An innovation using the cellular network (GSM) could onboard millions of Bitcoin (BTC) users previously unreachable by the internet-dependent Bitcoin protocol. Built by South African developer Kgothatso Ngako, the new SMS-based service is named Machankura, a slang South African word for money. KG, as he’s known to his friends, spoke to Cointelegraph from Pretoria, South Africa, about his fascination with Bitcoin and the hope he has that sending it like a text will bring BTC to millions of Africans. Machankura, the #Bitcoin for feature phones service in Africa, is slowly growing. https://t.co/TZngXXVhu0 — Derek Ross ⚡5️⃣ (@derekmross) August 8, 2022 …

Venezuelan crypto exchange Criptolago has announced that it will launch a text message-based payment system that can process transactions in Venezuela’s oil-backed Petro (PTR) and other cryptocurrencies. The system may expose new segments of Venezuela’s population to cryptocurrencies amid the country’s ongoing hyperinflation crisis — with the value of the Venezuelan bolivar fluctuating by 1.58% in the past 24 hours and roughly 2,500% in 12 months. Criptolago unveils SMS-based crypto transfers In a tweet published on April 6, Criptolago stated that it developed the service in response to a call from the country’s president for financial companies to develop payment …

A company is giving Facebook users a way to securely send and receive crypto through Messenger — all while keeping sensitive information private. Lite.IM says its bot currently supports four cryptocurrencies: Bitcoin, Ethereum, Litecoin and its own native currency, ZTX. The company says it is “driven by a vision of what the world might look like if the founding ideals of the cryptocurrency revolution were actually realized” — a place where anyone can enjoy financial freedom irrespective of their technical skills or the region of the world where they reside. A presence on Facebook Messenger is the latest milestone for …