The drive towards financial inclusion and innovation in the fintech space has taken another remarkable step forward with the new partnership between SeerBit, a leading secure payment solutions provider, and Kuda, a pioneering digital bank in Nigeria. This collaboration aims to transform the landscape of online payments in Africa, offering a more secure, convenient, and user-friendly experience for businesses and
Artificial Intelligence (AI) is advancing at a staggering pace, transforming industries by enhancing capabilities and creating unprecedented opportunities. However, this rapid progress presents significant challenges, particularly in ensuring robust security measures to protect critical applications and infrastructure. As AI technologies integrate into diverse products and services, the risk of vulnerabilities and exploitation by malicious actors becomes a pressing concern that
In an unprecedented move to bolster investor confidence and safeguard user assets, the South Korean government has announced stringent new regulations for cryptocurrency exchanges. The Financial Supervisory Service (FSS) will enforce these rules as part of the Virtual Asset User Protection Act, which was enacted in July. The primary goal of these regulations is to offer a more secure trading
Ethereum, a pioneer in the cryptocurrency world, currently stands at a precarious juncture. The market has witnessed substantial fluctuations, particularly following the release of the U.S. Consumer Price Index (CPI) report. This report, which evidenced easing inflation, brought a wave of hope among investors. However, the subsequent reaction in Ethereum’s price has been nothing short of a roller-coaster, mirroring the
The sudden movement of $1.7 billion worth of dormant Bitcoin has sent ripples through the cryptocurrency market, sparking extensive discussions among analysts and investors. Such a significant shift, observed by onchain analyst XBTManager, involved the relocation of 29,206 BTC that had been inactive for periods ranging from three months to three years. This activity, happening between August 11 and 12,
The role and future of memecoins within the cryptocurrency landscape have become pivotal talking points among industry experts, drawing varying opinions regarding their long-term viability. As memecoins emerged as a significant entry point for newcomers, they garnered substantial attention due to their potential for high returns. Despite this, questions loom over their sustainability in the evolving digital asset market. Jelena
The emergence of the China-supported threat actor Earth Baku as a significant force in the cyber-espionage landscape has become particularly evident since it expanded its operations beyond the Indo-Pacific region. Formerly known for targeting countries within this confined geographical boundary, Earth Baku has, since late 2022, broadened its scope to include nations in Europe, the Middle East, and Africa (MENA).
PayPal Holdings Inc.’s introduction of the United States dollar-pegged stablecoin PYUSD into the cryptocurrency market has garnered significant attention, particularly due to its rapid supply growth on the Solana blockchain compared to Ethereum. As the fourth-largest centralized stablecoin issuer following Tether (USDT), Circle (USDC), and First Digital (FUSD), PYUSD exemplifies the complexities and opportunities inherent in the evolving blockchain ecosystems.
House Representative Ro Khanna, a prominent Democrat, has become an outspoken advocate for the crypto industry, claiming it is indispensable for maintaining America’s position as a financial leader on the global stage. With the upcoming US Presidential election putting both major political parties in the spotlight, Democrats and Republicans alike are in a race to align themselves with the burgeoning
As the popularity of cryptocurrencies like Bitcoin, Ethereum, and BTC Bull Token continues to surge, fintech companies are increasingly interested in integrating these digital assets into their platforms. This move not only helps them stay competitive but also meets the growing demands of users eager to engage in decentralized finance. However, this integration is fraught with challenges that need calculated
In a significant recognition of its innovative solutions, Keepit has garnered the prestigious title of Best Use of SaaS in a Cloud Ecosystem at the 2024 Cloud SaaS Awards. Announced from London, this accolade underscores the company’s dedication to excellence in the software-as-a-service (SaaS) sector. Besides winning this coveted category, Keepit secured finalist positions in two crucial areas: Best Security
A nascent neobank, Keabank, has recently captured the financial industry’s attention by completing a significant funding round, raising €10.5 million. Spearheaded by Mark Carnegie, a seasoned investor famed for his expertise in investment and corporate advisory within digital assets and crypto ventures, this funding aims to propel Keabank towards its mission to revolutionize financial services. With a particular focus on
