StarkWare Launches $4 Million Fund to Empower African Blockchain Startups

StarkWare, an Israeli blockchain infrastructure firm valued at $8 billion, has introduced a $4 million fund to invest in pre-seed and seed-stage startups across Africa. This initiative aligns with the continent's growing embrace of blockchain technology, offering a timely boost to innovation in the sector. About StarkWare Established in 2018 by Eli Ben-Sasson, Uri Kolodny,…

16 hours ago0Comments

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How Blockchain is Transforming Africa: From Financial Inclusion to Transparency

Africa, a continent rich in potential and resources, is transforming digitally through blockchain technology. Once plagued by inefficiencies and bureaucratic challenges, African economies leverage blockchain to bring transparency, accessibility, and empowerment to areas previously constrained by outdated systems. The Challenges Before Blockchain Historically, Africa has faced numerous hurdles that stifled economic growth: Kenya’s Financial Inclusion…

November 20, 20240Comments

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The African Union’s AI Strategy: A Game Changer for Innovation and Growth in Africa

The recent endorsement of the "Continental Artificial Intelligence Strategy" by the African Union's Executive Council is a significant step towards accelerating AI adoption across Africa. This transformative plan is designed to foster innovation and drive economic growth by integrating AI into public and private sectors within member states. The urgency of this initiative is underscored…

September 1, 20240Comments

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Crypto

PayPal Launches Stablecoin on Solana in $2.6 Trillion Market

In its ongoing rivalry with Ethereum, Solana has secured a significant partnership with an unexpected ally—PayPal. On Wednesday, the online payments giant announced that its stablecoin, PayPal USD (PYUSD), is now available on the Solana blockchain network. This move not only enhances Solana’s credibility in the massive $2.6 trillion payments processing market but also sets…

May 29, 20240Comments

Byrwandatechnews

Crypto

SEC Nears Approval for Ether ETFs: What It Means for Crypto Investors

The US Securities and Exchange Commission (SEC) is getting closer to allowing eight new exchange-traded funds (ETFs) tied to ether, the world's second-biggest cryptocurrency after Bitcoin. This follows their approval of the first bitcoin ETFs earlier this year. On Thursday, the SEC approved some rule changes supporting these ether ETFs for big companies like BlackRock,…

May 25, 20240Comments

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US Finance Giants Bitcoin

As Bitcoin approaches its all-time high, the spotlight turns to the significant influence wielded by US finance giants such as Grayscale, BlackRock, and Fidelity. These investment powerhouses channel billions of dollars into Bitcoin, solidifying their status as the new 'Bitcoin whales' in the cryptocurrency sea. This influx of institutional investment marks a pivotal shift in…

March 1, 20240Comments

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Blockchain Technology in Africa

Blockchain technology has emerged as a powerful tool with the potential to revolutionize various sectors across the globe. In Africa, where unique challenges often require innovative solutions, blockchain promises to address pressing issues and drive positive change. Transparency and Accountability One of blockchain's primary advantages is its ability to establish transparency and accountability. Corruption and…

September 25, 20230Comments

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Blockchain Technology Explanation

In the age of digital transformation, blockchain technology has emerged as a revolutionary force with the potential to reshape industries and how we interact with data. In this article, we will delve into what blockchain is, how it works, its various applications, and the advantages and disadvantages it brings to the table. Understanding BlockchainAt…

September 24, 20230Comments

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Technology and humanism

In the fast-paced digital age, technological innovation has expanded at an unprecedented rate, ushering in a new era of possibilities that shape our societies and economies. While these technologies offer exciting opportunities for growth and connectivity, they also come with unique challenges that demand thoughtful regulation and ethical frameworks. At the heart of our…

September 22, 20230Comments

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Global News

Sam Altman’s Worldcoin Launch Retina-Scanning Cryptocurrency

Worldcoin, a daring crypto startup co-founded by OpenAI CEO Sam Altman's Worldcoin Launch, has the worldwide distribution of its services, aiming to create a dependable method for discerning humans from AI online, support global democratic systems, and significantly enhance economic opportunities. The startup has garnered around $250 million in funding, with Andreessen Horowitz, Khosla Ventures, and Reid…

July 26, 20230Comments

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