Ugandan Fintech Firm Gets Funding From Dutch Impact Investor

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Ugandan fintech firm Agent Banking Company (ABC) receives undisclosed investment from Dutch impact investor Goodwell Investments. The funding, part of Goodwell’s $167M African startup...

FBI Warns of Growing ‘Pig Butchering’ Crypto Schemes in Maryland

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The Federal Bureau of Investigation (FBI) Baltimore office has issued a warning about the increasing prevalence of cryptocurrency investment fraud in Maryland. Known as...

Nigeria’s Central Bank Raises Benchmark Rate by 50 Basis Points

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The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% and increased the Cash Reserve Ratio...

North Korea Signals Closer BRICS Relations Amid Growing Russia Ties

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North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General...

Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims

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The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and...

Uganda’s Mitroplus Labs Unveils Afro, a Pan-African Meme Token

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Mitroplus Labs Africa, a Ugandan blockchain education institution, launches “Afro” meme token on Tron’s Sunpump network. Afro, represented by an African girl, is intended...

BTC Surge in 2024 Creates 20,000 New Millionaires—Bitcoin Wealth Soars

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Bitcoin’s 2024 surge has created 20,000 new millionaires, with wallet holders reaching record highs. Strong market performance and increasing investor participation push Bitcoin wealth to...

Congressman Blasts SEC Chair Over Crypto Regulation Failures

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Congressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to...

Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust

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Crypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the...

JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’

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JPMorgan CEO Jamie Dimon has issued a serious warning about escalating geopolitical risks, stating that they pose greater threats to global stability than current...