×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Crypto assets gather steam despite market jitters

The adoption of crypto assets is surging in Africa. [iStockphoto]

Earlier this month, FTX founder Sam Bankman-Fried was found guilty of looting more than Sh120 billion from users on the firm's cryptocurrency exchanges in one of the biggest financial scandals in recent history.

The scandal came to light with the implosion of crypto-currency exchange FTX that filed for bankruptcy in November last year, sending shock-waves throughout the volatile sector.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Football
Nairobi United seek redemption in CAF Confederation Cup match
Football
Junior Stars battle Tanzania in Afcon qualifier
Football
Starlets keen on revenge as they face hosts Algeria
Athletics
Iten town set to win more athletes hearts as it hosts its own marathon