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Nigerian Bank Reportedly Freezes Accounts Belonging to 500 USDT Traders


A Nigerian bank has reportedly blocked bank accounts belonging to some 500 digital asset traders. The affected accounts are said to have received a portion of the more than $10 million that was stolen from Access Bank by hackers between May and June this year. A prominent Nigerian crypto enthusiast...

Egypt Becomes First MENA Country to Issue Chinese Yuan-Denominated Bonds


Eygpt has reportedly become the first Middle East North Africa (MENA) region country to issue so-called “panda bonds” after it issued Chinese yuan denominated bonds worth $479 million. Issuing panda bonds marks another step in Egypt’s attempts to move away from costly dollar...

NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downturn


Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively, resulting in approximately $70.51 million in NFT transactions....

Scandal Unveiled: Web3 Game Project's $1.6 Million Exit Scam with Actors


The development team behind the gaming project FinSoul has been accused of carrying out a massive exit scam, defrauding investors of $1.6 million through market manipulation.  According to a recent report from blockchain security platform CertiK, the FinSoul team allegedly employed paid actors...

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