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Multichain Loses $126 Million in Crypto Assets Following Exploit

In a devastating blow to the decentralized finance (DeFi) community, cross-chain bridge Multichain has suffered a major security breach, resulting in the loss of approximately $126 million worth of crypto...
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CoinNewsExtra Launches CNETv: The First Tokenized Watch-2-Earn 24/7 Live Broadcasting TV App for Blockchain, crypto, Ai and Fintech ecosystem

Africa’s Largest Blockchain Media Platform Introduces Innovative TV App to Revolutionize User Engagement [Lagos, Nigeria. 28th June 2023] – CoinNewsExtra, Africa’s leading blockchain, cryptocurrency, Fintech, and AI media platform, is...
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CACEIS Secures Regulatory Approval for Crypto Custody Services, Joins Ranks of Traditional Finance Firms Embracing Crypto

CACEIS, the asset servicing division of major banks Crédit Agricole and Santander, has obtained regulatory approval from French authorities to offer crypto custody services. On Tuesday, June 20, CACEIS Bank...
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Coinbase Addresses SEC probe In Fourth Quarter Report

Cryptocurrency Exchange, Coinbase has responded to the case filed against it by the United States Securities and Exchange Commission (SEC).
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Court Order Bithumb To Pay $203,120 As Damages To Investors

The South Korean supreme court has ordered cryptocurrency exchange, Bithumb to pay the sum of $203,120 as damages to 132 customers. The aforementioned investors had dragged Bithumb to court for...
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Court Reportedly Okays Binance US’s Purchase Of Voyager Digital’s Asset

Binance US has received approval from the court for its planned takeover of Voyager Digital. This is despite disapproval by the United States Securities and Exchange Commission (SEC). The US...
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US SEC Charges Creator of ‘Coindeal’, 7 Others with $45 million Fraud

Eight persons, including the creator of the fake cryptocurrency investment scheme, ‘Coindeal’ have been charged by the United States Securities and Exchange Commission (SEC) with fraud. The scheme which ran...
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Nigeria’s Fintech Firms Raise $1.2bn In 2022

According to reports, Nigerian Fintech businesses got $1.2 billion in venture capital investment in 2022, followed by Kenyan Fintech who raised $1.1 billion and Egypt with $820 million. In Lagos...
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Crypto Billionaires Lose $116 Billion In Nine Months- Report

17 cryptocurrency billionaires lost $116 billion to the crypto winter and bankruptcies experienced this year, a report by Forbes says. Out of this number, 10 of them were forced out...
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Mexican fintech Aviva raises $2.2M to foster financial inclusion

Mexico-based fintech startup Aviva has raised $2.2 million in pre-seed funding to bring working capital to unserved communities. Founded by former banking executives Filiberto Castro, David Hernandez, Amran Frey and...
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