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SOL Slumps 8% as Investors Pivot Into PayFi Plays — Spotlight on Remittix (RTX)

Solana (SOL) stumbled sharply in recent hours, shedding more than 8% in value as market sentiment turned sour and capital chased higher-risk / higher-reward bets in emerging payment finance (PayFi) projects. The abrupt drop has reignited questions about support levels, network fundamentals, and whether something like Remittix (RTX) might emerge as the next breakout altcoin. […]

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Crypto Under Siege: CZ Sounds Alarm on North Korean Hacker Tactics

On September 18, Binance founder Changpeng Zhao (CZ) issued a stark warning to the crypto industry: North Korean hackers are deploying more advanced, stealthy strategies to infiltrate firms—especially through the hiring pipeline. The threats are no longer limited to phishing or direct network attacks, but increasingly target human processes, turning recruitment into a vector of […]

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$1.5B Liquidated in Monday Selloff: Crypto Markets in Turmoil

On Monday, the crypto market experienced one of its most violent corrections in months. Over $1.5 billion in leveraged long positions were forcibly closed, triggering a cascade of margin calls and widespread panic selling across major and minor tokens alike. (CoinDesk) According to data from Coinglass, more than 407,000 traders saw their positions liquidated in […]

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European Law Enforcement Dismantles Massive Crypto Investment Scam Network Worth €100 Million

European law enforcement agencies have successfully dismantled a major cryptocurrency fraud network that defrauded over 100 victims across Germany, France, Italy, and Spain of at least €100 million ($118 million). The coordinated operation, spearheaded by Eurojust and supported by Europol, represents one of the most significant cryptocurrency fraud takedowns in European history. The sophisticated scheme, […]

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Kenya Launches Digital Tools for National Emergency Ambulance Service

What’s Being Rolled Out The Kenyan government, through the Social Health Authority (SHA), is introducing the National Emergency Ambulance Dispatch Service. The aim is to strengthen emergency medical response across the country by centralizing dispatch, standardizing ambulance charges, and using digital tools. Health Cabinet Secretary Aden Duale announced the plan during a visit to Vihiga […]

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Britam’s Diverse Revenue Fails to Stem Profit Dip in First Half of 2025

Financial Highlights: Growth on Top Line, Pressure on Bottom Line Britam Holdings posted a profit before tax (PBT) of KSh 2.5 billion for the six months ended June 30, 2025, a decline from KSh 2.8 billion in the same period of 2024. The company attributed the dip mainly to higher claims payouts and the impact […]

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Axi Introduces Fiat-Settled Crypto Perpetuals to Boost Transparency and Reduce Risk for Traders

Global online broker Axi today announced the launch of fiat-settled crypto perpetual contracts, a groundbreaking move designed to provide traders with a more transparent, secure, and streamlined approach to accessing the rapidly expanding crypto derivatives market. This strategic product launch comes at a critical time when the crypto derivatives sector is experiencing unprecedented growth and […]

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Kenya Deregisters 20 Insurance Brokers in Major Compliance Clean-Up

What Happened: Broker Licences Cancelled The Insurance Regulatory Authority (IRA) of Kenya recently took decisive action by cancelling the licences of 20 insurance brokerage firms. The change was officially communicated via a Kenya Gazette notice on 18 July 2025, and it states that the affected brokers ceased transacting insurance business as of 30 June 2025, […]

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Fraud Decline Spurs Profits Surge in Kenya’s Insurance Sector

What the Latest Data Reveals Kenya’s insurance industry saw a sharp drop in fraud reports in Q4 2024, while its profits leapt nearly four-fold, driven largely by brisk investment returns in government bonds, according to the Insurance Regulatory Authority (IRA). Build the future you deserve. Get started with our top-tier Online courses: ACCA, HESI A2, […]

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