Sats & Gwei | Google searches for ‘Crypto Leverage’ are 2nd highest in Nigeria | Celo Community Approves a Regional DAO in Africa | Silvergate & the USDC debacle | and More

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!

Quick Recap

Nigeria 2nd for the most Search Crypto word !⚖️

A Google analysis of the keyword leveraged trading has listed Nigeria as the second-highest nation worldwide for queries involving cryptocurrency leverage. Singapore is the only other country that exceeded Nigeria on the search index with a score of 100, with Nigeria at 94.  

 

Venom X Iceberg Capital has launched $1 billion Funding📏

Venom, a layer one blockchain serving North Africa and other emerging markets, launches its $1 billion fund for Web 3 startups. In recent months, the African web 3 space has been heralded with news of various blockchain giants launching web 3 startup funds. The alliance formed between Venom Foundation and Iceberg Capital will see a joint investment of $1 billion in a number of web 3 startups. 

 

Self-custody wallet to Broaden Crypto adoption in Africa🦥

The third version of the African Web 3 platform, Cassava Network, which focuses on non-fungible tokens, gaming, and loyalty rewards has just been released. This version integrates with the Noncustodial smart contract wallet UNIPASS, which enables users to use e-mail addresses rather than seed phrases.

 

Six million African Women onboarded into Crypto!

unstoppable women of Web 3 lead an initiative to provide Web 3 metaverse education for six million African women in commemoration of International Women's Day on the 8th of March 2023. The unstoppable Women of Web 3 diversity and Education Group on a mission to level the playing field in web 3, very recently announced its commitment to providing web 3 and metaverse education to 6 million women in Africa over the next five years.

Relevant links

https://news.bitcoin.com/nigerian-crypto-leverage-searches-second-highest-globally-africa-domi

Nates-searches-for-leveraged-trading-products  

 

https://bitcoinke.io/2023/03/venom-ventures-launches-fund-for-web3-startups/ 

 

https://bitcoinke.io/2023/03/introducing-the-celo-africa-dao/ 

 

https://web3africa.news/2023/03/02/news/ftx-in-africa-a-new-initiative-to-recover-former-glory/  

 

https://cointelegraph.com/news/web3-platform-partners-with-self-custody-wallet-to-broaden-crypto-adoption-in-africa  

 

https://www.thisdaylive.com/index.php/2023/03/08/unstoppable-women-of-web3-leads-initiative-to-provide-web3-metaverse-education-for-6-million-african-women/  

 

https://www.africa.com/metaverse-helps-bring-water-to-africa/  

 

https://circle.com/blog/an-update-on-usdc-and-silicon-valley-bank 

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Sats & Gwei is a Bankless Africa podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.

Disclaimer:

None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research. 

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