The cryptocurrency realm is no stranger to volatility, but amid the ever-shifting landscape, Block, the innovative payment technology company previously known as Square, has emerged as a steadfast player. Riding on the wings of its mobile application, Cash App, Block has revealed…
WASHINGTON, Aug 3 (Reuters) - The U.S. Securities and Exchange Commission on Thursday said it had obtained emergency relief to halt Utah-based Digital Licensing Inc’s crypto asset fraud scheme involving 18 defendants.
The SEC obtained a temporary asset freeze, restraining order, and…
JOHANNESBURG, Aug 4 (Reuters) - The South African rand rebounded against the dollar on Friday after the U.S. currency fell on employment data.
At 1501 GMT, the rand traded at 18.4300 against the dollar , nearly 1.4% above its previous close. It…
Kenya on Wednesday suspended the Worldcoin crypto project that relies on an eye scan to verify a user’s identity, citing concerns about data protection.
Worldcoin, set up by OpenAI chief executive Sam Altman, began operating in June in Germany and provides users…
We examine fluctuations in crypto markets and their relationships to global equity markets and US monetary policy. We identify a single price component—which we label the “crypto factor”—that explains 80% of variation in crypto prices, and show that its increasing correlation with…
The volume and value of transactions involving the CBDC have been relatively constrained. While the eNaira experienced a recent surge in usage due to cash shortages, the majority of wallets (98.5%) remain inactive
According to the Acting Governor of…
According to the company, these subsidiaries will be dedicated to supporting both seed-stage and growth-stage startups. The new subsidiaries are not intended to replace Spark Fund, which was launched eight years ago.
safaricom, the leading telecommunications company in Kenya, says it will…
In June 2023, Deloitte, a leading audit firm, released a groundbreaking research report on the use of cryptocurrency in business. The research highlighted the benefits of adopting digital currencies by businesses and its possible impact on different business operations. This article takes into…
The first half of 2023 has been a dynamic period for the cryptocurrency market, marked by both challenges and noteworthy achievements. In a comprehensive report, Binance delves into various aspects of the crypto industry during this time, analyzing the performance of major cryptocurrencies,…
South Africa which ranked a distant second had an 8.36% interest in cryptocurrencies
Nigeria accounted for “the highest level of crypto interest” in Africa, with a share of 66.8%. This is according to the most recent Coingecko Africa crypto report, The West…