Ethiopia News

As the halving approaches, Bitcoin mining firms are strategically relocating their operations to regions with lower electricity costs (i.e., Ethiopia, Nigeria).

According to a press conference on Saturday, June 4th, 2022, Octagon will convert its whole balance sheet into Bitcoin. The Ethiopia-based cybersecurity firm became the first cybersecurity company to change its liquid assets and balance sheet into Bitcoin. To compound…

Amidst the growing inflation rate and the constantly depleting value of its foreign reserves, due to the US Federal Reserve’s endless dollar printing, Ethiopia may be the next sovereign state to integrate bitcoin (BTC) into its economy, in order to…

Forbes reported that Ethereum and Cardano co-founder, Charles Hoskinson, has announced the launch of an enterprise blockchain framework in collaboration with the government of Ethiopia. Financial Services for Africa’s Unbanked Charles Hoskinson is launching “Atala,” an enterprise blockchain framework that aims…

Announced on May 3, IOHK has signed a memorandum of understanding (MOU) with Ethiopian government to onboard local developers to leverage Cardano’s blockchain platform and develop the AgriTech sector. Ethiopia is Fertile Land for Blockchain Tech The world’s most populous…