2020 was touted as the “Year of Ransomware." Little changed in 2021 as such attacks continued to target critical infrastructure, extorting bigger sums of crypto.Â
Kenya’s central bank has acknowledged in a recently released document that a central bank digital currency could potentially benefit the country’s financial system. The bank, however, warned that rolling out a CBDC could also pose risks to the same. CBDC’s Impact on Financial Stability The Central Bank of Kenya (CBK) has suggested in a discussion…
[PRESS RELEASE – Singapore, Singapore, 10th February 2022] TRON DAO and BitTorrent Chain (BTTC) are launching the TRON Grand Hackathon 2022, registration begins on February 14th. The Hackathon is part of TRON DAO’s long-term efforts to promote the mass adoption of blockchain technology and innovative cross-chain solutions. The Hackathon’s primary goal is to empower developers […]
Central Bank Digital Currencies (CBDCs), a phenomenon that took over the global financial system in 2021, is now getting popular among African economies.
[PRESS RELEASE – New York, NY, 10th February 2022] Humanode, the first cryptobiometric network where one human = one node, has successfully closed its $2M seed round. Led by Republic Capital, the seed round was supported by institutions such as Tribe Capital, Blizzard – the Avalanche ecosystem fund, Wintermute, GravityX Capital, Shima Capital, Genblock, AU21, […]
[PRESS RELEASE – London, United Kingdom, 10th February 2022] In support of its growing DeFi ecosystem, Flare has announced a recent partnership with Ola Finance, a platform offering customized lending networks. Ola plans to launch a lending network on Songbird – Flare’s canary network – with future plans to deploy on Flare mainnet. This partnership […]
Seven V Global executives have been found guilty of misappropriating 2 trillion KRW ($1.9 billion) in the latest verdict on Friday, as per reports. While the six of them will serve varying jail-time of up to 14 years, former CEO Lee Byung-gul has been sentenced to 22 years in prison. The development comes as prosecutors […]