The official X account of the Kenya Broadcasting Corporation (KBC), known by its handle @kbcchannel1, has been hacked. Reports emerging late on January 31, 2025, Eastern African Time (EAT), indicate that the account has been taken over by hackers promoting what appears to be a cryptocurrency scam. Active X users quickly noticed unusual activity when […]
US President Donald Trump has been criticised for launching a meme-coin while saying he “doesn’t know much” about the cryptocurrency. The digital coin called TRUMP appeared on his social media accounts ahead of his inauguration on Monday and quickly became one of the most valuable crypto coins. The value of a single coin shot up […]
Market cap of Bitcoin at $2.07T
Incoming first lady Melania Trump has launched a cryptocurrency on the eve of her husband’s inauguration as US president. The announcement comes a day after President-elect Donald Trump launched the $Trump cryptocurrency. Both coins have risen but have seen volatile trade. “The Official Melania Meme is live! You can buy $MELANIA now,” she posted on the social […]
This legislative approach follows a global trend where countries like Morocco, the United States, and Russia are also regulating cryptocurrencies to harness their potential while addressing inherent risks.
The proposed system aims to connect with crypto exchanges and marketplaces, enabling KRA to track and record transaction details, such as the date, time, type, and value of each transaction.
‘I was the CEO of FTX and I was responsible,’ says Bankman-Fried
Nadeem Anjarwalla, Binance director for West & East Africa and one of the firm’s two executives detained in Nigeria over tax evasion charges has escaped custody. According to reports from Nigerian media, the 38-year-old Briton, who also holds Kenyan citizenship, disappeared on Friday, March 22nd. Anjarwalla was allegedly allowed to leave the Abuja guest house, […]
When two executives from Binance arrived in Abuja, Nigeria’s capital city, to meet with the government over the role of the world’s largest cryptocurrency exchange in the country’s foreign exchange crisis, they were carrying only hand luggage, expecting to stay a few days. The first meeting on Feb. 26 started off neutral, the second took […]
The Blockchain Association of Kenya (BAK) has deferred plans to table a draft bill seeking to arrest rising cases of cryptocurrency fraud in the country. In a statement on Monday, February 19, the digital asset industry lobby group attributed the decision to postpone the submission of the Virtual Asset Service Provider (VASP) bill to the National […]
The Directorate of Criminal Investigations (DCI) has noted an alarming increase in reports of Kenyans falling victim to scammers operating through online cryptocurrency investment platforms. According to DCI, the fraudsters employ “deceptive tactics, enticing individuals to invest their hard-earned money with promises of lucrative returns, only for victims to end up losing substantial sums”. The […]
(AFP)-Hackers stole cryptocurrency worth over $600 million from a digital ledger used by players of the popular online game Axie Infinity, in a major digital cash heist revealed Tuesday. Interest in cryptocurrency has boomed, along with its values, but the money has also become an attractive target for tech savvy thieves. Ronin Network said the […]
It’s feeling darker for the Belgian National Marc Freddy H De Mesel a supposed cryptocurrency guru who for the past months has been on the spotlight for alleged money laundering. He’s now been profiled By Kenyan security agencies as a money launderer. In reported instances, De Mesel has relentlessly been trying bring his funds to […]
