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Home » Blog » Africa Crypto Week in Review:  Onafriq Taps USDC, Nigeria After 8 Suspects Following CBEX Collapse, Phoenix Group Expands Bitcoin Mining Operations In Ethiopia
Cryptocurrency

Africa Crypto Week in Review:  Onafriq Taps USDC, Nigeria After 8 Suspects Following CBEX Collapse, Phoenix Group Expands Bitcoin Mining Operations In Ethiopia

Sarah Mitchell
Sarah Mitchell
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Contents
Africa Crypto News: Undart is associated with Circle for Continental PaymentsNigeria Crypto News: Nigeria points eight people about Cbex’s collapseEthiopia Cryptographic News: Phoenix Group expands the mining investment of BitcoinAfrica Crypto News: Infartar Adopt the USDC as Cbex Staff of Nigeria Manhunts

Top Africa Crypto News presents an Undterriq adopting the USDC while Nigeria looks for Cbex scammers. In Ethiopia, Phoenix Group, expansion is Bitcoin mining operations.

The last week or April brought several notable cryptography stories from Africa. The AFRICAN PAYMENT SERVICES SUPPLY UNI-RIRIIQ is leveraging USDC to improve cross-border settlements. Meanwhile, Nigeria chases eight people, including four Kenyans, about the collapse of Cbex. In Ethiopia, Phoenix Group, based in the EAU, has assigned additional resources to its mining Bitcoin operations.

Explore the thesis thesis of the continent this week:

Africa Crypto News: Undart is associated with Circle for Continental Payments

The Payment Infrastructure Provider based in South Africa Uniors is couple With USDC Emiser Circle to rationalize cross -border payments of Africa. Its network covers 40 countries, connecting millions of users who, in turn, are empowered to participate in some of the The best presales in 2025.

This association introduces cross -border settlements in the USDC, a stablecoin that combines the efficiency of a digital international payment system with the stability of the world’s de facto reserve currency.

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

The African countries of fragmented payment systems and payment currencies, which leads to bureaucratic international settlements.

This solution based on blockchain sacrifices institutions and individuals a faster and more profitable option. Stablecoins is an cornerstone or a modern cryptography trade, which combines the convenience of digital currencies with the relative stability of national currencies.

Discover: better coin icos to invest today

Nigeria Crypto News: Nigeria points eight people about Cbex’s collapse

The recent collapse of the African Crypto Exchange Cbex continues in the headlines as the investigations are deepened.

Nigeria’s economic and financial crimes commission has launched A human hunt for eight suspects, four Nigerians and four Kenyans, believing that it is behind the failure of the exchange.

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

Cbex Apparars was a fraudulent operation, with its extravagant promises that exceed the yields of the standard financial market.

Fraudulent scams and platforms remain a great challenge in cryptographic space. Crypto enthusiasts The best crypts to buyYou must verify your platforms and remain cautious with the sacrifices that seem too good to be true.

Ethiopia Cryptographic News: Phoenix Group expands the mining investment of Bitcoin

The Eau Phoenix Group mining company has aggregate 50 MW to its mining Bitcoin operations in Ethiopia, increasing its total energy assignment to 130 MW. This expansion solidifies its position as a leading international miner in Bitcoin.

New milestone achieved!
Phoenix Group adds 52MW or Bitcoin mining capacity in Ethiopia, which takes the total of the country to 132MW and our global capacity to more than 500 MW in 5 countries.
90% fed by clean hydroelectric, allowing scalable and sustainable mining.

Disparate حقيق إ re جاز جيد! … pic.twitter.com/re7ss6k9rf

– Phoenix Group (@phoenixgroupuae) April 29, 2025

The abundant hydroelectric energy in Ethiopia allows Phoenix Group to access affordable and environmentally sustainable energy. In particular, the company aims to qualify among the ten main global cryptominization companies, and this investment underlines its commitment to that objective. With more miners, Bitcoin’s hash rate is almost the maximum of all time.

Top Africa Crypto News presents an Undterriq adopting the USDC while Nigeria looks for Cbex scammers. In Ethiopia, Phoenix Group is expanding

(Fountain)

Bitcoin mining in African countries such as Ethiopia and Zambia, which sacrifice wide renewable energy, presents a viable opportunity. These factors allow large miners to explore emerging markets and create beneficial mutual investments throughout the continent.

Discover: 16 Next Crypto to explode in 2025: predictions and analysis of expert cryptocurrencies

Africa Crypto News: Infartar Adopt the USDC as Cbex Staff of Nigeria Manhunts

  • Uni -ririq, an infrastructure provider in South Africa, is a cique partner to boost the adoption of the USDC.
  • Nigeria is after eight suspects, including four Kenyans, after Cbex’s collapse
  • Phoenix Group is adding 50mw as Bitcoin mining duplicates

The Crypto week of the post Africa review: Infart Usdc, Nigeria after 8 suspects after Cbex’s collapse, Phoenix Group expands Bitcoin mining operations in Ethiopia, first appeared in 99Bitcoins.

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