FTX’s Collapse Troubles African Fintech Firms
The collapse of the once-beloved cryptocurrency exchange, FTX, is having an impact on some fintech companies in Africa.
Days after FTX https://www.financemagnates.com/cryptocurrency/troubled-ftx-files-for-bankruptcy-as-ceo-bankman-fried-resigns/”>filed for Chapter 11 bankruptcy protection in the United States, Nestcoin, a Nigerian web3 startup announced that it was laying off some of its employees as the firm held its assets (cash and stablecoins) on FTX…
Read More
Be the first to write a comment.