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Nalezeno "NewsBytes-3": 24

Uganda and Eight Other Nations Join BRICS as Partners in January

27.12.2024
Russia has confirmed that Uganda will become a BRICS partner on Jan. 1, 2025, along with eight other countries: Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, and Uzbekistan. These nations will join the BRICS alliance as partner countries, but won’t have the same rights...

Ethiopia Signals Potential Shift on Cryptocurrency Stance

23.12.2024
The governor of the National Bank of Ethiopia (NBE) has indicated that the bank may issue guidelines for the use of cryptocurrency in the country, suggesting a potential shift in the country’s stance on digital currencies. While cryptocurrency is currently illegal in Ethiopia, the NBE...

Aethir Launches $100M Ecosystem Fund With Blockchain Center Abu Dhabi

15.12.2024
Aethir has partnered with the Blockchain Center Abu Dhabi (ADBC) to foster Web3 innovation in the MENA region. They will focus on advancing AI and gaming projects through Aethir’s $100 million Ecosystem Fund, which includes graphics processing unit (GPU) subsidies and token grants for eligible...

Kenya National Fire Brigades Association Adopts Bitcoin

12.12.2024
The Kenya National Fire Brigades Association (KENFIBA) has become the first labor union in Kenya to adopt bitcoin. This move, facilitated by Proof of Workforce, aims to support the union’s efforts to improve working conditions and emergency response capabilities for firefighters in Kenya....

Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation

12.12.2024
China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald Trump’s presidency. Trump plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper...

Bitoasis Secures Full VASP License From Dubai’s VARA

10.12.2024
Bitoasis, a leading virtual asset platform in the Middle East and North Africa (MENA) region, has received a full virtual asset service providers (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). Securing the full VASP License marks the final step in VARA’s licensing...

BIT Mining Acquires Ethiopian Data Centers and Mining Machines

5.12.2024
BIT Mining (NYSE: BTCM) has agreed to acquire 51-megawatt crypto mining data centers and 17,869 bitcoin mining machines in Ethiopia for $14.28 million. The consideration comprises a cash payment of $2.265 million and the issuance of Class A ordinary shares of the Company with a par value...

Nigerian Crypto Exchange Bitmama Halts Virtual Mastercard Services

2.12.2024
Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges with card services, including fluctuating exchange rates, chargeback fraud,...

Phantom Money: Counterfeit Dollar Bills Haunt Istanbul Bazaar

29.11.2024
Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, with some bureaus halting the purchase of these bills due to issues with identifying fake notes. There are conflicting views on the extent of the problem, with some traders blaming banks...

South Africa Seeks Input on National AI Policy Framework

27.11.2024
The South African government has published a National Artificial Intelligence (AI) Policy Framework, which aims to guide the development and adoption of AI in the country. The framework outlines strategic pillars, including talent development, digital infrastructure, research, and innovation,...

French Users Reportedly Blocked From Polymarket Predictions Market

24.11.2024
Social media reports suggest that Polymarket has blocked French users and warned against attempts to circumvent the block. According to one social media post, Polymarket now includes France-based users on its list of restricted users. Claims that Polymarket is now inaccessible to French users...

Trump’s Dollar Boom Spells Doom for Zambia’s Recovery

14.11.2024
Zambia’s central bank governor, Denny Kalyalya, is sounding the alarm about the strengthening U.S. dollar’s impact on Zambia’s economy. A stronger dollar, fueled by Donald Trump’s election victory, could lead to decreased capital flows, increased inflation, and reduced...

Crypto Kidnapping: Tourist Held Captive, Forced to Transfer $250K in USDT

13.11.2024
A 23-year-old Ukrainian tourist in Phuket, Thailand, was kidnapped and forced to transfer $250,000 in USDT stablecoins (about 8.56 million baht) to two armed robbers. Viacheslav Leibov was threatened with violence until he complied with the robbers’ demands. Initially, the two robbers,...

Zimbabwe Plans to ‘Float’ Rapidly Depreciating Gold-Backed Currency

11.11.2024
Zimbabwe has said it plans to let its rapidly depreciating gold-backed currency, Zig, float freely on the foreign exchange market. A central bank official said this would help the currency achieve price discovery without administrative interference. However, the official did not give a timeline...

Bitcoin Surges Past $80,000 Amid Trump Victory Excitement

10.11.2024
On Sunday, Nov. 10, at 06:58 a.m. EST, Bitcoin soared past $80,000, fueled by enthusiasm over Donald Trump’s electoral win. As of writing, the top cryptocurrency’s rally continues, with the predicted $100,000 possible by inauguration seemingly in range. With this jump, Bitcoin chalked...

Google Fuels Nigeria’s AI Ambitions With Million Dollar Grant

1.11.2024
The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) in Nigeria has announced a $1.7 million (NGN2.8 billion) Google grant to promote artificial intelligence (AI) talent development. This will support the Ministry’s AI initiatives and align with Google.org’s...

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