Ethiopia Signals Potential Shift on Cryptocurrency Stance
The governor of the National Bank of Ethiopia (NBE) has indicated that the bank may issue guidelines for the use of cryptocurrency in the country, suggesting a potential shift in…
Kenya National Fire Brigades Association Adopts Bitcoin
The Kenya National Fire Brigades Association (KENFIBA) has become the first labor union in Kenya to adopt bitcoin. This move, facilitated by Proof of Workforce, aims to support the union’s…
Bitcoin Surges Past $80,000 Amid Trump Victory Excitement
On Sunday, Nov. 10, at 06:58 a.m. EST, Bitcoin soared past $80,000, fueled by enthusiasm over Donald Trump’s electoral win. As of writing, the top cryptocurrency’s rally continues, with the…
Stablecoin Plunges 98% in 24 Hours, Sparks Rug Pull Allegations
Early on Oct. 26, the U.S. dollar value of Essence Finance’s decentralized stablecoin, CHI, plunged by more than 90% after rumors emerged that more than $20 million of collateral had…
Nigeria Drops Money Laundering Charges Against Ex-US Federal Agent
The Nigerian government has dropped money laundering charges against jailed Binance executive and former U.S. Federal agent Tigran Gambaryan. The Binance executive’s lawyer said the charges were dropped after the…