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Category: Fin Tech

Data on 2.9 Billion People Leaked on Dark Web After One of the Largest Breaches in History

Criminals have posted on the dark web a database containing data on 2.9 billion people, offering to sell it for $3.5 million, according to a lawsuit filed in Florida. Very few data breaches have the dubious honor of being among the largest in history. According to a Bloomberg Law report, the information posted on the dark…
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September 1, 2024
Is Telegram actually a crypto company?: A Game-Changer for Digital Finance

In a surprising turn of events, Telegram, the messaging app renowned for its privacy features and secure communication, has quietly emerged as a significant player in the cryptocurrency space. While the platform has long been a favorite among tech-savvy users and privacy advocates, recent financial disclosures have unveiled a new facet of Telegram’s operations that…
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August 31, 2024
Styx Stealer Creator’s OPSEC Fail Leaks Client List and Profit Details

In what’s a case of an operational security (OPSEC) lapse, the operator behind a new information stealer called Styx Stealer leaked data from their own computer, including details related to the clients, profit information, nicknames, phone numbers, and email addresses. Styx Stealer, a derivative of the Phemedrone Stealer, is capable of stealing browser data, instant messenger…
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August 21, 2024
El Salvador has launched a Bitcoin certification program to train 80,000 government employees

El Salvador has launched a Bitcoin certification program to train 80,000 government employees in strategic management and public policy related to Bitcoin. The initiative, led by the National Bitcoin Office, aims to enhance the nation’s Bitcoin-driven economy and governance standards.
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August 21, 2024
“Where to invest in Africa”: Top 5 African countries most attractive for investment

The report, “Where to Invest in Africa,” compiled and published by South Africa’s second-largest bank, First National Bank (FNB). The ranking is based on the consideration of 20 indicators divided into four groups. These are current economic performance and potential, market accessibility and level of innovation, economic stability and investment climate, social conditions and human…
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August 9, 2024
Robinhood’s Q2 crypto revenue skyrocketed by 161% to $81 million, more than double its earnings from equities.

Robinhood’s Q2 crypto revenue skyrocketed by 161% to $81 million, more than double its earnings from equities. Despite a dip in user activity and a 27% drop in total trades, Robinhood’s crypto assets under custody rose by 57%. The firm is also set to acquire crypto exchange Bitstamp and expand its AI capabilities with the…
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August 9, 2024
Top 10: Sustainable Banks

Fintech and panafrican.email takes a look at the top 10 most sustainable banks globally, highlighting their sustainable banking practices and initiatives Banks have the potential to play a pivotal role in promoting sustainability through their lending, investment, and governance practices. By prioritising environmentally and socially responsible projects, banks can drive significant positive change in various…
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August 5, 2024
Plunder Capitalism: A Threat to Africa’s Financial Sovereignty and the Pan-African Dream

The recent discussion on “Pan African Email” regarding the privatization of the U.S. government raises a critical point: the insidious nature of plunder capitalism. This exploitative economic model, where corporations and a wealthy elite extract wealth from nations and their resources, has a long and devastating history in Africa. Here’s how plunder capitalism operates and…
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August 3, 2024
Feds Colluded With Big Banks to Spy on Americans’ Financial Transactions

The federal government conducted “broad,” “unjustified” surveillance of the private financial transactions of millions of Americans in the wake of events that took place on Jan. 6, 2021, at the U.S. Capitol, according to a report issued Wednesday by the U.S. House of Representatives Select Subcommittee on the Weaponization of the Federal Government. The report…
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July 29, 2024
AlJazeera: The New World Economic Order?

Economic integration and globalisation, the free flow of trade, with the United States at the helm: that is the economic order the world has known for decades. Today, the disintegration of the rules-based old world order is evident. Countries are becoming more inward-looking, regulatory fences have been erected, the World Trade Organization is in limbo,…
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July 23, 2024