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Category: Cryptocurrency

Robinhood rolls out crypto API for US traders

Stock trading app Robinhood announced the release of its crypto trading application programming interface (API) for users based in the United States. On May 30, the investing app revealed its attempt to tap into seasoned crypto traders through an API. The crypto trading API allows US-based traders to set up automated trading strategies. Robinhood believes…
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May 30, 2024
Tanzania considers introducing single-payment tax system to improve business environment

This initiative aims to address the current tax system where businesses face multiple payments to different government institutions, including the Tanzania Revenue Authority (TRA) and local councils, a practice that has been criticized by entrepreneurs as cumbersome and expensive. “We have already heard the complaints and the government continues with discussions to establish a single…
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May 13, 2024
Ghana to become the first African government to use blockchain technology to combat corruption

🇬🇭 Blockchain technology can identify and detect any changes in digital data to track governmental transactions. Implementing this measure will enhance transparency and empower the government to eradicate corruption, the country’s Vice President Mahamudu Bawumia explained. Furthermore, he urged African anti-corruption agencies to implement digital forensics and tools as they will help trace and distract…
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May 11, 2024
Saudi Arabia to Become Leader in Crypto Industry in Next 10 Years

Saudi Arabia is suitable for projects that are looking for a place where they can develop and implement their ideas and for ordinary representatives of the crypto community who want to conduct their activities openly and transparently. Today, you can watch the history of cryptocurrencies formation as an international means of payment and at the…
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April 25, 2024
David v. Goliath: Small language models challenge Big Tech’s AI giants

Community-owned small language model project introduces a framework for incentivized data sharing, aiming to redefine AI development and user interaction. Assisterr targets the monopolization of AI by Big Tech, advocating for data ownership and the democratization of AI through community-owned small language models (SLMs), which offer tailored and efficient solutions. The debate on whether artificial…
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April 9, 2024
Google Sues App Developers Over Fake Crypto Investment App Scam

Google has filed a lawsuit against two app developers for engaging in an “international online consumer investment fraud scheme” that tricked users into downloading bogus Android apps from the Google Play Store and other sources and stealing their funds under the guise of promising higher returns. The individuals in question are Yunfeng Sun (aka Alphonse…
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April 8, 2024
Hackers Exploit Magento Bug to Steal Payment Data from E-commerce Websites

Threat actors have been found exploiting a critical flaw in Magento to inject a persistent backdoor into e-commerce websites. The attack leverages CVE-2024-20720 (CVSS score: 9.1), which has been described by Adobe as a case of “improper neutralization of special elements” that could pave the way for arbitrary code execution. It was addressed by the company as part of…
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April 8, 2024
10 Wildly-Successful Blogs That Earn Outlandish Incomes

In an astounding feat of bits and bytes, the internet buzzes with activity, teeming with thousands of terabytes of digitized information flowing every minute. It is a spectacle of data whizzing around the globe, invisible to the naked eye, but conveyed in the digital algorithms and lossless-compression systems that allow us to instantly see, chat and…
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April 6, 2024
BRICS Contemplates Standard Currency for Intra-Trade Transactions

🌍 According to sources within Telegram channels, BRICS is considering the introduction of a standardized currency for purchasing select groups of goods among member countries. The proposed plan includes utilizing the yuan for acquiring technological products from China, the rial for procuring oil from Iran, the rupee for transactions involving gold and jewelry from India,…
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April 5, 2024
Detained Binance executive in court on Nigerian tax, money laundry charges

🇳🇬 One of the two executives from Binance, the world’s largest cryptocurrency exchange, detained in Nigeria appeared in an Abuja court on Thursday to face tax evasion and money laundering charges. Binance and two of its executives Tigran Gambaryan, a U.S. citizen and Binance’s head of financial crime compliance, and Nadeem Anjarwalla, a British-Kenyan who…
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April 5, 2024