The payment ecosystem in Africa has slowly evolved from a cash-based system to incorporate the digital payments we see today. However, despite this progress, the majority of transactions occurring on the continent are still cash-based. In order to overcome the limitations of the traditional payment infrastructure, Zone, a groundbreaking fintech company, has established Africa’s first regulated Layer-1 blockchain network for
Bitcoin, the world’s first decentralized digital currency, recently celebrated its 15th anniversary. Since its inception in January 2009, Bitcoin has fundamentally revolutionized the financial landscape, paving the way for the emergence of cryptocurrencies. This article explores the key milestones and significant events that have shaped Bitcoin’s journey over the past 15 years. The First Bitcoin Transaction One of the most
With hackers and fraudsters constantly devising new strategies to exploit vulnerabilities in the crypto ecosystem, investors are increasingly at risk of having their funds stolen. Cybersecurity has become a major concern as the popularity of cryptocurrencies continues to grow. The decentralized nature of blockchain technology adds a layer of complexity, making it a challenging landscape to navigate safely. The emergence
Scientists Develop Breakthrough Semiconductor SyQuantum networking, a field that holds great promise for secure communication, has faced a fundamental challenge: the reliance on expensive lasers and additional equipment. However, scientists from Heriot-Watt University in Edinburgh have developed a revolutionary semiconductor system that addresses this issue, marking a significant milestone in the advancement of quantum communications. The Current State of Quantum
Google has announced its plan to invest $1 billion in constructing a state-of-the-art data center just outside of London, as it aims to address the rising demand for internet services in the region. The 33-acre (13-hectare) site, acquired by Google in 2020, will be transformed into a cutting-edge facility located in Waltham Cross, a town situated approximately 15 miles north
The world of crypto venture capital is experiencing a recovery, and investors are seeking more liquid and growth-ready startup opportunities. After a period of uncertainty and market downturn, the crypto industry is gradually finding its footing, presenting new prospects for entrepreneurs in this space. Divergence between public and private markets As the recovery takes hold, it becomes apparent that capital
In the ever-evolving world of cybersecurity, new malware tools continue to emerge, posing significant threats to individuals and organizations. This article delves into the analysis of three prominent malware tools: PureCrypter, PureLogs, and PureMiner. These tools leverage advanced techniques such as data obfuscation, encryption, and obfuscation to target victims and compromise their systems. By understanding these tools and their capabilities,
In recent years, the financial industry has witnessed a paradigm shift, with payment providers embracing a hybrid model that seamlessly incorporates the decentralized capabilities of Decentralized Finance (DeFi). Unlike traditional centralized structures, this innovative approach combines the best of both worlds, ushering in a new era of adaptability, efficiency, and security in financial operations. The philosophy of integrating DeFi The
Manta Network, a cutting-edge layer-2 blockchain powered by zero-knowledge (zk) Proofs, recently faced a Distributed Denial-of-Service (DDoS) attack just as it celebrated a successful token listing on various exchanges. This article explores the aftermath of the attack, the impressive growth of Manta Network, and its recent achievements. DDoS Attack on Manta Network The assault aimed to overwhelm the network by
Ethereum, the leading smart contract blockchain globally, is poised for a potential reevaluation in 2024, driven by its continued dominance and crucial upcoming upgrades. This article explores the factors contributing to Ethereum’s optimistic outlook and the potential impact on its value. Ethereum’s Leading Position and Upcoming Upgrades Ethereum has established itself as the primary smart contract platform, offering a wide
Huawei Technologies Co Ltd, a leading Chinese multinational technology corporation, has made a significant announcement regarding the availability of its Web3 Node Engine Service (NES) for commercial applications. This move is set to have a profound impact on the blockchain and decentralized finance (DeFi) sectors, providing scalable and secure web3 protocols to developers and users. Supported Blockchains The NES platform
In a significant development in the world of cryptocurrency fraud, a South Korean court has handed down a four-year prison sentence to an individual who provided a bogus crypto exchange with illegal bank documents. The case sheds light on the extent of criminal activities surrounding cryptocurrencies, as well as the deceptive tactics employed by fraudsters. Let’s delve into the details
