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Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding


The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is working with central banks, some of whom...

Coinbase and Framework Ventures invest $5 million in Socket!


The prominent digital currency trading platform Coinbase, which also has a division for venture capital, is collaborating with the reputable blockchain company Socket. The primary objective of this partnership is to enhance the cross-chain capabilities of Coinbase’s flagship products, Base...

Genesis Sues Parent Firm DCG Over $600 Million Loan Repayment


Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million. Genesis, which declared bankruptcy in January this year following...

Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?


This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd expressed his belief that in “10-20 years the idea of...

$21 Million in ‘Sleeping Bitcoins’ Awaken After Years of Dormancy 


Despite Bitcoin’s (BTC) price dipping 6.4% this week and hovering below the $26K mark, a flurry of activity was noted between September 5th and 6th as several substantial ‘sleeping bitcoins’ stirred. After a lull of slightly over six years, an individual splurged 359.92...

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