Latest News on Africa Crypto Daily
Welcome to the News hub of Africa Crypto Daily. Here you’ll find the freshest stories that matter to the African crypto community and beyond. We keep things short, clear, and useful – no fluff, just the facts you need to stay informed.
Top Stories You Shouldn't Miss
One headline that’s making waves is the lawsuit filed by Detroit rapper Dank DeMoss against Lyft. The claim says a Lyft driver refused a ride because of the rapper’s weight, sparking a debate about weight discrimination in ride‑sharing services. While not a crypto story, the case highlights how tech platforms can face legal challenges that affect everyday users.
In Kenya, a police officer is questioning the way Gen Z protesters are recording demonstrations. The officer argues that selective filming could bias public opinion, especially ahead of the big protest planned for Jomo Kenyatta International Airport on July 23, 2024. The protests are tied to tax hikes in the Finance Bill 2024, and social media footage is already shaping the narrative.
Crypto‑Focused Headlines
Our primary focus stays on crypto, so here are the latest market moves across the continent. Bitcoin’s price slipped 2% yesterday after a dip in global markets, while South Africa’s ZAR‑based exchange “Luno” announced a new staking product for Bitcoin and Ethereum. The product aims to give everyday investors a way to earn passive income without the complexity of running a validator.
In Nigeria, the Central Bank’s recent digital currency pilot is gaining traction. Over 10,000 users have signed up for the e‑naira trial, and early data shows faster transaction times compared to traditional banking apps. This could be a game‑changer for merchants who struggle with high fees on cross‑border payments.
Meanwhile, Kenya’s blockchain startup “BitMali” secured a $3 million seed round to expand its remittance platform. The platform leverages smart contracts to cut fees for sending money from Kenya to East African neighbors. If successful, it could lower the cost of family support by up to 40%.
We also keep an eye on regulation. South Africa’s Financial Sector Conduct Authority (FSCA) released a draft framework that would require crypto exchanges to register and follow AML rules. The draft has drawn mixed reactions: some say it protects investors, while others fear it could stifle innovation.
So whether you’re looking for the latest courtroom drama, a protest update, or a deep dive into crypto trends, this page has you covered. Come back often – we update the feed multiple times a day to make sure you never miss a beat.
Detroit Rapper's Lawsuit Against Lyft Uncovers Weight Discrimination in Ride-Sharing
Detroit rapper Dank DeMoss, also known as Dajua Blanding, has taken legal action against Lyft after a driver allegedly denied her a ride due to her weight. The incident unfolded when the driver suggested his car couldn't accommodate her, leading to allegations of weight discrimination. Blanding's attorneys argue this violates Michigan law, igniting a broader conversation about weight bias in public services.
Kenyan Police Officer Questions Gen Z's Protest Footage Ahead of Large-Scale JKIA Demonstrations
A Kenyan police officer has raised concerns about the use of cameras by Generation Z protesters, suggesting selective filming of police actions. This comes as major demonstrations are planned to occupy Nairobi’s Jomo Kenyatta International Airport on July 23, 2024, following proposed tax hikes under the Finance Bill 2024. The digital realm, particularly social media, has played a key role in documenting these protests.