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Day

February 10, 2021
Political pressure and people with links to key political players were found to be the main drivers of personal protective equipment (PPE) corruption, the head of the Special Investigating Unit (SIU) told parliament’s standing committee on public accounts (Scopa) on Wednesday, adding that some of his investigators had come under threat. “As a result, we...
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Mastercard is planning to give merchants the option to receive payments in cryptocurrency later this year. According to a source familiar with the matter, the functionality will see Mastercard customers’ digital currency payments settled in crypto at participating merchants, a first for the financial giant. The company has not yet disclosed which digital currencies it...
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The GCRO is seeking to appoint a high-calibre researcher and manager to be the Executive Director and to lead the GCRO. Reporting to the GCRO Board, the Executive Director will be expected, inter alia, to • Oversee the execution and delivery of GCRO’s mandate and projects. This entails being responsible for ensuring high quality and impact...
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Mobile-focused blockchain payments startup Celo has raised $20 million from the likes of Andreesen Horowitz (a16z), Greenfield One and Electric Capital. According to a press release on Wednesday, the funding will go towards fleshing out its suite of offerings. Celo is a proof-of-stake blockchain built on Ethereum, designed to support stablecoins and tokenized assets, while utilizing cellphone...
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By Esther Bootsma, translated by Adriaan Verheul (Atlas Contact Publishers, Amsterdam) I have a love-hate relationship with the United Nations. Don’t get me wrong — I sincerely believe that our planet is better off with the UN than without, but it is a frustrating, slow-moving, hyper-bureaucratic organisation with an overabundance of dead weight in what...
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A website imitating the defunct cryptocurrency exchange QuadrigaCX has been posted online as of Tuesday, hoping to lure unsuspecting victims. A warning notification was sent out on Tuesday from both the exchange’s law firm Miller Thomson, which represents the now-former users of Quadriga, and Ernst and Young (EY), a court-appointed bankruptcy trustee for the exchange....
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