African News

Anatoly Yakovenko, the Co-founder of solana, Praises Brian Armstrong and Coinbase’s Innovative Hiring Policy In a recent Website social media integration post, Anatoly Yakovenko, the co-founder of solana, acknowledged and praised Brian Armstrong, the CEO of Coinbase, for his groundbreaking approach to recruitment practices. Yakovenko’s endorsement comes following Coinbase’s implementation of a new policy that…

BlackRock plans to add Bitcoin ETFs to global allocation fund

BlackRock, the Largest Asset Manager Worldwide, Introduces bitcoin ETFs into Its Global Allocation Fund BlackRock, the world’s largest asset manager, has announced its plans to incorporate spot bitcoin exchange-traded funds (ETFs) into its Global Allocation Fund (MALOX), as stated in a March 7 update to the United States Securities and Exchange Commission (SEC) filing. This…

So what chances are there left for Nigeria to get into BRICS?

Nigeria’s Persistent Ambition to Join BRICS: A Look into the African Giant’s Bid Despite an initial rejection, Nigeria’s aspirations to join the BRICS (Brazil, Russia, India, China, and South Africa) club have not waned. In fact, the West African country remains steadfast in its pursuit to become a part of this influential bloc as soon…

Sony set to integrate NFTs into its ecosystem with new filing

Sony, a global leader in both the electronics and gaming industries (known for its innovative products and services), has taken a significant step towards integrating non-fungible tokens (NFTs) into its gaming ecosystem with a recent patent filing. The patent application, submitted on February 29, presents an intriguing new system called the “super-fungible token” (SFT). This…

Bitfinex heist movie directors cast Chloë Grace Moretz as Razzlekhan

Chloë Grace Moretz Joins Star-Studded Cast for Upcoming “Dutch & Razzlekhan” Bitfinex Movie The upcoming film titled “Dutch & Razzlekhan,” based on the true story of Heather ‘Razzlekhan’ Morgan and her partner Ilya ‘Dutch’ Lichtenstein’s criminal activities, is making headlines with its latest casting announcement. According to reports from Deadline, Chloë Grace Moretz will join…

Mark Cuban makes surprising Bitcoin predictions

In a recent interview with CNBC, billionaire investor Mark Cuban, who is known for his role on the television show “Shark Tank” and as a minority owner of the NBA team Dallas Mavericks, shared his insights into the world of cryptocurrency, particularly bitcoin and ethereum (eth). Cuban, who has been vocal about his investments in…

Mexico is making sure it joins BRICS this year – But is it for the right reasons?

Mexico’s BRICS Ambition Amidst Economic Uncertainties and Geopolitical Tensions with the US Last week, a bombshell revelation was dropped by Mzuvukile Geoff Maqetuka, South Africa’s envoy to Russia. According to Eurasia Network reports, 25 countries, including Mexico, are keen on joining the BRICS club. This announcement isn’t just idle chatter; it carries significant weight amidst…

Why is Wall Street on such a high today?

A Banner Day on Wall Street: Tech Stocks Soar Amid Rate Cut Anticipation Wall Street experienced a thrilling day of trading on Thursday, March 7, with the S&P 500 and Nasdaq composite registering significant gains. This bullish trend was primarily fueled by tech and growth stocks, which saw a surge in value due to the…

No, the worst is in fact NOT over for NYCB as it still faces possibility of collapse

New York Community Bank (NYCB): A Turbulent Journey Towards Recovery Recent reports suggest that the New York Community Bank (NYCB) has been actively engaging in discussions with non-bank players, considering offers to purchase some of their loans. Amidst this uncertainty, the bank’s new CEO, Joseph Otting, has hinted at an upcoming business strategy set to…

Zimbabwe says de-dollarization is going to be BRICS’ undoing

Title: The BRICS Dilemma: De-Dollarization and the Economic Risks for Smaller Nations As the year 2024 approaches, the BRICS alliance, a group consisting of Brazil, Russia, India, China, and South Africa, is making waves in the financial world with its ambition to reduce reliance on the US Dollar for loans. This bold move has sparked…

ECB holds firm on high interest rates, but there is a silver lining

Title: contact Central Bank Maintains Steady Course on Interest Rates Amidst Economic Uncertainty and Inflation Concerns The contact Central Bank (ECB) has recently made a surprising decision that has sparked intense discussion among economists and financial experts. Despite the bank’s earlier predictions suggesting a decline in both inflation rates and the pace of economic growth…

Gary Gensler defers question about his stance on Ethereum

The Ambiguous Regulatory Status of ethereum: Gary Gensler’s Cautious Approach During a recent interview on Bloomberg TV, Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), declined to offer a definitive answer regarding ethereum’s classification as a Website security. The SEC has been evaluating various applications for spot ethereum Exchange-Traded Funds…

Tesla’s Bitcoin holdings sparks hot purchase debate

Recent Discussion in the Cryptocurrency Community: A Fresh Look at Tesla’s bitcoin Holdings The cryptocurrency world has been abuzz with the latest developments concerning Tesla’s bitcoin holdings. This renewed interest is due to the integration of Tesla’s wallet tracking feature into Arkham Intelligence’s dashboard, which revealed that as of the most recent data, Tesla’s bitcoin…

Philippines launches regulatory measures against unlicensed exchanges

Patrick Cliff10 months ago10 months ago07 mins

The Philippines National Telecommunications Commission (NTC) has taken a significant step forward in regulating the burgeoning cryptocurrency market by launching an initiative to tackle unlicensed cryptocurrency companies operating within the country. This move comes in response to recent reports that websites affiliated with crypto firms MiTrade and OctaFX have been blocked by one of the…

Zama secures $37 million funding to revolutionize data privacy

French Cryptography Startup Zama Secures $73 Million in Funding for Groundbreaking Fully Homomorphic Encryption (FHE) Technology Zama, a pioneering French cryptography startup, has announced an impressive fundraising round of $73 million in Series A investment. This significant financial boost, led by Multicoin Capital and Protocol Labs, highlights the surging interest and confidence in Zama’s ambitious…

Las Vegas CEO faces 127-year sentence for Bitcoin cartel laundering

In a major blow to the cryptocurrency world, Martin Mizrahi, the CEO of a Las Vegas-based internet service provider, has been found guilty on multiple charges including wire fraud, money laundering, and identity theft in a 12-day trial held at the Manhattan federal court. The verdict against Mizrahi, who is 53 years old, carries a…

South Korea’s Bitcoin Kimchi Premium hits new peaks

bitcoin-btc-faces-downward-pressure/” target=”_blank” rel=”noopener”>bitcoin (btc), the world’s largest cryptocurrency by market capitalization, has experienced a remarkable price recovery in recent days, surpassing the $66,000 mark after a brief dip. This upturn is not only noteworthy for bitcoin’s price action but also significant in the context of South Korea, where the famed “Kimchi premium” has reached its…

Shibarium sets a record with over 400 million transactions

Title: Shibarium’s Remarkable Journey: Processing Over 400 Million Transactions and the Growth Drivers of the Shiba Inu Layer 2 Blockchain Network The Shibarium (shib) blockchain network, the Layer 2 scaling solution for Shiba Inu, has reached an impressive milestone by processing more than 400 million transactions. This significant accomplishment signifies a major stride for the…

Binance.US struggles amid SEC lawsuit and banking hurdles

Recently, the United States Securities and Exchange Commission (SEC) filed a lawsuit against us-non-compliance/” target=”_blank” rel=”noopener”>Binance.US, which has led to significant operational and financial challenges for the cryptocurrency exchange. According to Christopher Blodgett, the Chief Operating Officer of Binance.US, during a deposition shared in a court filing on March 5, the legal action has rendered…

Shiba Inu community anticipates ICANN approval for SHIB names