The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition to seizing 95 mobile phones and 3,367 SIM cards, the ...
Tag: Egyptian
Egyptian crypto swindle scheme lures $6b from users
A bogus investing program known as Hoggpool has caused tens of thousands of Egyptians to lose around 194 million Egyptian pounds, equivalent to over $6 billion. The fraud has led to the arrest of 29 p...
Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion – Fintech Bitcoin News
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The late...
Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank – Economics Bitcoin News
Egyptian lawmakers recently hailed the parliament’s endorsement of a pact that allows the country to join the New Development Bank, a report has said. According to the report, the lawmakers believe jo...
Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime – Africa Bitcoin News
The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months a...
Egyptian Fintech Raises $31 Million in Series B Funding Round – Fintech Bitcoin News
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to financ...
Egyptian Currency Plunges 15% – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
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Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition – Emerging Markets Bitcoin News
After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the currency. Cairo’s apparen...
Hollywood Zombies, Space Aliens, And Egyptian Mummies Gather At Jordan Winery Halloween Party Through The Years
The 2022 Jordan Winery Halloween Party in the Barrel Room – Theme: Dead Hollywood Jordan Winery, Will Bucquoy Though many businesses offer top sales professionals exciting excursions and experie...
Withdrawal Limits for Egyptian Travelers Lowered as Banks Seek to Conserve Scarce Forex – Bitcoin News
According to a report, some Egyptian banks recently informed clients who plan to travel abroad that they can now only withdraw $2,000 or less. The banks have also lowered the amount of foreign exchang...
Egyptian Pound Latest African Currency to Slump to Record Low Versus US Dollar – Economics Bitcoin News
The Egyptian pound recently became the latest currency from the African continent to see its value versus the greenback slump to a record low. The pound’s fall came amidst reports suggesting the Egypt...
Blockchain document transfer provider CargoX extends agreement with Egyptian government
CargoX, a blockchain company specializing in document transfer solutions, announced a long-term extension to its agreement with the Egyptian government to digitize the nation’s trade flows. Last year,...