African News
Spain temporarily suspends Telegram over copyright issues
The Spanish High Court has ordered a provisional suspension of the operations of Telegram, the widely-used messaging app, starting from March 25, 2024. The directive was issued in response to complaints filed by several media companies, including Atresmedia, EGEDA, Mediaset, and Telefonica. These firms asserted that Telegram had facilitated the unauthorized distribution of their content….
Email scam nets millions from FTX, BlockFi creditors’ wallets
A highly advanced email phishing scam, which has managed to amass millions of dollars in cryptocurrencies and Non-Fungible Tokens (NFTs) from unsuspecting victims, has come to light. This sophisticated operation targeted creditors of two bankrupt crypto firms, BlockFi and FTX, exploiting their vulnerabilities during a time of great instability in the cryptocurrency market. The scheme…
No Ban on anonymous crypto wallets in EU, expert confirms
The contact Union (EU) and its approach to cryptocurrency anonymity have become a topic of extensive discussion in recent times. Amidst the rumors of potential regulations, industry expert Patrick Hansen has provided valuable insights into this matter, bringing much-needed clarity to the situation. Contrary to speculations of an outright ban on anonymous crypto wallets and…
Former Lordstown Motors CEO settles with the SEC
Steve Burns, the Former CEO of Lordstown Motors, Settles with SEC over Alleged Misrepresentation of Endurance Pickup Truck Demand Steve Burns, the founder, chairman, and former CEO of Lordstown Motors, has reached a settlement with the U.S. Securities and Exchange Commission (SEC) regarding allegations that he misled investors about the demand for Lordstown Motors’ all-electric…
Japanese crypto influencer discusses Ethereum’s EIP 4844
Mai Fujimoto’s Perspective on Ethereum’s Scalability Solution EIP 4844 and the Promise of Zero-Knowledge Rollups Mai Fujimoto, a renowned figure in the Japanese crypto community and co-founder of Intmax, has shared her insights on Ethereum’s ongoing pursuit for scalability solutions, with a particular focus on Ethereum Improvement Proposal (EIP) 4844, also known as proto-danksharding. In…
Akon cautions fans against requesting for crypto-related content
Acclaimed musician Akon, known for his musical prowess and previous involvement in the ambitious project of building a futuristic city in Senega, has recently addressed his fan base regarding cryptocurrency-related requests. In a video shared on a popular video-sharing platform, the artist urged his followers to refrain from asking him for any content related to…
Nigeria’s crypto fee hike predicted to foster innovation
Amidst the ever-evolving landscape of Nigeria’s crypto market, recent regulatory proposals have ignited intense debates among industry experts and stakeholders in the country. The proposed enhancements to crypto registration fees and government restrictions on peer-to-peer (P2P) platforms have sparked concerns, but also shed light on potential opportunities for collaboration and innovation. Nigeria’s SEC Proposes a…
BRICS invites all countries to join it in killing US dollar
The Global Financial Landscape: A New Dawn for BRICS and the World As we stand on the precipice of a new era, the international financial landscape is poised for a significant transformation. At the forefront of this shift are the BRICS nations, boldly inviting members to join them in an endeavor that could potentially alter…
Unraveling the Mirage: The Truth Behind Large Language Models’ Emergent Abilities
In the Rapidly Evolving World of artificial intelligence (ai): A Deep Dive into the Gradual and Predictable Progression of Large Language Models (LLMs) A New Perspective on the Emergence of Abilities in Large Language Models The landscape of artificial intelligence (ai) is constantly evolving, and large language models (LLMs) have been hailed as groundbreaking tools…
Innovative AI Startup Introduces ‘Nursebots’ to Provide Emotional Support
Revolutionizing Patient Interactions: The Empathetic Nursebots In an unprecedented alliance between the healthcare and technology sectors, medical startup Hippocratic ai and tech titan NVIDIA have teamed up to create a new breed of nursebots. These innovative “nursebots,” as termed by Popular Science, are poised to disrupt patient interactions in healthcare, potentially fostering emotional connections like…
Why is the Biden administration coming after Elon Musk now?
Elon Musk, the billionaire entrepreneur and CEO of SpaceX and Tesla, has once again found himself in the legal spotlight, this time facing off against the Biden administration over his social media use. Musk’s recent actions have raised questions about his freedom of speech and the SEC’s regulatory reach, leading to a high-stakes legal performance…
London woman convicted in $4.3B Bitcoin laundering scheme
London Resident Jian Wen’s Conviction for Money Laundering Operation Involving $4.3 Billion in Bitcoins: A Meticulous Five-Year Investigation Jian Wen, a resident of London, has recently been convicted for her involvement in an intricate money laundering operation involving bitcoins worth over $4.3 billion. The Metropolitan Police’s five-year investigation into this financial crime has come to…
Ripple lawyers challenge SEC chair on crypto stance
Recent Criticism Against SEC Chair Gary Gensler: Pro-XRP Lawyers Speak Out Amidst a flurry of critiques from the cryptocurrency community, prominent pro-XRP lawyers have expressed strong opposition towards SEC Chair Gary Gensler. They have accused him of lacking leadership and unfairly targeting the crypto industry due to his recent remarks on the necessity of public…
Worldcoin Foundation makes its Orb technology open source
worldcoin Foundation Open-Sources Key Components of Its Orb Technology: A Commitment to Trust, Transparency, and Collaboration worldcoin Foundation, the organization responsible for the development of a digital asset protocol led by OpenAI co-founder and CEO Sam Altman, declared on July 14, 2023, its intention to open-source core components of its Orb technology. This significant move…
Cathie Wood lauds Bitcoin’s use cases in emerging markets
Ark Invest CEO Cathie Wood Discusses the Multifaceted Role of Bitcoin, Particularly in Emerging Markets Cathie Wood Hails Bitcoin’s Significant Use Cases, Particularly in Emerging Markets During a fireside chat at the recent Friday Bitcoin Investor Day conference in New York, Cathie Wood, CEO of Ark Invest, referred to Bitcoin as a “financial super highway.”…
United Kingdom court convicts resident for money laundering
A London Resident Faces Legal Consequences for Money Laundering with Over $4.3 Billion in Bitcoins In a recent development, Jian Wen, a resident of London, has been brought to justice by the United Kingdom’s legal system after being discovered in possession of bitcoins valued at an astonishing $4.3 billion. Wen’s involvement in a money laundering…
United Nations discusses the involvement of North Korea in crypto heists
Unraveling North Korea’s Crypto Heists: A $3 Billion Source of Foreign Currency for Weapons Development The latest United Nations (UN) report sheds new light on the illicit activities of North Korean cyber actors in the realm of cryptocurrency. The UN panel of experts estimates that 50% of the country’s foreign currency earnings since 2017 have…
Is India planning to break away from the BRICS? For U.S.?
A Complex Tale of Geopolitics and Economics: India’s Shift from BRICS to the U.S. The whispers and headlines surrounding India’s potential departure from its BRICS allies have created a cacophony of speculation. This isn’t just an intriguing piece of gossip; it’s a multifaceted narrative that interweaves economics, international relations, and the intricate tapestry of geopolitics….
BlackRock may pause Ethereum ETF plans over client demand
BlackRock’s Potential Shift in Digital Asset Strategy: Ethereum ETF on Hold Amid Regulatory Uncertainties and Client Preferences BlackRock, the world’s largest asset manager, has expressed tentative plans to reconsider its application for an Ethereum Exchange-Traded Fund (ETF) following the successful launch of its Bitcoin ETF in January 2024. During the Bitcoin Investor Day conference in…
XRPL launches AMM feature, opening new passive income avenues
The XRP Ledger (XRPL), a decentralized financial (DeFi) platform, has made a major stride in its evolution with the introduction of an Automated Market maker (AMM) feature. This development went live on March 22, as announced by the RippleX team. The implementation of this non-custodial AMM marks an essential advancement in the XRPL decentralized exchange…