Author: Louis Dike

A recent LinkedIn post by Aram Mughalyan has reignited debate around Sam Bankman-Fried’s investment legacy, arguing that the disgraced FTX founder could have been worth over $100 billion today if his early bet on artificial intelligence company Anthropic had played out uninterrupted. The post has gained traction across crypto and tech circles, presenting a counterfactual scenario: that one of the most controversial figures in crypto may have also made one of the most lucrative venture investments of the decade. But while the premise is compelling, the reality is more complex. The Anthropic Investment: What We Know FTX and its affiliated…

The RAVE token, native to RaveDAO, has suffered one of the most dramatic collapses of 2026, plunging more than 95% within 24 hours and wiping out approximately $6.3 billion in market capitalization. The crash occurred around April 18–19, 2026, following a rapid price surge and subsequent allegations of insider manipulation that triggered a market-wide selloff. From 11,000% Rally to Collapse in Days Before the crash, RAVE experienced an explosive rally: This parabolic rise pushed the token into top-tier rankings, attracting significant retail attention across major exchanges. However, the rally proved unsustainable. Timeline: How the Collapse Unfolded April 18, 2026 —…

A growing controversy surrounding the WLFI token, a crypto project reportedly linked to allies of former U.S. President Donald Trump, has sparked fresh concerns about transparency, decentralization, and investor protection in the crypto industry. The situation escalated after allegations surfaced involving Tron founder Justin Sun, who reportedly invested $75 million into the project before accusing it of freezing his wallet and embedding backdoor controls into its smart contract. What Is the WLFI Token? World Liberty Financial (WLFI) has been marketed as a decentralized crypto initiative tied to political and financial narratives in the United States. However, critics argue that the…

NectarFi, a self-custodial crypto financial platform designed for emerging markets, has raised $170,000 in pre-seed funding to accelerate the development of its unified financial infrastructure and expand globally. The startup officially launched its platform on April 14, 2026, introducing a single application that combines crypto, payments, and investment tools while addressing one of the biggest challenges in global finance: credit invisibility. A Unified Financial Stack for the Crypto Economy NectarFi is building what it describes as an all-in-one financial operating system for crypto users, eliminating the need for multiple fragmented apps. Key features include: The platform is designed to abstract…

Nigerian digital asset platform Busha has launched its services in the UK, marking its first major expansion into a highly regulated global market. The move is powered by a partnership with Uphold, which provides the regulatory and technical infrastructure required to operate in the United Kingdom. Through this integration, UK users can now buy, sell, and hold cryptocurrencies directly via the Busha app, leveraging Uphold’s established on-chain financial infrastructure. A Strategic Shortcut to Regulatory Compliance Entering the UK crypto market presents significant regulatory hurdles, particularly around licensing, compliance, and operational requirements. Rather than building these capabilities from scratch, Busha opted…

The crypto ban in Rwanda has come back into focus after the Central Bank of Rwanda issued a fresh public warning against the use of digital assets. The regulator made it clear that cryptocurrencies are not authorized for payments, currency conversion, or peer-to-peer (P2P) trading involving the Rwandan Franc (FRW). This development raises new concerns for crypto users and platforms operating in the country, especially as global exchanges continue expanding across Africa. Rwanda Declares Crypto Payments Unauthorized In a recent public statement, the central bank emphasized that the Rwandan Franc (FRW) remains the only legal tender in the country. According…

Global cybercrime losses surged to a record $20.8 billion in 2025, marking a 26% increase from the previous year, according to the latest report from the FBI Internet Crime Complaint Center. The report recorded more than 1 million complaints globally, with victims losing an average of $20,699, underscoring the growing financial impact of increasingly sophisticated cyber threats. This milestone reflects a broader global trend where digital fraud is scaling alongside internet adoption and financial digitization. Nigeria and South Africa Among Top Countries for Complaints Africa’s two largest economies, Nigeria and South Africa, were ranked among the top 20 countries globally…

African payments giant Flutterwave has thrown its weight behind Kulipa’s launch, a new infrastructure initiative aimed at enabling stablecoin spending through payment cards. The announcement highlights a critical evolution in crypto utility — moving from holding stablecoins to actually spending them in everyday life. The Big Shift: From Holding to Spending Stablecoins For years, stablecoins have been widely used for: However, a major gap has persisted: real-world usability. Kulipa aims to close that gap by enabling: “Stablecoin balances to be spent anywhere cards are accepted.” This transforms stablecoins from: The Stack Behind Kulipa The infrastructure powering this move is not…

Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has announced the launch of a regulatory pilot focused on Anti-Money Laundering (AML), Counter-Financing of Terrorism (CFT), and Counter-Proliferation Financing (CPF). The initiative targets a select group of Virtual Asset Service Providers (VASPs) and fintech companies operating within Nigeria’s rapidly evolving digital finance ecosystem. This marks one of the most structured attempts yet by regulators to directly engage crypto-related businesses in the country. Who’s Involved in the Pilot? The CBN identified several high-profile players participating in the pilot, including: These companies represent a mix of: This diversity suggests the CBN is…

In this exclusive interview with Coinafrica, Lotachi Anidi shares her journey from engineering to product design and breaks down what’s really driving crypto adoption in Africa. From building Onboard to navigating trust, regulation, and user behavior, she offers a grounded perspective beyond the hype. Q: Who is Lotachi Anidi? Lotachi:Professionally, I’m a designer who has been building in fintech for about six years, mostly working on emerging technologies. I worked at Bamboo and later joined the team building products at Nestcoin, where I led design on Onboard — a product we built and evolved over several years. Personally, I grew…