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BitKE is your one-stop destination for all things Bitcoin, cryptocurrencies, and Blockchain in Africa. We cover events, meetups, and interviews with founders and experts in the cryptocurrency and Blockchain space across Africa. Everything Decentralized !
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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/
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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/
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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/
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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
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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/
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[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/
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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/
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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/
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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/
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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/
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Congratulations to all the female developers who attended the 5-day Web3 developer training organized by Moringa School, Polygon, and BitKE
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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/
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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/
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Pezesha, a Kenyan🇰🇪 Leading Digital Lending Platform, Raises $11 Million, with Investment from #Cardano
Pezesha's partnership with Cardano is expected to see the company build a peer-to-peer financial operating system in Africa
See more details, including Charles Hoskinson's comment regarding the funding below:
https://bitcoinke.io/2022/08/cardano-invests-in-pezesha/
https://bitcoinke.io/2022/08/cardano-invests-in-pezesha/
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Introducing EA Kazi – A Decentralized Learning and Earning Platform for Africans
The African-based decentralized platform is developed by Africa BIoT Labs, a Tanzanian blockchain and IoT innovation hub, to build and deploy talent into the Web3 space.
https://bitcoinke.io/2022/08/introducing-ea-kazi/
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LATEST!
Nigeria Interbank Settlement System (NIBSS) is Now Available on the eNaira Platform, Says the Central Bank of Nigeria 🇳🇬
The integration with Nigeria's payments backbone, NIBBS Instant Payments (NIP) means users can now transfer funds from their eNaira wallet to any bank account of their choice in Nigeria.
https://bitcoinke.io/2022/08/nigeria-interbank-settlement-system-available-on-the-enaira-platform/
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$ETH Staking Hits All Time High Ahead of Merge
The amount of $ETH staked on DeFi protocols is over 13.2 million $ETH staked, which is an all time high, as investors anticipate upside from the upcoming merge.
https://bitcoinke.io/2022/08/eth-staking-hits-all-time-high-ahead-of-merge/
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Africa Accounts for Less Than 1% of Global Crypto Spot and Derivatives Trading, Says Latest Report
According to the report, South Africa is the largest market which can be seen by its ‘more advanced financial infrastructure and fiat-to-crypto payment rail.’
After South Africa, Nigeria is the second largest market.
3 factors from the report that were highlighted to drive the overall growth of crypto in Africa include:
* Increased institutional participation
* Rise of Web3
* Emerging markets use cases
https://bitcoinke.io/2022/08/1-percent-of-global-crypto-trading-in-africa/
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[MILESTONE] Nigeria🇳🇬 Broadband Subscriptions Double in 5 Years – Currently at 44.5%
* Broadband internet subscriptions doubled in 5 years
* January 2017 - 41.4 million subscriptions (21.7%)
* June 2022 - 84.6 million subscriptions (44.5%)
https://bitcoinke.io/2022/08/nigeria-broadband-subscribers-grow-to-over-44-percent/
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#Web3 Ladies🇳🇬 Partners with Polygon to Onboard Over 100K African Women onto Blockchain
Web3 Ladies has over 13,000 members as part of its community, and these ladies are coming from several countries across the continent.
https://bitcoinke.io/2022/08/web3-ladies-partners-with-polygon/
