Sats & Gwei | Vitalik & ethereum visit Africa | Rwanda restricts Crypto transaction | Africa web3 summit | And more💯

Sovereign Frontier

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!

Chipper Cash keeps Crypto Ops Running !⚖️

The Pan African Fintech company Chipper Cash has reportedly laid off over a third of its staff. The company’s vice president wrote in a post on LinkedIn “ It was a sad day for Chipper Cash as many talented people were let go”. This is the second round of layoffs, which brings it to a total of 150 workers.

Vitalik visits Zambia Again📏

The co-founder Ethereum foundation Vitalik Buterin was in Zambia last week to continue the efforts of making Zambia a hub for cryptocurrency. Alongside some of the executives, they met with the Zambian president's special assistant to discuss pathways for boosting crypto development in the country

Fluidcoins fails to raise Cash🦥

Block Phoenix has recently acquired a 100% stake in fluid coins, which is a crypto payment gateway startup. The acquisition was made possible by Dan Holdings Limited, the parent organization of Block Phoenix, and a web3 network and venture fund. The

Crypto transactions Restricted in Rwanda!

The Government of Rwanda has asked banks to stop handling transactions in cryptocurrency. The government in recent weeks ordered all licensed banks operating within its jurisdiction to stop processing all forms of cryptocurrency transactions

Relevant links

https://www.pymnts.com/personnel/2023/chipper-cash-cuts-staff-keeps-crypto-operations/

https://zycrypto.com/ethereums-vitalik-buterin-makes-second-trip-to-zambia-sparking-hope-for-immense-crypto-adoption/

https://cryptonews.com/news/zambia-experiments-with-technology-regulate-cryptocurrency-heres-what-you-need-know.htm

https://www.aljazeera.com/news/liveblog/2023/2/25/nigeria-elections-live-news-nation-poised-for-presidential-vote

https://twitter.com/BitcoinKE/status/1629344023608475649

https://www.npr.org/2023/02/23/1159118808/nigerians-are-furious-as-the-country-switches-currencies-creating-a-cash-shortag

https://www.bloomberg.com/news/articles/2023-02-21/nigeria-seeks-new-tech-partners-to-revamp-enaira-central-bank-digital-currency

http://web3accra.com/

https://news.bitcoin.com/income-movement-rightfulshare-says-it-has-launched-first-unconditional-crypto-ubi-in-south-africa/

https://techcabal.com/2023/02/16/fluidcoin-sold-to-blockfinex/

https://innovation-village.com/rwandan-government-has-asked-banks-to-stop-processing-crytocurrency-transactions/

https://bitcoinke.io/2023/02/fonbnk-launches-monetization-feature/

https://www.thehypemagazine.com/2023/02/africas-first-web3-film-small-town-burnouts-launches-crowdfunding/

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Sats & Gwei is a Bankless Africa podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.

Disclaimer:

None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research.

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