The African Crypto
The African Crypto
Kevin PetersRiot Platforms has proposed acquiring Bitfarms at $2.30 per share. This acquisition aims to create the largest publicly listed Bitcoin miner. Riot already holds a 9.25% stake in Bitfarms, making…
Lucca AbrahamGala Games has successfully recovered $23 million in Ethereum (ETH) from a misappropriation incident involving pNetwork. This recovery is part of ongoing efforts to address a breach from November 2022.…
Kevin PetersUniswap Labs, in reply to a Wells Notice from the SEC, asserts that their Protocol should not fall under securities laws as an exchange or broker. They highlight the Protocol’s…
Catherine KarimiThe wave of pro-crypto advancements in recent weeks indicates that President Biden’s administration is softening its stance on crypto. With crypto set to benefit from the bipartisan support in recent…
Kevin PetersA United Nations report obtained by Reuters recently exposed North Korea’s Lazarus Group’s continuous cyber-spying efforts. The report reveals that the group channeled millions of dollars worth of stolen cryptocurrency…
Hannah NjeriGrayscale’s chief executive, Michael Sonnenshein, announced plans to step down on Monday. The CEO’s unexpected departure forced the asset manager to take decisive action to find the right candidate to…
Danny SpellJames Seyffart and Eric Balchunas are exchange-traded fund analysts. Recently, they outlined that they are reassessing the chances of the United States Securities and Exchange Commission (SEC) approving a spot…
Hannah NjeriDOJ has arrested two individuals for money laundering. Authorities accused the suspects of laundering $73 million through American financial institutions. The prosecutors noted that the suspects used creative tactics to…
Nathan MutheeCryptocurrencies are digital currencies secured by cryptography. Unlike traditional fiat money governments issue, cryptocurrencies operate on decentralized networks using blockchain technology. This decentralization enhances security and reduces fraud risk. Before…
Kevin PetersRipple, the blockchain payment solutions provider, announced its expansion into Africa through a partnership with MFS Africa, a leading payments firm operating across 35 countries. The move aims to improve…
