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SEC and CFTC say Maryland Ponzi scheme defrauded over 1,000 investors out of $27 million by promising crypto trading returns
The Securities and Exchange Commission (SEC) and Commodities Future Trading Commission (CFTC) have both charged a Maryland-based Ponzi scheme for allegedly defrauding over ...
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Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K
The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high ...
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DDoS-for-Bitcoin’ Group Attacks Financial Services Including PayPal and MoneyGram
Over the last few weeks a group of cybercriminals has reportedly been launching distributed denial of service (DDoS) attacks against financial service providers ...
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Ecobank Group wins Innovation in Financial Services Award
The leading pan-African banking group, Ecobank, is delighted to announce that it has won the Award for Innovation in Financial Services at the ...
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Chainlink Acquires Blockchain Oracle Solution From Cornell University
Chainlink has acquired Cornell University’s privacy oracle solution DECO for an undisclosed amount. This is Chainlink’s second acquisition to date, according to an ...
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Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention
A major bank quietly opened up a wallet service for China’s central bank digital currency to public users – but quickly disabled it after ...
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Airtel Africa boosts mobile money with second new partnership in a month
Airtel Africa has announced a new partnership with MoneyGram International to enable 19 million customers to receive transfers directly into their mobile wallets. ...
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Standard Bank acquires 35% stake in TradeSafe
Standard Bank has acquired a 35% equity stake in digital escrow company TradeSafe Escrow, providing a means for buyers and sellers to mitigate ...
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Jeff Bezos, Elon Musk, others record climb in revenue
Amazon’s boss Jeff Bezos reached a milestone earlier in the week that no human has ever achieved. With Amazon stock price surging nearly ...
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MoneyGram strengthens African presence through Airtel collaboration
MoneyGram, a global specialist in cross-border P2P payments and money transfers, has detailed a new partnership with Airtel Africa. The deal significantly enhances ...