BDA

Charles Parks III gets 1-year prison term for $3.5M fraud

Crypto influencer Charles Parks III has been sentenced to one year and one day in federal prison after admitting to running a multimillion-dollar cryptojacking scheme. The 38-year-old from Missouri was...
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Former Twitter CEO Parag Agrawal Launches AI Startup

Parag Agrawal, the former CEO of Twitter, has launched an AI company named Parallel Web Systems Inc. This marks his return to the tech scene following his removal from Twitter...
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South Africa Tightens Crypto Rules as Kenya Raises the Stakes

South Africa’s Finance Minister, Enoch Godongwana, has announced that the South African Reserve Bank (SARB) will publish a new framework governing cross-border cryptocurrency transactions later this year, rather than drafting...
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Justin Sun’s Lawsuit Against Bloomberg Over  Disclosure of His Financial Data

Justin Sun has filed a lawsuit in the U.S. District Court for Delaware against Bloomberg. The lawsuit seeks a temporary restraining order and injunctions to prevent the disclosure of what...
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Ethereum Could Hit $7,500 in 2025, Standard Chartered Says

Standard Chartered has sharply raised its year-end 2025 price target for ETH to $7,500, up from $4,000, and projects a potential climb to $25,000 by 2028. The bank cites three...
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Nigeria SEC Partners with Chainalysis to fight Fraud and Boost Transparency

Nigeria is taking a decisive step toward safeguarding its digital asset ecosystem. The Securities and Exchange Commission (SEC) has entered into a strategic collaboration with Chainalysis, a global leader in...
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Citrusrate: Demystifying Bitcoin for Africans

When many people first heard about Bitcoin, it was in the headlines or casual conversations about price swings or regulatory issues. Yet beyond the noise lies a story about building...
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Lemonade Payments: The Privacy-First Engine Powering African Business Growth

 In an industry crowded with payment platforms, each promising faster settlements, broader coverage, and sleek interfaces, Lemonade Payments refuses to blend into the noise. It positions itself not merely as...
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SEC DG Agama named AMERC vice-chair, projects $10tn market

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has been elected Vice-Chair of the Africa/Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions...
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Ethiopia Suspends Crypto-Mining Power Permits

Ethiopia’s state utility, Ethiopian Electric Power (EEP), has suspended issuing new electricity delivery permits to crypto-mining (or “data mining”) operators, a move prompted by mounting strain on the national grid...
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