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A Look at WorldCoin, The Cryptocurrency and Identity Project Designed for the Age of Artificial Intelligence
WorldCoin is an open-source system aimed at granting global economic access through decentralized tools like World ID and the Orb. Backed by organizations such as the WorldCoin Foundation and Tools for Humanity, it emphasizes user participation and humanness verification in a digital economy.
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WLD-0,25%
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FUNDING | Nigerian Debt Collection Startup, BFREE, Raises $3 Million to Scale Operations in Africa
Nigerian fintech, BFREE, has raised $2.95 million, in a round led by Capria Ventures, as it looks to scale across its markets across the continent.
BFREE is defined as a tech-enabled debt collection startup established to automate and introduce ethical debt recovery procedures. The founders were
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USE CASES | From Ride-Sharing to Sharing WiFi Hotspots – A look At Decentralized Physical Infrastructure Networks in Africa
DePIN, or decentralized physical infrastructure networks, utilizes blockchain to manage decentralized hardware networks. By leveraging cryptocurrency tokenomics, it incentivizes peer-to-peer operations, fostering real-world services effectively.
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A Look at the Conflux Network Impact in Africa
Conflux Network is recognized by KPMG as a top startup with unicorn potential. Noted for its permissionless blockchain in China, it fosters Web3 connectivity. Its ecosystem is expanding globally, particularly in Africa, with community initiatives and partnerships enhancing its growth.
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MULTI1,63%
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REGULATION | South African Crypto Exchange, VALR, Makes Critical Step Towards Global Expansion Following Dubai Regulatory Approval
South African crypto exchange VALR has gained initial approval from Dubai's VARA, a significant step in its global expansion. The approval allows VALR to move toward establishing a virtual asset exchange in Dubai, targeting the region's growing crypto market.
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FUNDING | Canza Finance Raises $2.3 Million to Expand Baki, its African DeFi Platform for Foreign Exchange
Canza Finance, a Web3 neobank for African startups, raised $2.3 million to secure financial licenses and develop its DeFi platform, Baki, for cross-border payments.
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CBDC | Egypt Reportedly Aims to Introduce the Egyptian E-Pound Central Bank Digital Currency By 2030
Egypt plans to introduce a digital Pound (E-Pound) by 2030 as part of a financial digitalization initiative aimed at enhancing monetary policy, boosting economic competitiveness, and achieving 100% financial inclusion.
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