Over $600m Stolen From FTX as Crypto Market Loses $201bn
|

Over $600m Stolen From FTX as Crypto Market Loses $201bn

The market capitalisation of all cryptocurrencies plummeted to $841 billion which was a fall of $201 billion in just seven days. This was caused by the disappearance of more than $600 million in cryptocurrency from the wallets of the defunct cryptocurrency corporation FTX, with no apparent cause stated. According to reports, FTX announced on Friday…

Ghana Cedis Named Worst Performing Currency Against the U.S Dollar
|

Ghana Cedis Named Worst Performing Currency Against the U.S Dollar

Ghana, the second largest cocoa producer in the world, bags the worst-performing currency against its global counterpart, the United States Dollar. Earlier this week, the local currency lost 3.3% of its value against the United States Dollar before paring losses to 11.2750, according to a Bloomberg report. So far this year, the currency has lost…