Crypto users access their wallets and exchanges day in and day out and making sure it remains secure is one of their top concerns. While most of these apps have great security features like multi-factor authentication and biometrics, what happens to your data while it travels through the network is still an area of concern.…
Poland Confirms Arrest of Former Wex Exchange Executive in Warsaw
Reports of the detention of Dmitry Vasiliev, ex-head of the bankrupt cryptocurrency exchange Wex, have been confirmed by authorities in Poland. The former executive of the platform, allegedly involved in the theft of funds worth millions of dollars, faces possible extradition to Kazakhstan. Prosecutor’s Office Confirms Vasiliev Is in Custody in Poland Dmitry Vasiliev, who…
New Crypto Aims to Solve ‘Zimbabwe’s Money Problems Using Blockchain Technology’
The Zimbabwean currency’s collapse in 2008 and record hyperinflation are widely seen as textbook examples of what can go wrong with a centralized currency. For instance, some cryptocurrency enthusiasts — as well as opponents of the fiat currency system in general — have routinely pointed to the Zimdollar’s collapse when arguing for an alternative monetary…
Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed
According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to $41 billion. The Covid Effect As expected, the Covid-19 pandemic is identified as one of the main causes of the decline. However, despite this projected 5.4 per cent drop, a…
Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt
The Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being perpetrated in the form of a…
Own NFT Land in ERTHA Metaverse and Generate Lifetime Revenue
ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on a binance smart chain to explore and investigate the world by choosing specializations and increasing the strength of your NFT and country. Ertha’s globe consists of 350,000 HEX land plots, represented as NFTs. By owning a HEX land plot,…