Business
Yatani suffers blow in higher beer taxes plan
Economy Wednesday May 25 2022 Treasury Cabinet Secretary Ukur Yatani during a past briefing in...
Australia gets its second shot at being a tech nation
TechnologyGrowth NationMay 25, 2022 – 5.00amWith a $1 billion investment fund announced in the run-up to the election, and a tertiary training-based tech skills pledge to add 340,000 additional tech-related jobs into the Australian market by the end of the decade, the new government has an opportunity to turn the nation’s dream of becoming a…
Judge orders lawyer to refund Sh4.4m after client failed to transfer house
Economy Tuesday May 24 2022 Justice Lucy Mbugua. FILE PHOTO | NMG By SAM KIPLAGAT More by this...
India-US ties in true sense a partnership of trust, says PM Modi at Quad
Prime Minister Narendra Modi met US President Joe Biden in Tokyo on Tuesday shortly after holding the Quad Leaders' Summit and said that India and US partnership is a partnership of trust in a true sense. "We took part in a positive and useful Quad Summit today. India and US partnership in the true sense…
Why Bill Gates Won’t Invest in Crypto: ‘It Has No Valuable Output’
Bill Gates, co-founder of Microsoft and the world’s fourth-richest man, has told a Reddit AMA (Ask Me Anything) session why he doesn’t see any point in investing in cryptocurrency. “The value of companies is based on how they make great products,” Gates said. “The value of crypto is just what some other person decides someone…
U.S. Representative Under Ethics Investigation for Crypto Activities
The Congressman may have participated in a pump-and-dump scheme involving a coin named Let’s Go Brandon. Key Takeaways The House Committee on Ethics has launched an investigation into North Carolina Representative Madison Cawthorn. Cawthorn is suspected of insider trading and engaging in an improper relationship with a member of his staff. The news comes six…
Top 3 centralized exchange tokens to buy the dip in
Cryptocurrency companies have also suffered from the ongoing winter in the digital currencies industry continues. This explains why the Coinbase stock price has crashed by over 84% from its all-time high. Similarly, centralized exchange tokens (CET) have all retreated sharply in the past few months. Here are some of the best CET cryptocurrencies to buy.…
Decred blockchain introduces new cross-chain, SPV-based wallet: GoDCR
Related News Decred (DCR), a community-directed cryptocurrency designed to be a superior store of value, today announced it has been listed on crypto exchange, OKCoin — marking Decred’s first fiat-pairing in the U.S. where OKCoin is… Read more Decred (DCR) a cryptocurrency altcoin with built-in governance today announced the launch of Politeia, the much-anticipated project…
Kenya Airways suspends ticketing in Malawi over biting dollar shortage
Shipping & Logistics Monday May 23 2022 A Kenya Airways aircraft at JKIA. FILE PHOTO | NMG By...
Duty hike to hurt 90,000 tn of exports monthly: ArcelorMittal Nippon Steel
ArcelorMittal Nippon Steel India Ltd expects about 90,000 tonnes of steel exports every month to be hit by government’s duty increase, alongside a dampening effect on fresh investments Topics Indian export | Investments | government of India Reuters | MUMBAI Last Updated at May 23, 2022 16:35 IST ArcelorMittal Nippon Steel India CEO Dilip Oommen MUMBAI (Reuters) – ArcelorMittal…
Court reduces Githongo fine for Murungaru graft link to Sh10m
Economy Monday May 23 2022 Mr John Githongo, a former Ethics and Governance permanent secretary....
CFTC Charges Two Men Behind $44 Million Crypto Ponzi Scheme
The United States Commodity Futures Trading Commission (CFTC) has charged two U.S. residents and their entities for running a cryptocurrency investment scheme that defrauded over 170 investors. CFTC Charges Two Men for $44M Crypto Scam In an official press release, the CFTC alleged that the defendants, Sam Ikkurty and Ravishankar Avadhanam, had fraudulently solicited a…
Delphi Digital Explains How the LUNA-UST Fiasco Harmed the Firm
The cataclysmic fall of the Terra ecosystem last week wiped nearly $40 billion off the cryptocurrency market, leaving UST and LUNA investors (both retail and investment firms) in severe losses. As those affected by the crash are seeking ways to either move on or take legal action against Terra’s Do Kwon, leading crypto research and…
Starbucks Will Exit Russia, Close 130 Cafes
Topline Starbucks will close all its business in Russia, the company announced in a note to employees Monday, becoming the latest multinational firm to sever ties with the country following its invasion of Ukraine. Customers buy coffee on the opening day of Russia’s first Starbucks in Moscow in 2007. AFP via Getty Images Key Facts…
Gate2Chain is all for mainstream adoption
Digital currencies, blockchain, and regulations are hot topics in the fintech industry today. NFTs have become quite a common occurrence, and several countries have while the rest are planning to launch their central bank digital currencies (CBDCs). Investors, traders, and developers occupy most real estate in the digital currency space. In our recent conversation, Gate2Chain…
Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account
Links posted to a fake Louis Vuitton non-fungible token (NFT) raffle were made to capitalize on a recent real collaboration between Beeple and the luxury fashion brand. 1668 Total views 37 Total shares Digital artist and popular non-fungible token (NFT) creator Mike Winkelmann, more commonly known as Beeple, had his Twitter account hacked on Sunday,…
Gamblers win Sh380bn through SportPesa bets
Economy Monday May 23 2022 SportPesa Mega Jackpot Bonus winner Wilberforce Masika who bagged Sh11...
Election 2022: Tech sector wants bigger seat at Albo’s table
“We have had members tell us that it was taking up to 90 days for visas to be processed, and we need to have this reduced to under 30 days. Businesses cannot wait three months for workers to meet current demands and grow their businesses, and the talent won’t wait that long if they can…
Four questions for our new PM that will define Australia’s future
1. Where will Australia purposefully become a world leader in the coming decades?From Wi-Fi to ultrasounds to nuclear fusion, Australia is capable of technology breakthroughs that spawn entire industries.But these breakthroughs didn’t arrive as fully formed products. They followed decades of breakthrough R&D investment.We’ve made a start by outlining several priority sectors in the 2021…
Top 3 Coins to Watch Today: XVG, ANKR, CRV – May 23 Trading Analysis
Let’s take a closer look at today’s altcoins showing breakout signals. We’ll explain what the coin is, then dive into the trading charts and provide some analysis to help you decide. 1. Verge (XVG) Verge XVG is a privacy-focused cryptocurrency and blockchain that seeks to offer a fast, efficient, decentralised payments network that improves on the original Bitcoin blockchain. It includes additional…
Co-op unveils rate for foreign currency loans
Companies Monday May 23 2022 Co-operative Bank branch along Haile Selassie Avenue, Nairobi. FILE...
3 relatively small projects to watch in P2E gaming
Play to Earn or P2E is expected to see massive investments in the coming months. In fact, Andreessen Horowitz, one of the leading VC firms in crypto, has set aside over half a billion dollars to invest in P2E. So, why should you even bother with these projects? Here are some reasons: P2E is going…
Moderna looks beyond Covid vaccines for Kenya factory
Companies Sunday May 22 2022 The government now says Moderna’s Sh57.5 billion vaccine plant...
SIAM seeks reduction in CNG prices, import duty cut on raw materials
Auto industry body SIAM on Sunday sought a reduction in CNG prices and import duties on certain raw materials for steel and plastic products while welcoming the government’s decision to lower the petrol and diesel prices. “Auto industry welcomes the government’s move to lower the prices of petrol and diesel. It will help ease the…
Market Watch: Bitcoin Below $30K, About to Close 8 Consecutive Week in Red
Despite challenging $30,000 yesterday at one point, bitcoin was unable to overcome it and remains stuck below that line. Most altcoins are quite calm on a daily scale, with a minor increase from BNB and a more substantial jump from NEAR Protocol. Bitcoin Stands Still Below $30K Last week was a highly emotional and fluctuating…
Bitcoin’s Pizza 12th Anniversary: 2 Pizzas for 10,000 BTC
On May 22, the cryptocurrency community celebrates international Bitcoin Pizza Day. Less than two years after Satoshi Nakamoto published the nine-page Bitcoin whitepaper, Laszlo Hanyecz legitimized the use of cryptocurrency with the purchase of two pizzas for 10,000 BTC. Bitcoin Pizza Day There are thousands of cryptocurrencies, but Bitcoin, even to this day, remains an…
