The African Crypto
The African Crypto
Elosy GatumiAvocados are crucial for Kenya’s economy. The fruit is a staple in local diets and a key export. In 2023, the global avocado market was valued at over $15 billion.…
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…
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…
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…
Kevin PetersA Hong Kong businessman, 70, and his 30-year-old son have surrendered to authorities concerning the abduction of a cryptocurrency investor. The pair turned themselves in at Tai Po Police Station,…
Hannah NjeriOn Thursday, May 9th, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) imposed a hefty fine on Binance for violating the country’s laws. The financial regulators demanded that…
Kevin PetersFormer U.S. President Donald Trump declared his support for cryptocurrency late Wednesday. This declaration was made during a gathering at his Mar-a-Lago resort in Palm Beach, Florida, also known as…
Nathan MutheeThe Joe Biden administration recently strongly opposed H.J. Res. 109, a bill to reverse the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) No. 121. This bulletin imposes stringent…
Perpetual G. MungaiThe International Monetary Fund (IMF) has warned about the lax regulatory environment surrounding cryptocurrencies in Africa, highlighting potential risks to financial stability. This concern comes after Kenya, a country with…
