🌐Weekly News Digest [ January 26 – February 1 ]
That was a week of bribery charges and expansion of extraction activities across the whole continent.
💡Here are the key highlights:
🇩🇿 Algeria
— Algeria’s minister for hydrocarbons visits Chad and Niger
🇨🇬 Congo
— Two Norwegians and an oil company charged with bribing Congo’s president
🇨🇩 DR Congo
— The leader of the AFC/M23 critisizes the US-DRC strategic agreement on access to minerals
— More than 200 killed in a collapse at the AFC/M23-controlled Rubaya coltan mines in eastern DRC
🇱🇷 Liberia
— Liberia ratified an agreement with the Luxembourg-based ArcelorMittal, extending the company’s rights to the Tokadeh iron deposit until 2075
🇲🇱 Mali
— China’s largest mining company, Zijin buys Canadian company Allied Gold
🇲🇬 Madagascar
— Madagascar has lifted its 2010 moratorium on new mining permits, except for gold
🇲🇿 Mozambique
— TotalEnergies officially resume the Mozambique LNG project
🇳🇬 Nigeria
— Nigeria’s President Bola Tinubu grants tax incentives to speed up Shell’s Bonga South West oil project
— TotalEnergies sells its 10% stake in a Nigerian oil asset to a brand new local firm
— A bribery trial of a former Nigerian minister of petroleum opens in London
🇸🇩 Sudan
— Sudan seeks closer alignment with Saudi Arabia, including gold refinement
🇿🇲 Zambia
— Zambia’s army carries out a full-fledged military operation around a gold deposit in the northwest of the country
🇿🇼 Zimbabwe
— Illegal miners blamed for water supply disruptions in Zimbabwe's second largest city
— Zimbabwe starts early implementation of increased royalties on gold mining
#NewsDigest
➡️ Follow to stay informed - @devilsbelow
🪙242.9K ETH withdrawn from CEXs this week#OnChain#Exchanges
Coinglass 數據顯示,過去 7 天共有約 24.29 萬枚 ETH 從中心化交易所流出,其中 Binance、Bitfinex、Coinbase Pro 均錄得顯著減少,顯示部分持幣者正從交易所轉往自託管或鏈上配置。
#Ethereum#DeFi#Markets#Crypto
⚡ 交易所庫存下降通常意味短線拋壓減弱,但後續能否轉為有效需求仍需觀察鏈上活躍度。
👍@Web3NewsInsight
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🚀 North Korean Crypto Theft Funds Military Expenditures, Experts Warn
Security experts have highlighted that cryptocurrency theft is increasingly being used to finance North Korea's military activities. According to NS3.AI, researchers have observed a months-long infiltration targeting Drift Protocol, indicating a shift in North Korean operations. These activities have expanded beyond phishing to include attacks on exchanges, wallet services, and key permission holders of DeFi protocols.
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EU Tightens Crypto Regulations
🔵 EU crypto exchanges must delist $USDT by December 30 due to the Markets in Cryptoassets regulation. This ban aims to restrict cash usage but may push users towards DEX and other stablecoins. Centralized exchanges are in a race to comply by the deadline.
More details in the regulation here. Join the discussion on CryptoTwitter🦢
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Melania Meme Token Debuts on Major Exchanges
Centralized exchanges like MEXC, BingX, Gate, and Bitget list Melania Meme (MELANIA) token. The token's economic model: 35% team share (30-day lock), 20% treasury, 20% community, 15% public offering, 10% liquidity. Major transaction: an address bought 3.8M MELANIA for 800k USDC, now with a profit of $38.6M.
Read more: Wu Blockchain News
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OKX Settles Dispute with US DOJ
🕊OKX settles dispute with the US Department of Justice, admitting fault for operating without a license. The exchange will pay $84 million in fines and forfeit $421 million in commissions from US clients. This settlement marks a pivotal point for OKX, allowing continued collaboration with regulators to enhance solutions for clients and the crypto market. Details:OKX Announcement
🟠 In related news, $635 million in leveraged Bitcoin positions were liquidated within 24 hours.
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