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…
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