News

South African Authorities Investigate $80 Million Crypto Investment Scam

South African authorities are investigating a company called Bitcaw Trading Company for investment fraud following a loss of more than 1 billion rand (approx $80 million) affected 28,000 people, according to a news release from the South African Police Service. A unit called the Serious Economic Offenses Unit will investigate the fraud. Authorities believe certain individuals were targeted […]

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Binance, Bermuda Ink $15 Million Crypto Investment Agreement

Binance plans to set up its new global compliance center in Bermuda over the next few months, Premier David Burt has announced. Speaking at a joint press conference on Friday, Burt announced that a memorandum of understanding has been signed, under which the Binance Charity Foundation will put $10 million toward educational programs related to the tech. An additional $5 million […]