BestChange is putting Nigeria’s crypto exchange rates side by side as the country’s growing use of Bitcoin and stablecoins creates a bigger need for users to compare how much they will actually receive when converting between naira and digital assets. Nigeria has become one of the largest cryptocurrency markets in Sub-Saharan Africa. Between July 2024
Kora has launched One Rail, a new payment infrastructure layer that allows African merchants to integrate stablecoins into their existing payment systems, as the fintech expands beyond traditional fiat transactions to address cross-border settlement and liquidity challenges. The platform enables businesses to collect, hold, convert and settle stablecoins alongside conventional currencies through Kora’s existing APIs
Bitget Wallet has integrated with the Arc blockchain at its mainnet launch, connecting its 100 million users to a network designed for stablecoin payments, foreign exchange and capital markets. The integration gives users access to Arc through Bitget Wallet’s consumer app, including onchain token swaps and cross chain transfers. The wallet’s enterprise API platform, Bitget
XBase’s $7.4 million court case in Dubai is drawing attention to a less visible risk in cross-border crypto transactions: the difference between being licensed to provide a digital asset service and understanding exactly which legal entity stands behind a transaction. According to a report by Takyon.Law, Omer Ben Matityahu had “filed for enforcement of a
BestChange is expanding its focus on Nigeria’s crypto market by bringing exchange offers for naira and digital assets into a single comparison platform, as growing crypto activity creates a bigger need for transparent price discovery. Nigeria recorded more than $92.1 billion in on chain crypto activity between July 2024 and June 2025, according to Chainalysis,
Lisk’s decision to shut down its blockchain network on October 31 is creating a new gap in Africa’s Web3 funding ecosystem, ending one of the relatively few programmes that actively backed early stage blockchain founders across the continent. The Swiss based Web3 infrastructure company announced in August that it would wind down its blockchain and
BitMEX, the crypto derivatives exchange that helped popularise perpetual futures, has officially shut down trading and deposits after 11 years of operations, bringing an end to one of the most influential chapters in the development of crypto derivatives. The exchange stopped trading, deposits and new position openings at 04:00 UTC on Tuesday, according to a
Nigerian crypto to naira platform Dtunes has rebranded as Swapto, as the company moves beyond crypto cash outs and begins building towards a broader multi currency financial platform for individuals and businesses. The company said the rebrand reflects a shift in its proposition from simply converting crypto into naira to giving users more control over
HyperFX has been added to Monierate, bringing the blockchain based foreign exchange settlement platform into a rate comparison network tracking more than 90 providers across Nigeria’s increasingly digital FX market. Developed by blockchain infrastructure company Polytope Labs, HyperFX focuses on FX settlement using stablecoin based infrastructure, while Monierate aggregates exchange rates from different providers to
Africa’s largest IPO is now accepting subscriptions through stablecoins on the Solana blockchain, highlighting another potential use case for digital assets in African capital markets. The development puts stablecoins closer to a traditional capital raising process, allowing prospective participants to subscribe to the IPO using digital assets rather than relying solely on conventional payment channels.