Category: Cryptocurrency
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🇺🇸 Elon Musk and the Rise of the 19-Year-Old Disruptors: Reshaping the U.S. Government Under Trump’s Return
In a world where billionaires already wield unprecedented influence over global economies, technology, and even space exploration, Elon Musk has taken his ambitions to a new level. With Donald Trump’s return to the White House, Musk has secured an official role as a Special Government Employee, heading the newly established Department of Government Efficiency. But…
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The Rise of Memecoins in Africa: Opportunities, Risks, and Market Potential Through 2030
The year 2024 witnessed an unprecedented surge in the popularity of memecoins, with their combined market capitalization surpassing $130 billion. These cryptocurrencies, often inspired by internet memes and cultural references, have captivated investors worldwide. In Africa, the memecoin phenomenon has gained significant traction, leading to the emergence of region-specific tokens that resonate with local communities.…
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Don’t Let Market Noise Shake You: Michael Saylor’s Case for Holding Bitcoin Through the Chaos
In the ever-volatile world of cryptocurrency, the Bitcoin market remains one of the most unpredictable and anxiety-inducing spaces for investors. Prices can swing dramatically within hours, sparking panic among those unprepared for the emotional rollercoaster. Yet, according to Michael Saylor, executive chairman of MicroStrategy, the key to unlocking Bitcoin’s astronomical potential lies not in panicking…
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First criminal crypto tax evader in US sentenced to two years in prison
Quick Take An Austin, Texas, man received a two-year sentence for falsely underreporting capital gains earned from selling $3.7 million in bitcoin — marking the first criminal tax evasion prosecution centered entirely on cryptocurrency. The false tax returns were filed by Frank Richard Ahlgren III between 2017 and 2019. They did not report or underreported…
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🇳🇬 Almost 800 arrested over Nigerian crypto-romance scam
Nigeria’s anti-graft agency said it had arrested 792 suspects in a raid on a building believed to be a hub for fraudsters who lured victims with offers of romance, then pressed them to hand over cash for phoney cryptocurrency investments. The suspects, including 148 Chinese and 40 Filipino nationals, were detained on Dec. 10 at…
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Special Report: The Future of Technology Innovation in Africa—A Focus on Kenya
As the world races to adapt to the rapidly evolving digital economy, Africa stands at a crossroads, with technological innovation emerging as a crucial avenue for solving pressing challenges, including job creation. In East Africa, Kenya has positioned itself as a leader, particularly in its capital, Nairobi, which is rapidly becoming the region’s tech hub.…
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XRP, DOGE Lead Crypto Losses as Weekend Pullback in Bitcoin Causes $500M Liquidations
BTC dropped more than 3.5% from its peak, as profit-taking led to a pullback from the near $100,000 mark late Friday. What to know: Bitcoin (BTC) pared last week’s gains with a price drop from $98,500 to as low as $95,500 during late U.S. hours on Sunday, before recovering, in a move that sent the…
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Google Exposes GLASSBRIDGE: A Pro-China Influence Network of Fake News Sites
Government agencies and non-governmental organizations in the United States have become the target of a nascent China state threat actor known as Storm-2077. The adversary, believed to be active since at least January 2024, has also conducted cyber attacks against the Defense Industrial Base (DIB), aviation, telecommunications, and financial and legal services across the world,…
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The Rise of African and African-American Tech Companies: Market Disruptors with Cultural Roots
The tech industry is seeing a transformative wave led by African and African-American entrepreneurs who are reimagining digital solutions to address global challenges while celebrating cultural identity. Companies like Fanbase, BlueSky, Spill App, and panafrican.email are reshaping their respective niches with innovative platforms, strategic funding, and a strong focus on underserved markets. Fanbase: Monetizing Authenticity…
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𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .