FTX posed as a haven from tumbling currencies and inflation in Africa, where the company recruited users via glitzy events, $5 sign-up bonuses, and giveaways
Alexandra Wexler / Wall Street Journal : Tweets: @gksteinhauser , @sarahnemerson , @peterguest , @counternotions , and @drewhinshaw Tweets: Gabriele Steinhauser / @gksteinhauser : “For my community, ...
Nigeria's eNaira digital currency, launched in October 2021, is used by less than 0.5% of Nigerians, leading the government to add incentives to aid adoption
Bloomberg :
A look at the rise of BNPL services in Nigeria as some doubt the success of local startups amid weak ID verification systems and scant consumer credit records
Abubakar Idris / Rest of World : Tweets: @restofworld and @yinkawrites Tweets: @restofworld : Only 2% of Nigeria's 106 million adults have access to bank credit, and credit cards are also conspicuous...
Some Australians say Domm Holland, CEO of one-click checkout startup Fast, “ripped off” a lot of people before moving to the US and remaking his identity
Bobby Allyn / NPR : Tweets: @npr , @kenwattana , @davidgura , and @bobbyallyn Tweets: @npr : Venture capitalists have lined up in droves, pouring millions into the payments startup known as Fast. Its...
Jack Dorsey's tweet sparks uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity”
Happy Friday Everyone 👋 — SIX things you need to know this week in 60 seconds. Ana Grabundzija / CryptoSlate : Reformed maxi Erik Vorhees joins the burning debate spurred by Jack Dorsey's Web3 rant ...
Jack Dorsey's tweet sparks uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity”
Welcome to the mesha tribe. A biweekly newsletter by Mesha … Suprita Anupam / Inc42 Media : Is Web 3.0 Centralised? Elon Musk, Jack Dorsey Spark A New Debate The Signal : Four day week next year Kevi...
Investigation of Ray Hushpuppi, a Nigerian influencer with a lavish lifestyle, who authorities say mastered business email compromise attacks, netting millions
For Ramon Abbas, the Instagram influencer popularly known as Ray Hushpuppi, @hushpuppi, Hush, or the Billionaire Gucci Master, birthdays were always a time for reflection. Tweets: @bw , @bw , @bw , @d...
As identity fraud schemes plague Facebook, the company seems unable or unwilling to address accounts that use others' photos as their own profile pictures
Renee Holland sent her Facebook friend thousands of dollars. She became entwined in a global fraud that the social network … Tweets: @matthewkeyslive , @jacknicas , @kashhill , @toluogunlesi , @nytim...