Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen

Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen

Post Views: 248 A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing merchant services as per claims, but is instead involved in money laundering activities. …

Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users

Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users

Post Views: 385 2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current situation of the market in an email directed to customers. In addition, the platform erased its presence…

Bitcoin, Ethereum Technical Analysis: BTC Surges Above $22,000 Ahead of NFP Report

Bitcoin, Ethereum Technical Analysis: BTC Surges Above $22,000 Ahead of NFP Report

Post Views: 276 Ahead of the latest nonfarm payrolls report, bitcoin rose to a multi-week high above $22,000 on Friday. The token climbed to its highest level in over three weeks, whilst ETH also rallied, rising above $1,200 for the first time in nearly two weeks. BTC rallied to a three-week high on Friday,…

Former Tiktok Gaming Boss Launches Metao, a ‘Blockchain Agnostic’ Gaming Company

Former Tiktok Gaming Boss Launches Metao, a ‘Blockchain Agnostic’ Gaming Company

Post Views: 210 Jason Fung, former head of gaming at Tiktok, the video-based social media, is launching a blockchain-based gaming startup. The company, called Metao, will focus on providing “blockchain-agnostic” solutions that will allow Web3 game creators to expand their reach and not be limited to just a chain and an ecosystem tied to a…

Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’

Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’

Post Views: 245 Changpeng Zhao, the CEO of cryptocurrency exchange Binance, tweeted that he recently held meetings with the presidents of Senegal and Ivory Coast. The meetings are part of his initiative which is aimed at driving up the adoption of cryptocurrency in Africa and beyond. In Sénégal, meeting HE Mr President, Central Bank, and…

Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’

Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’

Post Views: 246 On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending firm Celsius. According to 0xb1, otherwise known as Jason Stone, his team found “major problems in how the company operated,” and Stone…

Colombia Issues Guide for Implementing Blockchain for Public Projects in the Country

Colombia Issues Guide for Implementing Blockchain for Public Projects in the Country

Post Views: 284 The Ministry of Information Technologies and Communications of Colombia, Mintic, has issued a guide that describes the steps to implement blockchain in projects directed at the state level. The document defines blockchain and its basic elements, and also describes the guidelines that some projects should follow, depending on the needs of each…