The collapse of the once-beloved cryptocurrency exchange, FTX, is having an impact on some fintech companies in Africa. <\/p>\n
Days after FTX https:\/\/www.financemagnates.com\/cryptocurrency\/troubled-ftx-files-for-bankruptcy-as-ceo-bankman-fried-resigns\/”<\/a>>filed for Chapter 11 bankruptcy<\/a> 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… The collapse of the once-beloved cryptocurrency exchange, FTX, is having an impact on some fintech<\/p>\n","protected":false},"author":1,"featured_media":31279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-31278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa"],"featured_image_urls":{"full":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms.jpeg",900,500,false],"thumbnail":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms-150x150.jpeg",150,150,true],"medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms-300x167.jpeg",300,167,true],"medium_large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms-768x427.jpeg",640,356,true],"large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms.jpeg",640,356,false],"1536x1536":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms.jpeg",900,500,false],"2048x2048":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms.jpeg",900,500,false],"chromenews-featured":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms.jpeg",900,500,false],"chromenews-large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms-825x500.jpeg",825,500,true],"chromenews-medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/01\/31278-ftxs-collapse-troubles-african-fintech-firms-590x410.jpeg",590,410,true]},"author_info":{"display_name":"Jonathan Jeriah","author_link":"https:\/\/dailytalks.org\/?author=1"},"category_info":"Africa<\/a>","tag_info":"Africa","comment_count":"0","_links":{"self":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/31278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31278"}],"version-history":[{"count":0,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/31278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/media\/31279"}],"wp:attachment":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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