Kenya is set to become the first African country to launch its own cryptocurrency, the KenCoin, which will be backed by the country’s natural resources and human capital. The KenCoin will be a digital currency that will operate on a blockchain platform, allowing for fast, secure, and transparent transactions. It will be pegged to the […]
A youthful Kenya legislator has filed a complaint with the police after he was conned KShs 36 million through fake cash Bitcoin. The vocal first term MP from Murang’a County is said to have paid KShs 36 million to acquire 9 coins each valued at 10 cent Bitcoin towards the end of 2020. This would […]
Elon Musk has finally revealed why he changed his online identity from Satoshi Nakamoto to Elon Musk, years after the world ran out of speculation. In an Interview, Elon Musk said that he used to prefer the name Satoshi Nakamoto online in order to hide his South African identity while changing the world. “It is […]
The Central Bank of Kenya has announced an ambitious plan to switch to Bitcoin as a blanket move to solve thousands of problems facing the country. Noting that systemic fiscal and monetary challenges had made it hard for Kenya to develop, Central Bank Governor Patrick Njoroge said that using Bitcoin would help cushion Kenya from […]
