Africa: Blockchain startups sees 429% surge in funding in 2022
A new report reveals that Africa was the region with the highest growth in blockchain funding, with KuCoin and Scroll.io hitting the unicorn valuation.
Latest Seychelles News
CoinFLEX restructure approved by Seychelles court; Roger Ver nowhere to be seen
Under the plan, which was proposed in September 2022, CoinFLEX creditors will own 65% of the company, while Series A investors would lose their equity stakes. Series B shareholders will retain their status.
CoinFLEX files for restructuring after Roger Ver allegedly fails to pay margin call
In a blogpost, CoinFLEX detailed how it has filed for restructuring in Seychelles, which will enable it to issue rvUSD tokens, equity, and locked FLEX tokens to depositors.
OneCoin scam: Seychelles asked to probe transfer of $10B in BTC
A British lawyer has filed a request for Seychelles authorities to probe transactions related to 230,000 BTC that have been linked to the country and to OneCoin.
Crypto Crime Cartel: The many lawsuits against BitMEX
BitMEX and its founders are facing a growing wave of legal action over what prosecutors and plaintiffs call a wholesale scheme to manipulate digital asset markets at the expense of its own customers.