Technology Mirror

Bitcoin’s Lack of Volatility Affecting Market Stability, Says deVere Group CEO

Bitcoin, previously known for its ‘wild price swings’, is now trading sideways which is both a blessing and a curse…

Fraudsters on Rampage in SA Stealing Huge Money Using Debit Card Credentials

The Ombudsman for Banking Services is South Africa has warned members of the public about the rise in contactless payments…

Traditional Banks Fight Back as Banking-as-a-Platform Market Revenue Grows Rapidly

Global revenue from BaaP (Banking-as-a-Platform) services will increase to $49 billion globally in 2028, from $4 billion in 2023 but…

Consumer Commission Delists Easynaira, Swiftcash, Cashmeh & 15 Digital Money Lenders

The Federal Competition and Consumer Protection Commission (FCCPC) has delisted another 18 Digital Money Lenders (DMLs) for operating without regulatory…

Binance Labs Commits $15m Game Devt Fund into Xterio, Web 3 Platform for Expansion

Binance Labs, the venture capital and incubation arm of Binance has committed $15 million into Xterio, a Web3 game platform…

Ecobank Introduces Foreign Currency Transfer on Mobile & Omnilite Apps

Ecobank has introduced foreign currency transfer into its Ecobank Mobile and Omnilite apps that allows the recipient gets immediate credit…

Cybercriminals Loot Over $600m from Cyberattacks 125 in H1 2023

A new year brings a new wave of cyber incidents for the crypto sphere. According to the analysis by the…

Cybercrooks Fleece America’s Senior Citizens $1bn in Crypto Scams

Last year, the FBI reported that American Senior Citizens lost over $1 billion US dollars to crypto scams. The figure…

Flutterwave Secures Five-Year Microsoft Technology Deal to Enhance Payment Infrastructure

Nigeria-founded Flutterwave has secured a five-year technology agreement with Microsoft, and the fintech is already building its next-generation platform on…

Regulatory Crisis Looms for Fintech Innovation and Healthy Industry

Between 2020 and 2021, the number of tech start-ups in Africa tripled to around 5,200 companies. Just under half of…