In order to launch a first-of-its-kind airtime trading marketplace across Tanda’s network of 40,000 agents, Fonbnk, the web3 on-ramp that enables Africans to easily obtain cryptocurrency assets by exchanging their airtime credits, partnered with Tanda, a Kenyan independent agent and merchant network platform. In accordance with the agreement, Tanda representatives and sellers in East Africa…
BadgerDAO, a DeFi protocol, has been the victim of a large hack. The protocol’s users were robbed of $120.3 million, according to security researchers PeckShield. BadgerDAO is a DeFi protocol aimed at increasing bitcoin yield. The idea is to wrap your bitcoin and transfer it to a smart contract platform like Ethereum, which you can…
Decentralised Finance (DeFi) doesn’t only take power away from traditional governmental institutions and corporations, it also may provide an opportunity for underrepresented groups to break away from the restrictions placed on them by the world’s traditional trade and power systems. The term, DeFi, was coined in a Telegram group by a community of software developers…