Chimoney, Web3 Fintech, Folds Due to Funding Shortfall
Nigerian-Canadian fintech startup Chimoney has ceased operations, shutting down its cross-border payments business due to an inability to secure sufficient capital. The closure, effective...
Labor Unions Oppose CLARITY Act, Target Crypto Market Bill
Labor unions are intensifying their opposition to the CLARITY Act, a significant piece of crypto market infrastructure legislation. This pushback comes just days before...
African Central Banks Admit Cyber Gaps as AI Threats Rise
African central bank governors have issued a stark warning regarding the continent's financial stability, admitting that current defenses are insufficient against a new generation...
BitForex Founder Jin Moves $526.6M ETH to Binance
An address linked to BitForex founder Garrett Jin has reportedly transferred 225,627 Ether (ETH), valued at approximately $526.59 million, to the Binance exchange. This...
CZ: UAE, Pakistan, Thailand Seek Crypto Policy Advice
Changpeng Zhao, widely known as CZ and the founder of Binance, has revealed that multiple governments are actively seeking his expertise on cryptocurrency regulation...
SIX Group gains Swiss FINMA nod for crypto custody
SIX Group, the operator of Switzerland's and Spain's stock exchanges, has officially received regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA) to...
Ekubo Contract Suffers $1.4M Exploit on EVM Networks
The DeFi protocol Ekubo has fallen victim to a security exploit on its token exchange contract across EVM networks, resulting in an estimated $1.4...
Investigator Exposes imToken and Tokenlon in Scam Laundering Scheme
On-chain investigator ZachXBT has exposed imToken and the decentralized exchange Tokenlon as primary channels for laundering proceeds from romance scams, alleging that the majority...
Bitcoin Reclaims $80K Mark; Analysts See Cautious Upside
Bitcoin has once again breached the significant $80,000 mark, an event not witnessed in nearly three months. The world's largest cryptocurrency briefly surged to...
OPay Taps Wall Street Giants for 4 Billion Dollar IPO
Nigeria-based financial services provider OPay Digital Services Ltd. has initiated plans to enter the United States public equity market. According to reports, the company...