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0 CommentsThis is a story so simple that its almost frightening. Amir and Rais Kaji, two brothers from South Africa, created a large cryptocurrency exchange Africrypt in 2019. Lo and behold, they just disappear, along with 69,000 BTC of their clients – at the time it was worth over $ 4 billion (according to other estimates…
China has moved deliberately to secure the first-mover advantage in what it believes is the future of the internet. If the digital yuan is Beijing’s tender for the digital frontier, its blockchain initiative is its bid to build the railroads. In the first installment of a three-part series produced with support from the Judith Neilson…
Over the last decade, cryptocurrencies have embraced the wider market. As Bitcoin (BTC) tends to be the most popular currency in the crypto world, Dogecoin (DOGE), the so-called ‘meme-coin,’ has delivered one of the highest returns. Within just six months between November and May, Dogecoin has shown a 27,000% return! Too bad, but the Dogecoin…
The Сentral bank of Tanzania is working on President Samia Suluhu Hassan’s directive to prepare the country for cryptocurrencies, as Reuters reported. It might point to a reversal of a local law banning digital assets it put in place in November 2019. Tanzania may now be on the cusp of a crypto turnaround after the…
Recently, thanks to Bloomberg, the whole world learned that Israel has completed a pilot test of its own central bank digital currency (CBDC). This was announced at a conference from the Interdisciplinary Center Herzliya by the central bank Deputy Governor Andrew Abir. According to the official, the actual launch of CBDC will likely take a…
Decentralized finance (DeFi) is considered the next big opportunity among blockchain technologies. But money is fleeing the sector amid a cryptocurrency market decline and fears of regulatory scrutiny. Recently, red flags are starting to appear more often in the DeFi sector, one of the most profitable and volatile fields of the crypto world this year….
