A fresh fraud case has been revealed by Midjourney Chainalysis. The scam involves a single organization that operates out of a compound in Myanmar and defrauded people out of over $100 million in less than two years.
The company carried out a…
An upcoming analysis by Chainalysis shows that in 2023, illegitimate addresses transmitted $22.2 billion worth of cryptocurrencies to services—a substantial decline from the $31.5 billion sent in 2022.
A portion of this decline could be linked to a general decline in the…
The biggest exchange in the world, Binance, has launched an in-app Inscriptions Marketplace that allows users to purchase Bitcoin BRC-20 tokens, such as ORDI ($ORDI).
The Binance Inscriptions Marketplace functions as a "one-stop solution" incorporated inside the Binance Web3 Wallet, according to…
According to a recent budget analysis, South Africa is thinking of amending the Financial Intelligence Centre (FIC) Act to require the reporting of all cryptocurrency transactions that surpass 49,999 South African Rand ($2,650).
According to the FIC Act, responsible institutions must notify…
As the local Naira fluctuates, users of the Binance P2P service claim that the government is meddling with the site, making it impossible for them to finish their trades.
On February 20, 2024, the value of the Naira plunged precipitously against the…
Investors in Mirror Trading International (MTI) are reportedly refusing calls from liquidators to reimburse any Bitcoin taken out of the Ponzi scam at the current market value, according to reports from South Africa.
Attorney John Lister of Lister & Company claims, in…
The price of ether shot up to $3,000, the highest it has been in over two years. This rise coincides with conjecture that spot Ethereum exchange-traded funds (ETFs) could be approved in the United States as early as May 2024.
Not long…
The most valuable cryptocurrency, Bitcoin, is now trading at $51,385 and is able to adjust to market fluctuations with a 24-hour volume that is more than $31 billion. Even after a slight decline of 1.34%, its market capitalization remains above $1 trillion.…
The Worldcoin token, WLD, has increased in value by 191% over the past seven days, and as of February 20, 2024, it is trading for $6.8.
It has continued its meteoric rise, rising by an incredible 243% in just the last week.…
Partech Africa II reached its final closing at €280M ($300M+) with all major investors from its predecessor fund as well as top tier investors making their first commitment into the African VC ecosystem and the Partech Africa platform, following a strong first…