How Rich Are Crypto Startups? | Interview w/ Quidax Marketing Lead | Techpoint Africa Podcast Ep 116



Today on the #TechpointAfricaPodcast, we discussed the intricacies of the blockchain business and cryptocurrency’s development and progress in Africa and Nigeria.

Joining us in the studio was Ezekiel Ojewunmi, Marketing and Communications Lead, Quidax, giving insights into the reasons for the current downturn in the crypto market.

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Timestamps

0:00 – Introduction
01:38 – Meet today’s guest, Ezekiel Ojewunmi, Marketing and Communications Lead, Quidax
04:00 – How Quidax is holding up in the midst of layoffs
06:55 – Why the crypto and stock markets are crashing simultaneously
10:35 – Building blockchain infrastructure in Africa
15:15 – The evolution of crypto and crypto companies
21:10 – Can blockchain solve Lagos’ traffic problems?
24:30 – Navigating “hostile” regulations
27:24 – How the crypto ban affected Quidax
29:45 – Building a global Quidax
31:08 – Dialoguing with regulators
32:59 – Reacting to the new SEC guidelines
36:07 – CBN’s crypto ban might be competing with the SEC guidelines
38:44 – How to identify crypto scams
46:56 – Sponsoring Big Brother Naija

Useful links

Coinbase to cut workforce by 18% amid wide crypto sell-off – https://www.cbsnews.com/news/coinbase-layoffs-cryptocurrency-sell-off-brian-armstrong/

Crypto Layoffs: OpenSea, Blockchain.com, Coinbase, Gemini Among Firms Forced to Make Mass Job Cuts – https://www.coindesk.com/business/2022/07/21/crypto-layoffs-opensea-blockchaincom-coinbase-gemini-among-firms-forced-to-make-mass-job-cuts/

Cryptocurrency Lender BlockFi Set To Cut Staff by a Fifth – https://blockworks.co/cryptocurrency-lender-blockfi-set-to-cut-staff-by-a-fifth/

Bitcoin Believers Are Back to Watching Stocks After Crypto Crash – https://www.bloomberg.com/news/articles/2022-08-07/bitcoin-believers-are-back-to-watching-stocks-after-crypto-crash

There’s more to crypto than buying low and selling high – https://techpoint.africa/2022/01/28/crypto-beyond-trading-build-2021

Reviewing CBN’s reasons for restricting cryptocurrency in Nigeria – https://techpoint.africa/2021/02/07/why-cbn-restrict-cryptocurrency

Nigerian Senate offers possible lifeline for crypto, invites SEC and CBN for a briefing – https://techpoint.africa/2021/02/11/nigerian-senate-lifeline-crypto

How cryptotraders are handling CBN’s crypto ban and bank account closure – https://techpoint.africa/2021/02/11/cryptotraders-crypto-ban-bank-closure

Nigeria’s SEC pauses crypto regulation plans, confirms intent to regulate Investment-tech – https://techpoint.africa/2022/05/18/sec-crypto-regulations

SEC regulations: Nigeria Crypto exchange CEOs to retire after 10 years – https://techpoint.africa/2022/05/18/sec-crypto-regulations

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