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Report: Kenyan Police Raid Worldcoin’s Offices Just Days After Govt Suspended the Crypto Project
8.8.2023
A team of Kenyan police officers is reported to have raided the premises used by Worldcoin and seized devices storing users’ data. The raid came just days after the Kenyan government announced the suspension of Worldcoin’s activities in the country. Officers Armed With Search Warrant...
Kenyan Government Says It Has ‘Suspended’ Worldcoin Activities
3.8.2023
The Kenyan interior ministry said on Aug.2 that Worldcoin’s activities in the country have been “suspended” in order to give government agencies an opportunity to assess the cryptocurrency project’s potential risks to public safety. The country’s interior minister...
Worldcoin cryptocurrency project suspended in Kenya
2.8.2023
Kenyan authorities want to ensure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data
Nigerian Social Payments Platform Bundle Ceases Crypto Exchange Operations
22.7.2023
The Nigerian social payments platform Bundle said on July 20 it was shutting down its crypto exchange services business and will now focus on its peer-to-peer platform known as Cashlink. Bundle said users must withdraw or convert their digital assets to the stablecoin tether on or before Aug....
Binance ceases support for deposits and withdrawals of suspended Multichain-bridged tokens
5.7.2023
This decision has implications for users who utilize bridged tokens on networks such as BNB Smart Chain, Fantom, Ethereum and Avalanche blockchains
Haru Invest Fallout: South African Crypto Platform Says Customers Can Only Access 76% of Crypto Holdings
30.6.2023
The South African crypto platform, Revix, said on June 28 that customers can now only access just over three-quarters (76%) of their crypto assets. Revix said the move to block customers’ access to 24% of their crypto assets was made after one of its primary service providers Haru Invest...
Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty
22.6.2023
On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned acquisition of custodian Prime Trust. The company cited a “considerable effort” in attempting to chart a course for Prime Trust’s future. Bitgo Cancels Prime Trust Acquisition...
Twitter suspends memecoin-linked AI bot after Elon Musk's ‘scam crypto’ claim
19.6.2023
"Explain This Bob," the popular AI-powered Twitter account also linked to a memecoin, was suspended shortly after Elon Musk alleged it was a "scam."
5 Charges Temporarily Suspended in FTX Co-Founder Sam Bankman-Fried’s Legal Battle
17.6.2023
The U.S. Department of Justice (DOJ) and federal prosecutors in New York have opted to temporarily suspend five charges against the beleaguered FTX co-founder Sam Bankman-Fried (SBF). Nevertheless, these five charges have been “severed” and deferred until 2024, potentially leaving...
Security Agency Detains Nigeria’s Suspended Anti-Bitcoin Central Bank Governor
12.6.2023
The Central Bank of Nigeria governor, Godwin Emefiele, was suspended by Nigerian President Bola Ahmed Tinubu on June 9 and was subsequently arrested by a domestic security agency. Several reports have linked Emefiele’s suspension to the central bank’s controversial naira demonetization...
Binance US Halts USD Deposits, Withdrawals — Asks Users to Withdraw Dollars by June 13
10.6.2023
Binance US has informed its users that U.S. dollar deposits have been suspended and USD withdrawals will no longer be processed. The crypto exchange has asked customers to withdraw dollars by June 13 as it transitions into a crypto-only trading platform. The move followed a lawsuit against...
Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident
30.5.2023
Bkex, a crypto exchange based in the British Virgin Islands, has suspended withdrawals due to an allegation that a user’s “funds were involved in money laundering.” In order to assist law enforcement with their investigation and gather evidence, Bkex said it has decided to halt...
Hackers Breach Nigerian Crypto Trading Platform — BTC and Naira Assets Compromised
29.5.2023
The Nigerian gift card and crypto trading platform, Patricia, announced on May 26 that one of its trading applications had been breached and that BTC as well as naira assets were compromised. The crypto exchange platform said it has since suspended withdrawals and is presently “undergoing...
Treasury Secretary Yellen Revises Debt Default Date: US Government Could Exhaust Funds by June 5
28.5.2023
U.S. Treasury Secretary Janet Yellen has updated her projection regarding the date the U.S. government could default on its debt obligations. She warned that the Treasury “will have insufficient resources to satisfy the government’s obligations if Congress has not raised or suspended the debt limit...
Binance Aus suspends AUD fiat services, citing issues with third party
18.5.2023
Australian dollar deposits and withdrawals have been suspended by the exchange citing a decision made by a third-party prov
US Government Faces ‘Significant Risk’ of Default in June, Congressional Budget Office Warns
14.5.2023
The Congressional Budget Office (CBO) has stressed that “there is a significant risk that the Treasury will run out of funds at some point in the first two weeks of June” if the debt ceiling is not raised or suspended. The CBO’s projection is in line with the estimate by the Treasury Department...
Crypto Exchange Bitrue Suffers $23 Million Hack
14.4.2023
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses...
BUSD deposits and withdrawals via OCBS suspended on Binance.US
31.3.2023
Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits
Binance BUSD Stablecoin Trading Suspended by Coinbase Over Liquidity Concerns – What's Going On?
14.3.2023
Coinbase has proceeded with the planned suspension of Binance USD (BUSD) trading, disabling trading for the stablecoin starting Monday.
"We have disabled trading for Binance USD (BUSD)," the United States-based cryptocurrency exchange said in a March 13 tweet, adding that users will continue...
Binance GBP Funding On/Off-Ramp to be Suspended in May
13.3.2023
The change will affect less than 1% of Binance customers, the exchange says