According to Bitcoin.com, the cryptocurrency trading application Vibra, which focuses on Africa, has been suspended in Ghana, Kenya, and Nigeria. However, Vincent Li, co-founder of the Africa Blockchain Lab (the organization behind the application), insisted that the measure only affects users in Nigeria. He also added that the suspension will be temporary.
A report from Techcabal on October 18 cited messages from current and former employees who confirmed that the application has been suspended in all African markets. These anonymous employees revealed that they have been asked to resign or have been fired. Another former employee said that Vibra has not generated enough revenue yet.
A former employee who wished to remain anonymous said, "The company may also close because they cannot figure out how to get the corresponding revenue from the user education we are conducting."
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