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/

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/

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 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!

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/

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/

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/

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 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/

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/

[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/

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/

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/

📢📢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!

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/

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/

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/

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/