Author: Louis Dike

Louis Dike

Louis Dike is the Publisher of Coinafrica, leveraging years of experience driving growth for global exchanges like Bybit, Bitget, and VTrader across Africa. A former Binance Tutor, he now channels his expertise into clear, insightful reporting that amplifies Africa’s voice in the global Web3 economy.

The Bitcoin 2026 Conference in Las Vegas—one of the largest crypto gatherings globally—has ignited a heated debate across the industry, as critics argue the event reflects a growing shift away from Bitcoin’s decentralized roots toward institutional and political influence. The controversy gained traction following a widely circulated LinkedIn post by venture capitalist Carmelo Giuliano, who described the conference as a “departure” from Bitcoin’s original ethos. His critique mirrors a broader backlash emerging across crypto communities, where participants are increasingly questioning who controls the narrative of the industry. From Cypherpunk Ideals to Institutional Stage The conference, held from April 27–29 at…

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The U.S. Federal Reserve has kept interest rates unchanged at 3.5% to 3.75%, marking the final policy meeting led by outgoing Fed Chair Jerome Powell. The decision reflects a cautious stance as policymakers continue to weigh persistent inflation risks against slowing economic momentum and global uncertainty. A Defining Moment in Jerome Powell’s Tenure Jerome Powell’s tenure as Federal Reserve Chair comes to a close at a time of delicate economic balance. During his leadership, the Federal Reserve navigated: Holding rates steady in his final meeting underscores the Fed’s current position: cautious, data-driven, and uncertain about the next move. Why the…

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South Africa is considering new draft regulations that would require residents to declare certain categories of financial assets, including crypto holdings, as part of broader efforts to strengthen financial transparency and monitor capital flows. The proposal, currently under policy discussion, places crypto assets alongside traditional stores of value such as gold and foreign currency, marking another step in the country’s evolving regulatory approach to digital assets. Crypto Classified Alongside Traditional Financial Assets Under the proposed framework, individuals may be required to disclose: The inclusion of crypto in this category signals a shift in how regulators view digital assets—not as fringe…

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Nigeria’s Web3 ecosystem recorded a significant rebound in 2025, with startups raising $43 million in funding, more than double the $20 million raised in 2024, according to the Nigeria Web3 Landscape Report by Hashed Emergent.  The surge signals renewed investor confidence and highlights a broader shift in the country’s crypto market—from speculative trading toward utility-driven financial applications. Stablecoins Dominate Investment Flow Funding in 2025 was heavily concentrated in financial use cases: This concentration reflects the growing role of stablecoins as practical financial infrastructure, rather than speculative assets. Nigeria has emerged as a global stablecoin hub, with deposits growing more than…

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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…

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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 —…

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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…

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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…

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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…

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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…

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