Weekly Digest

Prepare for Change: How Jerome Powell’s Rate Cut Talk Could Rock the Financial Markets

Jerome Powell's recent statements suggest a shift in Fed policy, potentially leading to an unprecedented cut to address current economic conditions. Current economic...

Blockchain Meets Mobile: Phēnix X Launch in Zambia Marks a New Era for Technology

The Phēnix X blockchain phone is now available in Zambia through a partnership between BitMobile South Africa and The Device Store. The phone...

From Corruption to Clarity: Lagos’ Bold Move to Modernize Land Registry with Blockchain

Lagos Land Registry adopts blockchain technology, enhancing transparency and security. Digital twins provide a secure and immutable record of property transactions. Other African...

Binance Enhances OCBS Service with Mobile Money, Promoting Crypto in Africa

Binance added mobile money to its One Click Buy and Sell (OCBS) service in Africa. The feature simplifies buying and selling cryptocurrencies via...

AIIB Integrates Blockchain with $300 Million Digital Bond, Enhancing Market Efficiency

The AIIB digital bond has raised $300 million, creating quite a headstart for its first blockchain-based digital bond issuance. This initiative highlights blockchain's...

Preserving Academic Integrity with Agentic Modelling in the AI Era

Introducing a new AI approach that mimics human decision-making to combat educational AI cheating. Large language models (LLMs) for assignments threaten academic integrity as cheating becomes more common. Agentic modelling provides advanced detection capabilities to maintain academic integrity and preserve essay writing value. As a new academic term begins,...

Germany’s Anti-Money Laundering Efforts Intensify: 13 Crypto ATMs Seized in Recent Raids

German authorities seized 13 crypto ATMs and €250,000 in cash in a significant anti-money laundering operation.  Simple access to cryptocurrencies has raised regulatory concerns due to money laundering threats.  Strict AML regulations ensure transparency and prevent illegal activities. In a significant crackdown on potential money laundering activities, German authorities recently seized 13 crypto ATMs and €250,000 in cash...

Navigating Digital Twin Ownership: The Metaverse’s Next Big Legal and Ethical Hurdle

Interoperability, secure biometric verification, and legal and ethical issues are crucial. The metaverse relies on digital twins and detailed virtual replicas of users to create and improve virtual interactions and experiences. The metaverse's effectiveness depends on who owns and manages digital twins, which affects privacy, data security, and ethics. The metaverse,...

Gora’s Breakthrough with Google: Enhancing Blockchain Oracles and Smart Contract Reliability

Gora and Google partnership accelerates the growth of the blockchain oracle network. Gora's participation in Google's Web3 Startup Program provides funding, technical support,...

UAE’s Falcon Gate Ventures Rolls Out $100M Fund to Support Web3 and Blockchain Projects

Falcon Gate Ventures launched the $100 million Web3 innovation fund to support global Web3 activities, boost creativity, and make the UAE a leading digital center. Gate Ventures and the Abu Dhabi Blockchain Center share blockchain, digital assets, and regulatory compliance expertise. In collaboration with authorities, the initiative balances innovation and user safety to ensure blockchain technology's security. In a groundbreaking move set to revolutionize the digital economy, Gate Ventures and the Abu Dhabi Blockchain Center have announced the...

Story Protocol’s $80M Series B Fuels Blockchain Innovation for IP Protection

Story Protocol uses blockchain technology to protect IP and provide writers with fair remuneration in the AI future. A Series B investment round...

Ghana Moves to Regulate Crypto Market: BoG Announces New Draft Guidelines for Exchanges

The Bank of Ghana (BoG) has introduced draft guidelines to regulate cryptocurrency exchanges in the country. Cryptocurrency exchanges, or Virtual Asset Service Providers...

Bitwise Expands to Europe with ETC Group Acquisition, Set to Lead in Crypto ETFs

Bitwise Asset Management enters the European bitcoin market by acquiring ETC Group, broadening its worldwide influence. Aiming to mirror US success in Europe,...

Samsung’s OLED Tech Meets Microsoft’s Mixed Reality: New Era of Metaverse Hardware

Microsoft is partnering with Samsung to develop new metaverse hardware to rekindle interest in the metaverse space. The partnership aims to develop cutting-edge...

Mastercard and Scale Team Up to Drive Financial Inclusion and Innovation in Africa

Mastercard and Scale fintech's relationship seeks to expand fintech services and financial inclusion across Africa and the Middle East. A...

SEC Lawsuit Hits Hard: DraftKings Scraps NFT Marketplace Overnight

Legal issues and a class action lawsuit claiming NFTs as unregistered securities have caused the DraftKings NFT platform to stop operating. The case...