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Day

February 14, 2021
This story originally appeared in The Continent, the pan-African weekly newspaper designed to be read and shared on WhatsApp. Subscribe here. Bitcoin. The currency of choice for drug dealers, terrorists, investors, spaceship enthusiasts —  and ordinary people, including many of us who just want to get paid for an honest day’s work.  Bitcoin. Because of...
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Decentralized trading platform Synthetix has raised $12 million from venture capital firms Coinbase Ventures, Paradigm and IOSG. The raise looks to be a rare occurrence of VCs investing through the purchase of a platform’s native token directly from its treasury rather than wiring funds to its founders. Synthetix is run by a DAO, or a...
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ANC secretary general Ace Magashule’s efforts to bolster the national youth task team (NYTT) with some of his own loyalists were thwarted during the party’s national executive committee (NEC) meeting on Friday.  Magashule is said to have brought in a list of names to take over the task team’s reins, some of whom are his...
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It will take 21 years for the rest of the world to mine as much of the Chia (XCH) cryptocurrency as the company behind it will have on the day its mainnet launches next month. “We believe that chia, a new digital currency built on our new blockchain with radically different features and security than...
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This story originally appeared in The Continent, the pan-African weekly newspaper designed to be read and shared on WhatsApp. Subscribe here. A twisted tale — involving secretive weapons deals, a bloody election, an urgent petition and an impending gag order — unravelled as a result of social media, when Jerusalem-based human rights lawyer Eitay Mack...
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Decentralized finance protocols (DeFi) Cream Finance and Alpha Finance were victims of one of the largest flash loan attacks ever Saturday morning, resulting in a loss of funds totaling $37.5 million, according to transaction details on Etherscan. Two hours later Cream Finance said its contracts were “functioning as normal” and markets had been enabled. Alpha...
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