Verda Ventures partners with Opera to launch $40 million MiniPay fund The fund will support Web3 startups to build products around Opera’s MiniPay wallet.
Tether stablecoin sees increased usage in Africa since January — Chainalysis This development confirms the growth in the USDT-dominated stablecoin market in Africa since 2022.
Court sets Gambaryan free as Nigerian government withdraws charges The EFCC asked the court to release the Binance executive, citing his failing health and behind-the-scenes diplomatic meetings between the Nigerian and United States governments.
Baxi, FairMoney, and KongaPay join Zone’s decentralized payment network These fintechs follow the steps of other notable Nigerian tradfi banks in implementing Zone’s blockchain-based payments processing network
Detained Binance exec faces further delay in bail request as health falters Test Despite Tigran Gambaryan’s condition worsening, his bail request is postponed. The court is still to decide on his medical release.
Nigerian SEC grants provisional crypto licenses amid regulatory shift Crypto exchanges Quidax and Busha receive “Approval-in-Principle” as Nigeria takes steps towards regulating the crypto industry.
Herniated disc and handcuffs: Binance exec’s health deteriorates in Nigerian prison Binance disputes claims about its earnings in Nigeria, while legal battles intensify amid the six-month detention of employee, Tigran Gambaryan.