Crypto’s dark side: How P2P traders navigate daily scams, fraud, and frozen accounts
P2P trading emerged as a crucial alternative for Nigeria's crypto market after government restrictions on bank transactions in 2021. Scammers are exploiting the anonymity of cryptocurrency to launder stolen funds, turning P2P platforms into battlegrounds for traders.
Seychelles, South Africa rule Africa’s blockchain roost with 95% of funding
Seychelles and South Africa accounted for 95% of venture funding in the blockchain industry in Africa in 2023. Seychelles blockchain startups raised $100 million from six deals while South African startups raised $29 million from 4 deals.
