Tag: Cryptocurrency
Bitcoin nears record high ahead of US election
Bitcoin rose past US$70,000 for the first time since June, bolstered by inflows into dedicated exchange-traded funds as well as speculation about potential outcomes...
Yellow Card raises $33 million in series C funding
Yellow Card, an Africa-focused crypto startup that operates in 20 countries, has raised $33 million in series C funding. This is the company's third funding in...
BoG’s eCedi wins Innovation in Digital Currency Design Award
Ghana's central bank digital currency (CBDC), the eCedi has won the Innovation in Digital Currency Design award at this year's Payment, Innovation and Technology...
FTX gets green light to repay billions to customers
US bankruptcy judge John Dorsey has given the go-ahead to the reorganisation plan put together by the company, which includes repaying customers who had...
BoG finally set to regulate Cryptocurrency and other Digital Assets
The Bank of Ghana (BoG) has finally issued a draft guidelines on digital assets that sets the tone for it to start regulating cryptocurrency...
Binance executive collapses during Nigeria trial for money laundering
Tigran Gambaryan, a Binance executive currently detained in Nigeria, collapsed in the Federal High Court in Abuja during his trial for alleged foreign exchange...
Binance founder Changpeng Zhao is world’s richest prisoner
Former CEO of Binance Changpeng Zhao has been sentenced to four months in prison after he pleaded guilty to violations of US anti-money laundering...
Sam Bankman-Fried gets 25 years for FTX fraud
Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing US$8-billion from customers of the now-bankrupt FTX cryptocurrency...
US sanctions firms for providing tech to Central Bank of Iran
The United States (US) has imposed sanctions on several companies and individuals for smuggling technology to the Central Bank of Iran (CBI).
The CBI is...
Fordefi secures $10m investment for crypto wallet-as-a-service
Cryptocurrency firm Fordefi is launching a wallet-as-a-service offering after raising $10 million in a seed-extension round.
Electric Capital led the round with participation from Paxos...