OnaFriq adopts Nigeria USDC after a scammer

The best African encryption news is ONAFRIQ, where Nigeria adopts USDC as a CBEX con artist. In Ethiopia, Phoenix Group is expanding its mining work.

In the last week of April, some noteworthy encryption stories came from Africa. Onafriq, an African payment service provider, is strengthening agreements between the borders using USDC. Nigeria, meanwhile, pursues eight individuals, including the Kenyan, as a CBEX collapse. Phoenix Group, based on the UAE in Ethiopia, allocated additional resources to Bitcoin mining.

Let’s look at this headline on the continent this week.

African encryption news: Onafriq is partner with Circle for continental payment

Onafriq, a South African -based payment infrastructure provider partner Use the USDC publisher circle to simplify the border payment throughout Africa. The network spans 40 countries and connects millions of users who can participate in some in turn. The most popular pre -murder in 2025.

This partnership introduces the USDC’s border settlement, a stable stabilization device that combines the efficiency of the digital international payment system with the stability of the world’s virtually preliminary currency.

https://www.youtube.com/watch?v=cfekn0yot8m

African countries often lead to bureaucratic international settlement in the face of fragmented payment systems and calls.

This blockchain -based solution provides faster and more efficient options for institutions and individuals. Stablecoins is the cornerstone of modern encryption transactions, mixing the convenience of digital currency with the relative stability of the national currency.

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Nigerian encryption news: Nigeria aims for eight individuals through the collapse of CBEX.

Recently, the collapse of African encryption exchange CBEX continues to create headlines as the investigation intensifies.

There is a Nigerian economic and financial crime committee. It was released Man Hunt for eight suspects, four Nigerians and four Kenyanin were believed to be behind the failure of the exchange.

https://www.youtube.com/watch?v=cw-dyt-liuw

CBEX appears to be fraudulent, and brilliant promises seem to exceed the standard financial market revenue.

The fraud and fraud platform remain a big challenge in the encryption space. Cryptographic lovers, especially those with some The best encryption to buyYou should check the platform and pay attention to the suggestion that looks so good.

Ethiopian encryption news: Phoenix Group expands its investment in Bitcoin mining.

There is a UAE -based mining company Phoenix Group addition Ethiopia’s Bitcoin mining work increased the total power allocation to 130MW. This expansion strengthens its position as an international best Bitcoin miner.

A new milestone has been achieved!
The Phoenix Group has added a 52MW Bitcoin mining capacity to Ethiopia, raising a total of 132MW and worldwide capacity to 500mF.
90% is driven by clean hydro power, enabling expandable and sustainable mining.

New achievements have been achieved! pic.twitter.com/re7ss6k9rf

Phoenix Group (@phoenixgroupuae) April 29, 2025

Ethiopia’s rich hydro power generation allows the Phoenix Group to access sustainable energy inexpensive and environmentally. In particular, the company aims to select one of the top 10 Global Crypto-Mining companies, which emphasizes the promise of that goal. With more miners, the ratio of Bitcoin hash is almost the highest ever.

(source)

Bitcoin mining in African countries, such as Ethiopia and Zambia, offers sufficient renewable energy and offers executable opportunities. Through these factors, large miners can explore emerging markets and make mutually beneficial investments throughout the continent.

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Dalmas NGETICH

Encryption reporter

Dalmas is a skilled journalist with more than 10 years of encryption, technology and blockchain. His work and his partner’s works were made in the best news media such as Forbes, Investing.com and entrepreneurs. He has a passion for Crypto … Read more