African News
Bybit lists Notcoin for pre-market trading—here’s everything you need to know
Bybit, a prominent crypto exchange based in the United Arab Emirates, recently made an exciting announcement regarding the listing of Notcoin ($NOT), a meme coin with a significant presence within the Telegram ecosystem. The Pre-Market Trading platform of Bybit, an over-the-counter (OTC) trading solution tailored for new tokens prior to their official listing, welcomed $NOT…
Philippines announce plans to block access to Binance exchange
The Philippines Intends to Block Access to Binance: SEC’s Apprehensions and Regulatory Action The Securities and Exchange Commission (SEC) of the Philippines has announced its intentions to prevent local users from accessing Binance, the world’s largest cryptocurrency exchange. This decision comes in response to concerns regarding Binance’s unlicensed operations within the country. The SEC has…
Hong Kong’s SFC intensifies its war against illegal exchanges
Hong Kong’s Securities and Futures Commission (SFC) Issues Alert Against Suspicious Crypto Trading Platform HKCEXP The Hong Kong Securities and Futures Commission (SFC) has recently taken action against a suspicious crypto trading platform named HKCEXP, which has been falsely claiming registration with the regulatory body. This development comes at a critical juncture as the SFC…
CommEx set to halt operations as it suspends deposits
CommEx Announces Operational Suspension: A Significant Development in the Cryptocurrency Industry CommEx, the Russian counterpart of Binance, has recently made an announcement that has left a significant impact on the cryptocurrency industry. Following CommEx’s acquisition of Binance’s Russian business in an undisclosed deal back in September 2023, the platform has decided to cease operations. The…
U.S. has been keeping a close eye on BRICS and its plans
The Global Economic Landscape: A New Dawn for BRICS and the US Dollar A Bold Shift in Global Economic Power: The BRICS Bloc at the Forefront The global economic landscape is poised for a significant transformation, with the BRICS bloc playing a pivotal role in this potential seismic shift. The United States remains vigilant and…
XRPL considers a Canary Network amidst technical challenges
Discussions surrounding the potential establishment of a Canary Network for the XRP Ledger (XRPL) have gained traction among the blockchain’s developer community. This initiative, spearheaded by Wietse Wind, co-founder of Xumm Wallet, aims to create a reliable testing environment for the layer-1 blockchain. The proposal comes as a response to the recent critical bug that…
OpenAI Stuns Hollywood Directors with Revolutionary Video-Generating System
In a groundbreaking development that is set to redefine the future of filmmaking, OpenAI, the leading artificial intelligence (ai) research organization, has presented its revolutionary video-generating system to a select group of Hollywood directors. This groundbreaking demonstration marks a significant milestone in the integration of ai into the film industry as it strives to keep…
Half of U.S. now in recession as dollar’s depreciation persists
The Economic Reality: A Harsh Winter for Half of the United States In these trying times, it’s not just idle gossip that fills the airwaves and the streets—it’s a harsh economic reality. The United States, once a beacon of prosperity and stability, now grapples with an unforgiving economy marked by slowdowns and financial setbacks. This…
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…