news Archives - Page 39 of 42 - Cryptotimes Africa

Israel reportedly confiscates $1.7m worth of crypto belonging to Iranian Military and Hezbollah

by Dekunle Crypto June 30, 2023

The Israeli Defense Ministry reported that the Israeli government has seized millions of dollars in digital funds belonging to two Iranian-backed groups: the Iranian military and the Hezbollah militant group. This ploy pulled by the Israeli intelligence agencies is targeted at rattling…

uncategorized

Launch of a Developer Toolkit for L2 Blockchains by Optimism

by Ridwan Ridwan June 29, 2023

The Layer 2 scaling solution for Ethereum apps known as Optimism is now referred to as OP Mainnet. This rebranding is viewed as a tactical choice that supports the project's objective of creating a "superchain" network made up of numerous Layer 2…

Bitcoin Coins News

Triple-A data says 22 million Nigerians own crypto

by Dekunle Crypto June 29, 2023

The younger generation in Nigeria is particularly enamored with cryptocurrency. That is old news already. There is no doubting that the emerging blockchain technology in Nigeria is viewed as a liberating tool for financial freedom. However, it is challenging to accept some…

Coins

Shiba Inu Raises Red Flags 🚩

by Crypto Oracle June 29, 2023

Shiba Inu (SHIB) has suddenly seen a surge of questions about its transaction volume. Specifically, the transactions involving amounts exceeding $100,000 in Shiba Inu (SHIB) have dropped more than half. Out of 100 such transactions, only 33 are happening. This situation involving…

Industry

KuCoin to introduce mandatory KYC, ending deposits for non-verified users

by Crypto Oracle June 29, 2023

Existing users must complete a KYC check to add funds to their account, while new users must complete a check to access KuCoin's features at all. Crypto exchange KuCoin announced on June 28 that it will soon implement mandatory know-your-customer (KYC) checks for its users, a…

Coins

Stellar spikes 12% to hit 70-day high, outperforming top 100 coins

by Crypto Oracle June 29, 2023

Stellar's strong price performance sees it lead the top 100 coins. Stellar (XLM) led the top 100 coins going into June 28, holding on to 9% gains over the last 24 hours as of press time. The chart below shows the price…

Industry

Which African nation is leading Crypto?

by Crypto Oracle June 28, 2023

As a continent with 54 countries, there is natural interest to see which country will have the most cryptocurrency users per population and become the crypto King For this discussion, a crypto King is a country which positions itself as a primary…

Coins Industry

African Countries Embrace Crypto as Catalyst for Economic Growth and Financial Inclusion

by Crypto Oracle June 28, 2023

In recent years, African countries have witnessed a remarkable surge in the adoption of cryptocurrencies, signaling a transformative shift in the continent's financial landscape. This trend reflects a growing recognition of the potential benefits that digital currencies can bring to Africa's economy…

Bitcoin News

Crypto zakat picks up speed with new service in Malaysia.

by Dekunle Crypto June 28, 2023

KUALA LUMPUR - Last Ramadan, Adam Mashrique had few alternatives when he set out to make a portion of his zakat donation in bitcoin for the first time.The Kuala Lumpur-based blockchain engineer observed that more organizations were opening cryptocurrency accounts, but that…

Bitcoin News

21 year old man sentenced to 18 months in prison for bitcoin ‘scam in Morocco

by Dekunle Crypto June 27, 2023

A 21-year-old Frenchman, Thomas Clausi, was convicted Thursday in Morocco of "fraud" and illegal use of cryptocurrency and sentenced to 18 months in prison. He was also slapped with a fine of about 3.4 million euros. Clausi, who has been behind bars…