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Kamenuka! Fear As KCB, Equity And Other Top Banks Set Aside Billions Anticipating Major Loan Defaults

Eight leading banks, including Equity, KCB, and Stanbic, have increased their loan-loss provisions by 45.8 percent to reach Sh62.5 billion in the third quarter of

Business Crypto Personal Finance

Parliament Tasks BAK With Crafting Crypto Regulation Bill

Parliament has called upon the Blockchain Association of Kenya (BAK) to spearhead the creation of the initial draft for what could potentially become the groundbreaking

Business Crypto

Blockchain Association Of Kenya Proposes VASPs Bill to Regulate Virtual Assets Sector

A blockchain advocacy group is advocating for the introduction of a Virtual Assets Service Providers (VASPs) Bill, aiming to bring regulation to the virtual assets

Crypto

Creators of ‘The Key to Success’ Crypto Scam Allegedly Disappear with $1.6 Million in Customer Funds in the Central African Republic

In early October 2023, authorities in the Central African Republic (CAR) launched a comprehensive investigation into the sudden disappearance of the operators behind La Clé

Business Crypto

Cryptocurrencies Proven To Be A More Reliable Store Of Value In Africa

The relentless devaluation of currencies across many African nations and the rising inflation rates in the past year have prompted a grassroots surge in the

Business Crypto

Worldcoin Ordered To Stop Operations In Kenya

A Kenyan parliamentary committee has urged the country’s information technology regulator to halt the operations of the cryptocurrency project Worldcoin within Kenya until more stringent

IMF
Crypto

Bitcoin Volatility Remains Muted Ahead of Fed Rate Decision, Traders Expect Low Impact

Bitcoin’s (BTC) price volatility continues to remain subdued, mirroring the tranquility seen in U.S. stock and bond markets. Crypto traders anticipate that this low-volatility trend

Business Crypto

PayPal Enables US Users To Sell Cryptocurrency Via MetaMask Wallet

PayPal is continuing its expansion into the world of digital assets, offering new avenues for buying and selling cryptocurrencies such as Bitcoin. On September 11,

Business Crypto

‘I was Paid Only 2K And I Now Also Have Eye Problems,’ Kenyans Who Registered For Worldcoin Beg Govt For Help

The ongoing controversy surrounding the cryptocurrency project, Worldcoin, has taken a troubling turn with reports emerging that some Kenyan participants who underwent iris scans for

Diversify Their Crypto
Business Crypto Personal Finance

Report: Mind Blowing Number Of People Who Have Become Millionaires Through Cryptocurrency

In a recent report, it has been revealed that a substantial number of individuals have achieved High Net Worth (HNW) status through cryptocurrency trading, particularly

Crypto

ChatGPT Predicts Bitcoin Price In 2024, 2028, 2032 and 2050

In the dynamic realm of technology, the current year has been witness to an unparalleled upsurge in the progress and utilization of artificial intelligence (AI).

Business Crypto Personal Finance

Kenya Launches Parliamentary Inquiry Into Controversial Worldcoin Project Following Shut Down

In a groundbreaking move, Kenya has initiated a parliamentary investigation into the contentious Worldcoin cryptocurrency project, just weeks after becoming the first nation to halt

Business Crypto

Crypto Market Shudders with $71.6 Billion Loss as Traders Face Liquidations: Bitcoin and Ethereum in Turmoil

Amidst Weeks of Calm, Cryptocurrencies Witness a Startling $71.6 Billion Plunge in Market Value on August 17, Triggering Massive Liquidations August 17 marked a sudden

Business Crypto Personal Finance

Worldcoin Menace: Government Suspends Worldcoin Activities In The Country

In a recent development, the government of Kenya has taken a decisive step by suspending all Worldcoin activities within the country. This decision was announced

Business Crypto Personal Finance

Why Kuwait Has Banned Cryptocurrency And Virtual Assets Transactions

Kuwait’s regulatory bodies, including the Central Bank of Kuwait, the Capital Markets Authority, the Ministry of Commerce and Industry, and the Insurance Regulatory Unit, have

Crypto Personal Finance

Learn Ways To Mine Crypto In July On Your Smartphone

Previously, crypto mining apps were not allowed on any smartphone store such as the Apple App Store and Google Play Store due to the strain