Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App

Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography was compromised.” Solana Status Report Says Affected Addresses Were at One … Read more

Bitcoin Price Tests Support at $22.8K, Crypto Market at a Standstill

After rising to the $23k level and peaking at $24.6k last week, Bitcoin’s price has been testing support as the global cryptocurrency market continued to trade sideways. With the Solana news breaking yesterday, Bitcoin’s price slid to the $22.8k level again, erasing last week’s gains. Understandably, Bitcoin is seeing bearish momentum, as the Solana hack … Read more

Bitcoin, Ethereum Technical Analysis: Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report

Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report, which is expected to come in at 250,000 jobs. Bitcoin … Read more

Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start

In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has told financial institutions to cease having dealings with two Nigerian fintechs, Flutterwave and Chipper Cash. The Central African Republic’s token sale is … Read more