Bitcoin, El Salvador, Exchanges

Dan Opondo

President Bukele Hits Back at Critics as Bitcoin Yields Profit for El Salvador

Earlier today, President Nayib Bukele of El Salvador hit back at critics after a profitable turnaround in the country’s Bitcoin investments. Amid Bitcoin’s exciting comeback, El Salvador’s controversial bet on the cryptocurrency appears to be paying off. “Take Back” Your Statements, Bukele  In a post on the social media platform X (formerly Twitter), the Salvadoran ...

Dan Opondo

Football Star Cristiano Ronaldo Sued for Binance Endorsement

Famous football star Cristiano Ronaldo finds himself embroiled in a legal feud, with a new class action lawsuit filed against him, citing his promotional activities with the currently troubled exchange Binance. This is unsurprising as the exchange continues to withstand attacks from US watchdogs following a guilty plea and $4.3 billion settlement. Cristiano Ronaldo Sued ...

Dan Opondo

Swyftx and TRM Labs Unite to Fight Crypto Fraud

Australian crypto exchange network Swyftx and Blockchain forensic firm TRM Labs recently collaborated to combat an escalating issue of cryptocurrency fraud.  As part of the collaboration, the duo aims to reduce the millions of losses Aussies face because of cryptocurrency fraud. Swyftx and TRM Labs Collaborate The duo announced a novel project that will pay ...

Dan Opondo

Atletico Madrid Suing WhaleFin

Atletico Madrid Suing WhaleFin Over Unpaid $44M Sponsorship

A strong legal battle is brewing in the crypto realm, with football giant Atletico Madrid reportedly planning to sue crypto exchange WhaleFin for failing to pay €40 million ($44 million) in sponsorship revenue. These developments underscore other football clubs’ dilemma with delayed and unpaid sponsorship deals from crypto projects.  Atletico Madrid vs WhaleFin Atletico contends ...