The African Crypto
The African Crypto
Nathan MutheeCaracas, May 18, 2024—To stabilize its national power supply, Venezuela’s Ministry of Electric Power will disconnect cryptocurrency mining operations from the national electricity grid, known as Sistema Electrico Nacional (SEN).…
Lucca AbrahamYesterday, May 17, Hong Kong launched its first payment system for cross-border transactions using digital yuan, e-CNY. The initiative focuses on easing financial transactions between Hong Kong and the mainland.…
Danny SpellAustralian John Louis Anthony Bigatton has confessed to promoting crypto lending services for a discontinued cryptocurrency exchange, BitConnect. Authorities shut down BitConnect in 2018 after accusing it of defrauding victims of…
Kevin PetersMercedes-Benz NXT and Mojito have partnered to launch the highly awaited Mercedes-Benz NXT Icons Collection: “The Era of Technology.” This collection, divided into seven distinct eras, is a testament to…
Danny SpellOn Thursday, May 16, the United States Senate joined the House of Representatives in seeking to repeal the controversial Securities and Exchange Commission (SEC) crypto policy, Staff Accounting Bulletin No.…
Kevin PetersOn May 15, Chinese law enforcement, the Chengdu Municipal Public Security Bureau, discovered an underground banking operation involving USDT worth nearly $2 billion. Initiated in November 2022 by the Longquanyi…
Nathan MutheeBinance, the world’s leading cryptocurrency exchange, has launched a sophisticated security feature to address poisoning scams. This innovation was prompted by an incident in which a trader suffered a $68…
Danny SpellThe United States Department of Justice (DOJ) charged two brothers, Anton Peraire-Bueno, 24 years old, and James Pepaire-Bueno, 28, for orchestrating an attack on the Ethereum Blockchain. Police arrested Anton…
Kevin PetersBlockTower Capital, a prominent entity in cryptocurrency investment, recently suffered a cybersecurity breach. On May 15, Bloomberg reported that hackers attacked the firm’s primary hedge fund, resulting in a financial…
Lucca AbrahamBlackRock, a top investment management firm, is expanding into Bitcoin. With over $9 trillion in assets under management, BlackRock plans to compete with Grayscale, the largest Bitcoin fund manager. This…
