Africa Crypto News Weekly Recap: Binance Commends Kenya, VALR Collaborates with MoonPay, Nigeria Imprisons 9 Chinese Fraudsters
In the most recent updates from Africa's crypto scene, Binance commends Kenya for progress in crypto regulations while cautioning against excessive taxation. Meanwhile, VALR is collaborating with MoonPay to broaden access to various fiat currencies. Additionally, Nigeria has sentenced nine Chinese cryptocurrency fraudsters
Ripple and the SEC Submit a Collaborative Motion to Resolve the $125M Lawsuit
One of the most enduring litigations in the crypto asset sector might soon draw to a close as the involved parties work towards resolving their disagreements. Ripple and the US Securities and Trading protocol Commission (SEC) have collectively suggested settling their $125 million
Polygon Unveils a New Strategy: Is It Over for POL?
Polygon is set to shift its strategy, concentrating on the PoS and AggLayer under the guidance of CEO Sandeep Nailwal. The value of POL has been declining as Ethereum layer-2 solutions such as Base and Arbitrum see a rise in TVL. Ethereum's intrinsic
Is Resolv Rally Only at the Beginning? US Senate Greenlights GENIUS Act
RESOLV remains robust, having risen 84% from its all-time lows. The timing of the USR stablecoin launch aligns perfectly with the Senate's approval of the GENIUS Act. Should this bill be enacted, it could lead to a significant rise in DeFi initiatives. Since
eToro Posts Robust Q1 Fueled by Surge in Trading Activity, Yet Shares Tumble by 12%
eToro announced a net profit of $60 million for Q1 2025 on June 10, 2025, showcasing strong financial outcomes attributed to heightened user engagement and a marked increase in trading activity across its worldwide markets. eToro’s net contribution saw an 8% rise in
Suspicious Transactions and Cryptocurrency-Related Crimes Hit Record Levels in Germany
Germany’s Financial Intelligence Unit (FIU) has reported an unprecedented spike in crimes associated with cryptocurrency since the previous year. They noted that while the total number of Suspicious Activity Reports (SARs) has decreased, incidents of crypto crimes continue to climb. In its latest
Ripple Contributes an Extra $5M for Student-Driven Innovations in the Asia Pacific
Ripple, the company behind the blockchain-based payment network, has designated an additional $5 million for investments aimed at enhancing blockchain education and research within the Asia Pacific region (APAC). In an announcement issued on 10 June 2025, the company pledged to broaden its
Layer3 L3 Crypto Surges, Increases by 30% as Attention Economy Thrives
Layer3 ranks among the leading contenders, rising 16% as the uptrend momentum from early June 2025 returns. With the growth of the attention economy, could L3 stand out as one of the top cryptocurrencies to acquire? Cryptocurrency values are climbing. As Ethereum and
South Korea’s Newly-Elected President Takes Steps to Legalize Stablecoins via Cryptocurrency Legislation
South Korea’s freshly elected leader, Lee Jae-myung, has introduced the Digital Asset Basic Act. This cryptocurrency legislation permits domestic firms to issue stablecoins. Lee – recognized as a progressive figure who triumphed over a conservative rival – is swiftly acting to fulfill commitments
Tokenization Launches Dubai’s Real Estate Market to $18B in May 2025
In May of this year, Dubai experienced a remarkable surge in its real estate trading market, achieving an unprecedented sales volume and record-high transaction values, showcasing increased crypto holder confidence in the city's property sector. According to a report from a publication dated
