/zimstat/status/1529401598748856322 Zimbabwe's inflation rate jumped to 131.7% in May 2022, the statistics office said, as fallout from the Ukraine war hit an already battered economy. The latest figure is up 96.4% from the previous month…
Nigerian Government to Roll Out IP Exchange MarketPlace and Wallet on the Algorand Blockchain
The Nigerian government has signed a 3-year exclusive IPR (intellectual property right) agreement to launch a nation-wide wallet which will enable the international commercialization of all IP forms being created and registered within the country.
Koibanx, the leading Latin American asset tokenization and blockchain financial infrastructure company, will be in charge of implementing:
* The wallet
* The token, both for the IP being sold and stable token
* The overall technical integration
See full details of the deal here:
https://bitcoinke.io/2022/05/nigerian-to-roll-out-ip-exchange-marketplace-on-algorand/
The Nigerian government has signed a 3-year exclusive IPR (intellectual property right) agreement to launch a nation-wide wallet which will enable the international commercialization of all IP forms being created and registered within the country.
Koibanx, the leading Latin American asset tokenization and blockchain financial infrastructure company, will be in charge of implementing:
* The wallet
* The token, both for the IP being sold and stable token
* The overall technical integration
See full details of the deal here:
https://bitcoinke.io/2022/05/nigerian-to-roll-out-ip-exchange-marketplace-on-algorand/
BitKE
Nigerian Government to Roll Out IP Exchange MarketPlace and Wallet on the Algorand Blockchain
Reporting on Fintech, Crypto, and Blockchain Activity in Africa
Introducing Project Sango
The Central African Republic (CAR)🇨🇫, the second country in the world to adopt bitcoin as a legal currency after El Salvador🇸🇻, plans to develop a hub to attract cryptocurrency businesses and enthusiasts to the nation.
Sango’s legal framework will include:
* An e-residency program
* Citizenship by investment
* Online business registration
* No income or corporate tax
CAR plans to devise this dedicated legal framework before the end of 2022.
See full details via this link:
https://bitcoinke.io/2022/05/introducing-project-sango/
The Central African Republic (CAR)🇨🇫, the second country in the world to adopt bitcoin as a legal currency after El Salvador🇸🇻, plans to develop a hub to attract cryptocurrency businesses and enthusiasts to the nation.
Sango’s legal framework will include:
* An e-residency program
* Citizenship by investment
* Online business registration
* No income or corporate tax
CAR plans to devise this dedicated legal framework before the end of 2022.
See full details via this link:
https://bitcoinke.io/2022/05/introducing-project-sango/
BitcoinKE - Reporting on Fintech, Crypto, and Blockchain Activity in Africa
Introducing Project Sango – The First Bitcoin Island and Hub in Central African Republic - BitcoinKE
The Central African Republic (CAR), the second country in the world to adopt bitcoin as a legal currency after El Salvador, plans to develop a hub to attract cryptocurrency businesses and enthusiasts to the nation. The initiative, coined Sango, was started…
Bank of Ghana 🇬🇭 Testing eCedi Integration with Mobile Money Players
The Central Bank of Ghana (BoG) has created online and offline wallets for eCedi.
The opportunity to test the online version of the eCedi is restricted to Vodafone Cash and CalBank customers only in Accra and Tarkwa in the Western Region.
Meanwhile, the offline version of the eCedi is currently being piloted at Sefwi Asafo in the Western North Region
https://bitcoinke.io/2022/05/bank-of-ghana-testing-ecedi-integration-with-mobile-money-players/
The Central Bank of Ghana (BoG) has created online and offline wallets for eCedi.
The opportunity to test the online version of the eCedi is restricted to Vodafone Cash and CalBank customers only in Accra and Tarkwa in the Western Region.
Meanwhile, the offline version of the eCedi is currently being piloted at Sefwi Asafo in the Western North Region
https://bitcoinke.io/2022/05/bank-of-ghana-testing-ecedi-integration-with-mobile-money-players/
BitcoinKE - Reporting on Fintech, Crypto, and Blockchain Activity in Africa
Bank of Ghana Testing eCedi Integration with Mobile Money Players - BitcoinKE
Vodafone Cash and CalBank customers have been granted the opportunity to test the online version of Bank of Ghana’s Central Bank Digital Currency (CBDC), the eCedi. According to reports in Ghana, the opportunity to test the online version of the eCedi is…
The Kenyan 🇰🇪 non-profit foundation behind the Sarafu community token, now enables communities to launch their own tokens.
This will be done under the Kitabu humanitarian blockchain which has zero gas fees.
So far, 14 communities have issued their own tokens on the blockchain
Learn more:
https://bitcoinke.io/2022/05/14-communities-launch-their-own-cics-in-kenya/
This will be done under the Kitabu humanitarian blockchain which has zero gas fees.
So far, 14 communities have issued their own tokens on the blockchain
Learn more:
https://bitcoinke.io/2022/05/14-communities-launch-their-own-cics-in-kenya/
BitcoinKE
14 Communities Launch Their Own Blockchain-based Community Inclusion Currencies (CICs) in Kenya
Reporting on Fintech, Crypto, and Blockchain Activity in Africa
6 Tech Companies Leading the Metaverse Push
Nvidia, a global leader in artificial intelligence hardware & software, especially in the gaming industry, has built its Omniverse platform being used across a growing number of industries for design collaboration and simulating of real-world buildings and factories.
Learn about the other 5 companies here:
https://bitcoinke.io/2022/06/6-tech-companies-leading-the-metaverse-push/
Nvidia, a global leader in artificial intelligence hardware & software, especially in the gaming industry, has built its Omniverse platform being used across a growing number of industries for design collaboration and simulating of real-world buildings and factories.
Learn about the other 5 companies here:
https://bitcoinke.io/2022/06/6-tech-companies-leading-the-metaverse-push/
BitcoinKE - Reporting on Fintech, Crypto, and Blockchain Activity in Africa
6 Tech Companies Leading the Metaverse Push - BitcoinKE
The term, metaverse, can trace its roots back 3 decades ago to a sci-fi novel by Neal Stephenson called SnowCrash. Since then, the term has been used loosely to describe the integration between virtual and physical spaces, building on the growing interest…
[WATCH] KRYPTOMON – A Side Income Opportunity for Africa’s Enthusiastic Youths
Kryptomon recently closed a $10 million private funding round to help propel the development of Kryptomon’s living-NFT game, the first-ever in the NFT gaming industry that integrates real-world gaming with Metaverse capabilities.
BitKE had an exclusive interview with the CEO, Umberto Canessa, to talk about the game and expansion plans.
Check out the game synopsis and the interview here:
https://bitcoinke.io/2022/06/kryptomon-a-side-income-opportunity-for-africas-enthusiastic-youths/
Kryptomon recently closed a $10 million private funding round to help propel the development of Kryptomon’s living-NFT game, the first-ever in the NFT gaming industry that integrates real-world gaming with Metaverse capabilities.
BitKE had an exclusive interview with the CEO, Umberto Canessa, to talk about the game and expansion plans.
Check out the game synopsis and the interview here:
https://bitcoinke.io/2022/06/kryptomon-a-side-income-opportunity-for-africas-enthusiastic-youths/
BitcoinKE - Reporting on Fintech, Crypto, and Blockchain Activity in Africa
[WATCH] KRYPTOMON – A Side Income Opportunity for Africa’s Enthusiastic Youths - BitcoinKE
https://youtu.be/TWzjsWWZp3U The Play-to-Earn space has gotten a lot of traction in the cryptocurrency community especially in 2021. According to data from The Block’s “2022 Digital Asset Outlook,” the total Non-Fungible Token (NFT) trading volume ended the…
Bank of Uganda (BoU) Welcomes Crypto Businesses into its Regulatory Sandbox
In a correspondence with the Blockchain Association of Uganda, the Bank of Uganda (BoU) has indicated that it is willing to consider crypto businesses into the bank’s regulatory sandbox.
In the email to Mr. Kwame Rugunda, Chairman, Blockchain Association of Uganda, the Director at the BoU’s National Payments Service, Mr. Andrew Kawere, said:
https://bitcoinke.io/2022/06/bank-of-uganda-welcomes-crypto-into-regulatory-sandbox/
In a correspondence with the Blockchain Association of Uganda, the Bank of Uganda (BoU) has indicated that it is willing to consider crypto businesses into the bank’s regulatory sandbox.
In the email to Mr. Kwame Rugunda, Chairman, Blockchain Association of Uganda, the Director at the BoU’s National Payments Service, Mr. Andrew Kawere, said:
https://bitcoinke.io/2022/06/bank-of-uganda-welcomes-crypto-into-regulatory-sandbox/
LATEST:
National Bank of Ethiopia Warns Public the Use of Cryptocurrencies is Illegal
The National Bank of Ethiopia (Central Bank of Ethiopia) is warning citizens not to engage in ‘illegal’ transactions in digital currencies.
The National Bank of Ethiopia (NBE) said digital currencies like bitcoin have not been recognized by the NBE as a transactional and payment method.
See full report here:
https://bitcoinke.io/2022/06/national-bank-of-ethiopia-warns-use-of-cryptocurrencies-is-illegal/
National Bank of Ethiopia Warns Public the Use of Cryptocurrencies is Illegal
The National Bank of Ethiopia (Central Bank of Ethiopia) is warning citizens not to engage in ‘illegal’ transactions in digital currencies.
The National Bank of Ethiopia (NBE) said digital currencies like bitcoin have not been recognized by the NBE as a transactional and payment method.
See full report here:
https://bitcoinke.io/2022/06/national-bank-of-ethiopia-warns-use-of-cryptocurrencies-is-illegal/
BitcoinKE - Reporting on Fintech, Crypto, and Blockchain Activity in Africa
National Bank of Ethiopia Warns Public the Use of Cryptocurrencies is Illegal - BitcoinKE
https://twitter.com/Yikim001/status/1533792665044754432?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1533792665044754432%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.africanews.com%2F2022%2F06%2F06%2Fethiopia-s-central-bank-warns-against-trading…
📢📢Developers Assemble! 👩🏾💻🧑🏿💻
Are you ready to hack Celo?
This weekend the @Celoorg ecosystem in #Kenya hosting yet another Celo Code Jam session!
Details
🏛️: Jenga Leo Coworking
📆:11/06/2022
🕒: 10 am - 6 pm
🔗:https://forms.gle/LJziRTj7n76cr8nKA
Come let's hack Celo together!
Are you ready to hack Celo?
This weekend the @Celoorg ecosystem in #Kenya hosting yet another Celo Code Jam session!
Details
🏛️: Jenga Leo Coworking
📆:11/06/2022
🕒: 10 am - 6 pm
🔗:https://forms.gle/LJziRTj7n76cr8nKA
Come let's hack Celo together!
Binance Enabled $2.35 Billion in Money Laundering and Illegal Activity, a Reuters Investigation Reveals
For five years, the world’s largest cryptocurrency exchange Binance served as a conduit for the laundering of at least $2.35 billion in illicit funds, a Reuters investigation has found.
Reuters also said it reviewed data which showed that from 2017 to 2022, buyers and sellers on the world’s largest darknet drugs market, a Russian-language site called Hydra, used Binance to make and receive crypto payments worth $780 million.
See the full investigation synopsis here:
https://bitcoinke.io/2022/06/binance-money-laundering-investigation-by-reuters/
For five years, the world’s largest cryptocurrency exchange Binance served as a conduit for the laundering of at least $2.35 billion in illicit funds, a Reuters investigation has found.
Reuters also said it reviewed data which showed that from 2017 to 2022, buyers and sellers on the world’s largest darknet drugs market, a Russian-language site called Hydra, used Binance to make and receive crypto payments worth $780 million.
See the full investigation synopsis here:
https://bitcoinke.io/2022/06/binance-money-laundering-investigation-by-reuters/
BitcoinKE - Reporting on Fintech, Crypto, and Blockchain Activity in Africa
Binance Enabled $2.35 Billion in Money Laundering and Illegal Activity, a Reuters Investigation Reveals - BitcoinKE
An investigation by Reuters is accusing Binance, the world's largest crypto exchange, of enabling illicit transactions totalling $2.35 billion between 2017 and 2021. The investigation is pointing at the exchange's lax registration rules, in particular, its…
Kenya One of the First Markets as MoneyGram Launches Global Crypto-to-Cash Service on Stellar Network
Moneygram hailed the services saying that the 'settlement with MoneyGram will occur in near-real-time using USDC, enabling an accelerated collection of funds, improving efficiencies and reducing risks.'
See details:
https://bitcoinke.io/2022/06/kenya-first-market-for-moneygram-global-crypto-to-cash-service/
Moneygram hailed the services saying that the 'settlement with MoneyGram will occur in near-real-time using USDC, enabling an accelerated collection of funds, improving efficiencies and reducing risks.'
See details:
https://bitcoinke.io/2022/06/kenya-first-market-for-moneygram-global-crypto-to-cash-service/
BitKE
Kenya One of the First Markets as MoneyGram Launches Global Crypto-to-Cash Service on Stellar Network
Reporting on Fintech, Crypto, and Blockchain Activity in Africa
Kenya🇰🇪 Central Bank to Regulate Financial Super Apps Like M-PESA
The reason behind the focus on super apps is that these platforms have the potential to account for more transactions that have traditionally been handled by banks directly.
https://bitcoinke.io/2022/06/kenya-central-bank-to-regulate-financial-super-apps-like-m-pesa/
The reason behind the focus on super apps is that these platforms have the potential to account for more transactions that have traditionally been handled by banks directly.
https://bitcoinke.io/2022/06/kenya-central-bank-to-regulate-financial-super-apps-like-m-pesa/
Kenyans 🇰🇪 Lose $8.5 Million to The BitStream Circle Ponzi Scheme
BitStream Circle gained more than 10, 000 followers on its Telegram page in a short time. To be added to the 'Bit Elite Team' group, one had to make a $20 (KES 2, 340) deposit.
See story details here:
https://bitcoinke.io/2022/06/kenyans-lose-millions-to-bitstream-circle-ponzi-scheme/
BitStream Circle gained more than 10, 000 followers on its Telegram page in a short time. To be added to the 'Bit Elite Team' group, one had to make a $20 (KES 2, 340) deposit.
See story details here:
https://bitcoinke.io/2022/06/kenyans-lose-millions-to-bitstream-circle-ponzi-scheme/
Kenya’s Latest Forensics Lab to Investigate Rising Cryptocurrency Fraud
Kenya’s National Police Service has launched a Forensics Lab that is expected to fast-track investigations into cyber-crimes, with the Kenya president noting the rising cases of crypto fraud.
Kenya continues to be a hotspot for cyber crimes, in particular blockchain/crypto related scams.
The forensic laboratory is a world-class facility comparable to any in the developed world and across other established investigative jurisdictions. It encompasses the physical structure equipped with ten specialized state-of-the-art laboratories, which include:
https://bitcoinke.io/2022/06/kenya-forensics-lab-to-investigate-rising-crypto-fraud/
Kenya’s National Police Service has launched a Forensics Lab that is expected to fast-track investigations into cyber-crimes, with the Kenya president noting the rising cases of crypto fraud.
Kenya continues to be a hotspot for cyber crimes, in particular blockchain/crypto related scams.
The forensic laboratory is a world-class facility comparable to any in the developed world and across other established investigative jurisdictions. It encompasses the physical structure equipped with ten specialized state-of-the-art laboratories, which include:
https://bitcoinke.io/2022/06/kenya-forensics-lab-to-investigate-rising-crypto-fraud/