The African Crypto
The African Crypto
Kevin PetersThe cryptocurrency market’s popularity has been on the rise. This growing interest has attracted not just investors but also hackers. Recently, several celebrities have fallen victim to these cyber-attacks. American…
Kevin PetersDBS Group Holdings, Singapore’s largest bank, has partnered with Paxos Trust, a US-based cryptocurrency issuer. This collaboration marks the first time DBS will provide custody for stablecoin reserves and offer…
Kevin PetersShytoshi Kusama, the leader of Shiba Inu, suggested significant developments through two tweets. These messages interested the Shiba Inu community. Kusama mentioned the IVS2024 event in Kyoto, Japan. This is…
Kevin PetersSouth Korea’s 20 crypto exchanges, along with their representative body, have created a new code of conduct for local cryptocurrency firms. This move will reevaluate over 1,300 cryptocurrencies currently traded…
Kevin PetersThe U.S. Treasury Department has introduced new tax rules for crypto brokers. These rules will apply to transactions starting next year and aim to set tax filing requirements for digital…
Kevin PetersRecent reports from Kaiko, a cryptocurrency research firm, indicate a significant decline in Bitcoin’s weekend trading volume. This year, the proportion of Bitcoin traded over weekends has fallen to an…
Kevin PetersAsset manager 21Shares has applied for a spot in Solana exchange-traded fund (ETF). This marks the second such application from a major firm this week. The 21Shares Core Solana ETF…
Kevin PetersFTX, the cryptocurrency exchange that collapsed in November 2022, is preparing for a possible relaunch. This news has drawn attention from the crypto community, with many talking about the revival…
Kevin PetersSince May 2024, the cryptocurrency industry has raised over $100 billion for startups. Data from DefiLlama shows that by June 16, 2024, total funding reached $101.35 billion. The initial recorded…
Kevin PetersLinea, an Ethereum layer-2 blockchain, stopped block production after a hack on Velocore, a decentralized exchange on its network. The hack led to the movement of 700 ETH, worth over…
