Bitcoin and Crypto Entering ‘Existential Crisis’ As DeFi Moves From Niche Experiment To Wall Street: Arca CIO

The post Shocking Kenya Token Scam Takes Over Crypto Twitter appeared on BitcoinEthereumNews.com. Kenya’s former Prime Minister was apparently hacked to promote a scam token project. The announcement post on his X profile was deleted, and its video was almost certainly a deepfake. The project’s name and branding closely resemble another semi-official project with glaring red flags. This confusing quagmire raises many remaining questions. Sponsored Sponsored What is Kenya Token? Kenya has an underrated presence in the international crypto community, with pockets of grassroots adoption and major business partnerships conducted by the government. However, the new “Kenya Token” apparently tried to profit from this situation rather than contribute to it. Faked Kenya Token Announcement. Source: X Raila Odinga, the country’s former Prime Minister, was apparently hacked to announce the Kenya Token project. Soon after, though, it was removed, prompting concerns about a hack. Comparing the accompanying video to Odinga’s actual speaking voice, it seems extremely likely that this post was an AI-generated deepfake. The scam may have fallen apart, but there are many unanswered questions. These red flags could be an important lesson, especially as scam prevention techniques are failing the community. Who’s Behind This Scam? Sponsored Sponsored For example, analysts discovered a massive level of insider bundling with Kenya Digital Token (KDT). This is a totally separate asset apparently endorsed by sitting government officials, so the scam project may have tried to piggyback on KDT’s branding. Even this semi-official project was covered in red flags, however. Immediately after one KDT wallet conducted a TGE, 141 other accounts sniped 20% of the total supply. The site marketed these tokens as “locked for the people,” but they’re in private hands. Kenya Digital Token (KDT) is heavily bundled 150 connected addresses own 20% of the supply – worth $60M “Locked for the people” pic.twitter.com/vCVtq1WCRc — Bubblemaps (@bubblemaps) July 11, 2025 This led the community to…

The post VIRTUAL Weekly Analysis Jan 21 appeared on BitcoinEthereumNews.com. VIRTUAL closed the week up 3.57% at $0.84, but the long-term downtrend maintains its

Huawei publicly revealed its full chip roadmap on Thursday during its annual Connect conference in Shanghai, confirming it would begin releasing some of the world’s most powerful computing systems in a push to reduce China’s reliance on Nvidia and other foreign chipmakers, according to Reuters. Eric Xu, Huawei’s rotating chairman, disclosed that the company had […]