The Central Bank of Kenya (CBK) is recruiting four specialists to form its first team dedicated to supervising virtual asset service providers (VASPs). This move follows the 2025 VASP Act, which established Kenya's first legal framework for crypto regulation. The hires will manage licensing, compliance, and risk oversight to stabilize and professionalize Kenya's growing crypto market. The CBK is preparing for full implementation of crypto rules, even as detailed regulations are still pending final approval and gazettement.
Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-20...
Cryptocurrency prices exhibit varied changes, with Bitcoin at $62,854 and Ethereum at $1,785. Significant gains are seen in tokens like ADA, which rose 11.61%, and LAB, which surged 123.54%. Other notable increases include GRAM, PEPE, and ANSEM, whil...
Solana has seen a significant drop in its validators, falling from around 2,500 to about 800 after a purge in 2025 aimed at removing inactive or poor-performing nodes. This decline contrasts sharply with Ethereum's over 900,000 validators, highlighti...
Claims that Sui's public mainnet reached over 6 million transactions per second (TPS) are misleading. Verified data shows Sui's real-world TPS averages in the low hundreds, with peaks around 900 to 1,000 TPS. The 6 million TPS figure is linked to Sol...
Aave's new lending market on the Monad blockchain surpassed $100 million in deposits within 48 hours of launching on July 2, 2026. Monad is a high-speed, EVM-compatible Layer 1 chain known for its fast transaction speeds, making it attractive for DeF...
