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Weekly News Roundup: Luno Eyes Ghana and Kenya, Waya Money Adds Ripple

Weekly News Roundup: Luno Eyes Ghana and Kenya, Waya Money Adds Ripple
In Bitcoin Africa’s Weekly News Roundup , we look at the most trending blockchain and cryptocurrency stories from Africa this week.
Here are our top picks!
Luno Eyes Ghana and Kenya
In our last weekly update, we mentioned that Luno had finally crossed the 4 million users milestone. The popular exchange achieved this with most users coming from Africa.
In an attempt to maximize this growth and improve services offered on the continent, Luno’s General Manager for Africa, Marius Reitz, told Bloomberg  that the next target is Kenya and Ghana.
“It’s markets we have a keen interest in, and Ghana and Kenya are high on our list,” he stated.
Luno also released a breakdown of its user base to local media during the week.

South Africa – 75%
Nigeria – 15%
Malaysia – 6%
Europe – 3%
Uganda – Less than 1%
Zambia – Less than 1%

Ghana and Kenya are number 2 and number 3, respectively, on the list of sources of P2P volume from Sub-Saharan Africa.
A big exchange like Luno could eat considerably into the P2P market share of P2P exchanges and other well-established brokers.
Waya Money Adds Ripple to Blockchain Partnerships
Waya Money is a Ghanaian fintech firm that intends to build a better payment solution for money transfers in Africa.
The firm has been building a portfolio of blockchain partnerships to further this goal. So far, Waya Money has partnered with Stellar, BitPesa, and Mojaloop, and now Ripple.
Ghana, Nigeria, and Kenya are the countries where Waya currently operates. However, the platform plans to expand to other parts of the continent, including South Africa, the Ivory Coast, and Rwanda.
Waya Money joins companies like Xago in South Africa, who are using the Ripple network to facilitate payment transactions.
Did Satoshi Return Or Not?
Bitcoin recorded a dramatic loss in space of two days after an account holding untouched funds from 2009 moved funds to an exchange. Wild speculations started flying that the account belonged to anonymous bitcoin creator Satoshi Nakamoto.
These speculations fuelled a sell-off out of panic based on speculation with very little proof. Some industry experts dispute this speculation, with a site dedicated to Satoshi’s mined coins and transactions , showing that no funds had been moved.
Jimmy Song, a reputable bitcoin developer, and educator, also published a break down on how it is unlikely that Satoshi moved his funds.
At the time of writing, Bitcoin is trading at $9,150, representing a 4 percent loss in the last 7 days.
The post Weekly News Roundup: Luno Eyes Ghana and Kenya, Waya Money Adds Ripple appeared first on . shares this Contents always with License.

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