🌐Weekly News Digest [ February 9 – February 15 ]
Last week, the mining conference in Cape Town became the first high-level venue to criticize American expansion into Africa - but what else happened?
💡Here are the key highlights:
🇨🇩 DR Congo
— South Africa’s Minister of Resources sharply criticizes his Congolese counterpart
— Washington urged an Australian mining firm AVZ to sell its major lithium project to a US company
🇱🇾 Libya
— Libya’s fails its first oil license auction in 17 years
🇲🇱 Mali
— The Malian government establishes a new state-owned mining company
— Mali approves a 10-year extension of Canadian gold miner's license
🇳🇪 Niger
— Niger’s military repels an attack by MPLJ militants on Chinese oil facilities
— Niger is ready to return the uranium confiscated from the French
🇳🇬 Nigeria
— Nigerian company loses asset in Equatorial Guinea
— Dangote Refinery reaches its design capacity for the first time
— US lawmakers introduce a bill claiming that Chinese illegal miners are paying Fulani militant groups
🇿🇦 South Africa
— Mining Indaba Conference concludes in Cape Town
🌍 Global
— State Department reveals the US strategy for Africa
#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🪙242.9K ETH withdrawn from CEXs this week#OnChain#Exchanges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.
#NorthKorea#CryptoTheft#MilitaryExpenditures#SecurityExperts#NS3AI#DriftProtocol#Phishing#Exchanges#WalletServices#DeFiProtocols
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🦢
#EU#Regulation#Crypto#USDT#Exchanges#MarketsInCryptoassets#DEX#Stablecoins#Cash#Compliance#Ban#Deadline#Investment#Blockchain#Technology#DigitalAssets#Finance#MarketTrends
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.
#Crypto#Bitcoin#OKX#Regulations#Compliance
#OKX#Crypto#Bitcoin#Finance#Regulations#Compliance#Investment#Blockchain#US#Litigation#Trading#Market#Fines#Exchanges#Leveraged#Settlement#Lawsuits#Justice#USDOJ#CryptoMarket