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The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding led by Tunde Akinnuwa, co-founder of Nigerian payments company Duplo. The funds raised will be used to launch a marketplace that rewards users for their purchases. Expanding Merchant Network and Customer Base Koree announced that it had raised $200,000 in pre-seed funding to expand […]

The Significance of Coinbase as Bitcoin Spot ETF Custodian As the approval of the ETF draws near, questions arise about the responsibility of the custodian and the security of our coins. While Twitter is abuzz with self-proclaimed ETF experts and news about punctuation changes in applications, Coinbase has quietly positioned itself as a key player

Introduction The city of Prospera in Honduras has recently taken a significant step towards the development of a pure bitcoin-based economy. On January 5, Prospera announced its decision to adopt bitcoin as a unit of account, allowing for prices and taxes to be denominated and paid using the digital currency. Financial Freedom and Monetary Freedom

Introduction The U.S. Securities and Exchange Commission (SEC) made headlines on Tuesday when its social media account, known as the X account, announced the approval of spot bitcoin exchange-traded funds (ETFs). However, SEC Chairman Gary Gensler quickly clarified that the post was unauthorized and that the account had been compromised. This unexpected turn of events

Introduction Bitcoin's value experienced a turbulent Tuesday, largely due to a rogue post from the U.S. Securities and Exchange Commission's hijacked X account, mistakenly proclaiming the green light for all spot bitcoin exchange-traded funds (ETFs). This erroneous message from the official Twitter of the U.S. Securities and Exchange Commission (SEC) sparked a rapid increase in

Cleva Founders 'Uniquely Qualified' Nigerian fintech startup Cleva has raised $1.5 million in a pre-seed funding round backed by the U.S. technology startup accelerator Y Combinator. The early-stage venture capital firm, 1984 Ventures, led the round with the participation of The Raba Partnership, Byld Ventures, Firstcheck Africa, and several angel investors. According to a recent

The Arizona State Senate is currently reviewing a proposal that encourages the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the possibility of including Bitcoin ETFs in their investment portfolios. Bill Progression and Current Status The bill, which passed the Senate's Third Reading on February 22 with a

Ethiopia's Surplus Electricity and Bitcoin Mining Ethiopia is emerging as Africa's most promising bitcoin mining hub, poised to claim a significant share of the global hashrate as the hum of miners reverberates across the globe. Recent attention from a Bloomberg article and the announcement of a bitcoin mining investment by the Ethiopian Government signals a

Assistant Treasurer Questions ASIC's Failure to Issue Consumer Warning The Australian government's assistant treasurer, Stephen Jones, has expressed his concern over the failure of the country's securities regulator to issue a consumer warning about the collapsed crypto investment firm, Hyperverse. Jones plans to query the Australian Securities and Investments Commission (ASIC) about why it did

Introduction Veteran trader Peter Brandt has raised concerns about the current hype surrounding bitcoin exchange-traded funds (ETFs). According to Brandt, the growing interest from the general public may indicate that it is time for experienced traders to sell their holdings. He also sees the expected approval of spot bitcoin ETFs as a typical "buy the