Africa being the second largest continent in the world with over 1.4 billion inhabitants according to Worldometer boasts a truly diverse and developing economy. Since the inception of Bitcoin and Blockchain technology as far back as 2009 the search for Bitcoin, Blockchain, and cryptocurrency according to google trends analytics keeps growing in Africa. In the…
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Nansen data shows the majority of ETH withdrawals in the most recent round were re-staked. Ethereum staking withdrawals are on their third “round,” but ETH staking deposits have nearly matched them. Keynote Ethereum staking withdrawals increased for the third time on April 24 and 25. Kraken, a cryptocurrency exchange, was responsible for the majority of…
Coinbase sues the SEC for failure to provide regulatory clarity on crypto. In July 2022, the crypto exchange filed a petition in federal court, demanding that the US Securities and Exchange Commission (SEC) respond to their petition. Fast facts Coinbase filed a lawsuit against the Securities and Exchange Commission (SEC) late Monday, requesting that a…
Russia is Launching a new system for cross-border payments. The country’s new alternative approach will have no restriction on the use of digital currencies. Keynote Russia is introducing a new alternative cross-border payment system with no restrictions on the usage of digital currencies, the Russian state-owned TASS news agency quoted Finance Minister Anton Siluanov as…
KuCoin’s Twitter account was hacked, and the exchange promises to reimburse victims. The malicious breach lasted approximately 45 minutes in the early hours of April 24, causing victims to lose $22,628. Keynotes KuCoin, a renowned cryptocurrency exchange, claimed in a Twitter thread that an unknown hacker provided a false giveaway link, supported by a phishing…
Lending and Borrowing Protocol Ordinals Finance conducted a $1 million rug pull, blockchain security firm CertiK reported. Following the disclosure of the suspected exit scam, the DeFi protocol appears to have erased its social media presence. Keynote Ordinals Finance, an Ethereum-based decentralized finance (DeFi) platform that allows users to undertake lending and borrowing services, has…
Taylor Swift avoided FTX’s $5 billion lawsuit. The Pop superstar was almost one of the 11 celebrities currently embroiled in a pricey class action lawsuit against Sam Bankman-Fried’s FTX—but she inquired whether she would be promoting unregistered securities. Fast facts Taylor Swift, a well-known singer-songwriter who has received 12 Grammy nominations, is said to have…
Trust wallet was exploited for $170k, affected users will be reimbursed. The wallet disclosed a WebAssembly (WASM) vulnerability in its open-source library, Wallet Core, which affected some users. Fast facts Trust Wallet, a popular Binance-owned cryptocurrency wallet, has disclosed a WebAssembly (WASM) vulnerability in its open-source module, Wallet Core, which affected some users. According to…
Unchained Capital, a Bitcoin financial services company, raises $60 million. The Unchained Capital funding (Series B fundraising) comes approximately five months after the company reduced 15% of its workforce due to the pressures of the protracted crypto bear market. Keynotes In a news release issued on Tuesday, Unchained, a firm that offers financial services to…