Tag: top news

OpenAI pulls down AI-detection software amidst low accuracy rate claims

OpenAI has discontinued its AI-detection software citing low accuracy ChatGPT's performance has been on a decline in the recent past, raising concerns about...

Enhancing cryptocurrency knowledge in Africa

Part of the problem surrounding cryptocurrency adoption in Africa, besides the lack of reliable and affordable internet, particularly beyond urban areas, is the...

Alphapo hot wallets hacked, $31 million stolen

Cryptocurrency payment platform Alphapo has suffered a loss of at least $31 million from its hot wallets Investigations are ongoing, and a possible...

Twitter bids farewell to bluebird as Elon Musk rebrands it to X

Social media platform Twitter has rebranded to X, adopting a new logo and colour scheme Elon Musk envisions X as an "everything app"...

Kuwait virtually bans all cryptocurrency transactions

Kuwait's CMA has banned major cryptocurrency operations like payments, investments, and mining Local regulators are barred from licensing virtual asset services as a...

Bitcoin halvings: an outlook into the past and future projections

Cryptocurrency miners get rewards with a portion of the currency every time they contribute new entries to the Bitcoin blockchain. This is known as the block reward. Bitcoin halvings remain an integral component of the protocol. They cut the block reward by half every 210,000 blocks. Due to the dynamic character of the Bitcoin blockchain, it is difficult to predict when future halvings will occur precisely.

ETH founder Vitalik Buterin speaks against SEC undermining attempts on the Solana token

In June 2023, the US SEC labelled the SOL token as an unregistered security in separate lawsuit files. Vitalik Buterin, Ethereum's CEO,...

Binance Academy partners with Coursera to provide crypto classes

Since 2020, Binance Academy has provided free crypto classes to over 400,000 Africans. In Q1 2021, Binance Academy hosted an eight-week...

Standard Bank Group declares interest in the crypto market

Despite the 2022 crypto crash, the Standard Bank Group supported the CBDC initiative in Africa. In 2021, the Standard Bank Group successfully trailed...

The TON foundation introduces an on-chain messaging feature

The Open Network(TON) Blockchain system, formerly known as the Telegram Open Network, is a salable layer-1 blockchain network. TON system has released an...

How to prevent the threatening SIM Swap hacks

SIM swap attacks are a rising concern, giving hackers unauthorized access and causing financial losses SIM Swap hacks are when cybercriminals take control...

National Australia Bank boycott cryptocurrency over scam risk claims

National Australia Bank (NAB) will block payments to certain cryptocurrency platforms due to high scam risk Other major Australian banks have also blocked...

Elon Musk launches new Artificial Intelligence company xAI

Tesla and Twitter owner Elon Musk has announced the launch of an Artificial Intelligence firm, xAI aiming to unravel the nature of the...

Google Play Store to allow NFT games, bans NFTs promoting gambling

Google Play Store has announced it will allow NFT games from video game developers Google also insisted they will not allow NFT games...

The Internal Revenue Sercices forces Kraken Exchange to surrender user information

In 2022, Kraken had to let go of 1100 employees to regain stability following the crypto crash effects The US SEC soon targeted...

KuCoin exchange introduces a new KYC system

During the first quarter of 2022, the KuCoin exchange received a $150 million pre-Series B funding round from several investors. On June...