Bitcoin News Today TheBitTimes.com

As part of the acquisition, Qala rebrands as the ₿trust Builders Programme and aims to drive the development and education across the Global South. ₿ trust , a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition. The non-profit has acquired Qala, an organization dedicated to training Bitcoin and Lightning engineers in Africa. The acquisition will help ₿Trust succeed on its mission to drive the development and education of Bitcoin open-source engineers from across the Global South, the organization said in a joint announcement. As part of the transaction — which was completed on Sept. 1 — Qala will rebrand as the ₿trust Builders Programme. Founded in 2021, Qala has been engaged with sourcing, training and matching African software developers with global Bitcoin firms, helping them obtain the most relevant skills in the global Bitcoin ecosystem. A rebranding notice on Qala’s web...

Tanzania gets a local crypto exchange to provide fiat off-ramp for crypto donations. While social giving is seen as a key element in supporting the international development agenda, managing donations requires end-to-end clarity on the movement of funds. In its current state, donation management lacks reliable traceability features, making it difficult for donors to understand how their contributions are being used. The lack of transparency, coupled with the inefficient bureaucratic processes of cross-border fund transfers, creates a barrier that discourages potential donors from reaching out to regions in need. Blockchain offers a dependable solution to the struggles encored by the social giving landscape. Because every transaction made on a blockchain is publicly traceable, donors can easily track where their donations end up. However, even with a reliable blockchain that provides transparency along the social giving process, there’s still a missing link in ensuring the recipient ge...